London: Dalian Shipbuilding Industry Group, China's top shipbuilder, has moved further up the global shipbuilding table after the June orderbook is taken into account, according to Clarkson Research Services. Although Korean yards dominate...
Seoul: Samsung Heavgy Industries has signed a deal with a Brazilian consortium to build and operate a new shipyard in Brazil at Suape in Atlantico. The Atlantico consortium is planning a $200m yard with a 360-metre dock. The consortium won an...
Washington: The US House of Representatives and Senate have passed different versions of a bill to restructure the government panel that scrutinises foreign purchases of US companies. They follow the security controversy that erupted last year...
Tokyo: MOL has announced that all crew on its car carrier, Cougar Ace, disabled at sea south of the Aleutian Islands on Monday, have been airlifted off the ship. US Coast Guard and US Airforce helicopters took just an hour to remove 23 officers...
Koje Island: Samsung Heavy Industries has awarded Hamworthy its first onboard LNG regasification plant order for two LNG Shuttle Regasification Vessels (SRVs) to be delivered during 2008 and 2009. The vessels have been ordered by Höegh LNG, with...
Taipei: Evergreen reports it has entered into a slot charter agreement with Hanjin Shipping covering two new services. It will charter slots on Hanjin's US/South America (ECAS) service, which began July 25, while Hanjin will take slots on...
Singapore: Singapore shipbuilder and property developer Keppel Corp has announced second quarter net profits up 43% at S$239.8m. The result, higher than analyst expectations, boosted half-year earnings to S$445.98m - up 31% on the equivalent...
Tokyo: Nippon Yusen Kaisha has won a repeat one-year contract from Taiwan Power Company to transport 1m tonnes of coal to Taiwan from Indonesia and Australia beginning this month. It points out that is the only Japanese shipping company to have...
Shanghai: Frontline says it has ordered two 153,000dwt suezmax newbuildings from Jiangsu Rongsheng Heavy Industries Group, for delivery in November 2008 and February 2009. Contract price was undisclosed. [26/07/06]
Mumbai: Tata Group, one of India's largest conglomerates with 93 businesses including the country's leading private steel producer, is reported to have signed an MoU to form a 50:50 joint venture with NYK of Japan. [26/07/06]