General News

STX Europe Lorient shipyard in Brittany, France, has just delivered the first of three Ro-Ro ferries to Tide Sj? AS in Oslo. The Lorient shipyard designs and builds high-tech ships from 30…

Davie Yards Inc. in Levis, Quebec, is back in operation. CEO Steinar Kulen said: "We have 1,000 employees back at work and require another 500 to complete our current orders." Davie has…

Hyundai Corporation is negotiating for construction of a shipyard in the Caspian Sea area with Kazakhstan's state-owned energy company KazMunaiGaz National. However, Hyundai will only participate in the construction phase of the…

Greek owner Laskaridis Shipping appears to be eyeing the possibility of cancelling its order for seven 75,000 DWT bulkers it placed earlier with emerging Chinese shipyard Penglai Zhongbai Jinglu Ship Industry. The…

Kockums, the Swedish subsidiary of ThyssenKrupp Marine Systems, has signed a licensing agreement with the Japanese shipyard Universal Shipbuilding Corporation (USC). The licensing agreement gives USC the right to use Kockums' GRP-sandwich…

It is unacceptable to place orders at foreign shipyards if similar ships can be built in Russia according to the press center of RF Government citing RF Prime Minister Vladimir Putin as…

Qatar investor wants to buy the historic Gdynia shipyard in Poland according to a report in the Polska newspaper. The investor is thought to be Qatar Investment Authority QIA), which is interested…

Container shipping faces a long recession that will force some lines out of business, AP Moller-Maersk chief executive Nils Andersen predicted. He cast doubt on whether urgently-needed consolidation could be achieved, given…

Shipping markets face at least two more years of strife as newbuildings stifle rates, Tor Olav Troim says. John Fredriksen's lieutenant also feels the time is not yet right to pick up…

Four domestic yards are in the running for a Russian state tender to build a rescue and salvage vessel. The federal agency of the Russian sea and river fleet, Rosmorrechflotom, says the…