General News

Gulf capital is behind the consortium which bought two of Poland's three historic shipyards this week, Polish Prime Minister Donald Tusk indicated Saturday. "There is a specific fund which represents the interests…

The Maltese government has asked bidders who submitted offers for the four business units comprising the Malta Shipyards to reconsider the financial portions of their bids and they have until 20 June…

John Fredriksen's Frontline has cancelled orders for six newbuilding very large crude carriers and Suezmaxes at Chinese shipyards worth more than $550m and representing 33% of its order-book. However, Jens Martin Jensen,…

The Air Resources Board (ARB) in California has a proposed regulation under review that, if approved as expected, will require ocean going vessels to use low sulphur marine distillates in main engines,…

Vietnam has granted an investment licence to a consortium of foreign firms led by China Steel, Sumitomo Metal and Sumitomo Corp to invest $1.15 billion in a steel mill in the country's…

Lloyd?s Register?s latest office in China, its 14th, was opened recently and will initially employ more than 20 with the number rising to 30 in the coming weeks.Nick Brown, Country and Marine…

Head of the Russian Federal Fishery Agency, Andrey Krainy, says cooperation with Norway over trawler fleet modernization is a necessity. The obsolete Russian fishing fleet now is in dire need of upgrades…

Officials from major Asian LNG carrier shipyards at Gastech 2009 have said that, while 2009 has been a quiet year so far, they are confident that 2010 will see an upturn in…

Lloyd's Register has published a new guidance document for the design of membrane-technology liquid natural gas containment systems. The document is aimed at improving design procedures with respect to sloshing forces, and…

What might feel like a global shipping meltdown will, in hindsight, be viewed as a worldwide shift to an Asian domination of the maritime industry. Such was the conclusion of a recent…