Author: Importer

Antwerp-based Euronav NV has taken delivery of the first VLCC built to the industry?s new Common Structural Rules (CSR) by Hyundai Heavy Industries (HHI) in Korea.The 318,000 dwt Olympia, constructed to Lloyd?s…

A new edition of the International Maritime Dangerous Goods (IMDG) Code, the standard guide to all aspects of handling dangerous goods and marine pollutants in sea transport, has been published by the…

Brazilian iron ore producer Vale denies that it is cancelling its $1.6bn order for 12 VLOCs from the Jiangshu Rongsheng shipyard in China. Despite some reports in the international media suggesting that…

India?s shipbuilding industry could suffer cancellations of about 15% of their total orders, worth at least Rs 3,750 crore, as the global economic crisis takes its toll on the sector, industry experts…

Nippon Yusen K.K., Japan?s largest shipping line by sales, cut its fleet expansion plan by up to 60 vessels as slowing economic growth curbs demand for transporting steelmaking commodities including coal and…

China Ocean Shipping Group (COSCO), China?s largest shipping company, cancelled plans to purchase some 120 vessels in 2009, a source from the company said. According to the original plan, three-quarters were dry…

Fuel testing agency Lintec Testing Services has warned that owners, operators and charterers should not be tempted as a result of financial pressures induced by the global credit crunch into using non-accredited…

Wärtsilä's long established presence in South Korea has been further strengthened with the inauguration of its new service centre and office in Eomgung, Busan. By opening these premises, Wärtsilä will be able…

Ricardo UK Ltd, a global technology and engineering consultancy, has been awarded a 26-month gas engine contract by the world's largest marine diesel engine builder, Hyundai Heavy Industries (HHI). Ricardo and the…

Up to 50 of 190 newbuilding orders at German shipyards may be cancelled due to the financial crisis, according to German media reports. The German shipyard association VSM claims that 25 orders…