Month: May 2005

Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering, are poised to win contracts worth almost $1bn to build 10 oil tankers for Iran. National Iranian Oil Tanker Co (NITC) will award…

Samsung Heavy Industries said it is expanding production of ship parts in China by 67% to reduce its labour costs and lessen the impact of steel price increases. The Korean shipbuilder has…

Lloyd?s Register Asia has completed the first safety case in Korea for dual-fuel electric propulsion in association with Daewoo Shipbuilding (DSME) and Wärtsilä. The system is for the new large LNG tanker…

Malaysia Marine and Heavy Engineering (MMHE), formerly known as Malaysia Shipyard Engineering (MSE), is set to become Malaysia?s deep-water hub. MMHE will be focusing on expanding its marine and heavy engineering business…

Aker Yards has been awarded a contract worth approximately $127 million by Island Offshore to build two anchor handling tug supply (AHTS) vessels of the new Rolls Royce Marine?s UT 787 design.…

Industry throughout Australia has the opportunity to work with the Austal-Raytheon Amphibious Ships Team, which in August 2004 announced its intention to bid for the Australian Defence Force?s $1.55 billion Amphibious Ships…

Mitsui Engineering and Shipyard in Japan achieved an all-time record high engine production at its Tamano Work last year. The factory produced 177 engines with a combined output of 3.48 million bhp…

Damen Shipyards Gorinchem has been awarded a contract to construct a 41 metre aluminium monohull fast ferry for the Danish operator, Christians?farten A/S, based on the island of Bornholm.The new ferry will…

US oil major ChevronTexaco Corp. has ordered two LNG carriers from South Korea's Samsung Heavy Industries to support the planned growth in the company's LNG business. Each newbuilding will have a 154,800…

China's shipbuilding industry is expected to exceed ten million tonnes this year, which will account for 18% of the world?s newbuilding market compared with 15% last year. General Manager of the China…