Author: Importer

Danaos has delayed the delivery of five 12,600 teu containerships by a year, to 2012. This brings the total number of newbuilding delivery delays worked out by John Coustas, the Athens-based containership…

Negotiations between Samsung Heavy Industries and shipowners Compania Sud Americana Vapores of Chile and German owner Peter Dohle surrounding orders for 12 mega-boxships have yet to reach a conclusion. An SHI source…

China's government is seeking to expand its share of the global shipbuilding industry to more than 35% by 2011, aiming to raise production to 50 million tonnes by then. The plan includes…

There has been a resurgence of interest in conversion work as companies look at offshore units again. According to Drydocks World executive chairman Geoff Taylor, the company has seen increased interest in…

Reuters reported that Indian shippers are cutting their acquisition plans and buying vessels in the second hand market instead of placing new orders as overseas funding, their biggest source of financing, dries…

According to a report issued by China Association of the National Shipbuilding Industry (CANSI), China's shipyards continue to scrape along with continuing declines in new business and growing risk of cancelled orders.…

The companies and individuals shortlisted for the inaugural Sustainable Shipping awards have been announced. The awards, recognising, rewarding and celebrating those who have made significant strides in positively tackling increasingly vital environmental…

Rolls-Royce, power electric systems division (formerly known as Scandinavian Electrical Systems) has developed a system for converting old diesel mechanical systems into more efficient electrical propulsion Suitable for platform supply ships, coastal…

Wärtsilä has opened a new office and workshop complex in Mexico, in the city of Veracruz, which is the largest container shipping port in the country and is home to the Mexican…

Wave piercing technology is a well-proven concept for high-speed catamarans and trimarans. Now, at NorShipping, Rolls-Royce says that it is bringing the benefits of this to the offshore market, with the new…