General News

Aker Yards and the Estonian Tallink Group have signed a contract for the building of a fast passenger ferry for delivery in spring 2007, worth around $134.5 million. The contract includes an…

Talks are set to begin soon on Qatar's new LNG tanker procurement program. Qatar Liquefied Gas Co. II (Qatargas II), which plans to charter 6 to 8 large-size LNG carriers, said that…

Daewoo Shipbuilding & Marine Engineering (DSME) has received an order to build five 210,100 cubic metre LNG tankers valued at $1.20 billion from a Qatari gas producer. DSME?s latest deal means that…

Austal Ships has delivered to a private owner the ?Electra? for operation in the Bahamas.With the initial design brief heavily based on carrying and deploying a 9 metre, twin engine RIB, ?Electra?…

Brazil's state-owned Petroleo Brasileiro SA (Petrobras) signed letters of intent with Modec Inc., Houston, to supply a floating production, storage, and offloading platform (FPSO) and a floating storage, and offloading vessel (FSO)…

Alaska?s second fast vehicle ferry, ?Chenega?, sailed from Auke Bay yesterday, en route to Prince William Sound, where it will serve the communities of Cordova, Valdez, and Whittier. The ferry, built by…

Teekay Shipping Corporation has been awarded contracts to charter two 155,000 cubic-metre LNG carriers to the Tangguh LNG project in Indonesia. The contractual relationship for the 20-year fixed-rate charters will be with…

A group company consisting of Kawasaki Kisen Kaisha, Ltd. ("K"Line), together with its Indonesian consortium partner, PT. Pelayaran Nusantara Meratus (PNM), has executed three 20-year long-term charter agreements for three new LNG…

Korea Gas Corporation (Kogas) has invited bids to build four LNG carriers, two of which will be ice classed, to carry 3.5 million tonnes of LNG from 2008. The LNG carriers will…

Germanischer Lloyd has taken first place in the current evaluation of all statutory inspections of ships during the past year within the scope of the Paris Memorandum of Understanding (Port State Control).…