Author: Importer

Korean shipbuilder Samsung will build four ice-class 70,000-ton tankers for Russia?s oil major Lukoil to help it export crude from the Arctic to Western markets. Delivery is scheduled for 2008 and will…

Western Ferries, which operates from Dunoon to Gourock, has placed a £500,000 order for a roll on/roll off terminal with Ferguson's yard on the river Clyde in Scotland. The Port Glasgow yard…

Daewoo Shipbuilding & Marine Engineering Co. said it will bid for Santierul Naval 2 Mai Mangalia, a Romanian government-owned shipyard, to expand capacity in the country."Daewoo Shipbuilding plans to make a bid…

The Joint Iran-India LNG consortium in its first step for LNG export is to place an order for 8 new carriers valued at $1.6billion. Four of the ships will have a capacity…

A South Korean state agency that is jointly selling 51% of Daewoo Shipbuilding & Marine Engineering (DSME) might reject bids from companies that did not support national interests. Korea Asset Management (KAM),…

Hyundai Heavy Industries has won an order for two 60,000 m3 LPG carriers from Solvang and two 35,000 m3 LPG carriers from Itochu in Japan at the total contract price of $300…

Daewoo Shipbuilding has captured a contact for two semi-submersible drilling rigs from Frigstad Offshore Drilling in Singapore at the price of $480 million.They will be delivered on December 2008 and June 2009…

Newfoundland and Labrador in Canada could be the big winner in Ottawa's $1.8 billion plan to replace the navy's aging supply ships, as two of the four consortiums bidding on the project…

Petroleo Brasileiro SA, Brazil's state-controlled oil company, opened bidding on more than $1 billion of contracts to build 26 oil tankers and other vessels as the company boosts its spending on domestic…

The global fleet of LNG tankers needs to expand by 66% by 2010 to meet current and future demand from exporters including Qatar, Australia and Nigeria, according to LNG Shipping Solutions. About…