General News

SPP Shipbuilding (formerly Dong Yang Shipbuilding) will build a newbuilding facility at Sacheon city, nearby Jinhae where STX Shipbuilding is located. In the first stage, the shipbuilder will invest W 120 billion…

The China Shipbuilding Industry Corp. (CSIC), one of the two largest shipbuilding groups in China, built 3.17 million tonnes of new ships in 2005, up 47%.In 2005, the CSIC received 3.73 million…

Aker Yards has signed a contract with Farstad Supply AS, a company within Farstad Shipping ASA in Ålesund, Norway, to deliver an UT 751 E platform supply vessel (PSV). The value of…

Bollinger Shipyards has won an order from Edison Chouest Offshore for two 245-ft class liftboats that will operate in the Gulf of Mexico. Bollinger hull 515 and 516, are based on a…

Hyundai Corporation has risen as a major player in the global small and middle sized vessel market as ?Qingdao Hyundai Shipbuilding,? a company it launched last June in China, has successfully won…

SembCorp Marine is pumping 225 million Yuan or $27.5 million over two years to grow its ship repair and ship conversion business in China. It is investing the money into Cosco Shipyard…

CSCL in China has ordered four 4,250TEU container ships from Dalian Shipyard for delivery from September 2008 to March 2009. The Chinese carrier is also believed to be negotiating with Samsung for…

The Viet Nam Shipbuilding Industry Corporation (Vinashin) has generated a turnover of VND7.8 trillion ($493 million) last year, marking a 41% jump over 2004 revenue.Last year the corporation signed a number of…

BMT Ltd is to explore a web-based approach for the delivery of MET Office forecasts to help improve search and rescue (SAR) operations. The work will form part of the two-year, £2.2…