General News

Japanese export ship orders declined for the 13th consecutive month in October on a year-on-year basis, tumbling 37.3% to 358,300 gt, according to figures released by the Japan Ship Exporters' Association.But the…

Sembcorp Marine has awarded the turnkey construction contract for Phase I of the New Yard Development project to Zhen Hua (S) Engineering Pte Ltd for a total contract value of S$443.25 million.The…

Norwegian shipowner I.M. Skaugen Group (IMSK) named the first ship in its new series of Multigas carriers in a ceremony at the Skaugen joint venture company with Shenghui Gas & Chemical Systems'…

Offshore Patrol Vessels (OPVs) being built by the UK shipbuilder BAE Systems for the government of Trinidad and Tobago will this week take a step closer to completion. Employees at the Portsmouth…

STX Finland Oy and the South African Department of Environmental Affairs have signed a contract for the construction of a Polar supply and research vessel. The ship, valued at a cost of…

Daewoo Shipbuilding & Marine Engineering in Korea said it has made a profit in the third quarter on increased sales of high-end products and a stable local currency. Net income reached 191.2…

As fuel oil prices continue to climb, carriers are increasingly applying extra slow steaming on their long haul services. With fuel prices at levels above $400/ton since October, extra slow steaming is…

The first of class Astute nuclear powered attack submarine left BAE Systems? shipyard at Barrow-in-Furness for the first stage of sea trials designed to prove its capability as the most formidable vessel…

MAN Diesel recently celebrated the official opening of its newest service centre in Seattle, Washington, USA to further expand its PrimeServ network in North America. The newly renovated, 1,800 m2 workshop and…