General News

Rolls-Royce has been selected to design a research vessel to carry out significant environmental research at both the North and South Poles. The vessel will be outfitted to cover a wide range…

Brazil plans to promote the country?s ship building industry not only to supply vessels and oil rigs for domestic demand but to export them to the rest of Latin America. "We?ve started…

Cosco Singapore shipyard has canceled a $202 million order to build a semi-submersible oil rig hull because Red Flag A.S. of Norway didn?t pay a deposit for the construction to proceed. This…

South Korea's steel manufacturer, Posco, will raise steel prices by up to 20.7% in a move widely expected in markets to help it pass on soaring prices of raw materials. The price…

Shanghai-based Hudong-Zhonghua Shipyard delivered the 147,000 m3 LNG carrier Dapeng Sun to China LNG Shipping (International) Ltd for service between Australia?s North West Shelf and China?s first LNG receiving terminal in Guangdong…

BulYard Shipbuilding Industry will fulfill a 60 million euro order for two cargo vessels placed by its majority owner Industrial Holding Bulgaria (IHB). The financing will be provided by IHB subsidiary KLVK.…

JFE Holdings Inc. and IHI Corp. will start talks to combine shipbuilding operations to create Japan's biggest shipyard, challenging South Korean and Chinese rivals. The Tokyo-based companies will discuss details including the…

Vic Emery, managing director of BAE Surface Fleet Solutions, in his evidence to the Scottish affairs committee, expects that after contracts for the two promised aircraft carriers are completed, the Royal Navy…

Recognising campaigners' fears that the Antarctic waters were at risk from the rising number of ships in the area, the IMO has invited member nations to submit proposals to limit shipping's impact…

Shipyard workers at Daewoo Shipbuilding & Marine Engineering have voted to strike against a planned stake sale this year. The union said that about 93% of the 6,503 workers voted in favor…

The Tasmanian shipbuilder Incat has delivered the second high speed Wave Piercing Catamaran to Japanese owner Higashi Nihon Ferry. The Natchan World will join her sister Natchan Rera, completed by Incat last…

The revision of MARPOL Annex VI and the NOx Technical Code (Annex VI) is on track for formal adoption in October 2008 and is likely to enter into force in March 2010.…

Greek shipowners have continued their stance of wait-and-see approach regarding newbuilding orders during March according to the latest report by shipbroker George Moundreas & Co. Only 17 vessels were contracted in March…

The Siemens Industry Solutions (IS) Division is two equip two further cruise ships of AIDA Cruises with electrical and automation systems based on the Siship PAX platform. The order was received from…

South Korea?s POSCO is considering a rise in steel prices, easing fears that rising raw material costs will hit its earnings, and lifting its shares to a four-week high. The company, the…

Hyundai Heavy Industries (HHI) has won a $300 million order from Korea Lines to build two VLCCs for delivery by the end of 2010. The South Korean shipbuilder is set to start…

FBMA Marine Inc. (FBMA), the Aboitiz-owned shipbuilder based in Cebu, Philippines has signed a new building contract with Wightlink, Portsmouth UK. The order is to design and build two new 41m medium…

China's first domestic built LNG carrier successfully completed its sea trials and was recently handed over to China LNG Shipping Holdings Co, a joint venture of China National Offshore Oil Corp. (CNOOC),…

Singapore-listed shipyard Cosco Corp has begun quoting new sales contracts in Chinese yuan to reduce the impact of any further decline in the U.S. dollar, the company's president said recently. "We have…

The European Commission (EC) has reiterated its support for shipping emissions to be addressed globally at the International Maritime Organization (IMO), as long as it meets agreed deadlines. The message was delivered…

The US Navy is moving forward with construction of a new type of smaller, speedy warship after upending the program by canceling contracts last year, officials said.The Navy's formal requests for proposals…