Month: December 2009

Golden Ocean has cancelled orders for two 75,000 DWT Panamaxes at the Pipavav Shipyard in India due to construction delays. Chief executive Herman Billung confirmed the company has cancelled the two Panamaxes…

A new initiative has been launched by the Engineering and Physical Sciences Research Council (EPSRC) to study both ways to tackle the problem of emissions created by the global shipping industry and…

The FKAB L2 is a 16,500 m3 LNG vessel design primarily for regional distribution of LNG. In combination with the FKAB L1 design, presented in June 2009, the FKAB L2 design is…

The ?A? rated, 100 million GT North of England P&I club starts a major 18 month construction project today, expanding its freehold headquarters building in Newcastle-upon-Tyne by over 50%. The first stage…

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…

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…

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…

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…