News

Addressing the annual Navy Day news conference in India, Adm. Nirmal Verma, India's Navy chief, said, "We need to revisit the building strategies of the defence shipyards. There is a need to…

China should delay its bid to pass South Korea as the world?s biggest shipbuilder to prevent a flood of new vessels prolonging and extending industry wide losses, said Clarkson Plc?s managing director…

The San Diego-based shipbuilder NASSCO, a wholly owned subsidiary of General Dynamics, has delivered the third ship of its State-class of product carriers to American Petroleum Tankers, LLC, a joint venture of…

South Korea's Daewoo Shipbuilding & Marine Engineering has won a $300 million order from a unit of German utility firm RWE Innogy to build two wind turbine installation vessels. The two vessels…

International Register of Shipping (IRS) has signed another international bilateral agreement of collaboration, reinforcing its commitment to promoting the highest standards in the maritime industry.The agreement with Ships Classification Malaysia (SCM) will…

Intertanko is shocked and appalled by the report of the Chief Officer who lost his life during a pirate attack on the tanker Cancale Star off Cotonou on 24 November. The association…

China, the world's second- biggest shipbuilding nation, will face a capacity glut from 2011 after yards work through existing orders and shipping lines slow new orders, according to a government official. Insufficient…

This Saturday, the fourth Havyard 832 CD PSV designed by Havyard Design AS will be ready for her naming ceremony in Bergen, Norway. The vessel is Havyard Leirvik AS? Yard No. 104…

Mitsui O.S.K. Lines, Ltd. (MOL) announced the completion of the concept for its second in a series of next-generation vessels, which will be technically practical in the near future. The vessel is…

Advanced offshore equipment deliveries will start to flow from Cargotec?s recently-refurbished manufacturing, assembly and testing plant in Singapore for offshore load handling solutions. January 2010 will see Cargotec?s recently modernised manufacturing, assembly…

The UK-based International Chamber of Shipping (ICS) and its member national shipowners? associations have issued a strong statement in support of global measures being adopted to reduce shipping?s carbon dioxide emissions. The…

Shanghai Maritime University (SMU) and DNV have signed a strategic partnership agreement to establish the "SMU-DNV International Cooperation Centre. The objective is to further expand and deepen the existing relationship between the…

At the recent BIMCO executive committee meeting, the issue of piracy off the coast of Somalia was discussed at length by the members. BIMCO reiterates the recent statement made to the IMO…

Lloyd?s Register has signed a Memorandum of Understanding with leading Chinese design house to research and develop the green ships of the future. Lloyd?s Register Classification Society (China) [LRCS] and Shenzhen-listed Shanghai…

Rolls-Royce has enhanced its global customer support capability with the opening of a new marine service centre in Genoa, Italy. The global marine services network is dedicated to helping customers maximise the…

The recent Alphaliner newsletter reports that carriers continue to apply extra slow steaming to their long haul loops as the FO prices stay above the $400 mark. Five more services are in…

SinoPacific Shipbuilding, China, is to build six gas carriers for Jaccar Holdings. The six vessels will be built at the shipbuilder's yard in Dajiang and will be delivered between December 2011 and…

US-based cruise and d hotel operator Utopia Ocean Residences has signed a letter of intent with Samsung Heavy Industries for a 105,000 gt residential condominium cruiseship for delivery in 2013.The total value…

Governments must resist giving state aid to shipping lines as this will never benefit shippers or global trade, says Andrew Trail, Managing Partner of www.shippersvoice.comShipping lines made bad decisions before and should…