Month: March 2006

Babcock International will defend itself with a robust trading statement this week as directors face up to the probability that they could be involved in a fierce take-over battle. Already BAE Systems…

Hyundai Heavy Industries has started to use its new shipbuilding block factory in Ulsan, which will supply 86,000 tonnes of blocks for ships this year. The 347,500 m2 plant is equipped to…

The Mumbai based Great Eastern Shipping Company (GE) recently took delivery of a newly built OSV named Malaviya Twenty Five from the Indian shipbuilder Bharati Shipyard Ltd.Bharati Shipyard has also won an…

Daewoo Shipbuilding & Marine Engineering (DSME) has delivered the first three vessels built at its Romanian shipyard Daewoo Mangalia. These 69,180 dwt crude oil tankers are the largest-ever built in the Black…

Gail (India) Ltd has received response from eight national and international firms/consortiums for the expression of interest (EoI) invited by it for transportation of compressed natural gas (CNG) from Myanmar. The company…

Farstad Shipping ASA in Ålesund, through its subsidiary Farstad Supply AS, has signed a contract with Aker Yards to build two platform supply vessels at a total cost of $87 million. The…

The British Columbia government in Canada has approved funding for three replacement ferries on its north coast routes. This announcement was made on the same day Premier Gordon Campbell flew up to…

Hyundai Heavy Industries has won an order for four VLCCs at the price of $480 million from a European ship owner. They will be delivered by June 2009.

Cruises? ?Star Princess? recently arrived at the Grand Bahama Shipyard where an examination will be carried out to assess the extent of the fire damage sustained to some 150 cabins. The fire…

NYK Lines of Japan plans to invest $200 million over the next five years on a number of shipping and logistics projects in Viet Nam in a bid to tap what it…