General News

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…

Addressing the annual Navy Day news conference in India, Adm. Nirmal Verma, India's Navy chief, said, "We need to revisit the building strategies of the defence shipyards. There is a need to…

China should delay its bid to pass South Korea as the world?s biggest shipbuilder to prevent a flood of new vessels prolonging and extending industry wide losses, said Clarkson Plc?s managing director…

The San Diego-based shipbuilder NASSCO, a wholly owned subsidiary of General Dynamics, has delivered the third ship of its State-class of product carriers to American Petroleum Tankers, LLC, a joint venture of…

South Korea's Daewoo Shipbuilding & Marine Engineering has won a $300 million order from a unit of German utility firm RWE Innogy to build two wind turbine installation vessels. The two vessels…

International Register of Shipping (IRS) has signed another international bilateral agreement of collaboration, reinforcing its commitment to promoting the highest standards in the maritime industry.The agreement with Ships Classification Malaysia (SCM) will…

Intertanko is shocked and appalled by the report of the Chief Officer who lost his life during a pirate attack on the tanker Cancale Star off Cotonou on 24 November. The association…

STX Engine has secured a 52.3 billion won ($45.3 million) order to supply eight diesel engines for Korea Coast Guard patrol ships. The deal with Hanjin Heavy Industries calls on STX Engine…