Month: April 2006

Aker Yards ASA reported an EBITDA of NOK 357 million for the first quarter of 2006, an increase of 125% compared with the first quarter of 2005. The order intake in the…

Shipbuilding contracts secured by Korean shipyards in the first quarter accounted for more than half of the entire orders received worldwide. According to London-based ship broker Clarkson, Korean shipbuilders won more than…

Donbas, a Ukrainian steel producer, is considering investing in the Polish shipyard of Stocznia Gdynia (SG). Their proposition is expected next week and SG needs $96 million in capital. Donbas has long…

Dalian Shipyard has clinched orders for seven tankers. The shipbuilder has won new order of three 76,000DWT product carriers and four 298,000DWT VLCCs. Delivery of the seven ships will be made during…

Five major European naval shipbuilders have formed a club to promote synergies in materials procurement as part of broader efforts to reduce costs. The companies, BAE Systems, DCN, Fincantieri, Navantia and VT…

Vinashin?s subsidiary, Nam Trieu Shipbuilding Industry, last Friday signed a contract to build two 56,200-DWT bulk carriers for Japan?s Itochu Co. Nam Trieu expects to complete the first ship in December 2008…

Woodside Petroleum Ltd., Australia's second-largest oil and gas producer, plans to order as many as 18 LNG tankers to supply gas to markets including the USA. Woodside, 34% owned by Royal Dutch…

One of the world?s largest and strongest classification and certification company, Bureau Veritas, grew strongly again during 2005. In its tenth consecutive year of growth, BV increased turnover to Euro 1,647m (US$…