The Dung Quat Shipbuilding has won an order from Vinashin Oil and Gas Investment and Transport Joint-stock Company (Shinpetrol) to build ten 54,000 dwt tankers. The 190-metre long and 32.26-metre wide ships…

The biggest shipyard in the Black Sea region will be built in Trabzon, a city on the coast of northeastern Turkey. The foundation of the ?Yenicam Shipyard? will be laid this month.…

Singapore-based CH Offshore Ltd, a subsidiary of Chuan Hup Holdings, has awarded a contract to Universal Shipbuilding Corporation (USC), in Japan, for the building of two anchor handling tug supply vessels (AHTS)…

Eagle Bulk Shipping in New York has signed contracts with IHI Marine United in Japan for the construction of two Future-56 class Supramax vessels. These 56,000 DWT vessels have a contract price…

Aker Yards has contracted with Stena Rederi in Gothenburg, Sweden, to deliver two innovative super ferries. The value of the contract is approximately $510 million. Deliveries are scheduled for the first and…

A leading lubricant production center, the largest a Japanese firm has established in China, recently began operation in Guangzhou, south China. . The $17 million Nippon Oil (Guangzhou) Lubricating Oil Co. plant…

The U.S. Navy placed a $1.4 billion order for the ?USS Arlington?, a new transport vessel to carry U.S. Marines. The ?Arlington? will be the next ship in the San Antonio-class of…

Merwede Shipyard, a subsidiary of IHC Holland Merwede, has received a contract for the design and construction of a new DP diving support/offshore construction vessel forSubsea 7. Merwede Shipyard secured this order…

SBM Offshore in Netherland has recently signed a contract with Shell on behalf of themselves and their partners Petrobras and ONGC for the lease and operation of an FPSO for the development…

The world's largest shipbuilder Hyundai Heavy Industries in Korea has built the world's first underwater LNG tanks. Each measures 155 metres in length and weighs 4,800 tones. The order was placed last…