General News

Hyundai Heavy Industries aims to win $21.1 billion worth of orders this year, down 33% from last year's figure. Last year, the shipbuilder clinched orders valued at a record $28.2 billion, up…

According to the latest statistics, global shipbuilding industry signed only 193,000 DWT new ship deals in February down by 98.4% year on year reaching merely 1.5% of the single month's volume in…

Creditors of C&Heavy Industries Co. said they have terminated a three-month debt workout program for the beleaguered small shipbuilder in South Korea and will make a final decision next week. The creditors,…

Canada's Atlantic Towing has forged a long-term charter deal with EnCana Corp that will see it build an offshore supply vessel (OSV) at Halifax Shipyard. Atlantic, the vessel operating subsidiary of Irving…

Workers at the Keppel Cebu Shipyard, Inc. are protesting against a management decision to enforce job rotation. Management, however, was unaware about the protests and was under the impression that the workers,…

The Odense Steel Shipyard in Denmark had their very last container carrier towed out from the shipyard yesterday for sea trial. The construction of this ship and a number of sisters has…

The consequences of the global financial and economic crises have now reached ThyssenKrupp Marine Systems. The yard has been informed by the client that the banks are not going to finance the…

A three-year research project initiated by DNV has led to the development of an ice load monitoring system that provides bridge personnel with real-time information about the actual ice loads on the…

Chinese shipowner Sinotrans Shipping Ltd said it would invest a total of $388 million in new ships over the next three years in anticipation of a better outlook for 2009. "Given the…

A steel cutting ceremony of the first F22P Frigate being built for the Pakistan Navy was held recently at the Karachi Shipyard and Engineering Works (KSEW). The construction of the first Chinese…