Month: September 2009

The Dutch shipbuilder, IHC Merwede, the market leader in the construction of specialised dredging equipment, is fast increasing its footprints in India. Last year the company delivered seven dredgers to various Indian…

The 52 metre crew boat "Aramara", ordered by Arrendadora Ocean Mexicana (Blue Marine), is the first vessel to be built at Strategic Marine?s Mexican shipyard in Mazatlan. It is also the first…

Chinese and South Korean support for shipbuilders may hurt the industry in the long term by keeping unprofitable yards afloat amid plunging demand, according to Drewry Shipping Consultants Ltd. "There?s absolutely no…

The Non-Operating Owner (NOO) fleet of idle containerships has risen to 654,000 teu, the highest level ever recorded, according to the latest Alphaliner fleet survey. The carrier-controlled idle fleet stood at 643,000…

The US Coast Guard and international shipping lines are becoming seriously alarmed at the number of ships suffering loss of power after switching to low sulphur fuel. This is particularly the case…

Vice President of the United Shipbuilding Corporation in Russia, Sergey Forafonov, said that Gazprom?s plans for offshore developments would require over 300 vessels to be built. This would bring plenty of opportunity…

New research from UK-based Clarkson Research Services show that the world newbuild orderbook comprised 8,779 vessels (164.7 million CGT), the lowest since June 2007. Since the start of 2009, orders for gas…

China LNG Shipping (Holdings) Limited and Malaysia's MISC Bhd have signed a co-operation agreement for the construction of a 174,000 m3 LNG carrier at China's Hudong-Zhonghua Shipbuilding. Local papers speculate that CLSL…

China's Taizhou Kouan Shipbuilding has reportedly secured an order for the construction of seven 27,000 dwt multipurpose cargo vessels from a domestic shipowner with delivery scheduled for 2011. Ship prices were not…