Month: April 2005

Balenciaga shipyard in Zumaya, Spain, has launched the ?Grampian Commander?, the first of four vessels destined for the Scottish port of Aberdeen, where they are to be operated by North Star Shipping.…

Dubai-based Gulf Energy Maritime (GEM) has taken delivery of the first of four 65,000DWT ddouble hull Panamax tankers it has on order from Korean shipbuilder, Hyundai Heavy Industries, three months ahead of…

Daewoo Shipbuilding & Marine Engineering (DSME) may report losses for the first quarter after steel costs rose dramatically. DSME is expected to report a net loss of $27 million, according to financial…

Keppel Kazakhstan, a unit of Keppel Corporation Limited through Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract estimated at $150 million from Agip Kazakhstan North Caspian Operating Company (Agip…

The Malaysian shipbuilder NGV Tech Sdn Bhd is finalising contracts worth $31.6 million to build two fast aluminium boats for an Indonesian client and three logistics (steel hull and aluminium superstructure) vessels…

Over 2.26 million dwt of vessels were repaired by the Arab Shipbuilding and Repair Yard (Asry) during the first three months of the year with all indications that the trend will continue,…

Wartsila Group has identified India as a major base for sourcing components and parts for its global needs. "The group is looking at sourcing parts from India, in addition to sourcing trained…

Norwegian shipbuilding industry is recovering from last year's slump, but Norwegian workers who were laid off are not being re-hired. Instead, the yards are employing cheaper labour from Poland according to local…

Experts in China have called on the government to support the expansion of a domestic tanker fleet to cater for burgeoning oil imports. As China becomes a large net oil importer, experts…

Aker Ostsee in Germany, a subsidiary of Aker Yards, has been awarded a contract to build four container vessels for Reederei Gebr. Winter GmbH in Hamburg, Germany. The vessels are of the…