General News

STX Heavy Industries has won a drill ship contract worth $1.2 billion from Noble Corp., the third-largest U.S. offshore oil driller. The order, the first of its type won by STX, includes…

Turkey's Cicek Shipyard launched a new 25,000 dwt bulk carrier design at the SMM 2008 exhibition in Hamburg. The current handy-size bulk carrier fleet is now aging and Cicek believes that many…

Vietnam?s state-run shipbuilder Vinashin is reportedly negotiating for its first VLCC contract with state-run PetroVietnam. The largest ships to date that the rapidly evolving builder has on its books are a series…

Shipping companies are experiencing a tightening of lending conditions because of growing market uncertainty and a weakening of banks' ability to lend, senior officials have revealed. The ambitious building programmes announced around…

European engineers and researchers have developed a robot that is able to remove marine growth from a ship's hull. HISMAR, the Hull Identification System for Marine Autonomous Robotics, was developed under European…

Samsung Heavy Industries has received a 633.4 billion won ($567.8 million) order from Europe and said it would raise its order target for 2008 by more than 30%. The South Korean shipbuilder…

Conflicting directions given by the financial authorities are creating confusion for bidders of Daewoo Shipbuilding & Marine Engineering (DSME). After Korea Development Bank (KDB), the main creditor of DSME, changed its stance…

Dalian Shipbuilding Industry, one of China's biggest shipyards, plans to boost production from this year's 3 million dwt to 10 million dwt by 2020. DSIC expects sales of 17 billion yuan this…

Reports are emerging that there are signs of a significant dispute between Norwegian Cruise Line and Aker Yards France, the shipyard that's building NCL's innovative new F3 series of ships. The dispute,…

The naval architect firm of Marin Teknikk in Norway has secured a new contract with a Korean shipyard for delivery of design and engineering package for two new MT 6024 support vessels…