Daewoo Mangalia Heavy Industries in Romania clinched four Panamax container ships. Gebab Holding GmbH & Co. KG and Conti Holding GmbH & Co. KG ordered two vessels each at a total price…

Aker Yards has signed an agreement with Kleven Maritime to acquire Kleven Flor? AS, and Kleven Design AS, both located in Flor?, Norway, at a cost of NOK 60 million including debt,…

Venezuelan state-run oil giant PDVSA confirmed its plans to order two oil tankers from an Argentine shipyard, following claims in Buenos Aires that such a project announced in July 2004 came to…

Shina Shipbuilding in South Korea clinched an order from Polyar Tankers for two 49,700 dwt product carriers for delivery during 2009. The contract has two options attached.

DNV has launched its new Nauticus Hull Software, which provides unique support for the Common Structure Rules (CSR) for both tankers and bulk carriers, only two months after the rules came into…

Samsung Heavy Industries has secured an order for a semi-submersible drilling rig from a European ship owner and an FPSO from an Asian ship owner. The $481 million rig is slated for…

South Korea's seven major shipbuilders, which delivered 38% of the world's vessels in 2005, may raise the price of new ships by 5% to take advantage of record orders and protect their…

The Hamburg based shipping company E.R. Schiffahrt, which is part of the Nordcapital Group, Hamburg, has put another container ship into service recently. Named ?E.R. Toulouse?, the latest addition is a super-post-Panamax…

Tianjin Xingang Shipyard has received an order for a third rail ferry ship from China Rail. The first ferry will be delivered on July 8 this year with the second unit following…

STX Shipbuilding clinched four 38,000 dwt product carriers from MISC at a total cost of $190 million for delivery from 2009 to 2010.