The Office of Naval Research (ONR) today christened its new X-Craft high-speed catamaran at the Nichols Brothers Boat Builders shipyard in Freeland, Washington. The innovative X-Craft, designed by Nigel Gee & Associates,…

Thanks to buoyant demand for its ship conversion and repair businesses, the Singapore shipyard of SembCorp Marine has recorded a 21% increase in last year?s net profits at $57.5 million. Revenue also…

STX Shipbuilding, South Korea's seventh-largest shipbuilder, has received three orders worth $360 million in total to build eight oil and chemical tankers. The orders comprise of four vessels for a Cyprus-based company,…

Daewoo Shipbuilding & Marine Engineering (DSME) signed a $900 million contract with a consortium including Qatar Gas Transport Co. (QGTC) for the construction of four 216,000 cubic metre LNG carriers. Commerzleasing, a…

Astander has been awarded a contract for the conversion of the cable layer ?Provider I?, owned by a subsidiary of the Swiss Group Allseas Swiss-based Allseas Group SA, one of the major…

Br?drene Klovning Shipping in Haugesund, Norway, has ordered two 4,000 dwt chemical tankers from Volharding Shipyards in Holland. The vessels shall be delivered at the middle and at the end of 2006…

Spanish shipbuilder Izar has signed a contract with Norwegian shipping concern Knutsen to build a LNG carrier at its La Naval-Izar shipyard in Sestao near Bilbao. This is the first order for…

DNV has entered into an agreement with two universities in India, i.e. Indian Institutes of Technology at Kanpur and Kharagpur. Both universities are recognised for their excellence in the field of information…

Having received the green light from the US Navy in October 2004 to proceed toward final manufacture of a 36.5MW ship propulsion motor, American Superconductor (AMSC) has continued to make excellent progress…

STX Shipbuilding has secured a newbuilding contract for four 62,000DWT product carriers and two 10,600DWT chemical tankers from a shipowner in Cyprus. The total value amounts to $252million and all six ships…