Samsung Heavy Industries (SHI) has signed a $160m contract with Gulf Energy Maritime (GEM) for the construction of two high specification LR2 double-hulled Aframax tankers. Upon delivery by end 2011, the two…

The Ministry of Labour and Social Security in Turkey announced on Tuesday that three shipyards in Istanbul?s Tuzla district, the site of numerous work-related fatalities in recent years, have been shut down…

Havila Shipping ASA has entered into a contract with Havyard Leirvik for the construction of an offshore IRM (inspection, repair and maintenance) vessel, Havyard 855. The vessel is developed by Havyard Maritime…

Aker Yards has delivered a "superspeed" day ferry for Color Line Transport AS. The vessel built at the Rauma yard in Finland is the first in a series of two. The second…

Last year, Singapore-based Jurong Shipyard exited its joint venture in Maua Jurong, near Rio de Janeiro, and had signed a memorandum of understanding with WTorre Empreendimentos Imobili?rios to establish a yard in…

South China's Jiangmen Yinxing Shipbuilding has plans to invest CNY 228m ($31.9m) to build a 50,000-tonnage shipbuilding addition to the current yard. The 15 hectare expansion is scheduled for completion by 2010…

Bangladesh will enter the international shipbuilding market when the country one of the biggest shipyards in the country, the Chittagong-based Western Marine Shipyard Ltd, will deliver next week two 4,100 dwt dry…

Dung Quat Shipbuilding Company, part of the Vinashin group, recently began the building of the first of three 105,000 dwt oil tankers for PetroVietnam Transportation Company (PV Trans). It is the largest…

COSCO Shipyard Group's (CSG) main shareholder, Cosco Corp, has plans to buy foreign ship repair yards as China is getting too expensive. CSG itself has become a major shipbuilder bagging $6.6bn of…

Mitsubishi Heavy Industries (MHI) announced that the 1,200-ton goliath crane installed at the Koyagi plant of its Nagasaki Shipyard became operational this week. The crane is the largest in Japan today and,…