General News

Aberdeen-based North Star Shipping, part of the Craig Group, has taken delivery of its latest vessel, an Offshore Ship Designers (OSD) IMT978 PSV design, named ?Grampian Talisker?.Built by Astilleros Balenciaga in Northern…

Shipping Corporation of India (SCI) has outlined a $4 billion capex to expand its fleet of vessels by 2012. The company, which had put new acquisitions on hold pending correction in the…

MAN SE has won a contract with Karadeniz Powership Co. Ltd. of Turkey to supply up to 24 engines to be used to generate power-grid electricity from aboard ships.MAN said the deal,…

Denmark?s Clipper Group is looking for a shipyard in Northern Europe to build four 91.4m double-ended passenger/car ferries for its wholly-owned domestic ferry operator Nordic Ferry Services. The quartet will each be…

Daewoo Shipbuilding & Marine Engineering Co. (DSME) has received a $460 million order to build four very large bulk carriers. The Korean shipbuilder identified the customer only as "a client in Southeast…

Shipbuilders in Bangladesh are seeking government help and incentives for a boost to the industry. "We need a 30 percent incentive for the industry for at least five years," Abdullahel Baki, chairman…

Neorion Shipyards in Greece has reportedly said that it would consider purchasing the Hellenic Shipyards from Germany?s ThyssenKrupp. The German company has been in talks with the Greek Government over the sale…

The fleet of idle containerships have risen within the last fortnight to reach1.393 Mteu, or 10.7% of the existing fleet according to the latest Alphaliner newsletter. The rise is led by the…

Zim has secured the acceptance of more than 95% of its creditors to the restructuring plan that it has put forth. An agreement appears to have beenreached with representatives of the Zim?s…

Maersk Line is to opt for extra slow steaming on the Asia-Europe route, starting from the end of November. The Danish carrier will adjust sailing speeds on westbound crossings from Asia to…