General News

Kawasaki Kisen Kaisha, Ltd. ("K" Line) has taken delivery of the new 8000TEU container vessel ?Humber Bridge? at the Kure Shipyard of IHI Marine United. This is the largest containership ever built…

The Italian government is considering selling shares in Fincantieri, the country's largest shipbuilder, which may raise about 750 million euros ($951 million) as Prime Minister Romano Prodi divests government assets to cut…

Russia's state arms exporter and a French defense company signed a cooperation document during an international arms show in France. Rosoboronexport and DCN signed a letter of intent aimed at establishing and…

The Romanian shipbuilder Severnav Drobeta Turnu Severin made 840,000 Euro profit in the first nine months of the year, against about 73,000 Euro in the corresponding period of last year.However, the company's…

A shipyard which came back from the brink of death is celebrating fresh contract success. McNulty Offshore has clinched another lucrative order to help safeguard some of the 850-strong workforce at its…

A new design of expedition vessel for worldwide cruising has been created by Abeking and Rasmussen (A&R). The German yard has received an order from a private yacht owner for this new…

China's major ocean shipping business, China Shipping Group Company (CSGC), signed a contract to build four VLCCs. The four 308,000 DWT vessels will be built by China State Shipbuilding Corporation (CSSC). CSGC…

Northrop Grumman Corporation in the USA has been selected to supply simplified voyage data recorders (S-VDR) for 59 Teekay Shipping vessels. Northrop Grumman?s Sperry Marine business unit is supplying the S-VDR hardware,…

The Islamic Republic of Iran Shipping Lines (IRISL) has signed a $500 million contract with Iranian shipbuilders for 16 cargo vessels and plans to enter the LNG market. IRISL is waiting for…

Qingdao Hyundai Shipbuilding (QHS) has won an additional newbuilding contract for seven 5,500 DWT product carriers with the Greek shipping company Agean Bunkering Services Inc. Agean has already ordered 9 similar product…