News

The San Diego-based NASSCO shipyard has received another order from the US Navy to build another T-AKE class logistic support supply vessel. This will be the ninth unit for the Navy and…

Ulstein Verft has signed a contract with Olympic Shipping in Fosnavåg, Norway, for a large P101 multipurpose platform supply vessel designed by Ulstein Design. The new vessel is hull number 278 at…

Rolls-Royce has unveiled the latest design in its family of coastal protection vessels at the Pacific 2006 exhibition in Sydney, Australia. Navies, coastguards and public agencies are increasingly interested in ships which…

Moscow-based Sovcomflot and Admiralty Shipyards have signed a contract for the construction of three 47,400 DWT product carriers which extends this series of product carriers to 9 vessels. The seventh and the…

The privately owned Indian shipbuilder ABG Shipyard has secured a contract worth $30 million for the construction of three 90 tonne bollard pull Anchor Handling Tugs from Lamnalco of Cyprus. The shipbuilder…

The Tasmanian fast ferry shipbuilder Incat hopes to expand its staff by several hundred following an approach by a European client and another for two 112-metre cats from a Japanese company, with…

GT North of England P&I club is warning shipowners to start preparing now for the introduction of stringent new international and national ballast regulations. The club has just published a detailed analysis…

Diana Shipping, the Athens-based transportation company specializing in dry bulk cargoes, has taken delivery of a new Panamax bulk carrier, the ?Coronis?, from Hudong-Zhonghua Shipbuilding in Shanghai China. The ?Coronis? is a…

Yayasan Sabah Group is set to play an active role in the chemical marine transportation industry, planning to expand its involvement in this sector with the acquisition of more tankers. The group,…

National Shipping Co. of Saudi Arabia is buying as many as 17 VLCCs and chemical tankers. The company plans a five-year acquisition program under which it will buy at least nine VLCCs…

Daewoo Mangalia Heavy Industries in Romania will pay the equivalent of 3.6 million euros for the takeover of Mangalia Shipyards from the Ministry of Economy and Commerce (MEC). According to a press…

"K" Line Bulk Shipping (UK) Ltd, the London-based regional headquarters company of Kawasaki Kisen Kaisha ("K" Line), has ordered a new-design bulk carrier from Oshima Shipbuilding. Developed by the Japanese shipbuilder, the…

STX Shipbuilding in South Korea launched a 51,000DWT product carrier for an Italian owner which was built using the skid launching system (SLS). Shipbuilding period of the product carrier was reduced from…

Guangzhou Wenchong Shipyard in China clinched two 1,700TEU container ships from Ownership Corporation in Germany. Ship price and delivery date were not disclosed. In a separate deal, NVA in Germany placed an…

France has agreed to pay Britain as much as £140m to develop and construct an aircraft carrier based on the design of those being built for the Royal Navy. It is the…

SBM Offshore has signed an agreement with Exxon Mobil affiliate Esso Exploration Angola (Block 15) Limited in which SBM will proceed with project development activities for two FPSOs for the Kizomba C…

France is reportedly on a collision course with the UK over a £100m demand for access to the UK?s aircraft carrier programme. The issue is expected to dominate the forthcoming meeting between…

The IMO and the non-governmental industry organization Interferry have signed a Memorandum of Understanding (MoU) formalizing the two organizations? intent to work together towards enhancing the safety of non-Convention ferries by collaborating,…

A broad coalition of shipping industry organisations has brought legal proceedings to test the validity of the EU Directive on Criminal Sanctions for Ship-Source Pollution.INTERTANKO, together with INTERCARGO, the Greek Shipping Cooperation…

Vacon's factory in Suzhou, China, has moved to larger premises. Vacon has been operating in Beijing, China, since the year 2000. In 2004, Vacon founded a factory in Suzhou, and the first…

Norwegian oil rig firm SeaDrill has declared its option to build a second semi-submersible ultra deepwater drilling rig with Daewoo Shipbuilding in Korea. The rig is of the design GVA-7500-N and is…

Russian defence minister Sergei Ivanov has announced that construction of the nuclear-powered icebreaker ?50 Let Pobedy? will be completed this year. "I hope that the nuclear icebreaker ?50 Let Pobedy? will be…

Venezuela and Iran have agreed to explore setting up a joint shipbuilding operation, according to the State-owned company, Petróleos de Venezuela (PDVSA). The preliminary agreement looks towards jointly building oil tankers, liquid…