News

Lifeboat and davit manufacturer Schat-Harding has booked orders for lifesaving equipment worth a record breaking NOK300m ($60m) so far in 2008. Over 60% of these orders came from the offshore sector.Ove Roessland,…

The Bežiktaž Maritime Group has started the preliminary work for the construction of a shipyard on a 320,000 square meter plot in the southern city of Adana in Turkey. Yavuz Kalkavan, assistant…

The third in the series of the world?s largest cruise vessels for Royal Caribbean was delivered today at Aker Yards, Turku in Finland. The ?Independence of the Seas? has all of the…

GS Holdings Corp, the holding firm of South Korea's GS Group, an energy and construction-focused conglomerate, said it is studying a possible bid for Daewoo Shipbuilding and Marine Engineering. Another domestic business…

Singapore-based Jurong Shipyard, a subsidiary of Sembcorp Marine, signed a strategic alliance agreement with Rio de Janeiro-based Mac Laren Shipyard to operate a shipyard in Brazil.Under the agreement, which takes effect immediately…

A&P Tyne in the UK has been awarded the contract to carry out the conversion of a former ice breaking cargo vessel into a DP3 Floatel accommodation vessel carrying up to 399…

Garden Reach Shipbuilders and Engineers (GRSE) in Kolkata, India, is at an advanced stage of negotiations with French shipbuilding giant, DCNS (Direction des Constructions Navales Services), for jointly setting up a cutting…

Samsung Heavy Industries in Korea has won a 452 billion won ($455 million) deal to build an LNG production vessel. The contract with a European shipping company calls on Samsung to deliver…

Indian construction and engineering firm Larsen & Toubro has signed a joint venture agreement to invest 30 billion rupees ($750 million) in a shipyard and port facility. The venture with southern Tamil…

Daewoo Shipbuilding & Marine Engineering has won a 554 billion won ($566 million) order to build a drill ship. The deal from an American company calls for Daewoo to deliver the vessel,…

?SigmaPrime 700? and ?SigmaPrime 700 LT? coatings will be applied to a vessel being built in Korea for Chandris Hellas that will be the first built in full compliance with IMO?s ballast…

Norwegian-based offshore support specialist Farstad Shipping has received delivery of its latest newbuilding, the ?Far Searcher? from Aker Yards. Farstad Supply, a wholly owned subsidiary of Farstad Shipping, says the UT751 E…

Calling 2007 "a truly remarkable year," ABS Chairman and Chief Executive Officer, Robert D. Somerville reported a record fleet size and record order book. Acknowledging that "ABS has benefited from the quite…

Imtech NV in the Netherlands has won contracts worth over 50 million Euros to provide technical services on board various high-tech offshore construction vessels to be used in the exploration and exploitation…

US offshore major Global Industries has decided to build yet another new pipelay / heavy lift vessel designed by Dutch design company Ulstein Sea of Solutions (USOS). The vessel named ?Global 1201?…

Aker Philadelphia Shipyard delivered its fourth Veteran Class MT46 tanker vessel to Aker American Shipping. It is the first vessel sold for profit to Aker American Shipping following the corporate reorganization that…

Legislation requiring treatment of ballast water on ships in the Great Lakes may reach a vote in Congress next week, but some of the bill's details remain a mystery. Rep. James L.…

The Marine Environment Protection Committee (MEPC) of the IMO convened its 57th meeting focusing on the reduction of harmful emissions and ballast water management, as well as the planned convention for environmentally…

International Salvage Union (ISU) president Arnold Witte had called on all sectors of the shipping and insurance industries to approach the issue of salvage and spill prevention with "fresh thinking and open…

The state-run Shipping Corp. of India Ltd (SCI) is set to buy four 82,000 dwt Kamsarmax-type dry bulk cargo carriers from South Korea?s STX Shipbuilding Co. Ltd for $239.80 million. STX emerged…