News

Aker Yards Cabins in France was recently launched under the legal name of Aker Yards Cabins SAS and will provide cabins for all passenger vessels of Aker Yards, France and plans to…

Hyundai Mipo Dockyard Co., received a $245 million order to build five 51,000 DWT product tankers for a European company. The Korean shipbuilder will deliver the newbuildings by January 2011. The shipyard…

China Shipping Group (CSG), the second biggest oceanic transportation conglomerate in China, plans to build its first shipyard by the end of 2008. This makes it the second time in less than…

Shipbuilding group Aker Yards has signed a contract to build six 3,000 DWT anchor handling towage supply vessels (AHTS) at its new shipyard in Vietnam. The contract with Aker Capital was worth…

Hanjin Shipping in South Korea has ordered five more Post-Panamax 8,600 TEU container ships from Hyundai Heavy Industries to upgrade its current main fleet consisting of four 5,000 TEU ships. Hanjin is…

A scaled model of the hull for a new medium-sized passenger-vehicle ferry, designed by Poseidon Marine Consultants Ltd., was tested today in ice at the Institute for Ocean Technology in St. John?s,…

Australian-owned tour operator Scenic Tours has completed the formation of its European operations company Scenic Tours Europe AG that will be based in Zug, Switzerland. It is a venture that will mean…

Singapore-based shipbuilder Jurong Shipyard has won a contract to build an ultra-deepwater semi-submersible rig for the international offshore drilling contractor, SeaDrill. The deal is worth $535.5 million. The semi-submersible rig is scheduled…

Ace Marine Ltd, the Fife-based firm of naval architects, has acquired the oldest continually operating yacht design business in the world, A Mylne & Co ? including the design archive, described by…

According to local reports, investors from Kuwait are interested in buying shares in the New Szczecin Shipyard (SSN). Talks concerning the investment will be conducted during Prime Minister Kaczyński's visit to Kuwait.…

Daesun Shipbuilding in South Korea has secured an order for a 1,000 TEU container ship from a Middle East shipowner. Contract price is W 22.2 billion and delivery is scheduled for June…

Mumbai-based Transworld group is expanding its operations in a major way by ordering four container ships costing $25 million each from Singapore?s warship specialist shipyard Singapore Technologies Marine Ltd."Each of these ships…

The Republic of Vanuatu, with an established network of offices, deputy commissioners, special agents and inspectors in Asia ? Tokyo, Taiwan, Korea, Singapore, Hong Kong, the Philippines, Indonesia, Malaysia and Thailand --…

Sister to the BUTE delivered last year, the latest new ferry built for Caledonian MacBrayne, the ARGYLE, recently arrived on the Firth of Clyde having sailed from the shipbuilding yard Remontowa in…

Bangladesh?s main shipbuilder, Ananda Shipyards Shipways Ltd (ASSL), has won a $100 million contract to build eight vessels, a deal seen as helping pave the way for the nation to emerge as…

Bharati Shipyard Limited (BSL), one of the leading private sector shipyards in India, has signed a contract with Great Offshore Ltd (GOL) for construction and supply of a multipurpose offshore support vessel…

Samsung Heavy Industries has won a drill ship from Saipem at a cost of $660 million for delivery in March 2010.

Shipping Corporation of India (SCI) is planning to invest $280 million in acquiring four container vessels to cater for the rapidly-expanding European and American markets. Two vessels, of 4,400 TEUs each, will…

Mumbai-based shipbuilder Pipavav Shipyard and Engineering (PSEL) is currently restructuring its capital basis by inviting overseas investors to take a stake in the company. The post-restructuring envisages that four financial investors will…