General News

Aker Yards has signed a contract with MSC Cruises to build a 4th MSC Musica Class Cruise ship. The ?MSC Magnifica? will be built at Aker Yards, Saint-Nazaire in France, for delivery…

The Residential Cruise Line Ltd has entered into a Memorandum of Understanding with Aker Yards to start building the residential cruise ship ?Magellan?. This is the first step and the finalization of…

Qatar Gas Transport Company Ltd. (NAKILAT) has signed an agreement with Singapore based Keppel Offshore & amp; Marine Limited (Keppel O&M) through its wholly owned subsidiary, KS Investments Ltd., to jointly develop…

Yantai Raffles Shipyard in northern China has been awarded a contract to construct a flexible fall pipe bulk carrier worth approximately $78 million by the Dutch dredging, offshore and marine construction company…

Royal Caribbean Cruises Ltd. has ordered another Genesis class cruise vessel from Aker Yards at a cost of approximately EUR 900 million ($1.2 billion). The contract is subject to final confirmation of…

STX Pan Ocean in Korea is expanding its fleet of PCTCs (pure car and truck carrier) as part of the company's strategy to move away from its dry bulk business to minimise…

Korea's STX Shipbuilding has made a start on the construction of its new shipyard to be built in Dalian, China which it estimates will generate $3 billion in sales in 2012, similar…

An oil and gas industry firm has formed an alliance which will see workers at the Rosyth naval dockyard in Fife being used offshore. Petrofac, a service provider for the oil and…

POSCO, South Korea's leading steelmaker, plans to raise the prices of some steel products beginning 19 April to reflect an increase in iron ore costs. The price of steel plates for shipbuilding…

India?s three strategic shipyards - Mazagaon Docks, Garden Reach Shipbuilders & Engineers (GRSE) and Goa Shipyard - which are engaged in building warships, will be modernised and upgraded to the level of…