The 43 maritime authorities of the Paris and the Tokyo Memoranda on port state control will begin a joint concentrated inspection campaign with the purpose to ensure compliance with SOLAS Chapter III…

Half of the offshore support vessel newbuildings slated for delivery in 2009 will fail to hit the water this year, ODS Petrodata says. A maximum 200 of the planned 393 anchor handlers…

Keppel Corp has been forced to cancel a newbuilding order worth SGD181m ($122m) after the owners failed to finance the project. The Singapore yard said it had received a notice from Romanian…

Subsea 7 has started construction on its next pipelay and offshore construction vessel as part of a $1bn investment campaign. The Aberdeen-based ship owner said steel was cut on the Seven Pacific…

The ship services network, Wilhelmsen Ships Service (WSS), has packaged its ships agency services together with its Unitor range of marine products, technical services and maritime logistics into an integrated offer for…

The US Navy has announced a contract for the construction of a second Austal-designed and built Littoral Combat Ship (LCS). Awarded to prime contractor Bath Iron Works, a General Dynamics company, the…

BAE Systems and VT Group in the UK are poised to sign a ground-breaking joint-venture agreement to merge their shipyards into a national champion. The new entity, to be called BVT Surface…

China Shipping (Group) Co., the nation?s second-biggest sea-cargo company, plans to order dry- bulk ships this year as prices fall on overcapacity concerns and the global recession. "We?ll never give up on…

The estuary of Narmada river, in Gujarat, India, is all set to become the lifeline for shipbuilding activities of India. In a move with far-reaching consequences, the Gujarat government has decided to…

Samsung Heavy Industies is part of the Atlantico Sul (AS) consortium which last week received news it is to receive Reais 542m ($248m) from the Brazilian National Development Bank (BNDES) to build…