General News

China's Sinochem Group recently signed a letter of intent with 21st Century Shipbuilding of South Korea to build four 20,000-dwt stainless-steel chemical tankers. Both parties to the deal are said to be…

Local sources report that Chongqing Iron & Steel Co Ltd is expected to be China largest shipbuilding steel producer by the end of next year when the first phase project of its…

China's shipbuilding enterprises realized a total output of 300.6 billion yuan ($44 billion) in the first seven months of this year, Ministry of Industrial and Information Technology said. The figure represents an…

South Korea's newly-established shipbuilder Shin An Heavy Industries has ended its orders drought and received a new contract for a heavy lift vessel from compatriot Hanjin Corporation. The 12,300 dwt newbuilding is…

Export ship orders in Japan dropped for the 10th consecutive month in July on a year-on-year basis, tumbling 63.2% to 950,820 gross tons, according to figures released by the Japan Ship Exporters'…

The Lithuanian shipbuilder Western Shipyard (VLG), owned by the BLRT Group in Estonia, is considering the acquisition of the Baltija Shipyard although VLG's boss Arnoldas Sileika said that any statements on the…

South Korea's Doosan Engine, which specializes in building vessel diesel engines, achieved 60 million bhp in aggregate production recently. This milestone was reached in world record time, just 25 years after completing…

Brazil's Transpetro, the shipping arm of Petrobras, is inviting 19 shipbuilders, including nine foreign companies, to bid on a contract for eight LPG carrier newbuildings. The vessels include four 7,300-cbm gas ships…

The Greek shipping company Navios Maritime Holdings Inc. announced that it has reached an agreement to acquire two 180,000 dwt Capesize vessels, currently under construction at the same South Korean Shipyard, to…

The first Iranian-built ocean vessel named 'Iran-Arak' is ready to be launched according to local press reports. The 2,200 TEU container carrier is 185 m long, 30 m wide and has a…