General News

Hanjin Shipping has placed an order for five 10,000TEU containerships with Samsung Heavy Industries. The five 117,000 DWT newbuildings are scheduled for successive deployment from February of 2010 on Hanjin's trans-Pacific route.…

Kleven Verft in Ulsteinvik, Norway, has signed a contract with Siem Offshore Inc for the building of a new, sophisticated multifunctional platform supply vessel. The newbuilding is based on the new MT…

Jinling Shipyard in China seals six MR product carriers from Changjiang Shipping Group Nanjing Oil Shipping. Pacific International Line in Singapore placed an order for two 600TEU container ships with Penglai Bohai…

MSET Shipbuilding Corporation Sdn Bhd, a leading shipbuilding and repair company in Kuala Terengganu on the East coast of Peninsular Malaysia, is aiming to build larger ships measuring up to 120 metres…

South Korea's Daeju Construction Engineering, which specialises in dockyard and city developments, will invest $500 million in a shipyard project in Karimun Island, one of the islands in the Riau Islands province…

The AKER Lorient shipyard (previously Alstom Leroux Naval), in cooperation with Saint-Nazaire Marine, have finalised the installation of a FOR (fast oil recovery) passive safety system on a 310 DWT 40 metre…

The Chinese steel manufacturer, Shanghai Baosteel Group, has increased the price of its thick plate steel from $594 to $606 per tonne while galvanized sheet steel will increase 10.6% to $727. The…

STX Shipbuilding in South Korea has developed, together with Nippon Paint in Japan, an epoxy paint which is VOC-free (Volatile Organic Compounds) compared with existing Alkyd based paint. The shipbuilder will be…

The Cyprus-based Louis group has signed a franchise agreement with easyCruise for exclusive use of the brand in the eastern Mediterranean.Under the deal, Louis plc, which operates 12 cruise ships, will get…

Shipyard workers at the Canadian shipbuilder Davie shipyard are increasingly worried a deal to sell the shipbuilding facility to a Norwegian company is in trouble. Richard Gauvin, said the sale of the…