Samsung Heavy Industries will deliver the world?s biggest LNG tanker to Exxon Mobil Corp.?s venture in Qatar in August. The 266,000 m3 tanker, named Mozah, is the first in a 14 ship…

Maersk?s recent orders for 34 containerships could signal a new round of boxship ordering at Korean yards in the second half of this year, analysts are predicting. On the one hand, container…

STX Shipbuilding has won an order worth 122.3 billion won ($117.3 million) from a European shipping company to build two bulk carriers for delivery by April 2011.

Chinese shipbuilding has taken another step towards extending its capabilities with news that Zhejiang Kailing Shipyard is embarking on building the country?s first cable-layer for Zhejiang Zhoushan Electric Power Company. The ship,…

Samsung Heavy Industries has received an order to build a drill ship for 739.2 billion won ($705.6 million). The deal with a U.S shipping company calls on Samsung Heavy Industries to deliver…

Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured a 2nd rig order from Atwood Oceanics Pacific Limited ("AOPL"), a wholly-owned subsidiary of Atwood Oceanics Inc. to build a deepwater semi-submersible…

Rolls-Royce has announced its intention to acquire Scandinavian Electric Holding, a supplier of packages for hybrid and diesel-electric marine propulsion systems. Rolls-Royce will purchase 100% of the equity of the company from…

Shipowners and underwriters are forking out "staggering" amounts for engine damage, a leading marine engineer and casualty expert has warned.Both "man?s inhumanity to machinery" and poor products are to blame, the Society…

Danish tanker and bulker owner D/S Norden AS plans to reduce its carbon dioxide (CO2) emissions this year by 2%. A new report by Norden revealed they have installed monitoring systems to…

The Abu Dhabi-based Al Jaber Group has awarded a $500 million contract to Chinese shipbuilder Jiangsu Hangtong Ship Heavy Industry to build and supply eight bulk carriers. "The deal that was signed…