General News

Seaspan takes delivery of another feederSeaspan Corporation has accepted delivery of the 'CSCL Santiago', a 2,500 TEU newbuilding. The new containership, which was built by Jiangsu Yangzijiang Shipbuilding in China, expands Seaspan's…

Last Friday Korea Development Bank (KDB) signed a preliminary deal with Hanwha Group on the sale of a controlling stake in Daewoo Shipbuilding & Marine Engineering Co. (DSME). Starting next week, Hanwha…

Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd, has secured a contract in a basket of currencies amounting to about S$200m, to design and build a…

Hyundai Mipo Dockyard has signed a $408 million order that revised up a 2007 contract to reflect changes to ship types. The South Korean shipbuilder had initially won a $373 million order…

Bangladesh claims it is set to be swamped with orders for small ocean-going ships in the coming years as major Asian shipbuilders are now fully booked and are either turning down orders…

Hanjin Heavy Industries has not yet made a final decision on whether to drop its $2billion shipyard project in the southern Philippines. According to a Hanjin spokesman, the project is suspended but…

STX Shipbuilding has signed a deal worth 209 billion won ($151 million) to build an oil tanker for a European shipping company. The deal calls on STX Shipbuilding to deliver the VLCC…

John Swire & Sons affiliate China Navigation has confirmed it has ?postponed? its first newbuilds for ten years. The six 40,000 dwt multipurpose vessels costing a combined $360m were put on hold…

Cargotec?s MacGregor business area has strengthened its position and sales activity-potential in Greece by signing a co-operation agreement with Piraeus-based company Oceanking Technical & Trading Ltd. Oceanking will be the sole representative…