Author: Importer

Keppel Singmarine Pte, a wholly owned subsidiary of Keppel Offshore & Marine, has secured a repeat contract from Greatship Global Offshore Services Pte to build two platform supply vessels. Deliveries for these…

Aker Yards has signed a contract with "K" Line Offshore AS to build four platform supply vessels of Aker Yards design. The total value of this contract is approximately NOK 1.4 billion…

Indias biggest private sector shipbuilder ABG Shipyard Ltd will invest about $100 million (Rs394 crore) to set up a factory at Dahej in Gujarat that will make diesel engines for ships through…

Kleven Verft in Ulsteinvik, Norway, in cooperation with its sister yard Myklebust Verft, has signed two contracts with Siem Offshore Inc. of Kristiansand, Norway, for the delivery of two large and environmentally…

Canadian defence firms are lining up to bid on a $1 billion contract to upgrade the Royal Canadian Navy's frigates, promising a boost in employment on the West Coast. The Canadian government…

South Korea's Hyundai Mipo Dockyard Co Ltd, an affiliate of Hyundai Heavy Industries Co, has secured an order worth $474 million from an unnamed shipowner in Europe. Under the contract, the shipbuilder…

The Singapore company SembCorp Marine, the world's second-largest builder of offshore oil rigs, is paying SGD 29 million ($19 million) for a stake in an Indian shipyard. The purchase of a 3.31%…

Norway's Aker Yards has won a ??¬245 million ($353 million) contract to build six container ships for the Rostock-based shipowner Reederei F. Laeisz GmbH which operates a fleet of about 50 freighters,…

Dubai Drydocks World (DDW) is making a voluntary conditional cash offer to acquire Singapore's Labroy Marine Ltd for S$2.37 billion ($1.63 billion) in a further sign of the booming Gulf emirate's plan…

Pakistan expects to earn $60 billion a year from transit trade after completion of the national trade corridor, a couple of shipyards and improvement of the North-South road network.The estimate has been…