News

For decades, Palmer Johnson in the US has produced some of the world's largest luxury motor yachts and, last week, president and CEO Mike Kelsey Jr. confirmed that the company was opening…

The Ice Maiden 1 conversion contract at A&P Tyne, Hebburn, should have kept several hundred workers busy until next March. But the order is now in doubt after troubled Scottish company C&M…

Cosco Shipyard Group will build two more Sevan 650 drilling units at a combined value of $500 million for Sevan Marine ASA. Sevan has made prepayment of S$7 million to secure the…

According to Jiujiang Yingxin Shipbuilding Company (JYSC), one of the largest private shipbuilders in China, the company has recently signed a large newbuild contract with Dalian Haichang. The contract involves building 20…

Brazilian iron ore miner Vale has ordered 12 very large ore carriers (VLOC) from Chinese shipbuilder RongSheng Shipbuilding and Heavy Industry for $1.6 billion. Each of the ore carriers will have a…

Italian-based Siba Ships, the world?s leading maritime livestock transporting company, has placed a $250 million order for two livestock carriers to be built at Croatia?s Uljanik yard. The new vessels will carry…

Special Areas in which the discharge of wastes from ships is prohibited will take effect in the ?Gulfs area? and off southern South Africa on 1 August 2008, providing extra protection from…

A report on the progress of negotiations with investors interested in buying the Polish shipyards was sent to the Polish Treasury Minister yesterday. Aleksander Grad has designated special teams to conduct the…

Seattle-based naval architect firm Guido Perla & Associates, Inc. (GPA), is further expanding its international focus after opening an office in Shanghai, China in 2004, and has announced the establishment of a…

Austal?s US operation located in Mobile, Alabama, celebrated the start of work on its Modular Manufacturing Facility (MMF) with a groundbreaking ceremony. The MMF project when complete will include 65,000m2 of manufacturing…

Drydocks World (DW) - SE Asia expects to start operations at a fifth yard in the Southeast Asia region in 18 months' time. Dredging work will begin on the 174-hectare (430-acre) site…

South Korea's Daewoo Shipbuilding and Marine Engineering Co. (DSME) secured a drillship order from an undisclosed client based in the Americas. The drillship, valued at a reported KRW766 billion ($754.7 million), is…

WWF-UK welcomes the findings of the joint committee report on the Draft Marine Bill which have been published today. The report raises important points about the need to strengthen the provisions of…

The recently established Qingdao Yangfan Shipbuilding Co., Ltd., funded by Yangfan Group and Qingdao Machinery Industry General Co., Ltd., with a total registered capital of RMB650m, plans to construct a shipbuilding facility…

India's Bharati Shipyard has won a repeat $67.86 million order from Norwegian Offshore Shipping Ltd for two AHTS vessels.

The International Maritime Organisation (IMO) has resolved to step up protection of new cargo and passenger vessels in the case of accident. Accordingly, all new vessels built from 1 January 2009 will…

The commissioning of a second slipway at Titan Quanzhou Shipyard in China?s Fujian province has doubled its annual shipbuilding capacity to 20 vessels of 7,000-9,000 dwt. The second slipway is 275 metres…

Fincantieri has signed a contract with Rosatom, the Russian Body for Atomic Energy, for the construction of a vessel to transport irradiated fuel and radioactive waste from the dismantling of Russian nuclear…

State-run Shipping Corp of India (SCI) will order four bulk carriers by August as part of its ongoing fleet expansion programme. The company already has ordered 28 ships costing $1.6 billion and…