South Korean shipbuilder STX is surveying locations in Ninh Hoa District in the Khanh Hoa Province in Vietnam to build a 350-hectare shipyard. The planned shipyard, which is projected to cost $500…

Exmar, the Belgian shipping group, is going ahead with the OPTI-EX Floating Production System and is also considering a separate listing of its offshore division. The company has signed a letter of…

The Tasmanian shipbuilder Incat has secured a contract to supply a new fast ferry for one of Spain?s largest shipping companies, Acciona Trasmediterr?nea. When delivered in August, the new 98 metre vessel…

Hyundai Mipo Dockyard in Korea clinched four general cargo carriers at a total price of $244 million. Ordered by the Norwegian shipping company Grieg International, they will be delivered by February 2010.

The Sultanate of Oman and Austal signed a contract for two 65 metre, 50 knot, multi-purpose passenger-vehicle catamaran ferries. The identical aluminium vessels, scheduled for delivery in 2007 and early 2008, have…

South Korea plans to invest $3.4 billion over the next 10 years to nurture the nation's marine technology, the government said recently. A total of $3 to $4 billion will be spent…

Italian classification society RINA has launched a series of dedicated training courses for ship operators and shipyards, under the banner of the RINA Academy. Courses are currently available in the RINA head…

News that the US Navy's new destroyer/cruiser replacement ? DD(X) ? has been axed comes as a major blow to the Navy and to the US military in general. DD(X) has been…

The Dutch-based company Fugro has signed a long term charter agreement (with a purchase option per 2013) with E Forland Shipowners for a new-build ROV offshore construction and subsea support vessel. The…

Halul Offshore Service (HOSC), a leading Qatari offshore support services company, has signed a contract with a Singapore-based ship builder for the construction of four safety standby vessels at a cost of…