General News

Ambassador Stale Torstein Risa of Norway, as the keynote speaker of the two-day International Maritime Conference hosted by John B. Lacson Foundation Maritime University (JLFMU), sounded a warning that there is a…

Norwegian-listed bulk shipping group Jinhui Shipping and Transportation cancelled major orders for two ships, blaming the market volatility in global financial markets for its decision. The two 300,000 DWT very large ore…

Meiji Shipping in Japan has ordered one 50,000 DWT (MR-type) product carrier from Onomichi Dockyard and two 56,000 DWT Handymax bulkers from Mitsui Engineering & Shipbuilding (MES). The PC is due for…

South Korean yard SPP Shipbuilding has received orders for a total of four 59,000 DWT bulkers from two owners. The price is reported to be $48-49 million each which is not far…

Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering Co won a $1.54 billion contract to build oil tankers for Oman. The two South Korean shipbuilders will build five tankers each for…

The Indonesian navy has taken delivery of the second of four corvettes ordered from the Netherlands. The 1,600-tonne Sigma-class corvette, named ?KRI Hasanuddin-366?, will join the navy's Western Fleet as a patrol…

Daewoo Shipbuilding and Marine Engineering (DSME) has won a 465.3 billion won ($492.5 million) order to build two LNG carriers for the state-run gas carrier of Brunei.The contract also has an option…

Daewoo Shipbuilding & Marine Engineering (DSME) is to construct a Won162.2bn block facility to speed up construction of its four-year order backlog. Work on the new factory at its Okpo facility will…

The Copenhagen-based AP Moller-Maersk is to dispose of its car-carrying ships to Norway?s Höegh Autoliners in the latest restructuring move. The move will help Höegh in its efforts to expand its fleet…

The Indian state-owned shipbuilder and ship repairer Hindustan Shipyard Ltd (HSL) plans to invest Rs 1,000 crore in modernising its facilities in the next five years enabling it to enter the naval…