Author: Importer

Lower bunker prices are unlikely to reverse the current trend of slow steaming for container lines according to AXSMarine?s weekly analysis of the liner market. Bunker prices have seen a sharp decrease…

Hanjin Heavy Industries has not yet made a final decision on whether to drop its $2billion shipyard project in the southern Philippines. According to a Hanjin spokesman, the project is suspended but…

John Swire & Sons affiliate China Navigation has confirmed it has ?postponed? its first newbuilds for ten years. The six 40,000 dwt multipurpose vessels costing a combined $360m were put on hold…

Abu Dhabi Ship Building (ADSB), the only dedicated naval shipbuilding and repair facility in the Arabian Gulf, has been awarded a contract by the Bahrain Naval Forces to construct two 42-metre steel…

SAFEDOR is about to complete its four year R&D programme. To mark this event, partners of SAFEDOR will present the latest and overall results of their work at a public conference at…

China's shipbuilding industry has been facing tough market conditions in the second half of this year and, to handle the problem, the Ministry of Industry and Information Technology has declared it will…

Global ship orders tumbled 90% last month as the credit crunch damped world trade and made it harder for shipping lines to borrow money, according to Lloyd's Register. Shipowners ordered a total…

The first vessel built to comprehensive new global standards for ice-class vessels was unveiled when the Primorsk Shipping Corporation (PRISCO) named the Prisco Alexandra, a 51,000 dwt product tanker built in Korea…

Shortly after 1 pm Sunday afternoon, the large gantry crane at the Odense Steel Shipyard was suddenly and unexpectedly hit by an extreme gust of wind resulting in the crane travelling uncontrolled…

Daewoo Shipbuilding and Marine Engineering (DSME) and Intelligent Engineering (IE) entered into a joint venture agreement for the use of SPS (sandwich plate system) technology in shipbuilding. Although SPS has become widely…