Author: Importer

Rihua Shipbuilding, a Sino-Japanese joint venture that operates a shipyard in Nantong, China, delivered its first newbuilding, a 29,200 dwt bulker, to German owner Aug Bolten. Named ?Western Wave?, this newbuilding is…

Daewoo Shipbuilding & Marine Engineering (DSME) plans to spend 163.2bn won ($164m) to expand its facility for the production of vessel parts. The investment will be made by March 2010 at its…

China State Shipbuilding Co. (CSSC) said its first-quarter profit more than doubled after rising demand led to higher prices for vessels. The Shanghai-based company said that net income climbed to 984 million…

Austal has successfully launched its landmark 127 metre Littoral Combat Ship ?Independence? (LCS 2) in what proved a momentous occasion for the company as it celebrates its 20th year.Since its keel laying…

The international shipbuilding group Aker Yards ASA could help build a huge shipyard worth $1 billion in north-western Russia. A year ago, Moscow announced plans to build a large shipyard for manufacturing…

Subsea 7 Inc, one of the world's leading subsea engineering and construction companies, took delivery of its new state-of-the-art deepwater Flex / J-lay vessel, the ?Seven Seas?. The newbuilding is designed to…

The first of two 47.5 metre passenger catamaran ferries for the Macau-based New World First Ferry (NWFF) has been launched at Austal Tasmania, marking a historic milestone for the growing shipyard.With new…

Frontline has entered into a contract with Zhoushan Jinhaiwan Shipyard in China for delivery of four 320,000 dwt VLCC newbuildings. The vessels will be delivered from June 2011 until December 2011. Frontline…

One or more of Croatia's five ailing shipyards might have to close as part of European Union membership preparations, Economy Minister Damir Polancec admitted for the first time. He said that one…

In a move that will add to its offshore vessel building expertise and give it an edge over competition, ABG Shipyard, India?s largest private sector shipyard, is looking at building sub-sea vessels,…