The Letter of Intent (LOI) for a roro-passenger ferry signed on 23 December 2005 by Aker Yards and the French company Brittany Ferries has now been confirmed as a firm contract worth…

Norwegian coating manufacturer, the Jotun Group, will spend $37 million building a wholly-owned factory in Zhangjiagang in a bid to meet the rapidly-growing demand in China. The new factory, with a capacity…

In order to increase production, Daewoo will be introducing new equipment this year including a 3,600-tonne sea crane which will be operational in April. A floating dock will also be completed soon…

VT Halter Marine will be building a fourth fisheries survey vessel for the National Oceanic and Atmospheric Administration. Construction on the estimated $30 million vessel is expected to begin in late May…

Fast expanding Gulf Energy Maritime (GEM) has ordered four high spec double hulled handymax 47,000 dwt chemical/product tankers at Hyundai Mipo Dockyard at a cost of $180 million. The four tankers are…

Keppel Corp, the world's largest maker of shallow-water oil rigs, is among six groups that have bid for contracts to build $1.3 billion of oil and gas tankers for Petroleo Brasileiro SA,…

Unithai Shipyard and Schelde Naval Shipbuilding have been awarded a contract by the Royal Thai Navy to build a 66-metre multipurpose vessel for conducting hydrographic surveys and mine countermeasures, the first of…

SPP Shipbuilding (formerly Dong Yang Shipbuilding) will build a newbuilding facility at Sacheon city, nearby Jinhae where STX Shipbuilding is located. In the first stage, the shipbuilder will invest W 120 billion…

Hyundai Corporation has risen as a major player in the global small and middle sized vessel market as ?Qingdao Hyundai Shipbuilding,? a company it launched last June in China, has successfully won…