Month: February 2005

There is speculation that the US Navy is moving to have its next-generation DD(X) destroyer built at a single shipyard. Industry sources claim that the Navy wants to see Bath Iron Works…

Kawasaki Kisen Kaisha ("K" Line) has awarded a contract to Samsung Heavy Industries for two 153,200m3 LNG Carriers scheduled for delivery in 3rd and 4th quarter of 2008. These new vessels will…

The UK?s Ministry of Defence has awarded a £30 million contract to the Portsmouth-based VT Group for the construction of a new Offshore Patrol Vessel (OPV). This OPV will patrol waters round…

Hanjin Heavy Industries won an order for four 5,100TEU container ships from a German ship owner for delivery by June 2008. Total contract price is $320 million.

Located at Portland Harbour on the English south coast, what has been declared as the most advanced bunkering facility in the UK commences service on the 10 March, offering shipping an important…

Aker Yards is to build a multifunctional, anchor handling tug supply service vessel, of the type UT-712 L for Farstad Supply AS in Ålesund, Norway. The value of the contract is approximately…

Iridium Satellite LLC, the global supplier of mobile satellite communication services, said that it had more than 114,000 subscribers as of 31 December 2004, a 22.5% increase from 2003.The company's revenue for…

Venezuela?s Foreign Minister has denied rumours that the current negotiations to purchase four oil tankers from Spanish shipbuilder Izar are part of an arms race. He explained that all negotiations conducted with…