General News

Norwegian based OceanSaver AS, which developed the natural, environmental-friendly and corrosion reducing ballast water management system OceanSaver, was recently granted final approval from the IMO at the latest meeting of the Marine…

Korean shipbuilders have been overtaken by Chinese competitors for the first time after having dominated the global market for the past 10 years according to Clarkson Research Service in London. Chinese shipbuilders…

EU Directive 2005/33/EC, also known as the EU Sulphur Directive, includes a provision (article 4b) which requires that, as from 1 January 2010, when at berth (and/or at anchor) for longer than…

Bidders for the Malta Shipyards Ltd's super yacht facility were asked to submit fresh proposals yesterday because their first offers were considered unsatisfactory.The Privatisation Unit informed the Maltese government that, after considering…

Kawasaki Kisen Kaisha, Ltd. ("K" Line) in Japan has signed a ship repair joint venture agreement with Hanjin Shipping and Shunhe Shipping of Zhejiang Eastern Shipyard Co., Ltd. (ZESCO), a shipyard in…

Chinese shipbuilders Cosco Corp and Yangzijiang Shipbuilding seem to be operating on different planets following recent reports of sharply contrasting earnings.Higher operational costs and a generally tough trading environment dented Cosco's profits…

The Norwegian shipbuilding industry seems to be facing a difficult future with few new orders on the books and the looming threat of mass lay-offs. Representatives for the industry will meet to…

Sembcorp Marine today unveils plans to develop a modern, cost-efficient and integrated New Yard facility to position the group for sustainable growth and expansion of its marine and offshore businesses.To be situated…