General News

The Kuwait Oil Tanker Company (KOTC) will float a tender to build four crude oil tankers soon. The budget for the new fleet is between $120 to $130 million and is expected…

The Indian engineering and construction major Larsen & Toubro plans to broaden the scope of its proposed Rs 2,000-crore mega greenfield shipyard in favour of an integrated port-cum-shipyard facility. The company, which…

Work on Qatar Gas Transport Company?s (Nakilat) second Q-Max LNG tanker has begun with its managing director Mohamed A Ghannam initiating the steel cutting.Nakilat has placed orders for 14 such tankers, which…

China Dalian International Corp has ordered three 57,000 dwt supramaxes at a total cost of $101m from an east China shipyard. The vessels, which will be operated through Singapore subsidiary Da Sin…

The Russian Far Eastern Shipping Co (Fesco) is jumping on the supramax-bulker bandwagon with a series of newbuildings in China. The fast expanding Russian shipping company has returned to Jinling Shipyard for…

Odense Steel Shipyard in Denmark unveiled its latest newbuilding, an 11,000 TEU container vessel, for the A.P. Moller - Maersk Group. Like her four predecessors, ?Ebba Maersk? will be part of the…

The Miami-based cruise company Celebrity Cruises, a subsidiary of Royal Caribbean Cruises Ltd., has placed a contract for a fourth large cruise ship with Meyer Werft in Papenburg. After ordering the first…

Marin Teknikk, the Norwegian naval architects, has secured a contract with Hanjin Heavy Industries & Construction in Korea for delivery of a design and engineering package for two new MT 6022 XLs…

Bourbon Offshore and Damen Shipyards Gorinchem in Holland have signed a contract for the construction and delivery of four Damen ASD 3213 tugs. The ASD 3213 is the latest development from Damen…

The Subic Bay Metropolitan Authority (SBMA) in the Philippines has plans to create a 124-acre maritime park that offers tax incentives to local shipbuilders. The facility is aimed at boosting the country's…