Author: Importer

The Malaysian shipbuilder NGV Tech Sdn Bhd plans to expand its shipyard in Sijangkang to cope with the increasing demand for newbuildings. The Sijangkang yard which has the capability to build mainly…

Officials have signed off on a plan for the US Navy to begin detailed design and procurement for materials to build eight new generation destroyers. Kenneth Kreig, the Under Secretary of Defense…

Suez LNG Trading SA of France has signed a 20-year contract with three Japanese firms for the transport of LNG from Yemen to the US and Europe. Under the contract, Mitsui OSK…

Construction of a shipyard project, believed to be the largest of its kind in China, commenced recently at Haixiwan Bay in Qingdao, a port in east China's Shandong province. Covering an area…

Star Deep Water Petroleum Limited, an affiliate of Chevron Corporation, has commenced the construction of the FPSO vessel for its Agbami Field, valued at $1.1 billion. The vessel is being built at…

Mitsubishi Heavy Industries in Japan clinches a 145,400 cbm moss type LNG carrier from Cygnus LNG Shipping, a joint venture of Nippon Yusen Kaisha (NYK Line) together with the Tokyo Electric Power…

Sources in Germany report that the country will sell Israel two AIP-equipped SSK Dolphin class submarines for a total of EUR 1 billion ($1.17 billion), with the German government picking up one-third…

Prosafe ASA's wholly-owned unit Prosafe Production Services Pte Ltd has won a $178m contract from New Zealand Overseas Petroleum Ltd. The New Zealand company will lease a Flotation Production Storage and Offloading…

Daehan Shipbuilding in South Korea will start the construction of a 29.97 acres new shipbuilding facility in Haenam and the development will consist of two stages. The first stage will cost W…

The net profit of the Arab Shipbuilding and Repair Yard Company (Asry) is expected to reach $6.4 million this year while the net operating income is projected to reach $106m, compared with…