General News

The successful diversification of its core business has generated over £4.5 million additional revenue for Pendennis Shipyard in the UK since its introduction, and as a result it has won the Best…

Sumatec Resources in Selangor, Malaysia, has ordered two 8,000 dwt double-hull product oil tanker from a Chinese shipyard for $11.6 million each. Sumatec said it had entered into a letter of intent…

Singapore based shipbuilder Pan-United Marine Limited has clinched a $49.5 million contract from Coastline Maritime Pte to construct a specialized offshore diving support vessel at its Batam shipyard in Indonesia. The value…

Ulstein Verft AS has signed a contract with Olympic Shipping AS in Fosnavåg to build yet another large, multifunctional subsea vessel, model Ulstein P101 designed by Ulstein Design AS. Olympic contracted a…

The Motor Ship?s 28th annual event is a huge successThe Motor Ship?s 28th annual conference held on 26th and 27th April at Radisson SAS Scandinavia in Copenhagen was a huge success with…

Following the earlier announcement that Aker Yards and ALSTOM intend to join forces in shipbuilding, a new company has now been established to which Chantiers de l'Atlantique will transfer its employees, assets…

The order book position of the Indian shipyards stands at $2.2 billion at present and is expected to improve further according to T.R. Baalu, minister for shipping, road transport and highways. In…

The Government Office in Vietnam has approved a proposal to establish the Vietnam Shipbuilding Industry Economic Group (Vinashin Group) by restructuring the Vietnam Shipbuilding Industry Corporation (Vinashin). The Vinashin Group would become…

The Finnish chartering and operations company Meriaura Oy will add into its fleet a new type of multipurpose deck cargo vessels ordered from the Polish shipyard, Remontowa. The vessels are designed for…

After three years of planning, the Danish-Vietnamese joint venture Aalborg Industries Vietnam opened a new production plant in the northern port city of Haiphong's An Hong Marine Industrial Zone, one of the…