General News

Chinese shipbuilder Jiangnan Shipyard Group, recently delivered a 16,600 dwt chemical tanker, the Sten Arnold, completed at its Shanghai Changxing Shipbuilding facility, to its Norwegian owner, Rederiet Stenersen. The Bergen-based shipowner ordered…

The government of Pakistan is seeking advisory services from internationally qualified firms led by a reputable international financial institution/investment bank for development of shipyards at Port Qasim, Karachi and Gwadar Port. Officials…

Hyundai Heavy Industries (HHI) aims to report 18 trillion won ($19.2 billion) in sales next year. The target is 16% more than the 15.5 trillion won worth of sales that HHI reported…

The production value of Taiwan's shipbuilding industry is expected to amount to NT$52 billion ($1.6 billion) for 2007, up 21% over the year-earlier level, according to tallies released by the Industrial Development…

The largest shipbuilding facility in the Middle East is to be constructed in Turkey and is expected to go on stream within five years. The cost of the project, which is to…

Power, a United Technologies Corp. company, has signed a contract for the development phase of a program with Spanish shipbuilder Navantia, S.A., to supply a 300kW proton exchange membrane (PEM) fuel cell…

The U.S. Navy plans to contribute up to $33 million to an Austal USA modular shipbuilding facility whose price tag could reach $200 million, Austal Ltd. said in a news release issued…

COSCO Shipyard Group, a major Chinese repair-yard, has constructed a new facility in Dongguan, Guangdong province. The facility will be utilized to build ships up to 100,000 dwt in addition to repair…

Yangzijiang Shipbuilding has won a $1.4 billion contract from China's Cosco Container Lines to build twenty 4,250 teu container ships. This includes options for four ships.The vessels are to be delivered between…

Samsung Heavy Industries has obtained new orders totaling $2.41 billion including a $1.15-billion deal to build two semi-submersible floating drilling rigs for an undisclosed Russian client for delivery in September 2010. In…