Norwegian shipbuilder Aker Yards said in a recent statement that it was revising its 2007 earnings forecasts down as a result of challenges, mainly to do with ferry projects at its three…

The recent launch of Australian Incat yard?s 112-metre wave piercing catamaran set new milestones for high speed light craft (HSLC) shipping. The vessel, named the Natchan Rera, is the world?s largest diesel-powered…

Fred. Olsen Cruise Lines Ltd. has announced plans to lengthen and upgrade another of its cruise ships during 2008. The Braemar will undergo the work during its dry dock period scheduled for…

Lyngs? Marine of H?rsholm, Denmark, a subsidiary of SAM Electronics, has been awarded a major contract for supply of integrated automation packages for installation aboard a series of 14 54,000 dwt bulk…

President Vladimir Putin has signed a decree merging the country's top energy shipping companies in a move to create a $5 billion national shipping giant and help develop the country's huge offshore…

The Vietnam Shipbuilding Industry Corporation (Vinashin) recently delivered a 53,000 dwt bulk carrier, the largest ever built in Vietnam, to its UK owner in northern Quang Ninh province. Named ?Florence?, the newbuilding…

Adelaide in South Australia will become the home of Australian naval ship building following the latest defence contract. The Royal Australia Navy is to get three new air warfare destroyers and two…

Hanjin Heavy Industry has secured a $224 million shipbuilding order from a new European client on the back of increased shipping volumes and fees. Delphis of Belgium placed an order for Hanjin…

Daewoo Shipbuilding & Marine Engineering has obtained a combined $800 million worth of orders from two international customers. The South Korean shipbuilder said an unidentified US shipowner ordered an oil drill ship…