General News

Dae Sun Shipbuilding & Engineering (DSSE) has cancelled a contract with an unidentified Asian shipowner for the construction of six 32,000-dwt bulkers plus two on option. It blamed the owner's failure to…

South Korea?s Hanjin Heavy Industries needs 40,000 workers over the next few years to construct and operate their $2 billion shipyard in Tagoloan, on the island of Mindanao in the Philippines. "Hanjin…

State-run Shipping Corp. of India Ltd (SCI), the county?s biggest shipping firm by fleet size and revenues, is in talks with South Korean shipbuilder STX Shipbuilding Co. Ltd for a joint venture…

Aker Yards and Royal Caribbean Cruises Ltd (RCCL) have reached an understanding regarding the basis on which RCCL will order a fourth ship in the Freedom class, currently the world's largest cruise…

In a new phase of its major fleet expansion, freight-only specialist Seatruck Ferries in the UK has placed an order for four new generation ro-ro vessels with the German shipbuilder FSG (Flensburger…

Flensburger Schiffbau-Gesellschaft (FSG) further strengthens its leading position on the RoRo market by securing two contracts for the building of seven ships in total. As a result of these new orders, production…

Hyundai Mipo Dockyard, a unit of Hyundai Heavy Industries, has received two orders valued at KRW 570 billion ($602 million) to build eight vessels, including four petrochemicals carriers.

German-based Beluga Shipping GmbH says fuel savings achieved by using a kite propulsion system during its first ever commercial voyage are in line with expectations, and that it anticipates increased efficiencies in…

Major container shipping lines that are embarking on slow steaming schemes to cut fuel cost have come up against obstacles preventing them from reaping the full benefits. Several major container shipping lines…