General News

The new £3.9 million slipway unveiled recently at Macduff Harbour in Scotland will safeguard jobs and reverse the decline in the harbour's fortunes. Located at the Macduff shipyard, the new fully-automated facilities…

Hyundai Heavy Industries Co., the world's largest shipbuilder, is reportedly ready to spend as much as 8.5 trillion won ($7.54 billion) to take over Daewoo Shipbuilding & Marine Engineering Co (DSME). Last…

Kawasaki Kisen Kaisha ("K" Line) in Japan has ordered three 176,000 dwt Capesize bulk carriers from Shanghai Waigaoqiao Shipbuilding (SWS) for delivery in 2012. "K" Line's goal is to have 100 Capesize…

The Japanese are targeting offshore as a major future source of revenue. Nippon Yusen Kaisha has just announced the establishment of an Offshore Business Group under its Bulk Energy Transport division, starting…

Six government-owned shipyards will be sold in Croatia before 2009. The yards in question are Brodosplit in Split, Brodotrogir in Trogir, Kraljevica in Kraljevica, Maj in Rijeka, Uljanik in Pula and Viktor…

China International Marine Containers (CIMC) is picking up close to one third (29.9 %) of Yantai Raffles Shipyard Ltd. for $327 million, lower than the previously announced 566 million in March 2008.…

MOL-operated iron ore carrier Brasil Maru has been selected as the Ship of The Year for 2007 by Japan Society of Naval Architects and Ocean Engineers. The selection committee noted that the…

The world's largest and most environmentally adapted car and truck carrying ship, Aniara, was named today in Bremerhaven, Germany. Built at the Daewoo Shipbuilding and Marine Engineering yard in Korea, the 71,673…

Hanjin Heavy Industries has won a 215 billion won ($200 million) order to build two bulk carriers. The deal with a European shipping company calls for Hanjin Heavy to deliver the vessels…

The Authority for State Assets Recovery (AVAS) in Romania agreed to the association of the Mangalia Shipyard with German company Lurssen Lar Investment. The association is the last stage provided by the…