General News

The combined active fleet operated by the top 24 container carriers has declined by4% over the last 12 months, according to an exclusive survey by Alphaliner. The active fleet operated by the…

A Serbian businessman, Philip Zepter, said to be one of Europe's richest men, has reportedly bought tender documents for Brodotrogir, Kraljevica and Split, three of the five Croatian shipyards being privatized by…

South Korean shipbuilder Sungdong Shipbuilding & Marine Engineering has secured a contract with Brazil's mining company Vale for the construction of four 180,000 dwt bulk carriers for around $250m. The newbuildings will…

The latest Chinese shipyard to benefit from the renewed flow of newbuilding orders is Jiangsu Hantong Ship Heavy Industry. An undisclosed shipowner from Southeast Asia has placed an order for seven 57,000…

Brazil's Petrobras has contracted the construction of 13 offshore service vessels but has left deals for another 11 unsigned. The newbuildings are part of the group's ambitious plans to contract up to…

Local sources report that Chongqing Iron & Steel Co Ltd is expected to be China largest shipbuilding steel producer by the end of next year when the first phase project of its…

China's Sinochem Group recently signed a letter of intent with 21st Century Shipbuilding of South Korea to build four 20,000-dwt stainless-steel chemical tankers. Both parties to the deal are said to be…

China's shipbuilding enterprises realized a total output of 300.6 billion yuan ($44 billion) in the first seven months of this year, Ministry of Industrial and Information Technology said. The figure represents an…

South Korea's newly-established shipbuilder Shin An Heavy Industries has ended its orders drought and received a new contract for a heavy lift vessel from compatriot Hanjin Corporation. The 12,300 dwt newbuilding is…

Export ship orders in Japan dropped for the 10th consecutive month in July on a year-on-year basis, tumbling 63.2% to 950,820 gross tons, according to figures released by the Japan Ship Exporters'…

South Korea's Doosan Engine, which specializes in building vessel diesel engines, achieved 60 million bhp in aggregate production recently. This milestone was reached in world record time, just 25 years after completing…

Brazil's Transpetro, the shipping arm of Petrobras, is inviting 19 shipbuilders, including nine foreign companies, to bid on a contract for eight LPG carrier newbuildings. The vessels include four 7,300-cbm gas ships…

The Greek shipping company Navios Maritime Holdings Inc. announced that it has reached an agreement to acquire two 180,000 dwt Capesize vessels, currently under construction at the same South Korean Shipyard, to…

The first Iranian-built ocean vessel named 'Iran-Arak' is ready to be launched according to local press reports. The 2,200 TEU container carrier is 185 m long, 30 m wide and has a…

Drydocks World ? Southeast Asia Pte. Limited (DDW-SEA), the Southeast Asian subsidiary of Drydocks World, has delivered five vessels. These are Endeavor, Greatship Ahalya, Mermaid Vision and Ark Dartmoor from their Drydocks…

The Liberian Registry has taken a lead in the fight against piracy by producing an innovative computer-based program specifically designed to train seafarers and company security officers in the practices necessary to…

The cruise ship 'Marco Polo', whose round-Britain cruise had to be cancelled because hundreds of passengers became ill with the vomiting bug Norovirus, has been totally disinfected by SitexOrbis' revolutionary infection control…

The storm of order cancellations is sweeping over the global shipbuilding industry in the wake of the financial crisis, particularly in South Korea. According to unofficial statistics from China Association of National…

The naming ceremony for the VLCC "Athenian Victory" took place on 19 August at the world's largest shipyard Hyundai Heavy Industries in Ulsan, Korea. The delivery to its owner, the Greek shipping…