Month: February 2008

Singapore Technologies Engineering Ltd (ST Engineering) announced that its marine arm, Singapore Technologies Marine Ltd (ST Marine), has secured an S$28m contract from Norway-based Waveship AS, a subsidiary of Wavefield-Inseis ASA (Wavefield),…

Odfjell's 49% owned joint venture company Odfjell Dong Zhan Shipping (Shanghai) Co. Ltd, has signed a contract for the building of an 8,200 dwt chemical tanker. The ship is a fully coated…

Dung Quat Shipbuilding Company, part of the Vinashin group, recently began the building of the first of three 105,000 dwt oil tankers for PetroVietnam Transportation Company (PV Trans). It is the largest…

Jan De Nul Group has placed an order with Tianjin Xinhe Shipbuilding and Heavy Industry in China for the construction of two 3,400m³ hopper dredgers. In addition, the company has agreed an…

Wilh. Wilhelmsen (WW) and Wallenius Lines (OW) have placed orders with Hyundai Heavy Industries to build four new large car and truck carriers (LCTC). In addition, both shipowners have also ordered four…

Singapore-listed Cosco, majority-owned by China Ocean Shipping (Group) Co, said its 2007 net profit climbed to S$336.6 million ($239 million), from S$205.4 million a year ago, a 64 % increase.The company said…

In 2004 Odfjell placed contracts with the large Russian Sevmash shipyard, located near Archangelsk, for up to twelve 45,000 dwt IMO type II coated product/chemical carriers.The initial fixed total contract price for…

China's Sinopacific Group subsidiary Zhejiang Shipyard has signed a contract with French shipowner Bourbon for the construction of 10 offshore vessels, for delivery during 2010 and 2012. The vessels will each be…

A Korean company Might&Main has shown interest in buying two Croatian shipyards in the northern Adriatic. The company has sent its representatives to request additional information on the state-owned 3. Maj shipyard…

Aker Yards has been awarded a contract by Royal Arctic Line A/S in Nuuk (Greenland) to build two ice-strengthened container ships for arctic operation. The contract confirms Aker Yards' position as the…