Nokbong Shipbuilding in South Korea clinched two 12,000DWT chemical tankers from Heung-A Shipping for delivery during second half of 2008. Total contract price is $61 million.

Seabourn Cruise Line has placed an order to build two new, ultra luxury ships, for delivery in spring 2009 and 2010. Seabourn, a division of Miami-based Carnival Corporation, has signed a letter…

Faced with fierce competition from shipbuilders in Korea, Japan and China, Europe has responded by focusing on technological supremacy and is third in terms of tonnage built and first in terms of…

Having completed extensive tests and engine trials, the 93,500 gt cruise ship Norwegian Pearl was floated out of the covered building dock of Meyer Werft and berthed at the yard?s outfitting pier…

GulfMark Offshore, Inc. in Houston, Texas, has received delivery of the newbuilding Sea Sovereign built by Jaya Shipbuilding and Engineering PTE LTD at their Batam, Indonesia yard near Singapore. The newbuilding is…

STX Shipbuilding in South Korea delivered a new product tanker to Sovcomflot JS?. Named ?SKF Neva?, this is the first product tanker of the series and the 46,520 tonne vessel is 183…

PetroVietNam Technical Services Company signed a $110 million contract with Vinashin for a new floating storage offshore (FSO) vessel. This will be the first FSO to be built in Vietnam and is…

International shipbroker and consultant Galbraith's Ltd says that demand for Suezmax tankers is expected to grow strongly in the next five years in line with large-scale expansion of crude oil exports in…

Plans for two Clyde-built Type 45 destroyers could be scrapped by the UK?s Ministry of Defence as part of a long-term £12bn budget cut demanded by the Treasury ahead of next year's…