General News

The recent Alphaliner newsletter reports that carriers continue to apply extra slow steaming to their long haul loops as the FO prices stay above the $400 mark. Five more services are in…

SinoPacific Shipbuilding, China, is to build six gas carriers for Jaccar Holdings. The six vessels will be built at the shipbuilder's yard in Dajiang and will be delivered between December 2011 and…

US-based cruise and d hotel operator Utopia Ocean Residences has signed a letter of intent with Samsung Heavy Industries for a 105,000 gt residential condominium cruiseship for delivery in 2013.The total value…

Governments must resist giving state aid to shipping lines as this will never benefit shippers or global trade, says Andrew Trail, Managing Partner of www.shippersvoice.comShipping lines made bad decisions before and should…

Poland said it had again failed to sell off two struggling shipyards, after receiving tenders for only a slice of what was on offer, three months after a deal with Qatari investors…

Despite the continuing global shipping recession, the Bahrain-based shiprepairer ASRY is pushing ahead with its $188m facilities expansion programme at pace, and has even added an extra 180m repair quay to its…

How can shipyards and suppliers address the challenges arising from the new International Convention for the Safe and Environmentally Sound Recycling of Ships ("Hong Kong Convention") after its development has been finalized…

DNV and Intertek announced that they are in discussions regarding a potential to unite their business assurance activities, thereby consolidating its position as a world leader in certification, inspection and testing. DNV?s…

China Petrochemical Corp (CPC), of Taiwan, has for the first time specified all-electric cargo pump room systems for two new 40,000 DWT product carriers. The complete pump room systems will be delivered…

Aker Solutions is today officially opening a new subsea facility at its yard in Egersund, west Norway. The new subsea hall will add another capacity to the yard and help further develop…

The shipping ministry in India is reportedly working on a proposal that encourages domestic shipowners to buy from or build ships at local yards according. The aim is to provide a boost…

France has become the first country to sign, subject to ratification, the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, 2009. The country?s ambassador to IMO signed…

The naming ceremony of Polarcus Nadia and Polarcus Naila for Dubai-based shipowner Polarcus took place at Drydocks World Dubai recently.In 2008, the offshore shipowner Polarcus ordered six seismic vessels of Ulstein SX124…

With the recent Dry Bulk Index managing to remain above 2009-high, some owners are looking to speed up deliveries of their newbuildings.Clarkson said that "we are now even starting to hear of…

Eight investors have entered eleven bids for the sale of assets of the Gdynia and Nowa Szczecin shipyards, said Roma Sarzy?ska, from the Poland?s Industrial Development Agency. The agency has chosen not…

DSEC Co., the shipbuilding engineering subsidiary of Daewoo Shipbuilding & Marine Engineering (DSME) in Korea, has received a $167 million order from a shipyard in the Middle East. The order calls for,…