General News

President Vladimir Putin has signed a decree merging the country's top energy shipping companies in a move to create a $5 billion national shipping giant and help develop the country's huge offshore…

The Vietnam Shipbuilding Industry Corporation (Vinashin) recently delivered a 53,000 dwt bulk carrier, the largest ever built in Vietnam, to its UK owner in northern Quang Ninh province. Named ?Florence?, the newbuilding…

Adelaide in South Australia will become the home of Australian naval ship building following the latest defence contract. The Royal Australia Navy is to get three new air warfare destroyers and two…

Hanjin Heavy Industry has secured a $224 million shipbuilding order from a new European client on the back of increased shipping volumes and fees. Delphis of Belgium placed an order for Hanjin…

COSCO Group, China's shipping conglomerate, has signed a deal with Japan's Kawasaki Heavy Industries Ltd. to build a shipyard in northeast China, their second such venture in the country.COSCO will control 70%…

Hyundai Heavy Industries has won an 857 billion won ($923 million) order to build eight container vessels. The deal from a European company calls for HHI to deliver the ships by December…

Colombo Dockyards Limited?s (CDL) launch of the Anchor Handling Tug Supply vessel, built for Great Ship (India), is scheduled to take place next week. "This occasion will mark the first launching of…

Dubai Drydocks (DD), a market leader in ship repair and conversions, has concluded an agreement with Singapore-based Navig8 Shipmanagement Pte Ltd to build four medium range (MR) product tankers, with an option…

Samsung Heavy Industries has secured a sizable order from an Asian customer to build an FPSO in a contract worth $470 million. The vessel will be delivered by September 2010.