Month: November 2005

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…

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…

Officials have signed off on a plan for the US Navy to begin detailed design and procurement for materials to build eight new generation destroyers. Kenneth Kreig, the Under Secretary of Defense…

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…

Prosafe ASA's wholly-owned unit Prosafe Production Services Pte Ltd has won a $178m contract from New Zealand Overseas Petroleum Ltd. The New Zealand company will lease a Flotation Production Storage and Offloading…

Daehan Shipbuilding in South Korea will start the construction of a 29.97 acres new shipbuilding facility in Haenam and the development will consist of two stages. The first stage will cost W…

Aker Yards and Viking Line have signed a letter of intent for delivering a passenger ferry in January 2008. The contract value is within the range EUR 110-130 million.The agreement includes options…

The net profit of the Arab Shipbuilding and Repair Yard Company (Asry) is expected to reach $6.4 million this year while the net operating income is projected to reach $106m, compared with…

Martek Marine Ltd (UK) have secured the world¹s first contract for supply ofNOx/SOx/CO2 emissions monitoring systems for a series of new LNG carriers under construction at DSME in South Korea. The vessels…

Bermuda has signed a contract for the construction of a 350-passenger high speed ferry for a new Hamilton to St. George's route. The 38.15 metre-long vessel, which is being built by Derecktor…