Month: February 2000

Austal of Australia has signed a joint venture agreement with Bender Shipbuilding to build fast ferries in the USA. The new company, Austal USA, will build the full range of high speed…

Korean yards took the vast majority of the orders placed in December to finish the year ahead of Japan. Its yards took orders for 66 vessels totalling 3.7 million gross against 16…

Having lately been displaced from their position as the world?s leading shipbuilders by Korea, Japanese shipyards received another major blow in December when Kawasaki of Japan decided to order five 5,600 TEU…

Chinese shipping interests Shipping Container Line (SCL) and China Shipping Container Line (CSCL) went on a spending spree in January, confirming orders for no less than 21 ships at yards in China…

In a move that could presage orders for the construction of more ships of the type, Loews Corporation and Greek shipowner Basil Papachristidis have ordered two 450,000 dwt, 3.2m million barrels capacity…

BHP has announced it is exiting the Tasman trade, due to continued loss of earnings in liner shipping service. Its Transport Group general manager Bruce McGowan, said the decision had not been…

@body:ICO Global Communications, the UK company set up in 1995 to develop a global mobile satellite communications system (previously known as Inmarsat P), has been bailed out of bankruptcy by an injection…

Following research that showed that bow slamming in moderate sea states can be as damaging as those in bad weather, Polish classification society, Polski Rejestr Statkow (PRS), has revised its rules. The…

Kvaerner has sold two more of its smaller yards and confirmed it will retain a stake in Masa-Yards to help secure a sale. "We have to get the best value for shareholders…

International Registries is offering free transfer for ships joining the Marshall Islands registry until the end of June, and has also reduced its tonnage tax. For new entrants there will be no…