The Domecq Garc?a shipyard in Buenos Aires, Argentina, is slowly coming to life again after having been closed down in the 1990s. This specialized shipyard, set up in the 1970s to maintain…

The Indian shipping industry will need to send 56% of its merchant fleet to the scrapyard in the next five years according to the Indian National Shipowners? Association (INSA) and, as a…

Daewoo Shipbuilding clinched a 171,800 cbm LNG carrier from TMT Co in Taiwan with delivery of August 2010 and two 83,000 cbm LPG carriers from Brave Maritime Corporation with delivery of January…

The Greek shipping company DryShips has signed contracts to build two Panamax bulk carriers at a Chinese shipyard at a cost of $33.25 million each.

Saipem of Italy has been awarded a contract for the provision and management of an FPSO vessel by the Angolan oil company Sonangol P&P. The vessel will be used for the development…

IHC Holland Merwede has decided to commission a fourth slipway in the Netherlands, namely the former van der Giessen-de Noord slipway in Krimpen aan den IJssel, claimed to be Europe?s largest covered…

The US offshore drilling company, Dallas-based Ensco International Inc., has signed a contract worth approximately $385 million with the Keppel FELS Ltd. Shipyard in Singapore to construct an ultra-deepwater semi-submersible rig. Delivery…

Aker Drilling has decided not to exercise options that expired on 30 September this year, for delivery of another two semi submersible drilling rigs from Aker Kvaerner. Construction of the company's first…

The European Union (EU) Member States' ministers responsible for competition unanimously agreed to follow the European Commission's (EC) advice and repeal Regulation 4056/86. This Regulation, which has been in force since the…

The Singapore shipbuilder ASL Shipyard has secured new shipbuilding contracts worth a total of $32.5 million for the construction of five vessels for a customer in Europe fordeployment in the Middle East…