General News

Tulcea Shipyard, owned by Norwegian group Aker, forecasts triple turnover for this year, up to 120 million euros. The company's management is hiring more employees in order to be able to fulfill…

STX Shipbuilding has developed a ?Skid Launching System? involving building ships in two sections on land. After each section has been constructed, the two are joined in a floating dock. STX recently…

Nippon Yusen Kaisha (NYK) in Japan ordered three 300,000DWT VLCCs from IHI Marine United for delivery from 2008 to 2009. NYK now has 13 VLCCs on order and is in accordance with…

Keppel Offshore & Marine Ltd (Keppel O&M), the wholly owned subsidiary of Keppel Corporation Limited, has acquired from the PEM Setal Group the latter?s entire 17.25% interest in FELS Setal S.A. The…

The Korea Shipbuilder's Association recently presented a report that Chinese shipbuilders are likely to overtake Korean yards in the construction of large container ships within the next five years. It also claims…

With reference to a letter of intent (LOI) announced on 20 October 2004, Aker Yards has now received a confirmation in the form of a firm contract for building of three container…

China Shipping Development Co, a subsidiary of China Shipping Group, has ordered a 298,000dwt VLCC from Dalian New Shipyard. Ship particulars are 333.5m in length, 58m in breadth, 31m in depth, a…

Costa Crociere, a subsidiary of Carnival Corporation, has ordered a 112,000gt cruise ship from the Italian shipbuilder Fincantieri at a cost of $630 million. The new Concordia class ship will be built…

Norwegian Cruise Line (NCL) has ordered a new 2,400 passenger cruise ship from Meyer Werft in Papenburg, Germany, for delivery in February 2007. This 93,000 GT newbuilding will be a sistership to…

Samsung Heavy Industries announced it has secured orders for two 153,200 cubic metre LNG carriers and four post-Panamax container ships from a European ship owner for delivery by April 2009. Even though…