General News

There is a growing awareness in the shipbuilding industry that a closing of the gap between newbuilding and second-hand ship prices is occurring which is making the newbuilding market a more attractive…

The latest Shipbuilding Market Forecast, published by Lloyd?s Register - Fairplay Research, predicts continued modest-but-steady growth for the passenger ship sector over the next five years. The monthly research report provides detailed…

The ship repair, conversion and new building yard of Drydocks World -Dubai has renewed its long-standing association with BP Shipping with the signing of a new alliance agreement.The two companies will work…

Just when everyone is bemoaning the growing overcapacity in the world's shipbuilding industry, the government of the Guangxi region, located in south western China, approves a plan to develop an area in…

The number of deferred deliveries and slippage for containerships has exceeded 1.8 Mteu, or a third of the current orderbook. The bulk of the deferrals recorded by Alphaliner are for ships above…

Hitachi Plant Technologies, Ltd. and Mitsubishi Heavy Industries (MHI) were recently granted final approval by the IMO for their jointly-developed Hitachi Ballast Water Purification System (ClearBallast). This system makes use of active…

Taiwanese shipbuilder CSBC has signed a contract to build four bulkers for Taiwan Power Co. The bulkers, the size of which was not revealed, will cost TWD 6bn ($182.11m), the ministry of…

Chinese state-owned shipbuilder Guangzhou Shipyard International (GSI), part of CSSC, has ended its order drought by winning orders for two specialized bitumen carriers. The newbuilding contracts are understood to involve a pair…

Sungdong Shipbuilding & Marine Engineering of South Korea has secured an order for two 158,000DWT Suezmax tankers from a leading tanker company. A yard official declined to disclose the shipowner's identity but…

Small sized Japanese shipbuilder Onishigumi Shipbuilding has filed for protection in court. Established in 2005, Onishigumi took over the former Kyoei Shipyard and builds offshore support vessels and tankers up to 5,000DWT.…