General News

MOL and K Line opt for very large ore carriers to satisfy growing world demand for iron ore and other raw materials.Mitsui O.S.K. Lines (MOL) signed an agreement last month with Nippon…

The oil and gas resources of the Arctic and Far Eastern areas of Russia are the worlds biggest energy reserves outside the OPEC countries and, because of their geographical location, they are…

Commercial common sense without compromising capability in warship design.Warships are, for the most part, bespoke items. Low production runs, unique requirements, tightly defined specifications combined with a need for exceptional capability and…

Exmar, the Belgian shipping company, has placed an order for a LNG RV (LNG regassification vessel) with the Korean shipbuilder Daewoo (DSME) at a cost of $200 million. The vessel, the ownership…

The Korean shipbuilder, Hanjin Heavy Industries, recently secured two orders for container ships. The first contract is for four 5,100TEU vessels valued at $270 million from Niki Shipping in Greece while the…

Worried about national security, the UK government appears to be adamant that BAE Systems' sale of its shipbuilding arm should not include its submarine yard at Barrow in Furness. The Ministry of…

China State Shipbuilding Corporation (CSSC), China?s largest shipbuilding group, is seeking further exchanges and co-operation with Japanese shipbuilders to meet the growing demand for newbuildings from foreign and domestic shipping companies. Speaking…

The 149,535DWT bulk carrier Cape Africa has encountered difficulties off South Africa while on passage with a cargo of iron ore. The 1991 built vessel is owned by U Ming Transport, is…

Hyundai Samho Shipyard in South Korea has established an on-line drawing delivery system that makes it possible to send all design drawings on-line. The shipbuilder estimates that the system can create an…