STX Shipbuilding has clinched eight product carriers at the value of $400 million from shipowners based in India and Malaysia. They will be delivered by 2009.

Daewoo Shipbuilding, which is aiming for new orders worth $10 billion this year, has already achieved 45% of its target in the first three months. The company recently signed deals to build…

Hanjin Heavy Industries in South Korea secured an order for an LNG carrier from a ship North American shipowner for delivery in November 2008. Contract price is $194 million.

Shina Shipbuilding in South Korea has won four 44,000DWT chemical tankers from Stolt-Nielsen Transportation Group, a unit of Stolt-Nielsen ASA. Total contract price is $240 million.

Topaz Energy and Marine Limited subsidiary Nico International, one of Dubai's most prominent ship repair companies, will open a new ship repair facility in Bautino, Kazakhstan later this year, after completing a…

Keppel FELS Ltd has secured a contract from Diamond Offshore Drilling, for the major upgrading of semi-submersible rig for $102 million. ?Ocean Monarch? will arrive at Keppel FELS in mid 2006 for…

DNV has signed an agreement with Cosco, the world?s largest shipowner. Under their Memorandum of Understanding (MOU), DNV will provide services to support Cosco?s sustainable business developments under the United Nations Global…

RH Group receives DNV worldwide recognition Radio Holland Group (RHG) received the DNV (Det Norske Veritas) recognition for radio- and VDR surveys for all its RH subsidiaries engaged in these activities. RHG…

Australian defense officials may have thrown a wrench into government plans to build new warships in the country. In a submission to a Senate panel, the Defence Department (DP) said there was…

Northrop Grumman Corporation has been awarded type approval from the German certification authority Bundesamt für Seeschiffahrt & Hydrographie (BSH) for the Sperry Marine VoyageMaster II Simplified Voyage Data Recorder (S-VDR). The BSH…