Month: January 2006

France has agreed to pay Britain as much as £140m to develop and construct an aircraft carrier based on the design of those being built for the Royal Navy. It is the…

STX Shipbuilding in South Korea launched a 51,000DWT product carrier for an Italian owner which was built using the skid launching system (SLS). Shipbuilding period of the product carrier was reduced from…

The struggling Hindustan Shipyard Ltd. (HSL), the oldest shipyard in the public sector in India, expects to make a turnaround by 2010. Rear Admiral (retired) Ajit Tewari said, "To my knowledge, there…

SBM Offshore has signed an agreement with Exxon Mobil affiliate Esso Exploration Angola (Block 15) Limited in which SBM will proceed with project development activities for two FPSOs for the Kizomba C…

Vacon's factory in Suzhou, China, has moved to larger premises. Vacon has been operating in Beijing, China, since the year 2000. In 2004, Vacon founded a factory in Suzhou, and the first…

A broad coalition of shipping industry organisations has brought legal proceedings to test the validity of the EU Directive on Criminal Sanctions for Ship-Source Pollution.INTERTANKO, together with INTERCARGO, the Greek Shipping Cooperation…

The IMO and the non-governmental industry organization Interferry have signed a Memorandum of Understanding (MoU) formalizing the two organizations? intent to work together towards enhancing the safety of non-Convention ferries by collaborating,…

France is reportedly on a collision course with the UK over a £100m demand for access to the UK?s aircraft carrier programme. The issue is expected to dominate the forthcoming meeting between…

Russian defence minister Sergei Ivanov has announced that construction of the nuclear-powered icebreaker ?50 Let Pobedy? will be completed this year. "I hope that the nuclear icebreaker ?50 Let Pobedy? will be…

Norwegian oil rig firm SeaDrill has declared its option to build a second semi-submersible ultra deepwater drilling rig with Daewoo Shipbuilding in Korea. The rig is of the design GVA-7500-N and is…