UK's Secretary of State has announced the building of Britain's largest ever naval ships and orders will now be placed for the two new aircraft carriers. The ships will have a displacement…

Just five years after it was founded, Stocznia Szczecinska Nowa (SSN) is facing bankruptcy. The Polish shipbuilder is supposed to get PLN 100-200m (EUR 26.6-53.2m) of capital and PLN 34m of credit.…

Danish maritime company Erria A/S has awarded the Chinese shipbuilder Rushan Shipyard a newbuilding contract for three chemical tankers. The contract covers a firm order for three 6,500 DWT chemical tankers and…

Aker Yards has entered into a contract with Portosalvo Ltd. for the building of one 4,800 DWT Platform Supply Vessel based on the design Aker PSV 09 CD. The value of the…

Shanghai-based shipbuilder Guangzhou Shipyard International expects a massive increase in its net profits for the first half compared with a year earlier. Guangzhou Shipyard, controlled by the country's biggest shipbuilder China State…

South Korea's Daewoo Shipbuilding & Marine Engineering has won an order from an undisclosed South American country worth $633 million to build a semi-submersible drilling rig for delivery in August 2010.

Singapore shipbuilder ASL Marine Holdings has secured new shipbuilding contracts worth $67.5 million from European clients. The contracts are for one 90 metre DP-2 subsea operation vessel, two Rotor tugs and 2…

Vietnam's state-run Vinashin Business Group will build sixteen 316,000 DWT cargo ships for Indian and Israeli shipping firms. This will be the largest ships to be built in Vietnam and they will…

ABG Shipyard in Mumbai, India, has secured a major order for 12 bulk carriers of 32,000 DWT at a total price of $360 million from Precious Shipping Public Co. Ltd. (PSL), Thailand,…

Edda Accommodation, a company of the Norwegian ?stensj? Group, is currently building a highly specialized offshore support vessel which will be driven by five Voith Schneider Propellers. While this new supply vessel…