Month: January 2006

Hyundai Heavy Industries (HHI) has reached a preliminary agreement to buy a stake in China's Qinhuangdao Shouqin Metal Materials. Qinhuangdao Shouqin is a steel making unit jointly owned by China's Shougang Concord…

Sembawang Shipyard, a wholly-owned subsidiary of SembCorp Marine, has secured a S$88 million ($53.4 million) contract from Bergesen Worldwide Offshore to convert the VLCC ?BW Enterprise? to an FPSO.Bergesen Worldwide Offshore, a…

Aker Yards and Alstom marine have announced their intention to join forces in shipbuilding and create together one of the world leaders in this industry focusing on high value added ships, especially…

Daewoo Shipbuilding and Marine Engineering in South Korea is aiming to win $10 billion worth of orders in 2006, up 47 % from $6.8 billion in 2005.It also expects to win a…

Damen Shipyards Gorinchem has been awarded a contract from the Swedish Coastguard in Karlskrona to construct two 80 metre multi purpose vessels. The contract covers design, engineering and construction of two vessels…

Keppel Singmarine has clinched three newbuilding contracts worth a total of $72.3 million. The first contract involves the construction of four anchor handling tug/supply (AHTS) vessels at its Keppel Nantong Shipyard, northwest…

Bohai Shipbuilding Heavy Industries won orders for four 300,000DWT VLCCs, four 3,500 cbm LPG carriers and eight 46,000DWT product carriers from Nanjing Tanker Corporation of Changjian Shipping Group. Total contract price is…

Stena has placed an order for up to four new ropax vessels with the BaltiyskyZavod yard in St Petersburg, Russia. The Russian yard is already building the hulls for two similar ropax…

Hyundai Heavy Industries (HHI) marked a world record of 890,000 bhp for large size marine engines for one month by completing a test run of the final marine engine on the 27th…

China's first LNG carrier was recently launched at the Hudong-Zhonghua shipyard in Shanghai and is scheduled for delivery in October 2007. The LNG ship is regarded a high-tech product with high-added value…