Month: March 2009

Belgium's Jan De Nul NV has reportedly cancelled three dredging vessels on order at South Korea's Asia Heavy Industries. The ships were scheduled to be delivered to the owner from August to…

GAC, the Kuwait-based provider of shipping, logistics, marine and related services, has launched GAC Ship Lay-up Solutions (GLUS), a new service package tailor-made to help owners/operators avoid non-profitable journeys, and reduce wear…

South Korean builders have resumed their marketing activities for newbuildings, but Japanese yards are not dropping their wait-and-see stance. Shipyards in South Korea have been targeting order receipts in order to fill…

Emerging South Korean shipyard C& Heavy Industries, which was seemingly pushed to the wall by its creditors, may yet have another lease of life. The shipyard had on Monday signed a memorandum…

China National Offshore Oil Corporation (CNOOC) has announced its plan to invest in the deepwater equipment manufacturing. In the next five to eight years, CNOOC's growth in the deepwater sector is expected…

ThyssenKrupp AG is to put Hellenic Shipyards up for sale on 1 April as part of a shake-up announced last week when it was announced that a new group structure was being…

Plagued by operational inefficiencies, inadequate cost control and flawed hierarchicalstructures, modern ship management has struggled to meet the evolving needs ofthe shipping industry. But thanks to the recent launch of Ulstein Marine…

South Korean shipyards are asking state-run lenders to increase loans and extend financing for orders as a deeper-than-expected economic slump dries up their cash holdings, industry sources said. According to the sources,…

Shipping's green credentials will come under scrutiny at the Green Ship Technology conference in Hamburg this week when the merits of the technical solutions and proposed trading mechanisms for emissions are debated.…

Lloyd?s Register Asia today opened its first dedicated marine surveyor training centre in Shanghai, assuring that the Group?s global marine team will continue to deliver the high technical standards demanded by the…