Month: February 2008

Dongkuk Steel Mill Co, which sells 30 % of steel used by South Korea's shipbuilders, raised the price of heavy plates by 13 % as yards face record orders for vessels. The…

The Qatar shipping company Nakilat has awarded a major contract to Hyundai Samho Heavy Industries Company Limited and Hyundai Corporation (acting collectively as the contractor) for ten jib cranes. The contract, which…

As of the end of December 2007, Chinese shipbuilders? orders-in-hand had totaled 158.89 million dwt, rising by 131% year-on-year, according to statistics released by the Shipping Industry Administrative Office of the Commission…

Singapore-based ASL Marine Holdings Ltd. posted 23.7% increase in revenue to S$193.4 million ($136.7 million) on the back of higher value shipbuilding projects and increase in ship repairing and conversion jobs during…

Hyundai Heavy Industries (HHI) has won a deal valued at 794 billion won ($843 million) to build six container ships. The deal with a European shipping company calls on HHI to deliver…

MGC Chartering Limited has placed an order with Australian high-speed catamaran builder Incat in Tasmania for Incat?s third state-of-the-art 112 metre wave piercing catamaran due for delivery in February 2009.Incat hull 066,…

The world's first commercial ship powered in part by a giant kite is recording fuel savings of between 10 and 15 % midway into its maiden voyage across the Atlantic, according to…

General Dynamics NASSCO, a unit of defense contractor General Dynamics Corp, said it was awarded a $460 million contract to build a tenth T-AKE dry cargo ammunition ship and buy materials for…

STX Group's construction of a shipbuilding yard in Vietnam has been confirmed. The Korean shipbuilder announced that the Vietnamese government has recently approved of STX's plan to construct an offshore production base…

The Netherlands-based maritime services company Smit has awarded Australian shipbuilder Strategic Marine a contract to build three aluminium hulled crew/pilot boats for use in its Middle East operations.Strategic Marine chairman, Mark Newbold,…