Two shipyards of international standards are being planned in India and, when completed, they will have the capability to build vessels in excess of 300,000 dwt. At a cost of $656 million…

Daewoo Shipbuilding has announced its ?2011 Medium Term Strategy? which aims to earn $15.6 billion in turnover by 2011. To achieve the goal, DSME will build 75 commercial ships from shipyards in…

The Gdansk shipyard in Poland wants to acquire part of the assets of its former owner to compensate its debts. This, however, may deter potential investors for Stocznia Gdynia shipyard. The first…

With oil exploration and production on the increase, Indian shipbuilder ABG Shipyard is planning to foray into offshore jack-up rig manufacturing. The company is setting up a facility for the production of…

The state-owned Shipping Corporation of India (SCI) will seal a deal later this month to r acquire six ships at an estimated total cost of over $1 billion. Sources close to development…

China State Shipbuilding Corporation (CSSC) and the government of the Fengxian District of the Municipality of Shanghai have signed an outline agreement to establish the country?s largest yacht building facility, in the…

Taiwan Maritime Transport (TMT) has placed an order for a third LNG carrier with Daewoo Shipbuilding & Marine Engineering (DSME) as part of a package of contracts worth $430m. The yard did…

Japanese multimodal shipping company Mitsui O.S.K. Lines has planned major investment in Vietnam?s port and shipping industry with the focus on major services such as port logistics, shipping, marine human resource training…

The Vietnam Shipbuilding Industry Corporation (Vinashin) reported an output value of over VND9 trillion ($567 million) and revenues of over VND5.6 trillion ($351 million) in the first nine months of 2006. The…

Intertanko, the association of independent tanker owners and operators ofoil and chemical tankers, is planning to propose that the world's shippingindustry switch from residual fuel to distillate fuel to further reduceseaborne air…