Author: Importer

South Korean yards won half of the world's shipbuilding orders in the first half of this year, strengthening the country's dominance in the industry the government said. The country's shipbuilding yards secured…

Maersk Tankers has signed an agreement with STX shipbuilding company in Korea for the delivery of four VLCCs in 2011-2012. "We are very pleased with this order. The vessels are an important…

Polish treasury minister Aleksander Grad announced last week that "To make the restructuring effective, it is necessary to provide additional public aid to the shipyards. Shipyards in Gdynia and Gdansk need z³.835…

Wärtsilä introduces two new low-speed marine diesel engines at the Wärtsilä Licensees Conference held this week in Lucerne, Switzerland. The engines are developed in co-operation with Mitsubishi Heavy Industries in Japan, taking…

BAE Systems India, subsidiary of the Britain-based global defence company BAE Systems, is planning a foray into shipbuilding besides expanding operations in India with more joint ventures and partnerships, a top company…

Shipbuilder and charterer, Sealink International Bhd in Malaysia has allocated RM50 million ($14.5 million) as capital expenditure to expand its shipyard at Kuala Baram in Miri. The company owns another shipyard located…

The Polish government on Thursday said investors interested in the privatisation of the country's ailing shipyards would present their plans in time for an EU deadline of 12 September.Following Polish promises to…

Industry has come out in support of emissions scrubbing technology in California, an industry poll has revealed. By a narrow margin, 55% of respondents to the poll on sustainableshipping.com said that "it…

Shipping analysts expect container lines to reduce vessels speeds still further as a way of cutting bunker consumption. "According to our analysis, a sailing speed of 21 knots is still far from…