General News

Following the recent announcement of Austal being awarded six 16 metre aluminium monohull boats for the Water Police in the Australian state of New South Wales, the same design has found favour…

Daewoo Shipbuilding is rumoured to be building two dry docks in Yantai, China. The plan is to construct a 1 million DWT dry dock and a 300,000DWT dry dock in Yantai, Shandong…

Qatar Gas Transport Co. (QGTC) has enlisted international shipbuilders to construct six to eight LNG carriers at a cost of about $230 million each. QGTC expects to lease each vessel to deliver…

Fuelled by the order boom in international shipping, the tonnage classified by Germanischer Lloyd (GL) has grown to more than 50 million gross tonnage (GT). This is a milestone in the history…

The Singapore-based offshore services provider, Ezra Holdings, has ordered two new 12,000 bhp multi-purpose anchor handling, towing and supply vessels (AHTS) from Pan-United Marine, a wholly-owned subsidiary of Pan-United Corporation. Delivery is…

Daewoo Shipbuilding & Marine Engineering (DSME) reported that its net income in July declined 34% to $8.1 million from a year earlier. Operating profit fell 58% $9.66 million, with sales declining 30%…

Nakagawa Bussan in Japan placed an order for two 11,200DWT chemical tanker with STX Shipbuilding at a cost of $ 44 million. Ship particulars are 116.5m in length, 20m in breadth and…

The Board of Aker Finnyards has taken measures to make its Helsinki yard one of the most cost effective yards for building ferries in the industry. The former Kvaerner Masa Yards site…

The French marine lubricants supplier, Total Lubmarine, maintains that the marine lubricants industry is facing a new and deepening supply crisis compounded by a period of unprecedented raw material price increases. It…

The US Navy?s Office of Naval Research unveiled its new advanced electric-ship demonstrator ship, ?Sea Jet?, for the first time. The ship will test Rolls-Royce patented AWJ-21 water jet technology over the…