General News

The South Korean shipbuilder has won an order for two 11,800 DWT trailing suction hopper dredger and one 6,500 DWT stone dumping vessel from two affiliates of Jan De Nul Group (JDN…

Ow Chio Kiat, executive chairman of the Singapore Shipping Corporation (SSC), has signed an agreement to market a new fuel-efficient technology to 10 shipping lines for the Singapore-based Neftech.Up to 1,200 ships…

CMA CGM may soon need to pay a heavy price for the aggressive expansion program it has undertaken as it seeks to reduce its estimated $5.6Bn debt burden. The French company announced…

Sembcorp Marine's subsidiary Jurong Shipyard has delivered a second ultra-deepwater semi-submersible rig, the Ocean Valor (previously PetroRig II), on schedule to Diamond Offshore Drilling Limited. Diamond Offshore Drilling Limited acquired from PetroRig…

COSCO International Ship Trading Co., Ltd. has agreed with COSCO (Zhoushan) Shipyard on the cancellation of their contracts for two 5,000-unit pure car and truck carriers (PCTCs).The PCTCs are the third and…

The International Chamber of Shipping (ICS), based in London, has reaffirmed its commitment to developing a consensus among shipowner organisations over emissions reduction schemes, despite growing criticism. In a recent press release,…

The 2nd German Society for Maritime Technology (STG) International Conference on "Ship Efficiency" in Hamburg left more than 200 participants wondering whether the current proposal to implement an Energy Efficiency Design Index…

Japan's Namura Shipbuilding has completed its first VLCC, the 'Atlantic Pioneer', and delivered it to Mitsui OSK Lines (MOL). With this delivery, Namura has achieved its long-cherished ambition to enter the VLCC…

Hyundai Mipo Dockyard is said to have received an order for the construction of two 1,000-teu containerships from a Greek shipowner. No price or delivery dates have been announced. The South Korean…

Bulgarian owner Navibulgar has cancelled a contract for a handysize bulker at the domestic Varna shipyard. Industrial Holding Bulgaria (IHB), which controls Varna through its Bulyard subsidiary, said the deal for hull…