General News

The Canadian shipyard Davie Yards is working on a restructuring plan to try to protect the Quebec-based ship builder from an expected cash shortfall more than a year after its purchase by…

Beluga Shipping, based in Bremen, Germany, has recently launched the Beluga P-series, a new state-of-the-art multipurpose super heavy lift project carrier. The P-series will represent the next generation of flexible carriers operating…

'Island Constructor' has won Offshore Support Journal's prestigious 2008 'Ship of the Year' award. The jury said: "Island Constructor was chosen as OSJ?s ?Ship of the Year? 2008 as a result of…

Goldenport Holdings Inc. has ordered two more bulk carrier vessels from Qingshan Shipyard of China for a total $91.66 million. Qingshan, member of the Changjiang National Shipping Group, will deliver the 57,000…

As shipping comes under fire for emitting more pollutants than previously expected, there comes a new twist as another study reveals shipping recycling to China emits less carbon dioxide (CO2) than sending…

"Part of the old debts needs to be covered in order for another party to pay the rest and invest", Polish Treasury Minister Aleksander Grad has said referring to the privatization of…

Wärtsilä has taken another big leap towards growth in India by inaugurating a new extension to its plant in Khopoli, Maharashtra. The plant manufactures auxiliary units and modules for engine driven power…

Deep Sea Supply recently took delivery of "Sea Turbot", a newbuilding PSV from Cochin Shipyard in India. This vessel, which is the 7th in an eight-ship series, is based on the UT…

The Indian private shipbuilder ABG Shipyard has decided to set up a greenfield shipyard in south Gujarat with an investment of Rs 1,200 crore. The new 300 acre shipyard will be larger…

Camillo Eitzen & Co ASA (CECO) in Norway has entered into agreements to contract four additional newbuildings supramax bulk vessels, to be delivered from Japanese yards during 2012-2013. The vessels are financed…