General News

The Tuticorin Port Trust (TPT) in Southern India plans to construct a shipyard at an estimated cost of $215 million said its chairman N K Ragupathy.Detailing the proposed plan of setting up…

A major shipbuilding contract worth hundreds of millions of dollars could be heading to Whangarei in New Zealand. The Whangarei District Council will be discussing an offer from Culham Engineering to buy…

TTS Marine ASA has entered into a letter of intent (`Heads of Agreement`) with Umoe Industri regarding the takeover of Umoe Schat-Harding, which supplies lifeboats and other life-saving equipment to the shipping…

The former Australian Submarine Corporation (ASC Pty Ltd) will be sold under a competitive tender by the South Australian federal government. The tender would most likely begin in late 2007, with a…

KY Heavy Industries in South Korea delivered first ship of 13,000DWT chemical tanker to the Greek Unibros Shipping Corp which ordered three ships at a total value of $55 million. Ship particulars…

Coastal Contracts Bhd in Sabah, Malaysia, will focus on building oil and gas (O&G) logistics vessels to capitalise on the current high crude oil prices and increase in O&G exploration as well…

The 'A' rated 65 million GT North of England P&I club has published a new guide for its members and the wider shipping industry on how to avoid problems and disputes arising…

Venezuelan President Hugo Chavez will travel to China later this month to strengthen energy ties between the two countries, and is expected to sign contracts worth more than $1 billion. Chavez will…

India?s fourth largest private sector shipowner, Varun Shipping Co, plans to raise $536 million in an effort to expand business, mostly in the carriage of liquefied natural gas.Varun, a leading player in…

PT ASL Shipyard Indonesia, a subsidiary of Singapore-based ASL Marine Holdings Ltd, has commissioned the 150,000 dwt graving dry dock at its shipyard in Batam, Indonesia. The new dry dock, measuring 260m…