General News

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…

Hyundai has delivered three 100,000 DWT oil tankers for Sakhalin-1 Oil and Gas Project costing $150m. The tankers were ordered by Sovcomflot, Russia?s largest shipping company, and were designed and built specifically…

Ship repair work has restarted at the former Cammell Laird dry docks in Birkenhead.Northwestern Shiprepairers and Shipbuilders has been let back into the yard by landlord Reddington Finance as the two companies…

Gdynia shipyard recently submitted to the Polish Treasury, a proposal to sell Stocznia Gdynia.Meanwhile, the Polish government will prepare a list of measures necessary to implement the splitting up of the two…

Construction began a few days ago on the Thinh Long shipyard in the northern province of Nam Dinh in Vietnam. The new facility will form part of the Hoang Anh Shipbuilding Joint…

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…