MARCH 10, 2014 — Dubai headquartered United Arab Shipping Company (UASC) has exercised a final option at South Korea’s Hyundai Heavy Industries, adding an additional 18,000 TEU containership to eleven 14,000 TEU
MARCH 7, 2014 — Eastern Shipbuilding Group, Inc., Panama City, FL, recently delivered Bravante VI to Boldini S.A, a member of Brazil’s Bravante Group. The vessel is the second of five STX
MARCH 7, 2014 — Norway’s Bergen Group is selling the shipbuilding contracts for two ST 259 CD design offshore construction vessels to Kleven Verft. The contracts were signed between Bergen Group Fosen
MARCH 6, 2014 — A report from the Australian National Audit Office says that the country’s three ship Air Warfare Destroyer project is Australian $302 million above budget and is likely to
MARCH 6, 2014 —Athens headquartered Paragon Shipping Inc. (NASDAQ: PRGN) says it has signed shipbuilding contracts for three eco-design 81,800 Kamsarmax dry bulk carriers. They will be built at China’s Jiangsu Yangzijiang
MARCH 5, 2014 — Scana Industrier ASA reports that its subsidiary Scana Propulsion has signed a contract with Vard’s Brattvåg shipyard for delivery of a propulsion system for the Arctic AHTS ordered
MARCH 3, 2014 — Sovcomflot, Russia’s largest shipping company, has taken delivery of its latest LNG carrier, the Velikiy Novgorod, from South Korea’s STX Offshore & Shipbuilding. It is the fifth LNG
FEBRUARY 27, 2014 — Singapore’s Sembcorp Marine is starting the year with significant orders. Yesterday it announced that its PPL Shipyard had signed a turnkey jack-up rig contract worth US$214.3 million with
FEBRUARY 25, 2014 — Fireworks marked the first cut of steel in a ceremony last night as construction of TOTE, Inc.’s new Marlin Class, the first liquefied natural gas (LNG)-powered containerships in
FEBRUARY 25, 2014 — Fremantle, Western Australia, headquartered Mermaid Marine Australia has agreed to pay Singapore $625 million (about US $495 million) to buy the entire issued and paid up share capital