General News

The last significant gap in the international regime for compensating victims of oil spills from ships is set to be closed, with the entry into force on 21 November 2008 of an…

South Korean shipyard STX has won a shipbuilding contract worth at least $240 million for the construction of three bulk carriers, which are expected to be delivered in the second half of…

The Orissa government in India has cleared investment proposals for a shipyard to be constructed near Dhamra. The new yard will be built by APJ-Bharati Shipping Company who submitted a proposal of…

Mumbai-based shipping company Mercator Lines Ltd and shipbuilder Mech Marine Engineers Pvt. Ltd have formed a shipbuilding joint venture, named Mercator Mech Marine Ltd, to build commercial ships.The proposed shipyard will cost…

Aker American Shipping Inc. has decided to split its two divisions into separate companies. One would continue to operate the Aker Philadelphia Shipyard while the other would continue to buy ships produced…

The ship owning company Aker American Shipping ASA has entered into an option agreement with Aker Philadelphia Shipyard ASA to build up to 13 product tankers at a total contract value of…

Close co-operation with Chinese design companies and shipyards has helped Bureau Veritas (BV) strengthen still further its dominating position in the booming international bulk carrier market. In the period from January to…

Singapore's SembCorp Marine Ltd is in a joint venture to set up and operate a new yard at the Yanbu Commercial Port in Saudi Arabia. Sembcorp Marine and its joint venture partner…

Precious Shipping, Thailand's largest shipping firm, has plans to spend $474 million on 15 new vessels to replace its ageing fleet. About $114 million would be earmarked for three new Supermax ships,…

The Amsterdam-based Royal Boskalis Westminster NV has ordered two new dredging vessels for its fleet from IHC Holland shipyard at a total cost of approximately 200 million Euros. Delivery is slated for…