Month: October 2005

The global fleet of LNG tankers needs to expand by 66% by 2010 to meet current and future demand from exporters including Qatar, Australia and Nigeria, according to LNG Shipping Solutions. About…

National flag carrier Shipping Corporation of India (SCI) will sign a contract with Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) to acquire two 300,000 dwt VLCCs at a cost of $253…

Newfoundland and Labrador in Canada could be the big winner in Ottawa's $1.8 billion plan to replace the navy's aging supply ships, as two of the four consortiums bidding on the project…

Ferry passengers travelling between a group of Indian islands in the Arabian Sea will soon benefit from a new high-speed catamaran passenger ferry service. The service will employ three new vessels designed…

TOTAL Lubmarine has outlined its position concerning increasing raw material costs and growing shortages of marine lubricants.Andrew Knox, Head of Marketing at TOTAL Lubmarine, says, "Recent events, even before Hurricane Katrina, and…

The Pha Rung Shipyard Company, part of the Viet Nam Ship Building Industry Corporation (Vinashin), signed a contract to build five ships for the Forturne Marine Company of South Korea. The contract…

Aker Yards has been awarded a contract worth approximately $47.5 million by NorSkan Offshore Ltda., Brazil, to build an anchor handling tug supply (AHTS) vessel for delivery in April 2007. The shipyard…

Talks have started that could bring an end to a dispute that is halting ship repair work at the former Cammell Laird shipyard at Birkenhead. The owner of the site, Reddington Finance,…

Norway's Eidesvik Offshore ASA group has ordered a second Platform Supply Vessel (PSV) of Vik Sandvik's innovative, superstructure aft AVANT design at a cost of $48.6 million. The new VS493 GASS AVANT…

Hanjin Shipping will construct ship repair joint venture in China. The shipping company said that it will invest $ 2 million to secure 50% share of the joint venture. An unknown shipping…