General News

Shipping Corporation of India (SCI) said it will place orders for 10 ships in this financial year. Last year, the company had postponed the purchase of eight new vessels owing to global…

Officials of Taiwan's leading shipbuilder, the state-run CSBC Corp., said recently that, despite a last-minute decision by the Israeli shipping company ZIM to cancel an order for six container ships worth $220.4…

Austal will build its largest catamaran to date following an order from Denmark?s Nordic Ferry Services for the design and construction of a 113m high speed vehicle-passenger ferry. This order, which was…

Shipbuilding slump such as new order drought and existing order cancellations could last as much as 10 years, according to a South Korean analyst. Especially, small and midsize shipbuilders could face closure…

Fincantieri Marine Group, which operates Marinette Marine Corp. and Bay Shipbuilding Co. in the USA, is closely watching federal legislation introduced last week seeking construction of a new Great Lakes icebreaker. "We…

Chittagong Port Authority (CPA) has said it would allow shipbuilding yards in the upstream of the Karnaphuli river. But shipbuilders say CPA's policy would 'stunt' the growth of the emerging industry. CPA…

After almost six months during which almost no new building orders have been placed, shipyards around the world and especially in the two biggest shipbuilding nations of South Korea and China are…

Fincantieri is holding last-ditch talks with Italy's three main metalworking unions in the hope of agreeing a deal on a new labour contract. Talks have been going on for months, with the…

The merger of Noble Denton and Germanischer Lloyd forms a fully integrated technical assurance and consulting company to serve the worldwide energy industries. The new entity will provide assurance, inspection, and consulting…

Mitsui O.S.K. Lines (MOL), the world's largest operator of iron-ore vessels, halted new orders for the ships as demand for steel drops. The company is scrapping up to seven iron-ore carriers and…