News

South Australia and Western Australia joined forces yesterday in the race for $8 billion in navy shipbuilding contracts to be awarded in the next two years. Under the Australia-first deal, Perth will…

ONE of the legendary names of Clyde shipbuilding, Scott-Lithgow, is to be resurrected under a new ship repair company at the Inchgreen dry dock in Port Glasgow, creating 100 jobs over the…

The future of hundreds of British shipyard jobs could be decided this week when executives from Britain's leading shipbuilders meet ministry of defence officials to review the Royal Navy carrier programme.Kellogg Brown…

INP Heavy Industries of South Korea has received an order to build six 13,000 dwt coated oil/chemical tankers from a prominent Greek shipowner. They will have a service speed of 13.4 knots…

MacGREGOR will form the marine cargo handling division within Kone Cargotec, complementing the land-based operations of its Kalmar and Hiab divisionsKONE Corporation has bought MacGREGOR from owners Industri Kapital and Gambro AB…

Farstad Shipping ASA has received a Letter of Intent from Norsk Hydro for the supply of 3 platform supply vessels (PSV). The contract periods are for 5 years, 10 years and 10…

ASL Shipyard Pte Ltd, the wholly owned subsidiary of ASL Marine Holdings, has secured additional shipbuilding contracts worth a total of $45 million for the construction of eight new vessels. These contracts,…

Aker Brattvaag, a company in the Aker Yards Group, has been awarded a contract worth approximately $37 million by Olympic Shipping to build a Platform Supply Vessel of the MT 6016 type.…

A consortium comprising Mitsui O.S.K. Lines (MOL), Nippon Yusen Kabushiki Kaisha (NYK), Kawasaki Kisen Kaisha ("K" Line) and Mitsui & Co (Mitsui) has signed a 25 year long-term charter agreement for a…

Wärtsilä Corporation has introduced a new family of face-type seals specifically for water-lubricated stern tubes. These new deep sea seals brand ManeGuard seals are ideally suited to vessels sailing frequently in coastal…

ABS has issued Approval In Principle (AIP) to a new liquefied natural gas (LNG) tank containment system and carrier design developed by Houston-based Ocean LNG Inc. The tank design consists of a…

Keppel Corp. has received a $164 million contract to build oil platforms for a unit of Mexico's national oil company, Petroleos Mexicanos. Keppel Offshore and Marine, has a 60% stake in the…

Aker Yards, via its wholly owned subsidiary Aker Brevik, has entered into a contract with Island Offshore VIII KS in Ulsteinvik, Norway, to deliver a UT 755LN platform supply vessel. The value…

The Spanish shipyard Izar Ferrol is looking for overseas markets that will generate revenues at least $24 billion. At present the Ferrol yard, described as one of the few global shipyards able…

The Indian Navy has started construction of a 40,000 tonne displacement indigenous aircraft carrier at an estimated cost of Rs 3,000 crore. "Besides acquiring the 'Gorshkov' aircraft carrier from Russia, the Indian…

Hyundai Corporation, seeking new business, has signed a contract to take over Qingdao Lingshan Ship Engineering (QLSE) in China. The Chinese yard is a medium-size ship builder that mainly constructs vessels between…

Bharati Shipyard, one of the leading shipbuilder in the private sector in India, aims to achieve 20% of its revenue from the ship-repair business after completion of the current expansion drive. "Though…

According to a European diplomat just hours after Seoul had claimed victory in the case, the WTO has ruled against South Korea on the core issue of a dispute over South Korea?s…

President Chavez of Venezuela has announced that his country will send some oil tankers to the troubled Izar shipyard. Spanish President Jose Luis Rodriguez Zapatero had been brokering the deal, which could…

VT Halter Marine has signed a $31 million contract to build a double-ended passenger/vehicle ferry for Nantucket Steamship Authority in Massachusetts. The 78.15 metre long ferry is expected to be delivered in…

Calling the pending adoption of new IACS common rules for tankers and bulk carriers "the most fundamental change in the structure of the classification sector in its history," ABS chairman and ceo,…

Wärtsilä has received an order from Hyundai Heavy Industries of Korea to supply four sets of Wärtsilä 50DF dual-fuel engines to power a series of 155,000 m3 dual-fuel-electric LNG carriers, with an…

Aker Brattvaag, a company in the Aker Yards Group, has signed a contract with Volstad Maritime AS, Alesund, Norway for outfitting of one ROV Survey/Supply vessel at Aker Langsten. The contract is…