General News

Vietnamese shipbuilding giant Vinashin has agreed to make major investments in the central Thua Thien Hue province, building terminal, shipyard and tourism complex.Under a deal signed last Friday, the local government gave…

The Australian Marine Complex (AMC) in Henderson, Western Australia is set to receive a $136 million infrastructure boost from the state government. A new floating dock will be constructed with the funds…

Chemring Group PLC announces that it has agreed a conditional sale of its McMurdo electronics business to Signature Industries Limited, manufacturers of the SARBE Emergency Location Beacons. McMurdo manufactures and supplies emergency…

The Hamburg-based TUI, Europe's leading travel and tourism group, has plans to strengthen its activities in this area. The company is currently active in the top end of the cruise holiday market…

Mumbai-based ABG Shipyard has secured an order for construction of a vessel at a price of $21.7 million from the Dutch shipping company Vroon Offshore. The 78m diving support vessel will be…

Jinling Shipyard in China is rumoured to have won an order for eight 17,700DWT multi purpose ships from Spliethoff in the Netherlands. They will be delivered from November 2008 to December 2009.…

NACKS in China delivered a 300,000DWT VLCC to Cosco named ?Cosmerry Lake?. Ship particulars are 333m in length, 60m in breadth and 29.5m in depth.

Petróleo Brasileiro S.A. (Petrobras) has awarded Stavanger-based Prosafe a charter contract for the supply and operation of a gas FPSO to operate offshore Brazil. The firm period of the contract is nine…

The strategic independence of Germanischer Lloyd (GL) has been saved following a shareholders' meeting. The executive board of the Hamburg-based classification society announced the successful defence against the hostile takeover bid by…

India is to begin assembling Franco-Spanish Scorpene attack submarines as part of plan to boost its naval power and military-industrial know-how. Production started this week at the Mumbai-based Mazagaon Dock naval shipyard.…