The Canadian government is set to announce the selection of a builder for the navy's three new 28,000 tonne joint support ships with a combined price tag of $2.1 million. A consortium…

STX Group is planning to build a large-scale shipyard in Vietnam. The company confirmed that it is in negotiations with the Vietnamese government on the project and it is probable that the…

The Malaysia International Shipping Corporation (MISC), the world's biggest owner of liquefied natural gas (LNG) tankers, has placed a new order to build four product tankers. The contract value for the 38,000…

Shipbuilding has emerged as the second most important business for Dubai Drydocks which has invested $60 million in its shipbuilding infrastructure designed to open a new stream of revenues. Expansion in a…

US oil major Chevron has ordered a 100,000 barrel per day vessel-based oil rig with Dutch maritime engineering group SBM Offshore NV for its Frade project in Brazil.Chevron officials declined to give…

Aker Yards has entered into a contract with DOF ASA for the building of one Diving Support Vessel (DSV), and a contract with DOFCON and Technip for a second DSV. Aker Yards…

Sun Island finally launchedOfficials at the Bach Dang shipyard in northern Hai Phong city said on Sunday that the newly built 10,500 dwt ?Sun Island? dry cargo vessel freighter that got stuck…

The ailing Gdansk Shipyard in Poland, which went bankrupt in 1998 and has since been part of the state-controlled Gdynia Shipyard group, is up for grabs again because Gdynia group is itself…

The Department of Homeland Security in the USA has rejected an AFL-CIO complaint about use of foreign-made parts at the Aker Philadelphia Shipyard, prompting the union to vow a political fight over…

The Houston-based offshore drilling contractor Transocean Inc. has placed an order with Daewoo Shipbuilding and Marine Engineering yard (DSME)in Okpo, South Korea, for the construction of a dynamically positioned, double-hull drill rig…