General News

Hantong Ship Heavy Industry (HSHI), located in Jiangsu Province, has become the latest Chinese shipbuilder to win a clutch of newbuilding contracts, with an order for seven bulk carriers worth around 1.4bn…

The National Iranian Tanker Co (NITC) confirmed it will order 12 VLCCs in China on the strength of guarantees from China's export-import bank. Brokers reportedly claim that NITC will build six vessels…

'K'" Line in Japan has ordered a 32,000 dwt bulker from Hakodate Dock, owned by Namura Shipbuilding. The vessel will replace the shipowner's 1996-built 24,000 dwt vessel which was sold in July.…

Cebu-based shipbuilding firm, Tsuneishi Heavy Industries Cebu Inc. (THICI) will be hiring an additional 4,000 skilled workers in the next three months to operate its recently completed P12-billion expansion project. THICI Director…

Japan's Mitsui Engineering & Shipbuilding (MES), in conjunction with Osaka University, will soon be undertaking research on a hybrid propulsion system which combines a battery unit with a diesel engine. The project…

South Korean shipbuilder Dae Sun Shipbuilding & Engineering recently won a contract with a compatriot shipowner to build a new Ro-Ro vessel. This is Dae Sun's first newbuilding order in twelve months…

South Korean builder 21st Century Shipbuilding has signed a letter of intent with an unnamed Asian oil exploration and development company to build four 20,000 dwt chemical tankers. The shipbuilder said that…

The Romanian president said that production at Daewoo Mangalia (DMHI) may have to stop if it does not receive a cash injection. DMHI is a joint venture shipyard between South Korea's Daewoo…

Hamburg-based Hellespont Tankers has taken delivery of the 'Hellespont Centurion', the first of a serious of eight 17,000 dwt IMO-2 chemical tankers. Hellespont Tankers will commercially manage the vessel, which has been…

Jiangsu Rongsheng Heavy Industries (JRHI), the Chinese private shipbuilder, plans to invest up to Yuan2.4bn ($352m) to build an offshore parts yard and ship design institute in Nantong. President of the yard,…