General News

Japanese multimodal shipping company Mitsui O.S.K. Lines has planned major investment in Vietnam?s port and shipping industry with the focus on major services such as port logistics, shipping, marine human resource training…

The Vietnam Shipbuilding Industry Corporation (Vinashin) reported an output value of over VND9 trillion ($567 million) and revenues of over VND5.6 trillion ($351 million) in the first nine months of 2006. The…

Intertanko, the association of independent tanker owners and operators ofoil and chemical tankers, is planning to propose that the world's shippingindustry switch from residual fuel to distillate fuel to further reduceseaborne air…

Amendments to MARPOL Annex II and the International Bulk Chemicals (IBC) Code1 come into force on 1 January 2007. The requirements are applicable, to varying extents, to all new and existing ships…

Keppel Kazakhstan LLP (Keppel Kazakhstan), a unit of Keppel Corporation Limited through Keppel Offshore & Marine Ltd (Keppel O&M), has launched the transportation barge AKKU1, built for Agip Kazakhstan North Caspian Operating…

The Vietnam Shipbuilding Industry Group (Vinashin) secured two large contracts worth $800 million with their partners in the United Kingdom. The Vietnamese shipbuilding giant will build 25 ships worth $680 million for…

Kuwait Oil Tanker Company (KOTC) plans to build four new crude oil tankers with a total capacity of 1.2 million tonnes. According to the report, each tanker will cost between $120 million…

National Iranian Tanker Company (NITC) has ordered six oil tankers for carrying oil from Caspian Sea littoral states to the northern port of Neka, announced head of the company. Three of the…

The US-based Residential Cruise Line Ltd. (RCL), the parent company of the Magellan, the world's largest private residential cruise ship, will be expanding the proposed new vessel by adding twelve additional residences…

Indonesia's shipping industry needs $1.25 billion in investment to produce a fleet of coal carriers to meet the government's crash program in the power supply sector to build new coal fired power…