Month: December 2006

Australia's warships should be built locally even if it costs more, a Senate committee has recommended. In its report on Australia's naval shipbuilding sector, the Senate foreign affairs defence and trade committee…

One of Sarawak's most prominent shipyards, Yong Choo Kui (YCK) Shipyard is now ready to take more specialised orders from the oil and gas industry from around the world. Executive director Daniel…

Bergesen dy ASA, one of the largest shipping companies in the world, has chosen UK engineering company Peter Brotherhood to supply two steam turbine driven alternator sets for a floating production, storage…

Hyundai Samho Heavy Industries has clinched four tankers and two VLCCs at the value of $586 million. Four tankers are ordered from a ship owner in Latin America with delivery of July…

Lamprell Shipyard in Port Khalid, UAE, has been awarded a $5.1 million fabrication contract by Aker Floating Production (Aker FP) to build the topside modules for the Smart 1 FPSO vessel, to…

Bermuda-based Golden Ocean Group Limited has ordered four Capesize 170,000DWT bulk carriers from Daehan Shipbuilding in South Korea at a cost of $72.25 million each. The newbuildings will be delivered between May…

Tsakos Shipping and Trading SA, a subsidiary of Athens-based Tsakos Group, has reportedly said that it has ordered six ships from Sino Pacific Heavy Industries Group's Zhejiang Shipyard for about $210 million.…

The European Commission has approved under EC Treaty state aid rules regional investment aid of ?4.2 million to the German shipyard Volkswerft Stralsund. After an in-depth investigation initiated in February 2006, the…

The Middle East will require 130 floating production systems over the next five years spurring huge growth in regional shipyards and offshore repair facilities, according to a leading industry expert. Addressing the…