Month: October 2007

Able UK has finally won planning permission to develop a controversial facility to dismantle and recycle unwanted ships at its yard near Seaton Carew, Teesside in the UK.Peter Stephenson, the firm's chief…

Aker Yards has signed a contract with Tide Sj?ø AS for three ferries dedicated to operate the link between Oslo and the peninsula of Nesodden. The ferries will be built in France…

Havyard Group in Norway has confirmed that Shipping Corporation of India (SCI) has selected Bharati Shipyard Ltd to build four new anchor handlers based on the Havyard 841 AHTS design.???When the SCI…

A letter of intent is signed on the contemplated acquisition of a majority stake by the Ulstein Group in Netherlands based Sea of Solutions. The deal is, amongst others, subject to a…

Following a European bid tender, Bourbon, the French offshore fleet operator, has placed an order for two high-tech Multi Purpose Supply Vessels (MPSV) from Socarenam, the French shipyard based in Boulogne-sur-Mer. Delivery…

Britain's BAE Systems (BAE) and VT Group (VT) won permission from the European Commission to merge their shipbuilding operations, according to a Reuters report. BAE will hold 55% and VT the remainder,…

VT Shipbuilding???s facility in Portsmouth Naval Base, UK, has officially started manufacture of the UK???s first naval shipbuilding export order for nearly ten years. Rear Admiral Salim of the Royal Navy of…

The Cosco Shipyard Group in China has secured an order to build 29 bulk carriers worth 1.34 billion US dollars. The latest orders put Cosco's current order book at $6.4 billion, $6.2…

In Finland, the Union of Salaried Employees (TU) began a strike yesterday. The first stage of the strike is affecting seven large enterprises in the mechanical engineering and metal products industry in…

South Korea???s shipbuilder STX is ready to launch a project to be realized jointly with Azerbaijan Investment Company (AIC) to construct a shipyard near Baku on the Caspian Sea in Azerbaijan. Anar…