General News

Tamba Kisen in Japan ordered a 10,000 cbm ethylene carrier from INP Heavy Industries. This shipbuilder now has clinched a total three 10,000 cbm ethylene carriers from Japanese ship owners.

South Korea's Daewoo Shipbuilding & Marine Engineering has canceled an order, received in October, for two semi-submersible drilling vessels worth $402 million. The order had been placed in October by Singapore's Frigstad…

Aker Yards has signed a contract in excess of $30 million to build an Anchor Handling Tug Supply Vessel (AHTS) for Finarge de Navega??o do Brasil, a company of the Rimorchiatori Riuniti…

At its December meeting the California State Lands Commission (SLC) is expected to approve the report to the Legislature titled "Recommendations for Performance Standards for the Discharge of Ballast Water into the…

The State of California Clean Coast Act comes into effect on 1 January 2006 and prohibits incineration onboard oceangoing ships operating within three miles of the California coast. The law also prohibits…

Owners have reported encountering difficulties with the new Brazilian ballast water management requirements issued by the Directoria de Portos e Costas (DPC). The new regulations came into affect on October 15, 2005…

IACS Council has unanimously adopted the Common Structural Rules for implementation to Tankers and Bulk Carriers contracted for construction on/after 1st April 2006. At its December meeting the Council received presentations from…

South Korean shipbuilders are paying large royalties on a core foreign technology for manufacturing LNG carriers, causing a big reduction in their earnings. To build LNG carriers, most Korean and foreign shipbuilders…

China Shipping has won a new order for a 8,530TEU container ship with Hudong Zhonghua Shipbuilding in China for delivery on late 2008. Daehan Shipbuilding in South Korea clinched three 10,000DWT multi…

The option agreement Aker Yards and Tallink had for a large cruise ferry was recently confirmed and the 165 million euro vessel will be built at the Helsinki yard for delivery in…