General News

BP PLC has reported more problems with its new fleet of 185,000 DWT oil tankers after a scramble to repair cracked rudders and faulty anchors. One of the bollards used to secure…

According to London-based Clarkson, shipowners ordered new vessels worth a record $105.5 billion in 2006. The trend has been spurred by tanker owners keen to upgrade their fleets ahead of IMO single-hull…

Copenhagen-based A.P. Moller-Maersk A/S has ordered four PCTCs (pure car and truck carriers) from China's Xiamen Shipbuilding Industry. The Danish shipowner has an option for delivery of another four ships of the…

Singapore-based Pan-United Marine has booked a record full-year profit of $36.7 million thanks to a healthy newbuilding order book and higher valued ship repair and conversion jobs. For the three months to…

Penglai in China clinched two 5,800 dwt chemical tankers from Wisby Tankers for delivery during 2008. Ship price per unit is $15 million. Tsuji Heavy Industries secured two 29,000 dwt bulk carriers…

The US-based Edison Chouest Offshore (ECO) plans to build several new anchor handling towing supply vessels (AHTS), as well as more than a dozen new generation 280-ft. platform supply vessels (PSV) in…

Aker American Shipping ASA and Overseas Shipholding Group, Inc. have signed an agreement in principle whereby Aker American Shipping subsidiary, Aker Philadelphia Shipyard, will construct up to six additional Veteran Class MT-46…

Recently, Fuel Cell Boat BV, a consortium of Dutch companies, came to an agreement to develop and build the world?s first commercially operated hydrogen powered boat. This vessel will be used in…

The Chinese-Polish Joint Stock Shipping Co, (Chipolbrok), has signed a contract to build six more crane-equipped vessels. The move comes as the company expands its fleet to capitalize on the rising demand…

The US Coast Guard (USCG) has authorized DNV to carry out plan reviews and inspections on its behalf of all types of offshore units which are operating on the Outer Continental Shelf…