Daewoo Shipbuilding & Marine Engineering has received a 1.22 trillion-won ($1.3 billion) order to build container ships. The deal from a European company calls for Daewoo to build the 9,100 TEU vessels…

STX Pan Ocean has awarded the tender for the building of two product oil/chemical tankers to STX Shipbuilding. The award followed an open tender exercise carried out over six days in January…

India and South Korea this week will lay the groundwork for defence cooperation during the first visit of a South Korean defence minister to India. The two country?s defence ministers will be…

Vancouver-based Nautilus Minerals Inc. (Nautilus) has announced that the Belgian Jan de Nul Group, one of the world's leading dredging companies, has signed the shipbuilding contract with La Naval, in Sestao, Northern…

Norwegian-based Belships ASA has entered into an agreement whereby the company will purchase building contracts for 5 supramax bulk carriers at about 58.000 dwt at a total cost of about $200 million.…

Halul Offshore Services (HOSC), the Qatari support services company, has signed a contract with the Singaporean shipbuilder Pacific Ocean Engineering for construction of four safety standby vessels at a cost of approximately…

The newly formed Dubai-based shipping company, Eastern Echo is building four ships of the ULSTEIN SX124 design. These will be the first seismic vessels of Ulstein design and will be built with…

The French shipowner Louis Dreyfus Armateurs (LDA) has completed its wide variety of services offered to the offshore industry through the acquisition of Fairmount Marine. For two years, since the common operation…

Rolls-Royce has won a contract worth approximately £50 million to supply an integrated system of design and equipment for two advanced offshore vessels to be built for Lewek Shipping, a subsidiary of…