Month: August 2006

Dolphin Offshore Enterprise (DOE) in Mumbai, India, is in negotiations with three Gujarat-based companies to acquire a shipyard. DOE is having discussion with Gujarat government owned Alcock Ashdown besides two privately held…

Northrop Grumman has received orders to supply bridge navigation and communication electronics for a new offshore fisheries patrol vessel under construction for the Scottish Fisheries Protection Agency (SFPA). The equipment, to be…

Korea Development Bank (KDB), a top shareholder in Daewoo Shipbuilding and Marine Engineering DSME), will announce in early 2007 a plan to sell the world's No. 2 shipbuilder, the bank's governor said…

KEM and Zlomrex, which deal in steel and scrap trade, have expressed an interest in investing capital in, respectively, Gdanska and Szczecinska Nowa shipyards. They are the latest in a growing number…

Norway's Teco Management has failed to meet the conditions for the purchase of the struggling Davie Industries shipyard in Canada and the trustees behind the facility say it will be liquidated. Thibault…

Canadian Shipbuilding & Engineering Ltd. (CSE) will seek government money, cut labour costs and restructure before resorting to a sales process if necessary, the monitor overseeing its bankruptcy protection said in court…

The United Arab Shipping Company (UASC) has signed a contract with South Korea's Hyundai Heavy Industries Company Limited (HHI) to build eight 6,500 TEU container ships at a cost of $835 million.…