General News

Daewoo Shipbuilding and Marine Engineering in South Korea is aiming to win $10 billion worth of orders in 2006, up 47 % from $6.8 billion in 2005.It also expects to win a…

Keppel Singmarine has clinched three newbuilding contracts worth a total of $72.3 million. The first contract involves the construction of four anchor handling tug/supply (AHTS) vessels at its Keppel Nantong Shipyard, northwest…

Damen Shipyards Gorinchem has been awarded a contract from the Swedish Coastguard in Karlskrona to construct two 80 metre multi purpose vessels. The contract covers design, engineering and construction of two vessels…

BAE Systems has sold its German sonar business Atlas Elektronik to the European aerospace group EADS and Germany's ThyssenKrupp Technologies. They will pay about EUR145m in cash and assume Atlas's pension liabilities…

The Bach Dang Shipbuilding Company, a subsidiary of the Vinashin group, recently launched a 13,500 dwt oil tanker, named ?Vinashin Sea?, the largest ever built in Vietnam. The tanker, 145 m long,…

Goa Shipyard Limited (GSL) here has embarked on a modernisation drive to augment its infrastructure facilities to manufacture state-of-the-art vessels with competitive prices and shorter delivery schedules. A GSL source said it…

Aker Yards and the French company Brittany Ferries have signed a Letter of Intent for the building of a roro-passenger ferry worth approximately 105-110 million euro for delivery in October 2008 at…

China's first LNG carrier was recently launched at the Hudong-Zhonghua shipyard in Shanghai and is scheduled for delivery in October 2007. The LNG ship is regarded a high-tech product with high-added value…

Hyundai Heavy Industries (HHI) marked a world record of 890,000 bhp for large size marine engines for one month by completing a test run of the final marine engine on the 27th…

A fleet of new ships built for British Gas and other companies to meet Britain's growing energy needs by bringing in LNG from abroad has been hit by leaks and safety scares.…