Dutch bank ABN Amro's specific purpose company CDC in Brazil has signed a contract with Brazil's federal energy company Petrobras to build the topside of the P-53 FPSO. This FPSO will produce…

The revised and expanded Rules for Materials and Components of Germanischer Lloyd (GL) are now available. The Rules define the properties of various metallic materials and lay down the requirements for the…

NorseMerchant Ferries, recently acquired by Norfolkline, has introduced its latest Italian-built passenger/freight ferry onto the Irish Sea ahead of schedule. The ship in question is the 26,500 gt ropax ferry Mersey Viking,…

Norwegian-based IM Skaugen (IMS) has ordered the first four of a series of 10 specialized combination carriers capable of handling both LPG/Ethylene and organic chemicals. These newbuildings are planned to be built…

The Vietnam Shipbuilding Industry Corporation (Vinashin) recently started its construction of a container production plant in Lai Vu commune, Kim Thanh district, Northern Province of Hai Duong. The plant, the first of…

The French government has announced a tie-up between defence company Thales SA and state-owned warship builder DCN, a long-anticipated deal seen as a step toward wider consolidation in European shipbuilding. The government…

The British government gave approval for an alliance of five shipbuilders to press ahead with designing the biggest warships ever built in the UK. The Aircraft Carrier Alliance consortium would also now…

Korea Gas Corp., the world's biggest buyer of liquefied natural gas, is seeking a $938 million loan to purchase four LNG tankers for a joint operation it is setting up with three…

The Letter of Intent for two fast ropax day ferries signed on 2 November by Aker Yards and Color Line has been confirmed as a firm contract worth approx. EUR 250 million.The…

Carnival Corporation has reached an agreement with Italian shipbuilder Fincantieri for the construction of four new cruise ships worth more than $2 billion. The contract, which is subject to the approval of…