General News

Offshore shipping and shipbuilding group Jaya Holdings plans to expand its shipyards in Indonesia and China to take advantage of the perceived continuing strong demand in the offshore shipping sector. The group…

Russia's United Industrial Corporation (UIC) and South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) have signed a memorandum on interaction in shipbuilding projects, local media in St Petersburg report.The document envisages cooperation,…

The dockyard, on 1.8 million m2 of land in Gunsan, North Jeolla Province at the west coast of Korea, with 1.2 trillion won ($1.18 billion) investment, will be equipped with a number…

Samsung Heavy Industries has won a $942 million deal to build a drill ship. The deal with Sweden-based Stena Line Co. calls on Samsung to deliver the vessel, used for deep-water oil…

Cosco Corp. Singapore Ltd. aims to draw one third of its business each from ship repairs and conversion, new shipbuilding and offshore marine engineering services. The three key businesses contribute S$653.1 million…

Vinashin?s subsidiary, Nam Trieu Shipbuilding Industry Corporation, has handed over a 53,000 tonne bulk carrier to Britain?s Graig Group. The vessel, named Sophia, is the second in a 15-ship series ordered by…

The Anglo-Norwegian reefer company Star Reefers Inc. has agreed with a Japanese owner to time-charter four more new reefer vessels each with a capacity of 615,000 cbft and almost 200 FEU containers…

Russia?s Sovkomflot OJSC is eyeing the possibility of ordering a series of gas carriers from Admiralty Shipyards in St. Petersburg. According to local sources, the scope of the order will depend on…

Greek owner Delta Tanker has ordered three VLCCs from South Korea's Hyundai Heavy Industries (HHI) for a record unit price of $156 million. This broke the previous record price of $154 million…

Norwegian-controlled subsea contractor Subsea 7 Inc has ordered a new pipelay and construction vessel from the Dutch shipbuilder Merwede Shipyard at an overall project price estimated at $190m. The new 133-metre vessel…