Month: March 2007

The accident frequency in shipping has decreased over the past few decades. However, although the figures today are half of what they were in the late 80s, this trend is about to…

Last January, STX group made an agreement with Dalian municipal Government to construct a production facility that includes engine crankshaft manufacturing, marine diesel engine manufacturing and a ship block assembly plant. According…

The European Commission said it approved the proposed acquisition of joint control by French defence equipment supplier and naval prime contractor Thales, together with the French state, of French state-owned military shipyard…

Hyundai Mipo Dockyard has clinched six more PCTCs from a European ship owner. Total contract price is $ 327 million and the newbuildings will be delivered by November 2010.

The mammoth Hai Ha project in northern Vietnam, which covers 15,000ha and includes a large deepwater port, economic zones, a steel mill, a thermo-power plant, an oil refinery, a tourism site, new…

Bermuda-based Golden Ocean Group Limited (GOG) has acquired four plus two optional newbuilding contracts at Pipavav Shipyard in India at a cost of $35.5 million each. The 75,000 dwt bulk carriers will…

The Greek shipping company Danaos Corporation has signed shipbuilding contracts for five 6,500 TEU vessels with Hanjin Heavy Industries & Construction Co., Ltd. These containerships are expected to be delivered to Danaos…

Daesun Shipbuilding in South Korea signed a letter of intent on the construction of four 25,000DWT class chemical tankers from a European ship owner. They will be delivered by July 2010. Contract…

Chinese shipbuilders have caught up with their South Korean rivals in new orders received in the first two months of this year, according to an international market researcher. Hyundai Heavy Industries, Samsung…

The first of 72 blocks of the new 122,000 grt passenger cruise vessel "Celebrity Solstice" for Celebrity Cruises was laid at Meyer Werft in Papenburg, Germany. The first block of the new…