Author: Importer

Greek owner Laskaridis Shipping appears to be eyeing the possibility of cancelling its order for seven 75,000 DWT bulkers it placed earlier with emerging Chinese shipyard Penglai Zhongbai Jinglu Ship Industry. The…

Kockums, the Swedish subsidiary of ThyssenKrupp Marine Systems, has signed a licensing agreement with the Japanese shipyard Universal Shipbuilding Corporation (USC). The licensing agreement gives USC the right to use Kockums' GRP-sandwich…

It is unacceptable to place orders at foreign shipyards if similar ships can be built in Russia according to the press center of RF Government citing RF Prime Minister Vladimir Putin as…

Qatar investor wants to buy the historic Gdynia shipyard in Poland according to a report in the Polska newspaper. The investor is thought to be Qatar Investment Authority QIA), which is interested…

Container shipping faces a long recession that will force some lines out of business, AP Moller-Maersk chief executive Nils Andersen predicted. He cast doubt on whether urgently-needed consolidation could be achieved, given…

Shipping markets face at least two more years of strife as newbuildings stifle rates, Tor Olav Troim says. John Fredriksen's lieutenant also feels the time is not yet right to pick up…

Four domestic yards are in the running for a Russian state tender to build a rescue and salvage vessel. The federal agency of the Russian sea and river fleet, Rosmorrechflotom, says the…

There are few more dirty and dangerous jobs than scrapping old ships with scores of poorly equipped workers being killed each year in South Asia where most ships are broken apart. The…

Iridium reports that its new-generation global marine satellite communication system, Iridium OpenPort, has successfully completed sea trials on a number of different vessels, and worldwide commercial rollout is now underway."The feedback from…

Rolls-Royce has won an order to design and equip a UT 755LN offshore support vessel (OSV) with an integrated power, propulsion and motion control system, for use in the Canadian oil and…