Radio Holland Group B.V. (RHG) has announced that Imtech N.V. intends to acquire its shares. The acquisition will almost double the revenues of Imtech in the maritime market and place it in…

Korea Line has ordered a 105,500DWT tanker from an unspecified shipbuilder outside South Korea. Contract price is $60 million with delivery during first half of 2008. This is the first time this…

Aker Yards has entered into a contract with DOF ASA, through its subsidiary DOFCON ASA, for the building of two large construction vessels, with an option for two sister vessels. The value…

Petroleum Geo-Services ASA (PGS) in Norway has signed an agreement to build a new third generation Ramform vessel at Aker Yards, Langsten. The agreement is subject to satisfactory completion of a final…

Qingdao Hyundai Shipbuilding in China has completed the construction of its first ship since its establishment. The shipbuilder finalized sea trial of a 6,000DWT multi-purpose ship ?Finnland? ordered from Navalis. Ship particulars…

Hyundai Heavy Industries has completed another ship block factory in Ulsan at a cost of $186 million and will have an output of 110,000 tonnes per year.

A delegation from Kuwait Oil Tankers Company (KOTC) will visit China and Japan to evaluate companies that could qualify to build six new tankers for the company. The company plans to build…

Keppel Offshore & Marine Ltd (Keppel O&M) has signed a letter of intent with Qatar Gas Transport Company Ltd. (QGT) to jointly develop and manage a major new facility in the Port…

The Broström fleet will expand by a further six 17,000 DWT product and chemical tankers to be built in Turkey under an extended co-operation with the partner Dünya Shipping in Istanbul. The…

The U.S. Coast Guard (USCG) has certified Northrop Grumman Corporation as an authorized annual service provider for shipboard voyage data recorders (VDRs). The certification was awarded to Northrop Grumman?s Sperry Marine business…