General News

Eastern Echo Holding Plc has signed shipbuilding contracts with Drydocks World in Dubai and design and equipment contracts with Ulstein Design for two seismic vessels, each capable of towing up to 12…

Wärtsilä has been awarded the contract for approx EUR 30 million for the manufacture and supply of the main diesel generating sets and their auxiliary and support systems for the Royal Navy's…

South Korean shipbuilder C&Heavy Industries has won a $342.2 million order to build six bulk carriers for an unidentified firm in Central America. Delivery of the vessels is slated for August 2010.

Essar Shipping & Logistics Limited (ESLL) in India has contracted to acquire six modern mini Cape bulk carriers of 103,664 DWT each with an option to acquire another three similar vessels. The…

The future looks promising for a BAE Systems-Labuan Shipyard and Engineering Sdn Bhd (LSE) tie-up. The British firm is so impressed with the Malaysian company that it is in "detailed discussions" to…

Fewer and fewer companies appear ready to acquire Stocznia Gdynia. One of the reasons is the fact that the Ministry of the Treasury wants a ban signing new contracts until an investor…

Singapore-based Swissco Offshore Pte Ltd., a wholly-owned subsidiary of Swissco International Ltd., contracted Singapore and Indonesian shipyards to build four more offshore support vessels worth $12.8 million with owner-supplied equipment.The first order…

Singapore shipyard operator and oil rig builder SembCorp Marine Ltd (SCM) and Nasser Mohammed Al-Mukairish and Partners Company (Al-Mukairish) have signed a joint venture agreement to form SembMarine Middle East Pte Ltd.…

Danaos Corporation in Greece has ordered three post-Panamax 10,100 teu containerships from Hyundai Samho Heavy Industries for delivery in January, February and March of 2011. Danaos has also arranged for a large…

Titisan Selatan Sdn Bhd, the Malaysian company which will be constructing the RM650 million ($196 million) shipbuilding yard for dredgers, is currently in talks with the Selangor government to lease a piece…