General News

South Korea's newly-established shipbuilder Shin An Heavy Industries has ended its orders drought and received a new contract for a heavy lift vessel from compatriot Hanjin Corporation. The 12,300 dwt newbuilding is…

Export ship orders in Japan dropped for the 10th consecutive month in July on a year-on-year basis, tumbling 63.2% to 950,820 gross tons, according to figures released by the Japan Ship Exporters'…

South Korea's Doosan Engine, which specializes in building vessel diesel engines, achieved 60 million bhp in aggregate production recently. This milestone was reached in world record time, just 25 years after completing…

Brazil's Transpetro, the shipping arm of Petrobras, is inviting 19 shipbuilders, including nine foreign companies, to bid on a contract for eight LPG carrier newbuildings. The vessels include four 7,300-cbm gas ships…

The Greek shipping company Navios Maritime Holdings Inc. announced that it has reached an agreement to acquire two 180,000 dwt Capesize vessels, currently under construction at the same South Korean Shipyard, to…

The first Iranian-built ocean vessel named 'Iran-Arak' is ready to be launched according to local press reports. The 2,200 TEU container carrier is 185 m long, 30 m wide and has a…

Drydocks World ? Southeast Asia Pte. Limited (DDW-SEA), the Southeast Asian subsidiary of Drydocks World, has delivered five vessels. These are Endeavor, Greatship Ahalya, Mermaid Vision and Ark Dartmoor from their Drydocks…

A ray of hope emerged Tuesday for two struggling Polish shipyards as the government said Qatar's national investment fund could step in after the failure of their sale to Qatari investors. "I…

The Liberian Registry has taken a lead in the fight against piracy by producing an innovative computer-based program specifically designed to train seafarers and company security officers in the practices necessary to…

The cruise ship 'Marco Polo', whose round-Britain cruise had to be cancelled because hundreds of passengers became ill with the vomiting bug Norovirus, has been totally disinfected by SitexOrbis' revolutionary infection control…

The storm of order cancellations is sweeping over the global shipbuilding industry in the wake of the financial crisis, particularly in South Korea. According to unofficial statistics from China Association of National…

The naming ceremony for the VLCC "Athenian Victory" took place on 19 August at the world's largest shipyard Hyundai Heavy Industries in Ulsan, Korea. The delivery to its owner, the Greek shipping…

Singapore offshore vessel builder and operator Jaya Holdings says it is in the process rationalising its newbuilding program by delaying and cancelling newbuilding orders because of cash-flow problems. The shipbuilder is undergoing…

Newspapers in Germany last week speculated that the three Blohm + Voss shipyards, part of ThyssenKrupp Marine Systems (TKMS) in Germany, could be up for sale following reports that negotiations are in…

Tsuneishi Heavy Industries? shipyard in Cebu (THICI), the Philippines, has recently completed a $250,000 expansion project to build a fourth slipway. This will enable the shipbuilder to construct bulk carriers up to…

Hantong Ship Heavy Industry (HSHI), located in Jiangsu Province, has become the latest Chinese shipbuilder to win a clutch of newbuilding contracts, with an order for seven bulk carriers worth around 1.4bn…

The National Iranian Tanker Co (NITC) confirmed it will order 12 VLCCs in China on the strength of guarantees from China's export-import bank. Brokers reportedly claim that NITC will build six vessels…

South Korean shipbuilder Dae Sun Shipbuilding & Engineering recently won a contract with a compatriot shipowner to build a new Ro-Ro vessel. This is Dae Sun's first newbuilding order in twelve months…

'K'" Line in Japan has ordered a 32,000 dwt bulker from Hakodate Dock, owned by Namura Shipbuilding. The vessel will replace the shipowner's 1996-built 24,000 dwt vessel which was sold in July.…

Cebu-based shipbuilding firm, Tsuneishi Heavy Industries Cebu Inc. (THICI) will be hiring an additional 4,000 skilled workers in the next three months to operate its recently completed P12-billion expansion project. THICI Director…

Japan's Mitsui Engineering & Shipbuilding (MES), in conjunction with Osaka University, will soon be undertaking research on a hybrid propulsion system which combines a battery unit with a diesel engine. The project…

South Korean builder 21st Century Shipbuilding has signed a letter of intent with an unnamed Asian oil exploration and development company to build four 20,000 dwt chemical tankers. The shipbuilder said that…