Month: October 2006

Aker Yards has entered into a contract with Farstad Shipping ASA to build four AHTS vessels with a value of approx $321 million. The multifunctional deep water anchor handling tug supply service…

Sembawang Shipyard, a wholly-owned subsidiary of SembCorp Marine in Singapore and one of the largest integrated ship repair and conversion facilities in Southeast Asia, has secured a $19 million contract from Neptune…

Polar Tankers, Inc., a wholly owned subsidiary of ConocoPhillips, has christened the 142,000 DWT ?Polar Enterprise?, the company?s newest double-hulled crude oil tanker. Classed by ABS, Polar Enterprise is the fifth and…

Kleven Verft in Ulsteinvik, Norway, has, in cooperation with its associated company Myklebust Verft, signed contracts with Siem Offshore Inc in Kristiansand, Norway, for the building and delivery of six large and…

Ferguson Marine, the last independent commercial shipbuilder on the Clyde, revealed it had plunged deeper into the red with its third year of hefty losses. Although the yard continues to struggle against…

Samsung Heavy Industries has clinched a $637 million drillship from a European-based owner for delivery June 2009.

Be safe and save time! These are the fundamental goals of the PROTOS database by Germanischer Lloyd. Now online, PROTOS ("Provisions for Transportation of Solid Bulk Cargoes") allows shipping companies, chartering companies…

The US Coast Guard (USCG) wants to build a total of 58 FRCs (fast response cutters) which are urgently needed to replace worn-out 34 metre cutters now in service. A previous plan…

Hong Kong based Orient Overseas (International), owner of the eighth- largest Asian container shipping line, placed a $477 million order for four vessels with Samsung Heavy Industries to expand its fleet. The…

The European Commission said it has extended its state aid rules for shipbuilding until the end of 2008. Current measures expire at the end of this year and the EU Competition Commissioner,…