General News

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

Ferguson Marine, the last independent commercial shipbuilder on the Clyde, revealed it had plunged deeper into the red with its third year of hefty losses. Although the yard continues to struggle against…

Polar Tankers, Inc., a wholly owned subsidiary of ConocoPhillips, has christened the 142,000 DWT ?Polar Enterprise?, the company?s newest double-hulled crude oil tanker. Classed by ABS, Polar Enterprise is the fifth and…

Kleven Verft in Ulsteinvik, Norway, has, in cooperation with its associated company Myklebust Verft, signed contracts with Siem Offshore Inc in Kristiansand, Norway, for the building and delivery of six large and…

The US Coast Guard (USCG) wants to build a total of 58 FRCs (fast response cutters) which are urgently needed to replace worn-out 34 metre cutters now in service. A previous plan…

Hong Kong based Orient Overseas (International), owner of the eighth- largest Asian container shipping line, placed a $477 million order for four vessels with Samsung Heavy Industries to expand its fleet. The…

Projects implemented by the Turkish Ministry of Transport in the last four years to increase shipyard capacity and efficiency has started to bear fruit. The ministry took the shipyards? demands for growth…

The European Commission said it has extended its state aid rules for shipbuilding until the end of 2008. Current measures expire at the end of this year and the EU Competition Commissioner,…

Be safe and save time! These are the fundamental goals of the PROTOS database by Germanischer Lloyd. Now online, PROTOS ("Provisions for Transportation of Solid Bulk Cargoes") allows shipping companies, chartering companies…