General News

Chinese shipbuilding group JES International Holdings Ltd. has won shipbuilding orders worth a total of $247.5 million. The company said it secured an order from Croatia's Atlantska Plovidba to build four 79,800…

Kawasaki Kisen Kaisha, Ltd. ("K" Line) will become a strategic investor in FLEX LNG Ltd. (FLEX LNG), having agreed to take a 15% stake in FLEX LNG through participation in the private…

The order book of a once defunct firm will soon exceed R1 billion, thereby creating hundreds of new jobs, largely thanks to a relatively small injection of loan funding by the KwaZulu-Natal…

Rolls-Royce has opened a new office in St. Petersburg to further support activity within the growing Russian marine market. St. Petersburg has become the Russian shipbuilding capital, with 60% of the country?s…

China Ocean Shipping (Group) Co (COSCO) is mulling over a plan to reduce the service speed of all of its ships by 10%, in order to lower fuel consumption and reduce emissions.…

Daewoo Shipbuilding & Marine Engineering has received a 532.8-billion-won ($519 million) order to build four vessels. The deal with a European shipping company calls on Daewoo to deliver two oil tankers and…

Daehan Shipbuilding recently celebrated the christening of its first 170,500dwt vessel, at its shipyard located in Haenam, Korea. The vessel has been christened ?MYSTIC?.With a length of 289 metres and a 45…

Highspeed Shipbuilding & Engineering Co (HSEC), a Bangladesh shipbuilder, has won a $50 million order from Japan to build ten small ships. This is further evidence of the country's booming shipbuilding industry…

The ?stanbul Directorate of the Labour and Social Security Ministry has ordered the temporary closure of one of the shipyards in the Tuzla area, where 98 workers have died in work-related incidents…