General News

The Korean shipbuilders Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries (SHI) have received order to build a total of nine LNG carriers. DSME will build five of the gas…

Wärtsilä has signed an agreement to acquire the Swedish company Senitec AB in Varberg. The company is privately-owned and specializes in environmental technology products for separating waste such as oily water and…

Bharati Shipyard in Mumbai, India, has signed a $130.5 million contract with Clipper Group (Management) Ltd. of the Bahamas to build six 20,000 dwt geared bulk carriers. These newbuildings will be of…

Hyundai Heavy Industries (HHI) benefited from the global boom in shipbuilding by managing almost to quadruple its profits in 2006. Profits reached a record 712.8 billion won ($761 million) in 2006, up…

The 50,800 DWT container vessels ?Bahia? and ?Bahia Blanca? built for Hamburg Sud have been christened at the yard of Daewoo Shipbuilding & Marine Engineering (DSME) in Okpo, Korea. The two new…

Awilco Offshore (AWO) has, through its fully owned subsidiary OffRig Drilling, exercised an option with Yantai Raffles Shipyard in China to build the company?s third semi submersible drilling rig, to be named…

Aqua-Terra, one of the three Singapore-listed oil services firms headed by Indonesian tycoon Kris Wiluan, said it would supply equipment and manage projects worth over $44 million for the Chinese oil major's…

Deltamarin, the Finnish naval architecture and marine engineering group, and V.Ships Leisure, the provider of third party ship management and related services to the passenger shipping industry, have formed a joint venture…

Following considerable demand from shipyards across Asia, classification society DNV is preparing a sample Coating Technical File (CTF) as a guideline for shipbuilders to follow in the wake of the IMO-stipulated New…

The Helsinki-based Nordic and Baltic cruise operator Viking Line has placed a $78 million order for a new passenger ship with Spanish shipyard Astilleros de Sevilla SA.The vessel, which is due for…