Moscow-based Sovcomflot and Admiralty Shipyards have signed a contract for the construction of three 47,400 DWT product carriers which extends this series of product carriers to 9 vessels. The seventh and the…

The privately owned Indian shipbuilder ABG Shipyard has secured a contract worth $30 million for the construction of three 90 tonne bollard pull Anchor Handling Tugs from Lamnalco of Cyprus. The shipbuilder…

The Tasmanian fast ferry shipbuilder Incat hopes to expand its staff by several hundred following an approach by a European client and another for two 112-metre cats from a Japanese company, with…

GT North of England P&I club is warning shipowners to start preparing now for the introduction of stringent new international and national ballast regulations. The club has just published a detailed analysis…

Diana Shipping, the Athens-based transportation company specializing in dry bulk cargoes, has taken delivery of a new Panamax bulk carrier, the ?Coronis?, from Hudong-Zhonghua Shipbuilding in Shanghai China. The ?Coronis? is a…

Yayasan Sabah Group is set to play an active role in the chemical marine transportation industry, planning to expand its involvement in this sector with the acquisition of more tankers. The group,…

National Shipping Co. of Saudi Arabia is buying as many as 17 VLCCs and chemical tankers. The company plans a five-year acquisition program under which it will buy at least nine VLCCs…

Daewoo Mangalia Heavy Industries in Romania will pay the equivalent of 3.6 million euros for the takeover of Mangalia Shipyards from the Ministry of Economy and Commerce (MEC). According to a press…

"K" Line Bulk Shipping (UK) Ltd, the London-based regional headquarters company of Kawasaki Kisen Kaisha ("K" Line), has ordered a new-design bulk carrier from Oshima Shipbuilding. Developed by the Japanese shipbuilder, the…

STX Shipbuilding in South Korea launched a 51,000DWT product carrier for an Italian owner which was built using the skid launching system (SLS). Shipbuilding period of the product carrier was reduced from…