General News

South Korean shipbuilders are likely to be outpaced this year by Chinese competitors thanks to surging freight demand, government subsidies and cheap labour.

Western Marine Shipyard in Chittagong has delivered a pair of the largest vessels ever built in Bangladesh to a German shipowner.

In a move to cut costs and raise productivity, Hyundai Heavy Industries is expected to become the first shipbuilder in the world to adopt digital welding processes in shipbuilding.

DryShips Inc. based in Greece has entered into an agreement with a major South Korean shipyard for the option to construct up to four ultra deepwater drillships.

Shipbuilding and construction groups from Singapore and Brazil have recently bid for the tender issued by Brazil’s Petrobras to build 28 deepwater oil drill rigs, the state-led oil company said.

The University of New Orleans (UNO) has been awarded a three-year $4.8 million grant from the Office of Naval Research to advance the science and technology of titanium shipbuilding.

ABS and the China Classification Society (CCS) strengthened their collaborative efforts by entering into a new comprehensive cooperation agreement in which the offshore industry will be a priority area of focus.

Liberia has been confirmed as one of only eleven flag states which, to date, have met the criteria set by the Paris Memorandum of Understanding on port state control (PSC) to participate…