Month: August 2006

India?s fourth largest private sector shipowner, Varun Shipping Co, plans to raise $536 million in an effort to expand business, mostly in the carriage of liquefied natural gas.Varun, a leading player in…

Venezuelan President Hugo Chavez will travel to China later this month to strengthen energy ties between the two countries, and is expected to sign contracts worth more than $1 billion. Chavez will…

Coastal Contracts Bhd in Sabah, Malaysia, will focus on building oil and gas (O&G) logistics vessels to capitalise on the current high crude oil prices and increase in O&G exploration as well…

PT ASL Shipyard Indonesia, a subsidiary of Singapore-based ASL Marine Holdings Ltd, has commissioned the 150,000 dwt graving dry dock at its shipyard in Batam, Indonesia. The new dry dock, measuring 260m…

KY Heavy Industries in South Korea delivered first ship of 13,000DWT chemical tanker to the Greek Unibros Shipping Corp which ordered three ships at a total value of $55 million. Ship particulars…

The first of two Con-Ro vessels for the Belgium customer Cobelfret was launched at Flensburger Schiffbau in Flensburg, Germany. Delivery is planned for November 2006. The new vessel will be named after…

Korean representatives will arrive in Baku to hold talks on the creation of a new shipbuilding and ship-repair facilities in Azerbaijan. It is expected that talks on this project will also be…

Swissco Offshore in Singapore has ordered a multi-purpose offshore support vessel from a Chinese shipyard in Guangzhou. The 55metre vessel, to be delivered in the first half of 2008, will be the…

Seaspan placed an order for five 5,100TEU container ships with Hyundai Heavy Industries for delivery during 2009.

The Odense Steel Shipyard recently delivered its latest newbuilding, an 11,000 TEU container vessel, to the A.P. Moller ? Maersk Group. Named ?Emma M?rsk?, the world?s largest container vessel she will set…