Month: July 2009

Following the recent cancellation of the order for five-chemical tanker by the Eitzen Group, Hiroshima Bank is formulating a bailout plan for the troubled Japanese shipbuilder Sasaki Shipbuilding. A Japanese shipowner has…

German shipbuilding group Hegemann has received a ?100m ($143m) order for an offshore vessel from a Bremen-based owner, for delivery in 2011 subject to financing.It is not yet clear which shipyard of…

The Norwegian offshore company Sea4, established in July 2007, has been battling for several months to secure financing for the two IMR/Construction Support Vessels on order in Spain and has now signed…

Propeller manufacturer Stone Marine Singapore has invested in two new furnaces which will increase the melting capacity of the foundry in Singapore by over 50% in order to meet demand. The furnaces,…

Chinese coal shipper Guangdong Lanyue Energy Development Co is looking to add 20 more bulkers to its newbuilding tally in the next five years. Last week the company had already ordered 10…

ABS is now offering its clients powerful ship inspection and maintenance management software to be placed in the office and on board all newbuild vessels contracted to ABS class. The offer is…

Daewoo Shipbuilding & Marine Engineering (DSME) is said to be in talks to buy as much as 20% in a Brazilian rival to seek orders from Petroleo Brasileiro (Petrobras).The local content clause…

Croatia?s national ferry line, Jadrolinjia, has added the ?Biokovo? to its fleet. This newly built double-ended ferry was the eleventh ferry to have been received by the company in the past five…

Edison Chouest Offshore has signed a $150m contract with Royal Dutch Shell to build an arctic support vessel. The US offshore vessel builder and owner also will operate the 110m vessel to…