General News

The latest annual report on the shipping industry, compiled and published by France’s Barry Rogliano Salles (BRS) stated that, thanks to cancellations and delayed deliveries, new vessels were less than expected and…

The number of idle containerships continued its slide over the last two weeks with 474 units for 1,22 Mteu recorded to be idle on 15 March, based on Alphaliner’s fortnightly survey.

Athens-based Danaos Corporation recently it took delivery of a newly built containership, the CMA CGM Musset, expanding its operational fleet, following the sale of the 30 year-old Eagle Express, to a total…

Korea plans to develop and build next-generation ships by 2015 that run solely on electric motors, the Ministry of Knowledge Economy said yesterday. “A five-year blueprint for the next-generation shipbuilding industry will…

South Korea’s STX Offshore and Shipbuilding plans to open talks this year with Abu Dhabi Ship Building (ADSB) to help it break into the regional market for offshore support vessels.