Month: July 2006

The Hong Kong-based Titan Petrochemicals Group has entered a contract for the purchase of up to ten 6,500 dwt double hulled bunker barges, at $8.67 million each, as part of its plan…

Daewoo Shipbuilding in South Korea has clinched orders valued at $1.84 billion comprising of a semi-submersible drilling rig, a drillship, a LNG carrier and four 4,800TEU container ships.Pertoserv S.A. in Brasil ordered…

Vietnam aims to be number fourThe Vietnam Shipbuilding Industry Group (Vinashin Group) will exert an all-out effort to make the country the world's fourth largest shipbuilder by 2015. President and CEO of…

Samsung Heavy Industries clinched two more 4,300TEU container ships from Itochu in Japan. The new order is option declaration and will be delivered during 2009. Hyundai Heavy Industries secured two contract for…

BC Ferries in Canada has signed a $45.5 million contract with Vancouver Shipyards, a Washington Marine Group company, to build a new 125-car intermediate size ferry. Construction on the 100 metre vessel…

Great Eastern Shipping Company (GE Shipping), India?s largest private sector shipping firm, has ordered two 74,500 dwt LR1 Product tankers from STX Shipbuilding in Korea. GE Shipping is modernising and diversifying its…

Hong Kong-based Seaspan Corporation exercised its option to build four 2500 TEU vessels at Jiangsu Yangzijiang Shipbuilding (YZJ), one of the largest private shipyards in China. This option was part of the…

Kristen Navigation Inc., Greece's biggest owner of oil tankers, ordered three tankers from South Korea's Hyundai Heavy Industries for about $234 million. The three 159,000 dwt ships are due to be delivered…

Adding to its stealth capabilities, the Indian Navy is on the verge of ordering three more 4,000 tonne Talwar-class frigates from Russia in a deal that could cost upwards of $650 million.…

The Dutch heavy lift ship operator, Jumbo, exercised an option for the fourth 1,800 tonne lift capacity J-class vessel with Damen Shipyards in Romania. The first two J-class vessels, the 1,600 tonne…