General News

The Romanian president said that production at Daewoo Mangalia (DMHI) may have to stop if it does not receive a cash injection. DMHI is a joint venture shipyard between South Korea's Daewoo…

Hamburg-based Hellespont Tankers has taken delivery of the 'Hellespont Centurion', the first of a serious of eight 17,000 dwt IMO-2 chemical tankers. Hellespont Tankers will commercially manage the vessel, which has been…

Jiangsu Rongsheng Heavy Industries (JRHI), the Chinese private shipbuilder, plans to invest up to Yuan2.4bn ($352m) to build an offshore parts yard and ship design institute in Nantong. President of the yard,…

Hong Kong-based Cido Shipping is said to be looking at cancelling orders for PCTCs as it mulls options to make further cuts to its backlog of around 100 newbuildings. The shipowner reportedly…

Croatian millionaire Danko Koncar has reportedly confirmed he is interested in the privatization of all five state-owned shipyards. After much media speculation, Koncar confirmed his interest in an interview on Croatian National…

Brazilian shipowner Log-In Logistica has placed an order at compatriot shipbuilder Estaleiro Ilha (Eisa) for a pair of 80,000 dwt bulkers. The shipowner says it is investing $165m in the newbuildings which…

Jiangsu Yangzijiang Shipbuilding recently revealed in its financial statement for the first half of 2009 that it has agreed to postpone delivery dates for 18 newbuildings for maximum of two years, and…

The current status of new class rules and complementary solutions for safer operation of offshore service vessels (OSVs) were presented by Germanischer Lloyd's Helge Rathje at the 3rd International Conference on Technology…

According to Lloyds List, analysts believe the price of Chinese newbuildings will continue to decline in the second half of this year despite a 33% surge in the country's steel price between…

Historically, Odense Steel Shipyard (Lind?) has had a very special role in the A.P. Moller - Maersk Group.Due to the expansion of shipbuilding capacity in low cost countries in the Far East…

Nakilat, the Qatar Gas Transport Company, plans to start building commercial and leisure vessels in the first half of next year in a venture with Damen Shipyards Group BN of the Netherlands.…

A shipyard that has laid claim to be the largest in the world in terms of physical size began operation at Changxing Island in Dalian, a coastal city in northern China. STX…

The Louisiana-based Edison Chouest Offshore plans to design and build a series of twelve 91m, 5,300 dwt deepwater diesel-electric platform supply vessels (PSVs). Currently Chouest is building twelve PSVs based on its…

Fincantieri has won orders worth a total ?250 million to build a corvette for the United Arab Emirates Navy and a fleet tanker for the Indian Navy. The contract for the 88…

In July another offshore vessel series, designed by the Seattle-based naval architect firm Guido Perla & Associates (GPA), was completed at the Zhejiang Shipyard, part of the Sinopacific Shipbuilding Group, in China…

TKMS Blohm + Voss Nordseewerke in Emden, a company of ThyssenKrupp Marine Systems, has delivered a new vessel for the German Customs Administration. Named 'Helgoland', the 50 m long twin-hull SWATH vessel…

Athens-based TOP Ships Inc. has taken delivery of the 50,000 DWT product / chemical tanker "HONGBO" from SPP Plant & Shipbuilding Co., Ltd in South Korea. The "HONGBO" is the last of…

The Brazilian iron ore producer Vale SA, is considering building 400,000 DWT ore carriers for its own fleet to serve the growing Chinese market and cut costs. Vale?s fleet has helped the…

UK-operated shipbuilder FBMA Marine in Cebu, Philippines has "ceased operations", although it is still looking for new orders to stay in business. "We have stopped operations, but we have not closed down,"…

Germany's Wadan Yards will receive two loans totalling ?20.5m ($28.8m) from the government of Mecklenburg-Western Pomerania. The money will be used to set up two transitional companies for the 2,400 employees of…