General News

Korea's top spot in the shipbuilding industry for the last 10 years is now under threat and faces strong challenges from China.Since first reaching the 10 million-ton mark in orders in 2000,…

Shanghai Shipyard has reportedly won a $250m contract from state-owned Cuban company Acemex to build ten handysize vessels. Each 35,000 dwt vessel will cost $24m-$25m.

According to a study by Clarkson Research Services, global new shipbuilding orders in August have hit a new monthly record for 2009. The study claims that orders in the first three weeks…

Yellowfin, a unique marine propulsion technology business, has gone into administration and is being marketed for sale by leading asset consultancy Edward Symmons on behalf of Administrators, RSM Bentley Jennison & Co…

The joint industry project FellowSHIP today passed an important milestone with the installation of a full scale fuel cell on board the Eidesvik owned offshore supply vessel Viking Lady. This will be…

Caterpillar has announced the development of a new line of diesel engines at a gathering of financial analysts in Peoria, USA. The first models of the new C145 engine line will complement…

DK Group, a marine carbon emissions specialist company, has asked for clarity in the debate on the true costs of CO2 reduction. The company believes that the continued focus on the initial…

A tour of shipbuilders keen to build the LNG carriers required for Russia's massive Shtokman project has been abandoned midway through. Factional infighting was blamed for the abrupt end to visits to…

Local sources in Indonesia report that the country plans to team up with Chinese investors in building a shipyard industry in 2010 with initial feasibility study starting this year. I Nyoman Sudiana,…

Brazil?s state-run Petrobras will launch a bid round on 28 oil rigs to be built in Brazil and used for massive offshore subsalt fields, the company said. Brazil plans to rely mostly…