General News

According to local industry sources, Wuchang in China has recently signed an agreement with Xinzhou, Hubei Province government authorities regarding establishment of a shipbuilding base for building specialized vessels and heavy weight…

The Community of European Shipyards' Associations (Cesa) has backed calls for the resurgence of international shipbuilding talks at a scheduled meeting of the Organization for Economic Co-operation and Development in July. In…

The Yachts of Seabourn embarks today upon an expansive future as its newbuilding 'Seabourn Odyssey' sails on its maiden voyage from Venice as the first ultra-luxury vessel to debut in six years.…

The heavy ice strengthening of hulls, upgrading of equipment and components, and requirements to minimize emissions and improve icebreaking capabilities must be implemented in order to establish regular year-round trans-Arctic containership operations.…

The U.S. Navy awarded a $213.8 million cost-plus-fixed-fee advance procurement contract to Northrop Grumman Corporation that will provide long lead materials for LPD 26, the tenth amphibious transport dock ship of the…

Wärtsilä officially opened its Manufacturing Technology Centre (MTC) in Vaasa, Finland. The MTC is a new concept for Wärtsilä, and is aimed at securing and further developing its manufacturing competencies, and sharing…

Rolls Royce Marine Poland is planning a major overhaul of its production complex in the town of Gniew not far from Gdansk. The task of preparing the reconstruction project has been assigned…

Slovakia's Slovenske Lodenice Komarno (SLK) shipyard is to lay off 198 workers of its 685-strong workforce amid the shipbuilding slump. The jobs will go by the end of this year, the Danube…

A Chinese shipbuilding industry expert emphasized that government should strengthen the control of shipbuilding capacity growth to prevent excessive yard facilities and achieve growth of Chinese shipbuilding industry. He also argued the…

A recent report from Drewry Shipping Consultants has analyzed the current newbuilding orderbook to assess the level of vulnerability and overcapacity. Drewry has established three stages of newbuilding demand between now and…

Glovis Co., a logistics company under the Hyundai-Kia Automotive Group of South Korea, appears to be planning to order pure car / truck carrier (PCTC) newbuildings. According to local media, the company…

The Greek controlled company Standard Development, described by brokers as a "new name" in shipping, is said to be behind an order at STX Offshore & Shipbuilding for up to eight medium-range…

"As of April, there are already some 1,000 cancelled newbuildings from all around the world and the number of cancellations is expected to increase further this year," according to the Class NK,…

Italian company ENI intends to build a shipyard in the Caspian Sea. The new facility will focus on building tankers with a displacement of up to 63,000 tonnes to transport crude oil…

European energy giant GDF Suez and Hoegh LNG are expected to issue a tender shortly for a purpose-built LNG floating storage and regasification unit (FSRU) for their Triton project of Italy. Four…

L-3 Offshore of Coventry, U.K, has signed an agreement with the STX Engine subsidiary of South Korea's STX Group to collaborate in the marketing and supply of integrated power, electric propulsion, dynamic…

The Attica Group, Greece, has ordered two fast ropax ferries from Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME). The vessels will have an overall length of 145.5m, a speed of 26…

The mysterious buyer of Poland's Gdansk and Szczecin shipyards has provided bank guarantees for the deal. Polish treasury minister Aleksander Grad said United International Trust (UIT) has given proof it can pay…

Brazilian construction group WTorre has confirmed talks with Singapore's Keppel Corp over selling a stake in a new shipyard project. "We're in advanced, but not conclusive, talks with Keppel," a spokeswoman said.WTorre's…

Zhoushan Jinhaiwan Shipyard in China has secured a bumper order for 30 bulkers from fast emerging Grand China Logistics, one of the largest single orders ever placed in China. Broken down, the…

Malaysia's first fully-automated shipyard will be in operation at the Tanjung Agas Oil and Gas and Maritime Industrial Park in 2013. It will be part of a RM4.8 billion project that comprises…

Chinese shipbuilder Jiangsu Rongsheng Heavy Industries Co, which is aiming to sell shares to the public later this year, won a $484 million deal to build four ships for Oman Shipping Co.…