Author: Importer

Kleven Verft in Ulsteinvik, Norway, has signed a new contract with Siem Offshore Inc for the building of one new, sophisticated vessel. The contract has a value of $56 million. The vessel…

Iran may need to place orders for 15 to 20 LNG tankers once the South Pars LNG deal goes through, according to managing director of National Iranian Tanker Company (NITC). The purchase…

Italy?s Gruppo Beltrame, Europe?s fifth largest steelmaker, is considering plans to build its first plant outside Europe in Argentina at a cost of about $53 million to manufacture plate for the shipbuilding…

Significant new contracts are due to be announced Belfast?s Harland and Wolff (H&W) shipyard. The news came as the world?s largest car ferry arrived in the yard?s main building dock for essential…

The state of Gujarat on the west coast of India is set to become one of the world?s largest shipbuilding complexes. While players like L&T, Adani, Pipavav Shipyard and ABG Shipyard are…

Venezuela's state oil company Petroleos de Venezuela SA (PDVSA) will acquire four oil tankers from Iran, expanding its fleet with the help of a nation closely allied with President Hugo Chavez. PDVSA?s…

Jurong Shipyard, a wholly owned subsidiary of SembCorp Marine, has secured two FPSO conversion contracts worth a total of $58 million from Tanker Pacific Offshore Terminals Pte Ltd (Tanker Pacific).The first contract…

The Danish shipping company Lauritzen Bulkers has recently added four newbuilding contracts to the four Handymaxes already on order at Hakodate Shipyard in Japan. These latest newbuildings are identical 31,900 DWT Handysize…

TOP Tankers Inc has exercised its option for two additional 50,000DWT Product / Chemical tankers. As with the previously announced four newbuildings, all the vessels will be sister ships built by SPP…

Samsung Heavy Industries and the Russian government are proposing to establish a joint venture for an ice-breaking oil tanker business.Samsung is already building three 70,000 DWT ice-breaking oil tankers for Russia's largest…