Month: November 2006

Over 100 ships under construction with a gross tonnage (GT) of more than 2.1 million were commissioned in October with Germanischer Lloyd (GL) class. These include container ships amounting to over 1.7…

Hong-Kong-based bulker owner, Jinhui Shipping and Transportation Limited, has ordered two handymax bulk carriers from Japanese shipbuilder Tsuneishi Heavy Industries at a total cost of $61 million. The 58,000 DWT vessels will…

BC Ferries in Canada has awarded Victoria Shipyards the contract to perform major modification work on the replacement vessel for the ?Queen of the North? which sank earlier this year.In capturing the…

The South Korean shipbuilder Hyundai Heavy Industries (HHI) announced that its third-quarter profit rose 21% reflecting the higher newbuilding prices of oil tankers, cargo ships and LNG carriers. Net income rose to…

Vietnam?s fledgling shipbuilding industry has its sights on going higher. Although it is still some way behind South Korea, Japan and China, DNV management agree that Vietnam will move higher in the…

The Coastal Regulatory Zone Management Authority (CRZMA) has clamped down on the controversial shipyard project at Chicalim, near Goa in India, by ordering the stoppage of work, seizure of material and issuing…

The Dung Quat Shipbuilding Industry Corporation has begun building a 104,000 dwt oil tanker named "Dung Quat 01", the largest of its kind to be built in Vietnam so far. The construction,…

AET Inc Ltd, a subsidiary of Malaysia's national shipping company MISC Berhad, has ordered four 107,500 dwt Aframax tankers from the Japanese shipbuilder Universal Shipbuilding Corp at a cost of $260 million.…

ABG Shipyard in India has entered into a technical collaboration with Friede & Goldman of the U.S. for manufacturing offshore oil rigs at Dahej in Gujarat. The agreement was signed in October…

Aegean Marine Petroleum in Greece signed a newbuilding contract for seven double hull bunkering tankers of 6200 dwt, with Qingdao Hyundai Shipbuilding Co. Ltd. in China. The shipyard is majority owned by…