General News

The management of STX Europe?s St Nazaire yard in France is continuing to hope that they might yet avoid laying off employees during the final four months of the year. Last week,…

Yan Yanovsky, Managing Director and Member of the Boards of Directors of United Industrial Corporation (OPK) in Russia and B.T. Ahn, Executive vice-president of Hyundai Heavy Industries (HHI), signed a cooperation agreement…

Modern Commercial Navy (MCN) PLC and United Industrial Corporation JSC (OPK) have signed a cooperation agreement for the potential development and construction of a multifunctional supply icebreaker and a 75, 000 m³…

Mediterranean Shipping Co (MSC) is said to have pushed back deliveries for some of its mega boxships on order. MSC chairman Gianluigi Aponte told Italian media that deliveries of the largest containerships…

Ethiopian Shipping Lines (ESL) is in talks with a Chinese shipyard to buy cancelled newbuildings. The national carrier has been wooed by an unnamed Chinese yard looking to find a home for…

Israel?s Zim Integrated Shipping Services has received the first consignment of its twelve-vessel order with the arrival of ?Zim Los Angeles?. The 8,400 TEU vessel is the first mega container vessel owned…

Ulstein Verft has won the contract with GIEK and Sparebank 1 SR-bank to complete the construction of a large anchor handling vessel for Solstad. The newbuilding comes from the bankrupt Karmsund Maritime…

Kawasaki Heavy Industries' shipbuilding venture in China will delay operations of a second dock in Dalian by three years in the light of the current economic climate. The second dock, originally slated…

The Norwegian-registered STX Europe, an affiliate of the South Korean STX shipyard and shipping group, has used the occasion of Wadan Yards recentinsolvency and pulled out of the German shipbuilding sector entirely.STX…