Author: Importer

Rem Maritime in Fosnavag, Norway, has signed a contract with Simek shipyard in Flekkefjord to build two offshore vessels. The contract has a total value of $54 million. Build number 118 is…

Over 100 ships under construction with a gross tonnage (GT) of more than 2.1 million were commissioned in October with Germanischer Lloyd (GL) class. These include container ships amounting to over 1.7…

Vietnam?s fledgling shipbuilding industry has its sights on going higher. Although it is still some way behind South Korea, Japan and China, DNV management agree that Vietnam will move higher in the…

The South Korean shipbuilder Hyundai Heavy Industries (HHI) announced that its third-quarter profit rose 21% reflecting the higher newbuilding prices of oil tankers, cargo ships and LNG carriers. Net income rose to…

BC Ferries in Canada has awarded Victoria Shipyards the contract to perform major modification work on the replacement vessel for the ?Queen of the North? which sank earlier this year.In capturing the…

Hong-Kong-based bulker owner, Jinhui Shipping and Transportation Limited, has ordered two handymax bulk carriers from Japanese shipbuilder Tsuneishi Heavy Industries at a total cost of $61 million. The 58,000 DWT vessels will…

The Liberian Registry has topped the 70 million gross tons mark for the first time in more than twenty years as it continues to outpace competing registers. It is also dominating the…

Masson of France, a manufacturer of drive and reduction gear systems for workboats, has become Masson-Marine, regaining its independence, and with its directors fully back in control. For nearly a century, Masson…

The UK shipbuilder Cammell Laird has been blamed for the failure of a deal that led to the firm's collapse. The shipbuilder called in receivers in 2001 after a £50m contract to…

Hyundai Samho Heavy Industries has clinched four container ships at the price of $330 million. Ship owner is based in Asia and they will be delivered by September 2009.