General News

Taiwan?s container liner Evergreen Marine's parent, Evergreen Group, has shelved a plan to invest in a Chinese shipyard due to weak market conditions. Evergreen had intended to form a shipbuilding joint venture…

Kawasaki Kisen Kaisha, Ltd. ("K" Line) in Japan has reached an agreement with the holding company of Titan Quanzhou Shipyard Ltd. (TQSL), a shipyard under construction in a suburb of Quanzhou City,…

According to Jiujiang Yingxin Shipbuilding Company (JYSC), one of the largest private shipbuilders in China, the company has recently signed a large newbuild contract with Dalian Haichang. The contract involves building 20…

Brazilian iron ore miner Vale has ordered 12 very large ore carriers (VLOC) from Chinese shipbuilder RongSheng Shipbuilding and Heavy Industry for $1.6 billion. Each of the ore carriers will have a…

Italian-based Siba Ships, the world?s leading maritime livestock transporting company, has placed a $250 million order for two livestock carriers to be built at Croatia?s Uljanik yard. The new vessels will carry…

The shipbuilding process for Pure Car/Truck Carriers (PCTCs), the next- generation ship that Hyundai Mipo Dockyard (HMD) has recently made one of its main products, is proceeding smoothly. HMD held a meeting…

For decades, Palmer Johnson in the US has produced some of the world's largest luxury motor yachts and, last week, president and CEO Mike Kelsey Jr. confirmed that the company was opening…

The Ice Maiden 1 conversion contract at A&P Tyne, Hebburn, should have kept several hundred workers busy until next March. But the order is now in doubt after troubled Scottish company C&M…

Cosco Shipyard Group will build two more Sevan 650 drilling units at a combined value of $500 million for Sevan Marine ASA. Sevan has made prepayment of S$7 million to secure the…