Month: March 2005

Daesun Shipbuilding in South Korea has won an order for two landing platform docks from Indonesian Navy. Total contract price is $58.7 million and both vessels will be delivered by August 2007.

Maple LNG Transport, a joint venture owned equally by MOL and Hiroshima Gas, has ordered a 19,100 cubic metre LNG carrier from Kawasaki Shipbuilding, and signed a 20 year charter contract with…

South Korea claims that the World Trade Organization (WTO) decision calling on Seoul to end shipbuilding subsidies within three months represents a victory in its long-running shipbuilding dispute with the European Union.…

Aker Ostsee in Germany, a part of Aker Yards, has been awarded contracts to build two container vessels of the type Aker CS 2700 for Reederei F. Laeisz GmbH in Rostock (Germany).…

China Ocean Shipping (COSCO) and Anshan Iron and Steel Company (AISC) have become strategic partners to minimise the effects of iron ore price hikes. Under the joint venture agreement, COSCO will provide…

Korean shipbuilders will maintain their No. 1 position in the world until 2015 with a market share of over 40% in terms of completion volume, according to an announcement by Korea Shipbuilder?s…

Color Line AS and Aker Yards have signed a letter of intent (LOI) for the order of a second ship, a sister vessel to ?Color Fantasy?, the world's largest cruise ship with…

Lauritzen Kosan, the gas arm of Danish shipowner J. Lauritzen A/S, has signed a newbuilding contract for a series of four semi-pressurised gas carriers with ethylene capacity at INP Heavy Industries in…

Royal Caribbean Cruises (RCCL) and Aker Yards have signed a LoI for the order of a third ship in the Freedom class, the world's largest cruise ship. The contract value is at…

VT Halter Marine has delivered its largest newbuilding, the pure car and truck carrier Jean Anne, to its owners Pasha Hawaii Transport Lines. The 178 metre long vessel has a capacity of…