General News

Kvaerner Philadelphia Shipyard (KPS) will be christening its second newbuilding later this week. The boxship is being built for Matson Navigation and will be named Maunawili, which means ?winding mountain?. Last summer,…

The Korea Development Bank has disclosed that the current technical level of China falls behind that of Korea by 3.8 years and that of Japan is ahead that of Korea by 2.2…

Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering are in line to win as many as seven tanker orders from Kuwait, which plans to spend more than $525 million to renew…

China Ocean Shipping (Cosco) has ordered two more VLCC tankers to be delivered by 2007 in order to cope with China?s soaring oil imports. The VLCCs, each with a carrying capability of…

At least 60% of ports in the Philippines currently handling various international vessels have properly complied with the international ship and port facility security (ISPS) code which was enforced beginning last July…

The holed bulk carrier Cape Africa was towed into Cape Town harbour yesterday to be berthed at the repair quay. This follows the completion of the bulk carrier?s cargo lightening operation with…

First American Scientific Corp. (FASC) has signed an agreement with Mitsui Engineering and Shipbuilding (MES). The Japanese shipbuilder will conduct a feasibility study into the marketability of the KDS Micronex System in…

Mike Turner, chief executive of BAE Systems, said recently his company was still considering selling its shipbuilding operations because they remained unprofitable and had a negative impact on the company's share price.BAE…