General News

Tsuneishi Shipbuilding in Japan clinched five 5,100 unit car carriers from a domestic ship owner for delivery by the first half of 2009. Three of the five vessels will be operated by…

Hyundai Mipo Dockyard in South Korea clinches four 52,000DWT product carriers from Greek owner Eletson. Total contract price is $184 million and all will be delivered by April 2010.

Jessop & Co, part of the Ruia Group in India, is planning to acquire about 1,500 acres in Haldia, West Bengal, to set up a dry dock for a ship-building and repairing…

Acquisition plans for the U.S. Navy?s Littoral Combat Ship (LCS) program could fall one year and two ships behind if the Senate Appropriations Committee?s recommendations are passed by the full Congress.The committee…

Canadian Shipbuilding & Engineering Ltd. (CSE) has suspended its shipbuilding operations after announcing plans to restructure under the Bankruptcy and Insolvency Act. CSE operates Port Weller Dry Docks and Canal Marine in…

Argentine?s R?o Santiago shipyard in Ensenada, Buenos Aires, has started construction of the first of the four oil tankers ordered by the Venezuelan state oil firm Pdvsa. The 47,000 dwt vessel will…

Aker Promar reportedly plans to invest $45.7 million in the construction of a new shipyard in the northern region of Rio de Janeiro state. This will be Aker Promar's second shipbuilding facility…

Work on the Zhoushan Changbaidao project in China has been given the go-ahead. The project is to build a drydock of 400m in length and 106m in breadth in order to build…

STX Shipbuilding has won an order from an unidentified Turkish owner for three tankers at the price of $204 million. Delivered is slated by May 2009.