Month: May 2008

After a steep drop in activity during the first three months of the year, Hellenic ship owners have been busy ordering newbuildings at a pace similar to that of 2007. According to…

The Ananda Shipyard and Slipways Ltd (ASSL) in Bangladesh has signed a $67 million agreement with Hermann Lohmann Bereederunges GmbH & Co, Germany, to build four sea-going vessels. Under the deal, ASSL…

Ezra Holdings Limited in Singapore has placed orders for two new offshore service vessels totalling S$95 million. The first contract, worth S$69 million, was awarded to Keppel Singmarine Pte Ltd, to construct…

Hindustan Shipyard Ltd (HSL) in India delivered the third vessel of the four trader series, the 30,000 DWT bulk carrier ?Good Pacific?, to Goodearth Maritime Ltd (Chennai). The last vessel of the…

Russia's United Industrial Corporation (UIC) and South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) have signed a memorandum on interaction in shipbuilding projects, local media in St Petersburg report.The document envisages cooperation,…

The dockyard, on 1.8 million m2 of land in Gunsan, North Jeolla Province at the west coast of Korea, with 1.2 trillion won ($1.18 billion) investment, will be equipped with a number…

Interferry and the International Maritime Organization (IMO) have extended the Memorandum of Understanding (MOU) on their joint campaign to reduce ferry fatalities by 90% in developing nations. The original two-year MOU has…

EU regulators cleared South Korea's shipbuilder STX Corp. to buy a 39% stake in Europe's largest shipbuilder, Aker Yards ASA. The EU dismissed initial worries that the deal might cause antitrust problems…

Keppel Fels has won a $512 million contract for an ultra-deepwater semi-submersible drilling rig from oil drilling major Ensco. The Ensco 8504 will be the fifth semi-submersible being built by the KepFels…

Greatship (India) Limited (GIL), a wholly owned subsidiary of The Great Eastern Shipping Co. Ltd., has placed an order for two construction support vessels with Colombo Dockyard Limited for delivery in September…