General News

The Romanian shipbuilder Severnav Drobeta Turnu Severin made 840,000 Euro profit in the first nine months of the year, against about 73,000 Euro in the corresponding period of last year.However, the company's…

STX Shipbuilding has won six LR1 product carriers from the Shipping Corporation of India at a total price of $373 million. They will be delivered by July 2010.

The new pilot boat, to be named ?Greatham?, is one of two ordered by PD Ports in the UK for Teesport and Falmouth Harbour Commissioners. The vessel?s design is based on Teesport?s…

The International Bunker Industry Association (IBIA) says that moves to further tighten air emission controls on shipping through changes to IMO?s Marpol Annex VI must be based on a multiple solution approach.Speaking…

Northrop Grumman Corporation in the USA has been selected to supply simplified voyage data recorders (S-VDR) for 59 Teekay Shipping vessels. Northrop Grumman?s Sperry Marine business unit is supplying the S-VDR hardware,…

The Islamic Republic of Iran Shipping Lines (IRISL) has signed a $500 million contract with Iranian shipbuilders for 16 cargo vessels and plans to enter the LNG market. IRISL is waiting for…

Qingdao Hyundai Shipbuilding (QHS) has won an additional newbuilding contract for seven 5,500 DWT product carriers with the Greek shipping company Agean Bunkering Services Inc. Agean has already ordered 9 similar product…

Aker Yards has entered into a contract with Farstad Shipping ASA to build four AHTS vessels with a value of approx $321 million. The multifunctional deep water anchor handling tug supply service…

The first two platform supply vessels with the ULSTEIN X-bow design will be named at Ulstein Verft. The two ULSTEIN PX105 vessels were ordered by Bourbon Offshore Norway and are on long-term…

Samsung Heavy Industries has clinched a $637 million drillship from a European-based owner for delivery June 2009.