General News

The idle containership fleet has continued to climb as carriers are adjusting their capacities for the winter season. Alphaliner?s latest idle containership survey shows that 572 ships are currently unemployed, for 1.52…

Malaysian shipbuilder NGV Tech has acquired a 66% equity interest in South Korean shipyard, TKS Co Limited. The $76 million deal means that TKS will become a subsidiary of NGV and will…

The Japanese engine manufacturer, Niigata Powers Systems, has received an order for 22 sets of high-speed diesel engine to power new patrol vessels for the Japanese Coast Guard. The compact and lightweight…

Golden Ocean has cancelled orders for two 75,000 DWT Panamaxes at the Pipavav Shipyard in India due to construction delays. Chief executive Herman Billung confirmed the company has cancelled the two Panamaxes…

Japan is providing financial support to shore up slumping vessel exports amid flagging demand from ship owners. The government-affiliated Japan Bank for International Cooperation signed a general agreement for arranging an export…

Croatia plans to make another attempt to sell off five shipyards in January next year after the previous tender failed. The country must privatize the shipbuilders and stop subsidies if it wants…

Ecospec Global Technology Pte Ltd ("Ecospec") is making headways in helping both onshore and marine industries to tackle emissions issues with a series of corporate activities taking place at COP15 in Copenhagen.…

The European Commission recently held the preparatory meeting for its new knowledge-sharing network of carbon capture and storage (CCS) demonstration projects. The meeting gathered delegates from 22 projects in 13 European countries.…

Shipbuilding in Hull could be boosted by plans to construct a fleet of eco-friendly ships. Discussions are underway between Hull-based shipbuilder MMS Ship Repair and a Northern Ireland-based firm over a major…

A new initiative has been launched by the Engineering and Physical Sciences Research Council (EPSRC) to study both ways to tackle the problem of emissions created by the global shipping industry and…