Author: Importer

State-run CSBC Corp, Taiwan, (CSBC) plans to sell a majority of its shares in line with its goal of completing its long-delayed privatization by the end of this year. The proposed share…

With almost all Asian shipyards focusing on increasing their output in order to meet their bulging order backlogs, this is hampering innovation in ship designing according to Arild Iversen, chief executive of…

Golden Ocean Group Limited (GOGL) has placed a newbuilding contract with the Chinese shipbuilder Zhoushan Jinhaiwan Shipyard (Jinhaiwan) for two 80,000 dwt Kamsarmax bulk carriers for delivery during 2011. The contract includes…

The Italian shipbuilder Fincantieri and the French owner Compagnie des Iles du Ponant, part of the CMA CGM Group, have signed a preliminary agreement to build two super luxury cruise ships. By…

The Qatar shipping company Nakilat has awarded a major contract to Hyundai Samho Heavy Industries Company Limited and Hyundai Corporation (acting collectively as the contractor) for ten jib cranes. The contract, which…

Dongkuk Steel Mill Co, which sells 30 % of steel used by South Korea's shipbuilders, raised the price of heavy plates by 13 % as yards face record orders for vessels. The…

The International Chamber of Shipping (ICS) has updated its Code of Practice on Shipping and the Environment. The expanded 4th edition is intended to provide a concise but comprehensive summary of the…

The German heavy lift shipping company Schiffahrtskontor Altes Land GmbH & Co. KG (SAL) has named the first of eight new heavy lift vessels to be built by the German yard of…

Singapore-based Keppel Shipyard Limited has secured contracts worth over S$215 million ($152 million) for the conversion of tankers to floating, production, storage and offloading units.These include the conversions of a tanker for…

Singapore-based ASL Marine Holdings Ltd. posted 23.7% increase in revenue to S$193.4 million ($136.7 million) on the back of higher value shipbuilding projects and increase in ship repairing and conversion jobs during…