General News

US shipyard Alaska Ship & Drydock (ASD) has won an order to construct a new ferry to serve Ketchikan International Airport. The shipbuilder's Ketchikan Shipyard will complete and deliver the 'Ken Eichner…

Grand China Shipping unit Grand China Logistics has gone into partnership with Zhoushan Jinhaiwan Shipyard to build 18 Capesize and 12 Kamsarmax bulkers worth $2bn for delivery in 2012. It is also…

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 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…

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…

United Industrial Corporation (OPK) in Russia and Samsung Heavy Industries Co., Ltd. (SHI) in Korea have signed a memorandum for mutual business cooperation during a recent visit to the St. Petersburg shipyards…

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…