Month: March 2007

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…

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…

Following a contract in the summer of 2006, Qatar Shipping Co. has just taken delivery of the new pilot boat 'SHAQRA'. The pilot boat is of the standard Damen Fast Crew Supplier…

Sunseeker International Limited in Poole, England, has agreed outline terms with US-based Luhrs Marine for the purchase of its Legend Yacht manufacturing facilities at Osprey Quay, Portland on the UK's South Coast.…

THE Liberian Registry has successfully undergone a voluntary audit under the International Maritime Organisation?s recently adopted Member State Audit Scheme. Liberia, the largest flag to have thus far carried out the audit,…

The U.S. Coast Guard (USCG) has canceled a $600 million contract awarded to a joint venture of Lockheed Martin Corp. and Northrop Grumman Corp., and said it plans to award a new…

Based on a comprehensive review of the Littoral Combat Ship (LCS) acquisition program, Secretary of the Navy Donald C. Winter said he is prepared to lift a previously issued stop work order…

COSCO Corporation (Singapore) reports that its 51%-owned subsidiary, COSCO Shipyard Group, has secured a contract from Sevan Drilling Pte Ltd, a subsidiary of Oslo-Sevan Marine ASA, to build a Sevan drilling unit,…

The Sarawak Timber Industry Development Corporation (STIDC) in Borneo hopes to obtain another 49 hectares of land to facilitate the shipbuilding industry in the new township of Tanjung Manis in Sarikei. Minister…

Cebu's shipbuilding industry has attracted two Singaporean firms which are planning to invest about $400 million in the fast-growing industry, a Maritime Industry Authority (Marina) official said.Marina Administrator Vicente Suazo said he…