Month: March 2006

Singapore-based Ezra Holdings has earmarked $240 million to increase its fleet over the next two years in hopes of cashing in on strong demand for offshore support services in the oil and…

China Shipping Development Co. (CSD), a subsidiary of China Shipping Group, will be placing an order estimated at $748 million for eight VLCCs with Dalian New Ship Heavy Industry shipyard. Another order…

Aker Yards has entered into a contract with GEO ASA for the building of a ROV support vessel at a cost of $60 million. The vessel will be built by Aker Yards…

Overseas Shipholding Group (OSG) based in New York will build four 114,000 dwt Aframax tankers at the New Times Shipbuilding yard in Jinjiang, China. The vessels, scheduled for delivery in 2008 and…

The Dutch shipbuilder Damen Shipyards Gorinchem has secured a contract to build five 42 metre catamaran passenger ferries from the Istanbul Metropolitan Municipality, on behalf of operator Istanbul Deniz Otobusu (IDO). The…

The former shipbuilding yard at Krimpen a/d Ijssel near Rotterdam, Holland, which was closed three years ago when Van der Giessen-De Noord went into receivership, could be reactivated to provide much needed…

Hanjin Shipping will, this Friday, sign a $256.4 million contract with Samsung Heavy Industries (SHI) to build four additional 4,275TEU containerships. They will be of the same capacity and type as the…

Having arrived at the Grand Bahama shipyard in Freeport for temporary repairs to its 150 fire damaged cabins, the ?Star Princess? will set sail later this week for the Lloyd Werft shipyard…

Myklebust Verft in Gursken, Norway has entered into a contract with Rem?y Management, Norway, for the delivery of a coastguard vessel, with an option for one additional unit. The vessel is a…

Mitsui OSK Lines (MOL) announced a restructuring of the company?s ship management system to enhance the company?s safety program in the light of its plan to expand its fleet from about 700…