General News

A key link in the plan to provide effective search and rescue (SAR) coverage off the coast of Africa has been completed with the commissioning, by IMO Secretary-General Efthimios E. Mitropoulos, of…

Rising crude oil prices and tighter environmental regulations are moving the shipping industry into an era of ever higher bunker prices, the Sustainable Shipping Forum in Singapore has been told. Robin Meech,…

A new diesel-electric icebreaker, ?Sankt-Peterburg? has been launched at the Baltic Shipyard in Russia. The construction is carried out under the survey of Russian Maritime Register of Shipping (RS). This multipurpose icebreaker…

The world's largest container liner Maersk Line is backing slower steaming as a response to rising bunker costs. Slow steaming is an efficient way to reduce bunker consumption, lowering operational costs as…

Rem?y Shipping has signed a contract with Ulstein Verft for the building of two eco-friendly platform supply vessels (PSV) of Ulstein PX105 type designed by Ulstein Design with future oriented products and…

Hyundai Mipo Dockyard has won a 121 billion won ($117 million) deal to build two chemicals carriers for a European shipping company for delivery by December 2011.

The European Commission said on Thursday it is preparing to demand the repayment of Polish government aid to the Gdynia and Szczecin shipyards, while Warsaw signaled it needed more time to find…

Colombo Dockyard, Sri Lanka's sole listed ship builder, said its March quarter net profit went up 22.5% to 245 million rupees from 200 million rupees a year ago. Revenue rose 49.6% to…

Noreq AS, the Norwegian manufacturer and supplier of maritime deck equipment, has acquired the Bergen-based davit manufacturer Crevi Davit AS. The acquisition strengthens Noreq?s focus on the development of maritime equipment, particularly…

The KG Maritime Shipping consortium which has a 70% stake in Bulgarian national maritime carrier NMB, will add to the fleet 25 new vessels over the next decade, The initial talks will…