News

The Shipping Corporation of India (SCI) may soon forge a mega shipyard JV with India?s leading shipbuilding company ABG Shipyard. Some sources close to the development say that South Korean shipping major…

Brian Chang, chairman of Yantai Raffles Shipyard Limited (YRSL) has signed an agreement to sell approximately 29.9% of YRSL's issued share capital to China International Marine Containers (Group). The deal, valued at…

Following a spate of fatal accidents at the shipyard of Hanjin Heavy Industries and Construction Co. in Subic, Philippines, the shipbuilder decided to form a special committee that would monitor compliance of…

The managing director of A&P Tyne in the UK, Dave Skentelbery, recently said: "We have the ability to build new ships. The skills are still on the river. There are projects with…

Singapore shipyard ASL Marine has won three shipbuilding contracts worth S$126 million ($91.1 million). The three ships will be delivered in 2010.The first contract with Belgian group DEME is for a self-propelled…

The late delivery of a new cruise ship under construction for an American owner at the Irving-owned Halifax Shipyard in Canada has caused the cancellation of a summer sailing schedule and led…

Japan's Mitsubishi Heavy Industries (MHI) aims to more than double earnings from its shipbuilding operations next fiscal year. Operating profit at the Tokyo-based company's shipbuilding and marine business is expected to climb…

Daewoo Shipbuilding and Marine Engineering (DSME) expects demand for LNG carriers to slow this year because of delays in LNG projects. Daewoo may get orders for between 10 and 15 LNG carriers…

Christopher J. Wiernicki, President and Chief Operating Officer of ABS and Dr. Jan Jankowski, President of the Board, Polish Register of Shipping (Polski Rejestr Statkow) have signed a wide-ranging cooperative agreement that…

Daewoo Shipbuilding & Marine Engineering (DSME) has won a deal worth $602 million to build eight container ships. The deal with a European shipping company calls on Daewoo to deliver the vessels…

Daewoo Shipbuilding and Marine Engineering (DSME) contacted with North Korean officials last week in a bid to keep a joint shipyard construction project afloat amid stalled government-level efforts. According to the Unification…

Aker Yards has been awarded a contract with DOF ASA to build an innovative LNG-powered platform supply vessel. The vessel will be designed and equipped with the newest and most innovative environmentally…

Abu Dhabi Ship Building (ADSB), the Persian Gulf's only specialised naval warship builder, has been awarded the Al Saber project, a multimillion dollar contract to build 12 patrol boats for the UAE…

ThyssenKrupp Marine Systems AG (TKMS), headquartered in Hamburg, will restructure as of 1 April. The board recently decided that the naval shipbuilding and merchant shipbuilding sectors of Blohm + Voss GmbH are…

Hyundai Heavy Industries (HHI) has clinched two contracts to build a total of twelve bulk carriers. The first deal, valued at 758 billion won ($792 million), is for eight bulk carriers ordered…

All the shipyards in Istanbul's Tuzla district will be closed down if they do not implement regulations to prevent further worker deaths according to a local source. The success of shipyards should…

The Greek bunkering company Aegean Marine Petroleum Network Inc. has exercised its options with Qingdao Hyundai Shipyard, China, to purchase four new 5,500 DWT double- hull bunkering tankers. The newbuildings are expected…

The French giant shipping company CMA CGM has ordered four new CON RO vessels from South Korea's Hyundai Mipo for delivery in the second half of 2011. The new vessels will be…