Month: May 2005

Daewoo Shipbuilding will build a hull block factory in Yantai, China, which will be operational from 2007. It will have a capacity to produce 50,000 tonnes in 2007 and 300,000 tonnes from…

The third frigate of Shivalik Class incorporating stealth features, built by Mazagon Dock Limited (MDL) will be launched here on May 27. The two previous frigates of Shivalik Class, also built by…

BP's two new double-hulled Alaska Class oil tankers are out of service following discovery of cracks in the rudders of both vessels. A spokesman for Alaska Tanker Co., which operates the ships,…

Shanghai-based Jiangnan Shipyard will start construction of a new shipyard on the city's Changxing Island early next month, when the company will be celebrating its 140th anniversary. When completed, the new Jiangnan…

Hudong Zhonghua Shipbuilding has won an order for two 75,000DWT bulk carrier from a Greek ship owner for delivery in September and December 2008. Guangzhou Wenchong Shipyard secured two 1,400TEU container ships…

Daewoo Shipbuilding clinched three 318,000DWT VLCCs from National Iranian Tanker Co at the price of $128 million each with delivery scheduled by October 2009. This is the highest VLCC price achieved for…

Bulgarian shipping company Navigation Maritime Bulgare (NMB) and the new shipbuilding consortium Bulyard signed a contract to build three ships at a total cost of EUR 58 million. The three newbuildings are…

A Chinese Joint Venture company consisting of Shanghaiguan Shipyard in Hebei, Hebei Cosco, Hebei Construction and an unknown steel holding company, has set up Shanhaiguan Shipbuilding Heavy Industries with a capital investment…

Daewoo Shipbuilding will be sourcing its supplies of ultra low temperature valves for LNG carrier from compatriot company Seoheung Metal. Previously, the Korean shipbuilders obtained all its ultra low temperature valves from…

Hyundai Heavy Industries has secured an order for eight tankers from NITC (National Iranian Tanker Company). The contract consists of four 317,000DWT VLCCs and four 164,000DWT Suezmax tankers. Hyundai H.I. will build…