Month: December 2005

A fleet of new ships built for British Gas and other companies to meet Britain's growing energy needs by bringing in LNG from abroad has been hit by leaks and safety scares.…

Universal Shipbuilding in Japan won a 200,000DWT bulk carrier from Star Bulk Carrier for delivery during second half of 2010.The newbuilding will be deployed on the transpacific route for Sumitomo Metal Industries.

South Korea aims to sell a controlling stake in Daewoo Shipbuilding and Marine Engineering, currently valued at 2.5 trillion won ($2.5 billion), in the second half of 2006. State-run Korea Development Bank…

Korean shipbuilders will maintain their lead in terms of orders this year, outpacing Japanese rivals for the third year running. Market researcher Clarkson Research Studies said that Korea's total amount of ship…

Most vessels in Vietnam?s shipping fleet have been rated as weak and obsolete in terms of both transport capacity and technology, according to the Vietnam Shipowners Association and the Government Decree 14/CP…

The hulls for two Aker Kvaerner designed H6e semi-submersible drilling rigs, designed for deep sea drilling in harsh environment and arctic conditions, is to be built by Dubai Drydocks. The Contract includes…

Norsk Hydro has informed Farstad Shipping ASA that they will enter into a 5 year contract (with a 3 x 1 year option) for a large platform supply vessel. The contract will…

Tamba Kisen in Japan ordered a 10,000 cbm ethylene carrier from INP Heavy Industries. This shipbuilder now has clinched a total three 10,000 cbm ethylene carriers from Japanese ship owners.