China Shipping Development (CSD), the nation's biggest oil and coal carrier, announced its wholly-owned unit China Shipping Development (Hong Kong) Marine Co has signed an agreement to buy four oil tankers of…

The Rotterdam-based dredging company Van Oord has placed an order for a large self-propelled cutter suction dredger which will be built at IHC Merwede's Kinderdijk shipyard. The new vessel will be one…

Dubai is studying plans to build a $200 billion mega-canal that would allow oil tankers to bypass the Strait of Hormuz. The Gulf emirate is understood to be considering the idea as…

Poland's cabinet approved yesterday a rescue plan for its debt ridden shipyards but workers and opposition politicians said the proposal would trigger large job losses and harm support among Poles for the…

Southampton councillors have approved a plan to allow US yacht builder Palmer Johnson to begin manufacturing superyachts on the former VT shipyard in Woolston. Local officials say the Palmer Johnson facility would…

Wilson, Sons logistics company will invest $40 million in the expansion of its shipyard in Guaruj?, on the coast of S?o Paulo in Brazil. The initiative still depends on environmental authorizations. "The…

POSCO and three other South Korean companies submitted their formal bids yesterday for Daewoo Shipbuilding & Marine Engineering. Korea Development Bank (KDB) said it will pick a preferred bidder in October after…

Malaysian shipbuilder Coastal Contracts has secured an $86.5 million contract to supply six offshore support vessels (OSV). Coastal has won about 1.1 billion ringgit ($139 million) worth of vessel orders this year,…

South Korean yards won half of the world's shipbuilding orders in the first half of this year, strengthening the country's dominance in the industry the government said. The country's shipbuilding yards secured…

Maersk Tankers has signed an agreement with STX shipbuilding company in Korea for the delivery of four VLCCs in 2011-2012. "We are very pleased with this order. The vessels are an important…