News

The floating offshore production platform ?Sevan Hummingbird? recently left Yantai Raffles Shipyard in China onboard the semi submersible heavy lift vessel heading for the Keppel Verolme Shipyard in Rotterdam where the installation…

The MacGregor Group, part of the Cargotec Corporation, has announced a new joint venture production partnership with Vietnam Shipbuilding Industry Group (Vinashin). The joint venture has been established as part of Vinashin's…

Danaos Corporation has signed shipbuilding contracts for four 6,800 TEU container ships with China Shipbuilding Trading Company, Limited. The vessels will be built by the Shanghai Jiangnan Changxing Heavy Industry Company Limited…

Seacor Marine, the subsidiary of SEACOR Holdings, has taken delivery of its latest vessel, the crewboat John G McCall. Built by Gulf Craft Shipyard in Patterson, Louisiana, the 190ft John G McCall…

Fincantieri?s shipyard in Muggiano-La Spezia recently held a keel laying ceremony for the company?s first mega yacht which was ordered by Nicholas Baker in May last year. When delivered in 2010, this…

Colombo Dockyard (CDL) is reporting a full order book until 2008 for new ships, after building seven fast patrol boats for the Sri Lankan Navy and two tugs for Saudi Arabia which…

It now looks certain, following meetings held on Monday at the Clyde shipyard of Ferguson Shipbuilders, that the vast majority of the workers employed there are to lose their jobs. Out of…

Mizho Bank in Japan expects that new order volume in 2007 will be 55 million GT. The bank said that Korean shipbuilders will take new orders at attractive prices because they have…

Hyundai Heavy Industries clinched four PCTCs from Eukor. The 7,900 unit car carriers will be delivered during 2010. Hyundai Samho won a new order for a 1,700TEU container ship from a French…

Shanghai-based China Shipping Development Co. Ltd. (CSD) plans to build six oil tankers worth $307.56 million for delivery in 2009 and 2010 to help expand its ocean shipping business. CSD has signed…

STX Pan Ocean has ordered three MR sized product carriers from STX Shipbuilding at the price of $130 million. The first will be delivered during this year and the other two in…

ICICI Ventures is close to picking up Rs 100 crore stake in Chennai-based mid-sized shipbuilder Tebma Shipping. Tebma, which is a Rs 300 crore company, supplies to the Navy and is the…

India's ABG Shipyard recently delivered a new AHTS vessel, the LAMNALCO MERLIN, to the UAE offshore support services company, Lamnalco Group. This 53 metre long newbuilding is the sixth vessel to be…

A mass meeting of the workforce of Ferguson shipyard at Port Glasgow in Scotland is planned following threats that two thirds of the workers could be made redundant and threatening the survival…

Aker Yards ASA has won a 4 billion nkr vessel deal from newly-formed sister company, Aker Oilfield Services (AOS). The contract involves the construction of four large well intervention/construction vessels, and includes…

Palmali Shipping of Istanbul further cemented their relations with the Russian shipbuilding group MNP when they signed a contract for the construction of ten 6,900 DWT chemical tankers at the Krasnoye Sormovo…

Aker Yards has entered into a contract with DOF ASA for building of two AHTS (anchor handling tug supply) vessels, and an option to build another two vessels. The value of the…

It was a case of out with the very old and in with the very new as FBMA Marine Inc, the Aboitiz Corp owned shipbuilders based in Cebu, Philippines, recently signed a…

The Danish delegation that is currently in Vietnam, witnessed the signing of a memorandum of understanding aimed at concluding a licence agreement between Vinashin and MANB&W for the production of 4-stroke engines…

Western Australia-based Austal Ships has finalized a contract to buy the Margate, Tasmania, shipyard facilities of North West Bay Ships from John Fuglsang Developments Pty. Ltd. and related parties. According to a…