Month: August 2005

Russia?s Federal Agency for Industry plans to unite all shipyards that build surface navy ships and submarines into two holdings thereby putting state interests above that of the shipyards? private shareholders, Izvestia…

India?s shipping ministry plans to extend the shipbuilding subsidy scheme by another five years to 2012. The ministry is preparing a cabinet note for this purpose saying that it is examining whether…

Two workers were killed and another 12 injured as a result of an incident at Damen's Okean Shipyard in Nikolaev, Ukraine. The incident occurred on one of the vessels under construction when…

Ferguson Marine, the Port Glasgow-based shipbuilder, which last week lost out to a Polish yard in a multi-million pound Scottish Executive shipbuilding deal, reported that the latest accounts for the parent company…

Dubai Drydocks (DD) has been awarded a $25 million contract to convert a VLCC into a floating production storage and offloading (FPSO) vessel. Work on ?Knock Adoon?, a 240,000 DWT oil tanker…

Hyundai Heavy Industries has clinched four 9,700TEU container ships from C. P. Offen at the price of $ 530 million for delivery by 2008. Ship particulars are 350m in length, 42.8m in…

Three shipbuilders have been invited to present revised proposals for Oman's Project Khareef Ocean Patrol Vessel (OPV) programme. Schelde Naval Shipbuilding in Netherland, Daewoo Shipbuilding & Marine Engineering in South Korea and…

Hyundai Mipo Dockyard in South Korea reported that it earned $900 million in turnover for the first half this year compared with 658 million for the same period last year. Its operating…

Fincantieri and Tallink have reached an agreement to build two new generation, high performance, ice-class cruise ferries, one of which is an option. They will be very similar to the two ferries…

A six-month breathing space has been agreed to secure the future of ship repair work at the former Cammell Laird yard in Birkenhead. Site owner Reddington Finance has awarded a licence for…