Month: August 2006

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…

Thales and French state shipyard DCN are close to a long-awaited agreement on a tie-up and an announcement is likely in October.

Aker Yards ASA has signed contracts worth a combined $96 million with Island Offshore in Ulsteinvik, Norway, to deliver two new oil services vessels. The contracts are for a 78.3 metre UT…

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.…

Bureau Veritas (BV) has joined forces with the growing Vietnam Register (VR)and have agreed to co-operate on the following services:classification/certification surveys of construction, transformation and major repairs of vessels and offshore structures,…

The Saigon Shipbuilding and Maritime Industry Company (Saigon Shipmarin) signed a contract with Japan's Kanematsu Corp. to build two 6,500-tonne general cargo vessels. These are the first vessels that the shipyard, a…

The future of Poland?s shipyards was called into doubt yesterday in a stand-off between Brussels and Warsaw over hundreds of millions of euros of state aid. Neelie Kroes, EU competition commissioner, has…

Hanjin Heavy Industries & Construction Co in South Korea has received an order to build two 3,100 TEU container vessels from A.P. Moeller-Maersk A/S for $124 million. The ships will be delivered…

Eidesvik Offshore ASA has exercised its right with Westcon shipbuilder in ?lensvåg, Norway, to build its third platform supply vessel (PSV) type VS 493 LNG-AVANT. The value of the contract is approximately…

Indian industrialist Pawan Ruia has stepped into the shipping sector with a proposal to set up a shipyard in a 2000-acre area at Jelingham in Haldia at a total cost of Rs…