General News

The 52 metre crew boat "Aramara", ordered by Arrendadora Ocean Mexicana (Blue Marine), is the first vessel to be built at Strategic Marine?s Mexican shipyard in Mazatlan. It is also the first…

Chinese and South Korean support for shipbuilders may hurt the industry in the long term by keeping unprofitable yards afloat amid plunging demand, according to Drewry Shipping Consultants Ltd. "There?s absolutely no…

The Dutch shipbuilder, IHC Merwede, the market leader in the construction of specialised dredging equipment, is fast increasing its footprints in India. Last year the company delivered seven dredgers to various Indian…

The US Coast Guard and international shipping lines are becoming seriously alarmed at the number of ships suffering loss of power after switching to low sulphur fuel. This is particularly the case…

The Non-Operating Owner (NOO) fleet of idle containerships has risen to 654,000 teu, the highest level ever recorded, according to the latest Alphaliner fleet survey. The carrier-controlled idle fleet stood at 643,000…

New research from UK-based Clarkson Research Services show that the world newbuild orderbook comprised 8,779 vessels (164.7 million CGT), the lowest since June 2007. Since the start of 2009, orders for gas…

Wärtsilä has signed the United Nations Global Compact (UNGC) initiative and has been registered as a participant by the UN Global Compact Office. With this action Wärtsilä further consolidates its commitment to…

Japanese shipbuilder Kawasaki Shipbuilding is reducing newbuilding capacity at its Sakaide Shipyard by returning to a one-dock system from the current two-dock one in the autumn next year.As newbuilding demand shrinks, it…

China's Taizhou Kouan Shipbuilding has reportedly secured an order for the construction of seven 27,000 dwt multipurpose cargo vessels from a domestic shipowner with delivery scheduled for 2011. Ship prices were not…