General News

Alphaliner had projected in March that the idle containership fleet could reach more than 4 Mteu within the next three years. That prediction was based on the expected influx of new capacity…

According to Alphaliner, the fleet of idle containerships has risen to 1.413 Mteu, or 10.9% of the total fleet as at 9 November 2009. Most of the increase over the fortnightcame from…

CMA CGM recently received the CMA CGM Christophe Colomb, first of eight ships of 13,300 teu ordered at DSME (Daewoo) in July 2007. The ship was originally planned for delivery in July.The…

A chapter of shipbuilding history that lasted for more than 40 years closedat Hamburg. Following the delivery of the 1,421 teu Elysee last week, theJ.J. Sietas shipyard, located in the west of…

Ijmuiden-based Offshore Ship Designers (OSD) has strengthened its global network by opening a design office in Singapore. The office will provide a local liaison point for customers building ships in Asia which…

POSCO, South Korea's leading steelmaker, is not interested in buying Daewoo Shipbuilding & Marine Engineering (DSME), its ceo said. In January this year, state-run Korea Development Bank terminated the sale of a…

Singapore-based Eastern Navigation Group's offshore services has recently taken delivery of two new offshore vessels. The first vessel, named the 'ENA Challenger', was built at the Zhenjiang Shipyard in China and is…

Shanghai Shipyard in China has reportedly received an order for two 57,000 DWT bulk carriers from a company in Montenegro at a cost of $28.8 million each. Delivery is scheduled for the…

The Assembly of Assonave, the national association of shipbuilders, repairers and suppliers in Italy, met in Rome last week to discuss the plight of shipbuilding in Europe. Following three years of buoyant…

Rolls-Royce has enhanced its customer support capability in South America with a new Marine Service Centre located in Niterói, Rio de Janeiro State, Brazil.The company has invested $9 million in the new…

Sri Lankan shipbuilder Colombo Dockyard has laid the keel for construction of the last unit in a four-ship series of 78 metre multipurpose PSV for Greatship India.The design of this vessel was…

Singapore-headquartered Yantai Raffles Offshore Ltd, a subsidiary of Yantai Raffles Shipyard in China, has paid RMB 291 million to acquire 100% equity interest in Sanlian Longkou Shipyard in Shandong Province. The shipyard,…

Norwegian based OceanSaver AS, which developed the natural, environmental-friendly and corrosion reducing ballast water management system OceanSaver, was recently granted final approval from the IMO at the latest meeting of the Marine…

Korean shipbuilders have been overtaken by Chinese competitors for the first time after having dominated the global market for the past 10 years according to Clarkson Research Service in London. Chinese shipbuilders…

EU Directive 2005/33/EC, also known as the EU Sulphur Directive, includes a provision (article 4b) which requires that, as from 1 January 2010, when at berth (and/or at anchor) for longer than…

Bidders for the Malta Shipyards Ltd's super yacht facility were asked to submit fresh proposals yesterday because their first offers were considered unsatisfactory.The Privatisation Unit informed the Maltese government that, after considering…