News

Following the two ships ordered in October 2006, the German owner Hartmann Logistik GmbH, a subsidiary of the Hartmann Group, has placed a contract with Fincantieri to build a further eight multipurpose…

GRC Ltd, a wholly owned subsidiary of QinetiQ Limited, has launched a new and improved version of its 'Paramarine' ship design software and 'Seagoing Paramarine' software, which is used for onboard ship…

A Korean newspaper is reporting that the China is planning a 93,000 ton nuclear-powered aircraft carrier to be built at China State Shipbuilding Corp?s (CSSC) Jiangnan Shipyard for completion by 2020. Jiangnan…

Aker has signed a contract with GDV Shipping in Arendal, Norway, to deliver one Aker PSV/ROV 06CD platform supply vessel. The total value of the contract is approximately $66 million. The 94.90…

The Seattle-based naval architect firm Guido Perla & Associates, Inc. announced today that French marine services provider Bourbon Offshore has placed an order for 4 GPA 670 MKII Special Products vessels, thereby…

Aker Yards has signed a contract with MSC Cruises to build a 4th MSC Musica Class Cruise ship. The ?MSC Magnifica? will be built at Aker Yards, Saint-Nazaire in France, for delivery…

The Residential Cruise Line Ltd has entered into a Memorandum of Understanding with Aker Yards to start building the residential cruise ship ?Magellan?. This is the first step and the finalization of…

Qatar Gas Transport Company Ltd. (NAKILAT) has signed an agreement with Singapore based Keppel Offshore & amp; Marine Limited (Keppel O&M) through its wholly owned subsidiary, KS Investments Ltd., to jointly develop…

Yantai Raffles Shipyard in northern China has been awarded a contract to construct a flexible fall pipe bulk carrier worth approximately $78 million by the Dutch dredging, offshore and marine construction company…

Royal Caribbean Cruises Ltd. has ordered another Genesis class cruise vessel from Aker Yards at a cost of approximately EUR 900 million ($1.2 billion). The contract is subject to final confirmation of…

POSCO, South Korea's leading steelmaker, plans to raise the prices of some steel products beginning 19 April to reflect an increase in iron ore costs. The price of steel plates for shipbuilding…

Wärtsilä Corporation today inaugurated the first phase of a new reconditioning workshop in Shanghai, China. It will provide high-quality reconditioning services to owners and operators of marine engines, gearboxes,controllable-pitch propellers, thrusters and…

South Korean shipbuilders are expected to win the bulk of global orders for liquefied natural gas (LNG) carriers this year thanks to their capabilities to build such ships, industry sources said.Three of…

Daewoo Mangalia Heavy Industries won a new order of four 171,000DWT bulk carriers from Anangel Shipping for delivery in 2009 and 2010. The new order includes an option for two more units.Hudong…

Hyundai Samho Heavy Industries has clinched an order two 10,000TEU container ships from ZIM. The new vessels will be delivered in January and February 2010. The order also attaches one more option.…

Aker Yards in Norway has entered into a contract with Gulf Offshore North Sea Ltd in Aberdeen, Scotland, to build two Platform Supply Vessels (PSV) based n the Aker design PSV 09…

BAE has launched a takeover bid for Devonport Management Ltd (DML) in the UK-based Devonport dockyard where the Royal Navy?s nuclear-powered submarines are refitted in programmes worth hundreds of millions of pounds.BAE…

Hyundai Mipo Dockyard in South Korea has won a new order for four product carriers at a price of W 181.2 billion. They will be delivered by February 2011.

NYK Line in Japan has placed a new order for two 250,000DWT bulk carriers with Namura Shipbuilding. This will be the first time for an ore carrier of this size to be…