Author: Importer

Austal has announced what it terms “a rationalization of its Australian operations and workforce as a result of the impact of changed market demand for smaller sized vessels.”

Korea’s Hanjin Heavy Industries’ shipyard in the Philippines, HHIC-Phil, has signed a newbuilding contract with an unspecified European shipowner to build eight 205,000 dwt bulk carriers worth around $500m in total.

Sixty container ships representing just over 100,000 TEU have been removed from the fleet since the beginning of the year, according to Alphaliner records.

International goal-based standards for new ship construction are set to be adopted when the Internation Maritime Organization Maritime Safety Committee (MSC) meets at IMO headquarters for its 87th session from 12 to…