Aker Yards has signed a contract with DOF ASA, through its subsidiary DOFCON ASA, for the building of a 120 metre DP3 offshore construction vessel (OCV) at a cost of $80 million.…

Carnival Corporation has exercised an option for a new 130,000gt cruise ship for its Carnival Cruise Lines brand at an estimated all-in cost of $740 million.The new 3,652 lower passenger berth capacity…

Jinling Shipyard in China is rumoured to have won an order for eight 17,700DWT multi purpose ships from Spliethoff in the Netherlands. They will be delivered from November 2008 to December 2009.…

NACKS in China delivered a 300,000DWT VLCC to Cosco named ?Cosmerry Lake?. Ship particulars are 333m in length, 60m in breadth and 29.5m in depth.

Petróleo Brasileiro S.A. (Petrobras) has awarded Stavanger-based Prosafe a charter contract for the supply and operation of a gas FPSO to operate offshore Brazil. The firm period of the contract is nine…

The strategic independence of Germanischer Lloyd (GL) has been saved following a shareholders' meeting. The executive board of the Hamburg-based classification society announced the successful defence against the hostile takeover bid by…

BAE Systems PLC and VT Group PLC are in early discussions regarding the combination of their surface ship build and naval support businesses into a joint venture.DISCUSSIONS REGARDING FUTURE JOINT VENTUREBAE Systems?…

Industry sources claim that the planned tie-up between Thales and state-run shipbuilder DCN, which has already been delayed several times, has been delayed again until next year as the companies don't plan…

India is looking to acquire up to seven stealth frigates, along with some level of joint development and technology transfer. The Request for Information (RFI) has reportedly been issued to about 12…

Venezuela's state oil company (PDVSA) has signed a deal with Brazilian industrial conglomerates Eisa and Maua Jurong to build ten oil tankers in Venezuela. The joint venture will produce at least eight…