General News

Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured a 2nd rig order from Atwood Oceanics Pacific Limited ("AOPL"), a wholly-owned subsidiary of Atwood Oceanics Inc. to build a deepwater semi-submersible…

Rolls-Royce has announced its intention to acquire Scandinavian Electric Holding, a supplier of packages for hybrid and diesel-electric marine propulsion systems. Rolls-Royce will purchase 100% of the equity of the company from…

Shipowners and underwriters are forking out "staggering" amounts for engine damage, a leading marine engineer and casualty expert has warned.Both "man?s inhumanity to machinery" and poor products are to blame, the Society…

Dubai Maritime City, the world?s first purpose-built maritime centre has successfully assembled and functionally tested the world?s largest mobile boat hoist at its facilities. The hoist capable of lifting 720-tonne vessels will…

The Omani government is laying the ground for the development of a huge industrial hub and free trade zone in Duqm, a remote coastal town on the Arabian Sea. Spread on 24,000…

The Polish manufacturer and assembler of welded and bolted steel constructions, Mostostal Chojnice, and Ulstein Verft have been numerous times enumerated as potential investors for the state-owned SSN shipyard in Szczecin. The…

Samsung Heavy Industries will deliver the world?s biggest LNG tanker to Exxon Mobil Corp.?s venture in Qatar in August. The 266,000 m3 tanker, named Mozah, is the first in a 14 ship…

Maersk?s recent orders for 34 containerships could signal a new round of boxship ordering at Korean yards in the second half of this year, analysts are predicting. On the one hand, container…

STX Shipbuilding has won an order worth 122.3 billion won ($117.3 million) from a European shipping company to build two bulk carriers for delivery by April 2011.

Chinese shipbuilding has taken another step towards extending its capabilities with news that Zhejiang Kailing Shipyard is embarking on building the country?s first cable-layer for Zhejiang Zhoushan Electric Power Company. The ship,…