Month: March 2009

Following the earlier announcements that Arrow Seismic Invest II Ltd, a subsidiary of Petroleum Geo-Services ASA (PGS), had terminated the shipbuilding contract with the Spanish shipbuilder Factorias Vulcano, the Norwegian offshore company…

Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea recently held a naming ceremony for the world's largest 14,000 TEU containership. The ship, named ?MSC DANIT', has a length of 365.5m, width…

Mitsui O.S.K. Lines (MOL), the world's largest operator of iron-ore vessels, halted new orders for the ships as demand for steel drops. The company is scrapping up to seven iron-ore carriers and…

Nakilat and Netherlands-based Damen Group have signed a memorandum of understanding for establishing a Qatari majority joint venture, which will build a shipyard for construction of luxury yachts and ships for commercial…

Keppel Offshore & Marine Ltd (Keppel O&M), through Keppel Shipyard Limited (Keppel Shipyard) and Keppel FELS Brasil SA (Keppel FELS Brasil), has secured three contracts worth a total of about S$300 million.…

China's Guangzhou Shipyard International Co said it will call off a proposed $445 million acquisition of a shipyard from its state-owned parent as its shares have slumped in the global financial crisis.…

Riga Shipyard in Latvia has launched its third vessel this year. The fishing trawler "Helena Matte" was commissioned by a Danish company, which will fit out the vessel with electric, communications and…

Gulf Energy Maritime (GEM), the Middle East's largest independent commercial product tanker operator, has taken delivery of the first ever Panamax built by Korean shipbuilder Hyundai Mipo Dockyard (HMD. The 75,000 DWT…