Month: March 2007

ICICI Ventures is close to picking up Rs 100 crore stake in Chennai-based mid-sized shipbuilder Tebma Shipping. Tebma, which is a Rs 300 crore company, supplies to the Navy and is the…

The Vietnam Shipbuilding Industry Corporation (Vinashin) is reportedly building six ferries to run on the north-south route in Vietnam. The 160 metre ships will be built at an estimated cost of $1.5-2…

India's ABG Shipyard recently delivered a new AHTS vessel, the LAMNALCO MERLIN, to the UAE offshore support services company, Lamnalco Group. This 53 metre long newbuilding is the sixth vessel to be…

A mass meeting of the workforce of Ferguson shipyard at Port Glasgow in Scotland is planned following threats that two thirds of the workers could be made redundant and threatening the survival…

Aker Yards ASA has won a 4 billion nkr vessel deal from newly-formed sister company, Aker Oilfield Services (AOS). The contract involves the construction of four large well intervention/construction vessels, and includes…

Palmali Shipping of Istanbul further cemented their relations with the Russian shipbuilding group MNP when they signed a contract for the construction of ten 6,900 DWT chemical tankers at the Krasnoye Sormovo…

Aker Yards has entered into a contract with DOF ASA for building of two AHTS (anchor handling tug supply) vessels, and an option to build another two vessels. The value of the…

STX Pan Ocean has ordered three MR sized product carriers from STX Shipbuilding at the price of $130 million. The first will be delivered during this year and the other two in…

Aker, Aker Kv?rner, and Aker Yards have joined forces to establish the company Aker Innovation. By exploiting the industrial and financial expertise of its three owners, Aker Innovation will identify new industrial…

Lifeboat and davit manufacturer Schat-Harding and other leading manufacturers say that Germanischer Lloyd is showing its IACS colleagues a sensible lead in the way it will apply the service provisions set out…