Month: June 2009

"As of April, there are already some 1,000 cancelled newbuildings from all around the world and the number of cancellations is expected to increase further this year," according to the Class NK,…

Italian company ENI intends to build a shipyard in the Caspian Sea. The new facility will focus on building tankers with a displacement of up to 63,000 tonnes to transport crude oil…

L-3 Offshore of Coventry, U.K, has signed an agreement with the STX Engine subsidiary of South Korea's STX Group to collaborate in the marketing and supply of integrated power, electric propulsion, dynamic…

European energy giant GDF Suez and Hoegh LNG are expected to issue a tender shortly for a purpose-built LNG floating storage and regasification unit (FSRU) for their Triton project of Italy. Four…

The Attica Group, Greece, has ordered two fast ropax ferries from Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME). The vessels will have an overall length of 145.5m, a speed of 26…

South Korea's STX Corporation is reportedly mulling constructing a new shipyard in Brazil in co-operation with Brazil's state-owned oil major Petrobras. South Korean shipbuilding rivals appear to be nervous about the news…

Zhoushan Jinhaiwan Shipyard in China has secured a bumper order for 30 bulkers from fast emerging Grand China Logistics, one of the largest single orders ever placed in China. Broken down, the…

Chinese shipbuilder Jiangsu Rongsheng Heavy Industries Co, which is aiming to sell shares to the public later this year, won a $484 million deal to build four ships for Oman Shipping Co.…

Malaysia's first fully-automated shipyard will be in operation at the Tanjung Agas Oil and Gas and Maritime Industrial Park in 2013. It will be part of a RM4.8 billion project that comprises…

Brazilian construction group WTorre has confirmed talks with Singapore's Keppel Corp over selling a stake in a new shipyard project. "We're in advanced, but not conclusive, talks with Keppel," a spokeswoman said.WTorre's…