Month: November 2005

Suez LNG Trading SA of France has signed a 20-year contract with three Japanese firms for the transport of LNG from Yemen to the US and Europe. Under the contract, Mitsui OSK…

Construction of a shipyard project, believed to be the largest of its kind in China, commenced recently at Haixiwan Bay in Qingdao, a port in east China's Shandong province. Covering an area…

Transocean Inc has entered into an agreement with Chevron Corp for the upgrade of one of Transocean's Sedco 700-series semi submersible rigs. Under the terms of the drilling contract, Chevron will contract…

Hanjin Shipping will double its container fleet by 2010. To achieve the goal, Hanjin will place a new order for five 10,000TEU container ships next year for delivered in 2009. The timing…

Construction began a few days ago on the Thinh Long shipyard in the northern province of Nam Dinh in Vietnam. The new facility will form part of the Hoang Anh Shipbuilding Joint…

Gdynia shipyard recently submitted to the Polish Treasury, a proposal to sell Stocznia Gdynia.Meanwhile, the Polish government will prepare a list of measures necessary to implement the splitting up of the two…

Hyundai has delivered three 100,000 DWT oil tankers for Sakhalin-1 Oil and Gas Project costing $150m. The tankers were ordered by Sovcomflot, Russia?s largest shipping company, and were designed and built specifically…

The European Union threatened to ban about 200 cargo ships from its waters to prevent accidents such as the sinking of an oil tanker off the Spanish coast three years ago. The…

Mitsubishi Heavy Industries in Japan clinches a 145,400 cbm moss type LNG carrier from Cygnus LNG Shipping, a joint venture of Nippon Yusen Kaisha (NYK Line) together with the Tokyo Electric Power…

The Malaysian shipbuilder NGV Tech Sdn Bhd plans to expand its shipyard in Sijangkang to cope with the increasing demand for newbuildings. The Sijangkang yard which has the capability to build mainly…