News

Speculation continues in the industry about the state of the Korean-owned STX Europe (formerly Aker Yards) after the company pulled out of a planned pre-NorShipping press conference due to be held today…

According to Det Norske Veritas, a new study shows that with minimal modifications current ships can cut their emissions to air by some 15%. Announcing the results of the study at a…

Beijing unveiled a stimulus plan to help domestic shipbuilders ride out the global financial crisis by encouraging eligible firms to list and sell bonds, and by hastening the establishment of shipbuilding-focused investment…

General Dynamics NASSCO, a wholly-owned subsidiary of General Dynamics, has laid the keel of the fourth ship of its State-class product carriers. The ship will be named Empire State.NASSCO began constructing the…

The Midi consortium is expected to be named the preferred bidder for the Manoel Island Yacht Yard according to The Malta Business Weekly. This particular business unit of the Malta Shipyards is…

Daewoo Shipbuilding & Marine Engineering Co. (DSME) has won a $45 million order to build a small-sized barge ship, its first shipbuilding order of the year. The deal with a Dutch company…

Odense Steel Shipyard in Denmark has delivered the first of six ro-ros for the British investment company Epic Shipping of London. The ship, hull no 217, sails under the name of the…

Two platform supply vessels for Hellespont Group, under construction at the Cochin Shipyard in India, were christened recently. The ships, BY-66 and BY-67 were christened as "Hellespont Defiance" and "Hellespont Drive" respectively.…

State-run Shipping Corp. of India Ltd (SCI), India?s biggest shipping firm, has placed orders for two anchor handling tug cum supply vessels worth about $35 million with Cochin Shipyard Ltd (CSL), the…

Austal has officially unveiled its new 102m trimaran vehicle-passenger ferry platform, which is currently under construction at its Western Australian shipyard and available for purchase.The new 102m long, 26.8m wide trimaran is…

The ?Monte Aconcagua?, the last of a series of ten of Hamburg Sud's 5,552TEU Monte-class containerships was recently christened in Hong Kong. Following the naming ceremony, the newbuilding was phased into the…

Brazil is pressing cash-strapped Korean shipbuilders to hand over their core technologies in return for orders. With work hard to come by, they are willing to oblige and Samsung Heavy Industries has…

Bergen Group BMV, a subsidiary of Norway's Bergen Group has signed a NOK 2.7 billion ($435.3 million) contract to deliver two advanced pelagic trawlers and research vessels to Aqueda Shipping Limited and…

The ?Costa Pacifica?, the fourteenth ship in the fleet of Costa Cruises was delivered on May 29 at the Genova-Sestri Ponente shipyard by Fincantieri. The sister ship of the ?Costa Concordia? and…

The Indonesian government-operated ferry firm PT Indonesia Ferry has signed a tentative agreement with South Korean shipbuilders Samsung Heavy Industries and 21st Century Shipbuilding on a shipbuilding project which could be worth…

The passenger and vehicle ferry Canna has become the first ship in Caledonian Maritime Assets Ltd's fleet to be issued with a Lloyd?s Register 'Green Passport'. This follows a training workshop for…

The European Marine Equipment Council (EMEC) has welcomed the new regulation (EC) 391/2009, published on 28 May. Amongst others, the Regulation will, if effectively implemented, in the coming years, lead to the…

New Zealand-based waterjet manufacturer HamiltonJet has opened a new regional sales and support office in Singapore. The company already has regional offices in the UK and US, and the new office will…

George Economou and broking house Banchero and Costa Spa have both invested in the Green Recycling Initiative launched in May. The $300m GRI aims to integrate the needs of steel producers to…

Despite the collapse in the newbuilding market, state-owned Chinese shipbuilder China State Shipbuilding Corporation (CSSC) is planning to invest up to Yuan10bn ($1.5bn) to build a shipyard in Zhongshan , Guangdong province.…

Taizhou Sanfu Ship Engineering is set to begin talks with owners who have requested lower contract prices for bulk carriers already on order. The privately-owned Chinese shipyard said that it had received…

Three non-life insurance companies which are creditors of Jinse Shipbuilding of South Korea are requesting another creditor banks to delay collecting debts but the banks are refusing to do so. Meritz Fire…