A $90 million investment in Western Australia's shipbuilding facilities could generate billions of dollars for the state economy. The funding boost for the Australian Marine Complex (AMC) at Henderson, in southern Perth,…

Shipbuilding on the Clyde has been secured for 20 years thanks to a massive investment in new jobs and training for the next generation of workers. BAE Systems, which will spend £18.5…

Following the recent announcement of Austal being awarded six 16 metre aluminium monohull boats for the Water Police in the Australian state of New South Wales, the same design has found favour…

Daewoo Shipbuilding is rumoured to be building two dry docks in Yantai, China. The plan is to construct a 1 million DWT dry dock and a 300,000DWT dry dock in Yantai, Shandong…

Qatar Gas Transport Co. (QGTC) has enlisted international shipbuilders to construct six to eight LNG carriers at a cost of about $230 million each. QGTC expects to lease each vessel to deliver…

Fuelled by the order boom in international shipping, the tonnage classified by Germanischer Lloyd (GL) has grown to more than 50 million gross tonnage (GT). This is a milestone in the history…

The French marine lubricants supplier, Total Lubmarine, maintains that the marine lubricants industry is facing a new and deepening supply crisis compounded by a period of unprecedented raw material price increases. It…

The Singapore-based offshore services provider, Ezra Holdings, has ordered two new 12,000 bhp multi-purpose anchor handling, towing and supply vessels (AHTS) from Pan-United Marine, a wholly-owned subsidiary of Pan-United Corporation. Delivery is…

Hempel, the Danish paint manufacturer, and the Vietnam Shipbuilding Industry Corporation (Vinashin) have signed a Business Co-operation Agreement (BCA) making Hempel the preferred supplier to all Vinashin's newbuilding projects. The agreement will…

Daewoo Shipbuilding & Marine Engineering (DSME) reported that its net income in July declined 34% to $8.1 million from a year earlier. Operating profit fell 58% $9.66 million, with sales declining 30%…