According to an April 13 report from the People’s Daily Online, the China Shipbuilding Industry Corporation (CSIC) and Singapore's Pacific International Lines (PIL) opened a joint venture - CSIC Pacific. Speaking at the opening of the company…
According to an April 14 from The New Nation, Denmark has assured Bangladesh of providing more support to the country's power, energy, ship building industry and trade and business sectors for socio- economic development of Bangladesh. The assurance…
Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned Brazilian subsidiary, Navegantes Maritime Construction and Services, has entered into an agreement with Brazil’s TWB Group to acquire the Estaleiro TWB shipyard in Navegantes…
According to an April 12 report from The Wall Street Journal, South Korea's shipbuilders are making a big push to diversify away from their notoriously cyclical industry. New contracts won by Korean shipyards for cargo container carriers and other commercial ships plunged 81% in 2009 to 3…
According to an April 11 report from the Times of India, ABG shipyard's hi-tech Maritime Institute at Ichhapore is set to be ready by the end of this year. (Source: Times of India)
Star Bulk Carriers Corp. (NASDAQ: SBLK) has signed a contract with ship-builder Hanjin to build a second capesize vessel of 180,000 deadweight tons, a sistership to the first vessel ordered, with expected delivery in November 2011. The company…
Defense industry analyst, Loren Thompson, in an April 7 Press Register story, questioned whether Northrop Grumman Corp.'s recent focus on profit margin will lead it to get out of the shipbuilding industry and sell its Pascagoula shipyard. That's not necessarily bad news for the 12…
According to an April 5 report from the Wall Street Journal, Great Eastern Shipping Co. Ltd, India’s biggest private ocean carrier, has ordered three new oil super tankers or so-called very large crude carriers at South Korea’s Hyundai Heavy Industries Co…
ST Engineering announced that its US shipyard VT Halter Marine Inc (VT Halter Marine), has signed a contract with subsidiaries of Overseas Shipholding Group, Inc. (OSG) to build two 8,000 ATB tugs worth over $21m. VT Halter Marine is the U.S…
A subsidiary of Diamond Offshore Drilling, Inc. has awarded dockside shipyard work on the Ocean Baroness semisubmersible-drilling rig to Signal International, LLC. The rig is currently docked at Signal’s Pascagoula Mississippi East Yard undergoing mooring chain inspection and chain locker repairs…
According to a March 30 report from The Cholsun Ilbo, Korea regained its top spot in the global shipbuilding industry, beating out China in terms of new orders in the January to February period. London-based market researcher Clarkson said in…
Star Bulk Carriers Corp. (NASDAQ: SBLK) announced that it has signed a contract with ship builder Hanjin to build a Capesize vessel of 180,000 deadweight tons, at a price of $53.5m with expected delivery in September 2011. The company has also…
STX Europe has, through its wholly owned subsidiary STX Norway Offshore AS, signed contracts for building of three special purpose vessels for a new foreign client. The vessels will be delivered in Q4 2011, Q2 2012 and Q3 2012. The vessels are designed to satisfy the general requirements of salvage…
Strategic Marine’s Singapore shipyard is currently implementing an infrastructure development plan to be completed by 2011. Strategic Marine Singapore recently signed a contract to build four electric powered water taxis for Singapore tourism company Russell Rocks Pte Ltd…
St. Johns Ship Building, Inc was awarded contract to construct a 190-ft Landing Craft for G & G Shipping out of Fort Lauderdale, Fla. This will be the fifth vessel of its fleet which joins others built by St. Johns. The vessel designed by Frank Basile of Entech and Associates…
