General News

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…

National flag carrier Shipping Corporation of India (SCI) will sign a contract with Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) to acquire two 300,000 dwt VLCCs at a cost of $253…

TOTAL Lubmarine has outlined its position concerning increasing raw material costs and growing shortages of marine lubricants.Andrew Knox, Head of Marketing at TOTAL Lubmarine, says, "Recent events, even before Hurricane Katrina, and…

Ferry passengers travelling between a group of Indian islands in the Arabian Sea will soon benefit from a new high-speed catamaran passenger ferry service. The service will employ three new vessels designed…

Aker Yards has been awarded a contract worth approximately $47.5 million by NorSkan Offshore Ltda., Brazil, to build an anchor handling tug supply (AHTS) vessel for delivery in April 2007. The shipyard…

The Pha Rung Shipyard Company, part of the Viet Nam Ship Building Industry Corporation (Vinashin), signed a contract to build five ships for the Forturne Marine Company of South Korea. The contract…

STX Group will actively enter into the shipping and shipbuilding market in India. Kang Deuk Soo, chairman of STX Group, had a meeting with Thalikottai Rajuthevar Baalu, minister of Maritime Transport Ministry…

Wärtsilä Corporation has been awarded contracts with a total value of above 50 million EUR, by Keppel FELS Ltd in Singapore for 32 diesel generating sets to power four jack-up rigs and…

Farstad Supply AS, a wholly owned company of Farstad Shipping ASA, has signed a contract with Aker Langsten AS, Tomrefjord, in Norway, for delivery of an anchor handling tug supply vessel (AHTS)…

India and France have signed a $3.5 billion contract for construction of six Scorpene submarines in India. The Indian Ministry of Defence said in a statement that the submarines will be built…