News

Odense Steel Shipyard Ltd. (Odense Staalskibsv?rft A/S) has entered into agreement with the Hegemann Group of Companies, Germany, regarding the sale of Volkswerft Stralsund GmbH. Conclusion of the sale is subject to…

Pride International, Inc based in Houston, USA, will construct an advanced-capability, dual activity drillship for use in ultra-deepwater drilling locations. The new rig will be capable of drilling in water depths of…

Kuala Lumpur based MISC Bhd has signed an agreement with South Korea's SLS Shipbuilding (SLS) to buy eight 45,000 dwt chemical tankers. The double-hulled IMO II vessels ordered at a total cost…

BP Shipping recently took delivery of the British Emerald, the world?s largest liquefied natural gas carrier (LNGC), the first in a series of dual-fuel diesel-electric gas ships. Built by Hyundai Heavy Industries…

Norwegian shipbuilder Aker Yards said in a recent statement that it was revising its 2007 earnings forecasts down as a result of challenges, mainly to do with ferry projects at its three…

The recent launch of Australian Incat yard?s 112-metre wave piercing catamaran set new milestones for high speed light craft (HSLC) shipping. The vessel, named the Natchan Rera, is the world?s largest diesel-powered…

Fred. Olsen Cruise Lines Ltd. has announced plans to lengthen and upgrade another of its cruise ships during 2008. The Braemar will undergo the work during its dry dock period scheduled for…

Lyngs? Marine of H?rsholm, Denmark, a subsidiary of SAM Electronics, has been awarded a major contract for supply of integrated automation packages for installation aboard a series of 14 54,000 dwt bulk…

President Vladimir Putin has signed a decree merging the country's top energy shipping companies in a move to create a $5 billion national shipping giant and help develop the country's huge offshore…

The Vietnam Shipbuilding Industry Corporation (Vinashin) recently delivered a 53,000 dwt bulk carrier, the largest ever built in Vietnam, to its UK owner in northern Quang Ninh province. Named ?Florence?, the newbuilding…

Adelaide in South Australia will become the home of Australian naval ship building following the latest defence contract. The Royal Australia Navy is to get three new air warfare destroyers and two…

Hanjin Heavy Industry has secured a $224 million shipbuilding order from a new European client on the back of increased shipping volumes and fees. Delphis of Belgium placed an order for Hanjin…

Daewoo Shipbuilding & Marine Engineering has obtained a combined $800 million worth of orders from two international customers. The South Korean shipbuilder said an unidentified US shipowner ordered an oil drill ship…

Odense Steel Shipyard Ltd. (Odense Staalskibsv?rft A/S) has announced that EPIC Shipping, UK, has contracted to purchase six RO-RO vessels from the Danish shipyard. Main particulars are length 193 m, breadth 26…

COSCO Group, China's shipping conglomerate, has signed a deal with Japan's Kawasaki Heavy Industries Ltd. to build a shipyard in northeast China, their second such venture in the country.COSCO will control 70%…

Hyundai Heavy Industries has won an 857 billion won ($923 million) order to build eight container vessels. The deal from a European company calls for HHI to deliver the ships by December…

Colombo Dockyards Limited?s (CDL) launch of the Anchor Handling Tug Supply vessel, built for Great Ship (India), is scheduled to take place next week. "This occasion will mark the first launching of…

Dubai Drydocks (DD), a market leader in ship repair and conversions, has concluded an agreement with Singapore-based Navig8 Shipmanagement Pte Ltd to build four medium range (MR) product tankers, with an option…