Month: January 2006

South Korean shipbuilders have lowered their targets for orders this year due to slowing market conditions and an expected drop in demand. The nation's top three shipbuilders, Hyundai Heavy Industries, Samsung Heavy…

CSCL in China has ordered four 4,250TEU container ships from Dalian Shipyard for delivery from September 2008 to March 2009. The Chinese carrier is also believed to be negotiating with Samsung for…

Kawasaki Kisen Kaisha ("K" Line) has taken delivery of ?Guangzhou Highway?, a 48,927 gt PCTC with a 5,000 car capacity completed at Nantong COSCO KHI Ship Engineering (NACKS). This is the last…

Bulgaria's Bulyard Shipping Industry (BSI), a unit of the Bulyard consortium, plans to invest 2 million euro in refurbishments and new equipment in 2006. The consortium will use bank loans to finance…

Daewoo Shipbuilding in South Korea secured a 150,900 cbm LNG RV from Exmar N. V. in Belgium at a price of $260 million for delivery in April 2009. The new order also…

GulfMark Offshore, Inc. has exercised an option to build a second Aker PSV09 design vessel. This 4,850 dwt, diesel electric powered platform supply vessel will be built at a Norwegian yard at…

According to a senior official at the Dubai-based business conglomerate, ETA-Ascon, the company plans to enter ship-building activities and is also considering undertaking the management of a government-owned shipyard in India and…

After gaining a foothold in the port business, the Adani Group has decided to enter into shipbuilding and plans to announce a joint venture agreement for shipbuilding soon. Confirming the development, Adani…

JSC Vakaru Laivu Statykla, of Western Shipyard in Klaipeda, Lithuania, recently completed the building of a passenger and car ferry hull. The hull, measuring 106 m long and 17.2 m wide, was…

The growing importance of ROVs is to be recognised by a free half-day seminar ?ROVs: Leading the way into the future? at Oceanology International 2006 (OI2006) and organised by the Remote Systems…