The Italian classification society RINA has published new guidelines to help shipowners identify and secure safe and cost-effective locations to lay up their ships during the current economic downturn. The guidelines cover…

Vinashin recently said the group was facing a financial crunch as 15% of its contracts were cancelled due to the financial crisis. The group didn?t give any details on the value of…

STX Offshore & Shipbuilding in Korea has signed a single contract for the construction of eight 400,000 DWT very large ore carriers (VLOC). The contract is valued at about $879.8 million. Delivery…

ABS was named Best Classification Society during the recent Lloyd?s List Middle East & Indian Subcontinent Awards held in Dubai. The award ceremony is one of six regional events hosted by the…

A major international tanker operator has given detailed information on the steps it is taking in response to the shipping industry?s quest to lower greenhouse gas emissions from vessels.Iran?s NITC currently has…

Caterpillar Marine Power Systems says that its Cat 3500 engine series has been recognized as a commercial marine industry leader since its initial manufacture in the 1970s. The latest step in the…

Korea Development Bank (KDB), the main creditor of Daewoo Shipbuilding & Marine Engineering Co. (DSME), is planning to resume the sale of the shipyard in 2010 after selecting an adviser for the…

Genoa-based classification society RINA has rationalised its organisational structure in order to improve efficiency. In future all RINA-branded operations will be carried out through a new company, RINA Services Sp A. The…

Lloyd?s Register (LR) and International Paint have delivered their 60th training course aimed at bringing Chinese shipyards up to speed with the IMO's new Performance Standard for Protective Coatings (PSPC) on commercial…