Author: Importer

India's largest engineering and construction firm Larsen & Toubro Ltd (L&T) is negotiating with global shipping fleet owners to build ships worth over $1 billion, but the company cannot finalize these orders…

Henderson-based shipbuilder Strategic Marine in Australia has taken another major step in its goal of becoming a global shipbuilder with the signing of a second contract to build a 143m dive support…

ECI Partners LLP (ECI), the UK mid-market buyout specialist, has acquired Kelvin Hughes in a ?£52m transaction out of Smiths Group plc, the UK listed technology company. Kelvin Hughes is a leading…

The Russian prime minister Viktor Zubkov has expressed concern over a slow reform of the civilian ship building industry at a meeting of the cabinet on Thursday. ???The civilian ship building industry…

The Dutch tug operator Smit has signed a contract with Damen Shipyards for 11 new vessels. Two tugs, type ASD 2810, are replacements for the harbour towage fleet in Rotterdam and will…

Tokyo LNG Tanker Co., a wholly-owned subsidiary of Japan's top gas distributor Tokyo Gas Co Ltd, has ordered an LNG tanker from Kawasaki Shipbuilding Corp, a unit of Kawasaki Heavy Industries, for…

Facing bankruptcy, the historic Gdansk shipyard has a buyer in one of Ukraine???s largest business groups, the Industrial Union of Donbas. However, new complications are tying up the sale. The Ukrainian group,…

India-based Bharati Shipyard has bagged an order for two Rolls-Royce designed UT 755LN platform supply vessels from Opielok Bereederungs of Germany. The total price of each vessel is $26.50 million totaling $53…

Cosco Shipping Co Ltd of Guangzhou, China, has signed a contract for two large semi-submersible heavy-lift newbuildings with Guangzhou Shipyard International for delivery in September 2010 and March 2011. This is the…

The Singapore unit Greatship (India) Ltd, a subsidiary of Mumbai-based Great Eastern Shipping Co (GE), had signed a contract for two new multi-purpose platform supply and support vessels. The contract has been…