Samsung Heavy Industries in South Korea said this year?s orders for new vessels and offshore platforms may fall as much as 21% as demand weakens from a record 2006. New contracts may…

ABG Shipyard in Mumbai, India, has secured a repeat order from Gujarat Ambuja Cements (GACL) for the construction of a 4,000 DWT self-loading & unloading bulk cements carrier at a price of…

Western India Shipyard Ltd has diversified into the lucrative areas of offshore rig repairs and ship building with a view to fully utilize the facilities of its dry dock and wet repair…

Samsung Heavy Industries in South Korea will more than double purchases of steel plate from China next year because it can't get enough from suppliers in South Korea and Japan. The company…

Maersk Supply Service has confirmed that it has signed a contract for construction of four multi-purpose anchor handling tug supply vessels (AHTS) with Volkswerft in Stralsund, Germany.The four vessels will be upgraded…

Venture Production plc (Venture), the Aberdeen-based UK independent oil andgas production company, has awarded Sevan Marine ASA in Norway a contract for the provision of a second FPSO to be deployed in…

The Mumbai-based Garware Offshore Services is in talks with Norwegian shipyard Havyard Leirvik AS over a cross marketing deal involving ONGC and the Shipping Corporation of India. ONGC and SCI need about…

South Korea?s big three shipbuilders, Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries plan to keep newbuilding ship prices at record highs for a third year as they…

Kleven Verft in Ulsteinvik, Norway, has signed a new contract with Siem Offshore Inc for the building of one new, sophisticated vessel. The contract has a value of $56 million. The vessel…

Iran may need to place orders for 15 to 20 LNG tankers once the South Pars LNG deal goes through, according to managing director of National Iranian Tanker Company (NITC). The purchase…