News

Hyundai Mipo Dockyard in South Korea reported that it earned $900 million in turnover for the first half this year compared with 658 million for the same period last year. Its operating…

UltraStrip Systems Inc., the developer of high production, environmentally friendly robotic ship-hull cleaning equipment, has agreed to a five-year agreement with Tecor-Tecnologia Anticorrosao SA to be the exclusive ultra high pressure water…

Great Eastern Shipping Company Ltd (GE Shipping) in Mumbai, India, has taken delivery of a new platform supply vessel (PSV), named ?'Malaviya Twenty Four?' from the Indian shipbuilder, Bharati Shipyard. The vessel…

NACKS, the Chinese shipbuilder, recently won approval from the government on the construction of a 500,000DWT dry dock and work is scheduled to start in the autumn on this $247 million project.…

Saigon Shipbuilding Industry Company, a subsidiary of the country?s state-owned shipbuilder Vinashin, has launched a 6,500 DWT dry cargo vessel for as local shipping comapny. Named ?Saigon Queen?, this newbuilding is claimed…

A six-month breathing space has been agreed to secure the future of ship repair work at the former Cammell Laird yard in Birkenhead. Site owner Reddington Finance has awarded a licence for…

Fincantieri and Tallink have reached an agreement to build two new generation, high performance, ice-class cruise ferries, one of which is an option. They will be very similar to the two ferries…

Indonesia's oil and gas company Pertamina plans to buy six new oil tankers next year to enlarge its fleet. The company will allocate between $60 million and $70 million next year to…

Hudong Heavy Machinery Co (HHMC) in China has produced 35 low speed marine diesel engines with a total output of 549,000 bhp for the first half this year, 18.4% up in terms…

ZOCA Container Security BV has developed an innovative approach to preventing unauthorized opening of shipping containers, a serious problem in today?s shipping industry. The ZOCA approach taps Iridium satellite data links to…

In the latest of a series of setbacks, Ferguson Shipyard in Port Glasgow has lost out on an order from the Aberdeen-based Fisheries Research Services for a new fisheries vessel. Once again,…

Daesun Shipbuilding in South Korea has won a $44 million order for two 1,000TEU container ships from an unspecified Korean shipping company for delivery in 2008.

Daeyang Shipping in South Korea plans to build a ship repair facility in the Dagoshan Zone of Dalian Development Area in China. Total space of Dalian Daeyang Shipbuilding Corp will be 550,000…

Hudong Zhonghua (HZ) Shipyard in China clinched two 75,000DWT bulk carriers from the Greece shipping company Cardiff Marine. They will be delivered in March and June 2008. Ship particulars are 225m in…

Meyer Werft has, today, handed over the 93,500 gt cruise ship ?Norwegian Jewel? to the Norwegian Cruise Line (NCL) in the Dutch port of Eemshaven. The handover took place one day ahead…

The Malaysian shipbuilder, NGV Tech Sdn Bhd, has secured a contract worth about $1.8 million to build two passenger vessels for the Union Territory of Lakshadweep Administration Kavaratty in India. The two…

The deep-sea drilling vessel ?Chikyu?, which will be used to drill to the deepest depths of the ocean to shed light on the mysteries beneath the planet's crust, was delivered to the…

Fairmount Heavy Transport N.V. will be acquiring the semi submersible barges BOA 19 and 20 from BOA Offshore AS in Trondheim, Norway, and convert them to self propelled transportation vessels. The work…

Keppel FELS Limited (Keppel FELS) has delivered its latest semi-submersible drilling tender, ?West Setia?, to Smedvig Tender Rigs Pte (Smedvig) today. The delivery places Keppel FELS as the leader and pioneer in…

A local ship repair entrepreneur has teamed up with other investors in a bid to buy some of the dry docks at the former Cammell Laird shipyard. The Mersey Heritage Ship repair…

As part of diversification of business, engineering and construction company Larsen and Toubro Ltd (L&T) based in Mumbai is keen on entering into ship building business and developing minor ports. "L&T is…

Ferguson shipyard in Port Glasgow may have another chance to win a fisheries vessel which is going out to tender. The Scottish Executive has announced that the Aberdeen-based Fisheries Research Services is…

Hyundai Heavy Industries has received a $400 million order to build an offshore oil rig from a French oil company. Under the deal, Hyundai will construct a floating production unit for Total…