General News

The contract on sale of the Adriatic Shipyard in Montenegro could be signed by the end of the month upon completion of the second round of negotiations with the Swiss company Avangard…

A tripartite agreement has been signed between a Bangladeshi firm and two Danish firms to provide necessary training to Bangladeshi workforce in shipbuilding sector. Officials of the Bangladesh shipbuilder Western Marine Shipyard…

Ulstein Design AS in Norway has agreed with Guangdong Machinery Imp. & Exp. Co., Ltd (GMG) to provide design services for 12 vessels of ULSTEIN A801 type. Ulstein Design has sold 60…

UK gas producer BG Group has signed an agreement to buy two LNG carriers from South Korea's Samsung Heavy Industries for an undisclosed sum. The dual-fuel diesel electric newbuildings will each have…

Bangladesh has started exporting ships to the world market with Ananda Shipyard and Slipways formally handing over the country?s first ship for export to Denmark's Stella Shipping. The 2,900 dwt multipurpose dry…

Global Marine Finance Co., set up by shipbuilder Hanjin Heavy Industries and South Korean banks, received government approval to raise 282.8 billion won ($270 million) to build six bulk carriers. South Korea's…

Hanjin Shipping in Korea has taken delivery of two new 4,300TEU vessels. Named Hanjin Norfolk and Hanjin Piraeus, they were built by Samsung Heavy Industries and are the second and the third…

Mumbai-based Varun Shipping Co Ltd plans to invest $300 million to buy at least four new vessels in the offshore segment this year, a top official said at a recent conference.Varun, which…

Russia?s Prime Minister Vladimir Putin urged his government to provide the country with a modern fleet of offshore vessels for its flourishing energy sector and is to include drilling platforms, ice-class gas…