General News

Classification society ABS has adopted new structural requirements for the evaluation of converted floating production, storage and offloading (FPSO) units. The criteria are contained in a revised version of the society?s ABS…

The privatisation of the shipyards in Malta will eventually lead to the company's liquidation, a prospect that only came to light yesterday in a report published by the European Commission. In its…

The Indonesian government may reduce the maximum age of ships allowed for import because of safety concerns and the domestic shipyard industry's increasing ability to manufacture internationally standardized ships. Budi Darmadi, the…

The 43 maritime authorities of the Paris and the Tokyo Memoranda on port state control will begin a joint concentrated inspection campaign with the purpose to ensure compliance with SOLAS Chapter III…

Half of the offshore support vessel newbuildings slated for delivery in 2009 will fail to hit the water this year, ODS Petrodata says. A maximum 200 of the planned 393 anchor handlers…

BAE Systems and VT Group in the UK are poised to sign a ground-breaking joint-venture agreement to merge their shipyards into a national champion. The new entity, to be called BVT Surface…

China Shipping (Group) Co., the nation?s second-biggest sea-cargo company, plans to order dry- bulk ships this year as prices fall on overcapacity concerns and the global recession. "We?ll never give up on…

The estuary of Narmada river, in Gujarat, India, is all set to become the lifeline for shipbuilding activities of India. In a move with far-reaching consequences, the Gujarat government has decided to…

Samsung Heavy Industies is part of the Atlantico Sul (AS) consortium which last week received news it is to receive Reais 542m ($248m) from the Brazilian National Development Bank (BNDES) to build…

Norway?s Ulstein Verft recently launched a new Ulstein SX121 construction vessel on April 29. ?Sarah? has been in the dockyard since the middle of January 2009 and was built for Marine Subsea,…