Kleven Verft in Ulsteinvik, Norway, has signed a contract with Troms Offshore in Troms?, Norway for the building of a new, sophisticated offshore vessel. The vessel is a Multifunctional Platform Supply Vessel…

Fosnavag-based Rem Offshore in Norway has placed a contract with Kleven Verft in Ulsteinvik for the construction of an offshore supply vessel. The vessel is a Multi Purpose Support Vessel (MPSV) of…

One of Sarawak's most prominent shipyards, Yong Choo Kui (YCK) Shipyard is now ready to take more specialised orders from the oil and gas industry from around the world. Executive director Daniel…

Australia's warships should be built locally even if it costs more, a Senate committee has recommended. In its report on Australia's naval shipbuilding sector, the Senate foreign affairs defence and trade committee…

Bergesen dy ASA, one of the largest shipping companies in the world, has chosen UK engineering company Peter Brotherhood to supply two steam turbine driven alternator sets for a floating production, storage…

Hyundai Samho Heavy Industries has clinched four tankers and two VLCCs at the value of $586 million. Four tankers are ordered from a ship owner in Latin America with delivery of July…

Lamprell Shipyard in Port Khalid, UAE, has been awarded a $5.1 million fabrication contract by Aker Floating Production (Aker FP) to build the topside modules for the Smart 1 FPSO vessel, to…

Bermuda-based Golden Ocean Group Limited has ordered four Capesize 170,000DWT bulk carriers from Daehan Shipbuilding in South Korea at a cost of $72.25 million each. The newbuildings will be delivered between May…

The Middle East will require 130 floating production systems over the next five years spurring huge growth in regional shipyards and offshore repair facilities, according to a leading industry expert. Addressing the…