General News

Diamond Offshore Drilling Limited, a subsidiary of Diamond Offshore Drilling, has exercised its option to build a second ultra-deepwater drillship with Hyundai Heavy Industries for delivery in the fourth quarter of 2013.

Sungdong Shipbuilding & Marine Engineering (SSME) recently received an order for six containerships at a total value of 650 billion won ($582.9 million) with the first delivery scheduled by the end of…

The Liberian-flag fleet posted record growth figures in 2010 and has now doubled in size in the ten years since the management of the Liberian Registry was assumed by the US-based Liberian…

Figures released by shipbroker Braemar Seascope suggest that the dry bulk, container and tanker segments managed to avoid significant oversupply, so industry concerns over the glut of newbuilding deliveries in 2010 may…

Athens-based containership owner Danaos Corporation recently took delivery of a containership newbuilding, the ‘Hanjin Algeciras’, expanding its operational fleet to a total of 51 containerships aggregating 223,329 TEU.

Atwood Oceanics Pacific, a wholly-owned subsidiary of Houston-based Atwood Oceanics, recently executed a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering (DSME) to construct an ultra-deepwater drillship.