General News

A Chinese Joint Venture company consisting of Shanghaiguan Shipyard in Hebei, Hebei Cosco, Hebei Construction and an unknown steel holding company, has set up Shanhaiguan Shipbuilding Heavy Industries with a capital investment…

Daewoo Shipbuilding clinched three 318,000DWT VLCCs from National Iranian Tanker Co at the price of $128 million each with delivery scheduled by October 2009. This is the highest VLCC price achieved for…

Hudong Zhonghua Shipbuilding has won an order for two 75,000DWT bulk carrier from a Greek ship owner for delivery in September and December 2008. Guangzhou Wenchong Shipyard secured two 1,400TEU container ships…

Shanghai-based Jiangnan Shipyard will start construction of a new shipyard on the city's Changxing Island early next month, when the company will be celebrating its 140th anniversary. When completed, the new Jiangnan…

BP's two new double-hulled Alaska Class oil tankers are out of service following discovery of cracks in the rudders of both vessels. A spokesman for Alaska Tanker Co., which operates the ships,…

The Power Conversion Business of Alstom has been awarded a multi-million euro contract by Fincantieri to supply electric propulsion systems for two new cruise ships, one for Carnival Cruises to be built…

Daewoo Shipbuilding will be sourcing its supplies of ultra low temperature valves for LNG carrier from compatriot company Seoheung Metal. Previously, the Korean shipbuilders obtained all its ultra low temperature valves from…

Hyundai Heavy Industries has secured an order for eight tankers from NITC (National Iranian Tanker Company). The contract consists of four 317,000DWT VLCCs and four 164,000DWT Suezmax tankers. Hyundai H.I. will build…

The International Bunker Industry Association (IBIA) has called on the bunker industry to comply with the spirit of Marpol Annex VI in addition to meeting the specific technical requirements laid out in…

Aker Yards has been awarded contracts to build five container vessels of the newly developed type Aker CS 1900. The ships will be managed by NSB Niederelbe Schiffahrtsgesellschaft, in Germany and each…