General News

Industry sources say that four companies have purchased the five cancelled 32,000 DWT handysize bulker newbuildings which Cido Shipping had ordered from Namura Shipbuilding's Hakodate yard in Japan. NYK Bulkship is taking…

Shanghai-based Hudong-Zhonghua Shipbuilding is to secure a long awaited $200m order for its sixth 145,000m3 LNG carrier in the next few months. Negotiations are on-going between the shipyard and China National Offshore…

Canada's shipbuilders have agreed to a radical change in the way contracts will be doled out by the federal government. The federal government plans to spend $40 billion over the next 30…

The German shipowner Schiffahrtskontor Altes Land (SAL) has placed an order for two heavylift vessels with Sietas Werft. This welcome boost to the Hamburg-based shipbuilder's order book adds to an earlier order…

The Harris Pye Group and Future Pipe Industries B.V. (FPI), of The Netherlands, have signed a collaboration to work together supplying glass fibre reinforced epoxy pipe systems (GRE) to the marine, cruise,…

Shell Gas & Power Developments BV (Shell) has signed a master agreement with a consortium comprising Technip and Samsung for the design, construction and installation of multiple floating liquefied natural gas (FLNG)…

The Korean shipbuilder Daehan has recently signed a letter of intent with a shipowner of Marshall Islands on to build two 180,000 DWT bulk carriers at a cost of $70 million each.…

India's Petronet LNG is planning to invest $520m for a pair of LNG carriers as part of a $3 billion investment for the Indian LNG terminal owner's Kochi-area regasification facility.Petronet has forged…

The National Oceanic and Atmospheric Administration (NOAA) in the USA has issued a Request for Proposals (RFP) for the construction of a new fisheries survey vessel, the fifth Oscar Dyson-class vessel designed…

The Green Ship of the Future, the Danish maritime initiative, has received the International Environmental Award from the Sustainable Shipping organisation for being the most environmentally friendly shipping initiative. Sustainable Shipping is…

Edison Chouest Offshore has signed a $150m contract with Royal Dutch Shell to build an arctic support vessel. The US offshore vessel builder and owner also will operate the 110m vessel to…

German shipbuilding group Hegemann has received a ?100m ($143m) order for an offshore vessel from a Bremen-based owner, for delivery in 2011 subject to financing.It is not yet clear which shipyard of…

The Norwegian offshore company Sea4, established in July 2007, has been battling for several months to secure financing for the two IMR/Construction Support Vessels on order in Spain and has now signed…

ABS is now offering its clients powerful ship inspection and maintenance management software to be placed in the office and on board all newbuild vessels contracted to ABS class. The offer is…

Chinese coal shipper Guangdong Lanyue Energy Development Co is looking to add 20 more bulkers to its newbuilding tally in the next five years. Last week the company had already ordered 10…

Following the recent cancellation of the order for five-chemical tanker by the Eitzen Group, Hiroshima Bank is formulating a bailout plan for the troubled Japanese shipbuilder Sasaki Shipbuilding. A Japanese shipowner has…

Propeller manufacturer Stone Marine Singapore has invested in two new furnaces which will increase the melting capacity of the foundry in Singapore by over 50% in order to meet demand. The furnaces,…

Daewoo Shipbuilding & Marine Engineering (DSME) is said to be in talks to buy as much as 20% in a Brazilian rival to seek orders from Petroleo Brasileiro (Petrobras).The local content clause…

Croatia?s national ferry line, Jadrolinjia, has added the ?Biokovo? to its fleet. This newly built double-ended ferry was the eleventh ferry to have been received by the company in the past five…

China's largest shipbuilder and shiprepairer, China Shipbuilding Industry Co., plans an initial public offering in Shanghai to fund 6.44 billion yuan ($942 million) of expansion projects. The Beijing-based, state-controlled company is selling…