General News

Libya's General National Maritime Transport Company has placed orders for six oil tankers valued at a total of $400 million. The contracts were signed with Samsung Heavy Industries in Korea for four…

Thousands of employees in Croatia's ailing shipyard industry protested yesterday against privatisation plans that are part of reforms required by the European Union. "We are sending a message that we do not…

China may lose as many as half of its shipbuilders next year as the global financial crisis forces companies to close down, Shanghai Securities News said, citing Ren Yuanlin, chairman of Yangzijiang…

Fuel testing agency Lintec Testing Services has warned that three fuel oil samples taken recently from vessels that have bunkered in Riga, Latvia, have shown the presence of Dicyclopentadiene (DCPD), a synthetic…

The naming and launching ceremony of a new 3,735 lane metres RoRo freight ferry took place today in Flensburg, Germany. She is the thirteenth of fourteen RoRo vessels Flensburger is building for…

The credit crunch has taken its first Japanese shipyard to the wall with Tsuji Heavy Industries filing for bankruptcy. Tsuji and four of its group companies filed debts of $834m with the…

India?s largest private sector ship builder ABG Shipyard is running the risk of cancellation of orders for three seismic surveyor vessels worth Rs 1,000 crore ($213m) by the prospective Norwegian buyer due…

Six shipbuilders from South Korea, two from China and one from India are competing for a contract estimated at $540 million to build four 318,000 dwt VLCCs for the state-run Shipping Corp.…

South Korea's STX Group has completed building the first vessel made by its shipyard in China's northeastern port city of Dalian. The new 58,000 dwt was delivered to STX Pan Ocean Co.,…

Japan?s NYK Line plans to cuts back on spending for new ships by about 15% for three years in response to the sharply deteriorating global shipping market. The largest Japanese shipping firm…