Month: May 2007

Camillo Eitzen & Co ASA, part of the Eitzen Group, has signed agreements for long term time charter with purchase option for a total of six 60,000 DWT Supramax bulk carrier newbuildings.…

Hyundai Mipo Dockyard Co., received a $245 million order to build five 51,000 DWT product tankers for a European company. The Korean shipbuilder will deliver the newbuildings by January 2011. The shipyard…

China Shipping Group (CSG), the second biggest oceanic transportation conglomerate in China, plans to build its first shipyard by the end of 2008. This makes it the second time in less than…

Shipbuilding group Aker Yards has signed a contract to build six 3,000 DWT anchor handling towage supply vessels (AHTS) at its new shipyard in Vietnam. The contract with Aker Capital was worth…

Hanjin Shipping in South Korea has ordered five more Post-Panamax 8,600 TEU container ships from Hyundai Heavy Industries to upgrade its current main fleet consisting of four 5,000 TEU ships. Hanjin is…

Singapore-based shipbuilder Jurong Shipyard has won a contract to build an ultra-deepwater semi-submersible rig for the international offshore drilling contractor, SeaDrill. The deal is worth $535.5 million. The semi-submersible rig is scheduled…

Australian-owned tour operator Scenic Tours has completed the formation of its European operations company Scenic Tours Europe AG that will be based in Zug, Switzerland. It is a venture that will mean…

A scaled model of the hull for a new medium-sized passenger-vehicle ferry, designed by Poseidon Marine Consultants Ltd., was tested today in ice at the Institute for Ocean Technology in St. John?s,…

The Republic of Vanuatu, with an established network of offices, deputy commissioners, special agents and inspectors in Asia ? Tokyo, Taiwan, Korea, Singapore, Hong Kong, the Philippines, Indonesia, Malaysia and Thailand --…