General News

According to Binali Yildirim, Transport Minister of Turkey, Turkey is expected to finalize a rescue package for the country?s shipbuilding sector by the end of February. As per report the ministry is…

The China Daily has reported that China?s shipbuilding industry, which last year suffered its steepest annual decline since 2003, is likely to be squeezed further this year by shrinking order books and…

Greatship Global Offshore Services, a Singapore-based subsidiary of The Great Eastern Shipping Company, has taken delivery of the 'Greatship Abha', an 80ton bollard pull anchor handling tug cum supply vessel, from the…

Korean shipbuilders rank Nos. 1 to 3 in sales but they are also being buffeted by the global economic storm. The plight of Korean shipbuilders has hit Korea hard, an exports-driven country…

Samsung Heavy Industries has signed a memorandum of understanding with United Shipbuilding Corporation (USC), a Russian state shipbuilding holding,USC is seeking to modernize Russian shipyards and unite them in three regional groups…

A purpose-built barge being commissioned by the end of February at MacGREGOR?s offshore equipment manufacturing site in Kristiansand, Norway will enhance the Offshore division?s production and testing capacity MacGREGOR?s Offshore division is…

Unconfirmed reports indicate that Taiwan?s Evergreen Marine has plans to spend $5.5 billion to build 100 container ships before the anticipated recovery of the global economy in 2012. The fleet augmentation will…

Last year Hydrex officially opened its first US office in the Tampa Bay area. Hydrex LLC is prepared to mobilize immediately and is capable of efficiently servicing ships and offshore units calling…

Austal has secured its first European defence contract with an order for four 21.2 metre inshore patrol craft - including training and spares support - with the Armed Forces of Malta (AFM).The…

Loss-making Croatian shipyard 3.Maj has signed a contract for two 51,800 dwt product tankers for $106 million. The state-owned builder will deliver the ships to owner Uljanik Plovidba, also of Croatia, in…