General News

A report issued by London-based Clarkson Research Services said that ship demolition rose to the highest in 13 years in 2009, as owners scrapped ageing vessels to make way for a record…

Mitsubishi Heavy Industries (MHI) and Zhejiang Yungpu Heavy Machinery (YUNGPU), in Chinas Zhejiang Province, agreed last December on licensing of the technology incorporated in the Mitsubishi-UE, MHIs low-speed marine diesel engines. The…

The Indonesian shipbuilder PT PAL has been urged by the government to rethink its decision to lay-off 900 workers.

ABB has acquired the turbocharging service activities of ABCO Industries, located in Lunenburg, Nova Scotia, Canada.

Local media in Korea is reporting that Glovis Co, the logistics subsidiary of Hyundai Kia Automotive Group, will order three 6,000-unit pure car/truck carriers (PCTCs). Glovis will invest a total of $191.5…

The gross output of Chinas shipbuilding industry was RMB 548.4 billion in 2009, up 28.7% year on year, according to statistics released by the Ministry of Industry and Information Technology. Growth was…

After falling for 14 months in a row, Japanese export ship orders rose for the second consecutive month in January on a year-on-year basis, increasing by 50.5 percent to 471,900 grt, according…