The Norwegian offshore company Havila Shipping ASA has entered into a contract with Havyard Leirvik AS for the building of a large subsea construction vessel based on a new developed design, Havyard…

Shipping?s lacklustre image is to be tackled head on by the formation of a new globalforum of maritime leaders. Launched at this week?s successful 2nd International Ship Management Summit in Limassol, Cyprus,…

Keppel FELS Limited (Keppel FELS) in Singapore has been contracted to build its proprietary DSS 38 deepwater semisubmersible rig for Bermuda-based Scorpion Offshore Ltd. The contract is subject to the fulfillment of…

Tsuji Heavy Industries plans to spend about 50 billion yen ($472.45 million) to construct a shipyard in China's Zhejiang Province by next April, the firm?s second shipbuilding facility since it entered this…

The European Commission has ordered Hellenic Shipyards to pay a ?230 million ($363 million) subsidy back to the Greek government with interest, saying the money gave the company an unfair commercial advantage…

Hong Kong-based Jinhui Holdings has ordered a 38,000 dwt handysize bulk carrier from Japan's Naikai Zosen at a cost of Yen4.5bn ($42.3m). Delivery is scheduled in 2012. Last week the bulker operator…

STX Group will form a consortium to bid for a controlling stake in Daewoo Shipbuilding and Marine Engineering (DSME). "Group-scale talks have been under way in jointly acquiring DSME to lessen the…

The updated software tool GL ShipManager 2.0 improves the efficiency of shipping operations and ensures compliance with industry requirements as well as internationalregulations. Simplifying and automating the administrative workload for a ship…

Damen Shipyard in The Netherlands has confirmed that, following an order for six Damen Stan Tugs 1606 and four Damen Fast Crew Suppliers in 2006 and 2007, Jan De Nul has placed…

Maersk Line reports that parent A.P. Moller--Maersk has signed an agreement with Daewoo Shipbuilding and Marine Engineering in Korea for the delivery of 16 container vessels in 2010-12. The announcement comes 10…