Confidence has returned to the container shipping markets with owners starting to place orders for new ships in significant numbers, overcoming concerns of over-capacity that have dominated the industry in the past…

Under a contract signed with Germany’s Deutsche Verkehrs-Bank (DVB), COSCO Dalian Shipyard is building the Dalian Pioneer, the world’s largest deep-water oil drilling vessel.

Det Norske Veritas (DNV) in Norway has formed a new division called DNV Sustainability and Innovation. The new division has been set up to steer DNV towards green service growth and sustainability…