Month: February 2007

Knutsen OAS Shipping in Norway has been awarded a long-term time charter with the Spanish energy company Repsol for two LNG new buildings. The two vessels will be delivered from Daewoo Shipbuilding…

Hyundai Heavy Industry?s (HHI) Engine & Machinery Division recently successfully completed operational tests for a side thruster with a capacity of 2,000kW. The side thruster will be installed in a 145,000m3 LNG…

The Singapore-based shipbuilder, Pan-United Marine (PUM), said it expects to increase revenue and improve its operating margin in 2007 thanks to higher-value orders and a 50% jump in vessel deliveries.The company's two…

The Vietnamese government has given the green light for STX Shipbuilding to build a $500 million shipyard covering 300 hectares in the central region. Prime Minister Nguyen Tan Dung had approved ?in…

Korea's shipbuilding industry, ranked top in the world, was overtaken by China's in terms of order volume last January for the first time ever. According to Thursday's report from Clarkson, a market…

Those who take their megayachts to Monaco this summer will have a new place to go if repairs are required. La Ciotat, the new shipyard from Monaco Marine and Semidep is possibly…

The small but successful Disney Cruise Line has ordered two large cruise ships in a move that will more than double its passenger capacity. Disney CEO Bob Iger says the company has…

When Davie shipyard located in Levis, Canada, went into receivership this time last year, the outlook for the old yard was bleak. However, the new Norwegian owner, Teco Management AC, a company…

DNV and Vietnam Register (VR) have recently signed a corporate agreement to strengthen both positions in the growing Vietnam market. The agreement outlines a co-operation in training and work sharing for single…

Dubai Dry Docks recently inaugurated the new extension to its ship repair and shipbuilding facilities. The new extension - the fifth dock - is to be added to the four existing dry…