Optimist LLC (Arkhangelsk) commenced construction of a shipyard complex in Arkhangelsk which is estimated will cost RUR 800 mln ($28 million) according to Neftegasexpert with reference to resources in Arkhangelsk region. The…

A study carried out by the Danish embassy in Bangladesh claims the cost of building an ocean-going ship in Bangladesh is around 15% less than in any other competing country thanks to…

POSCO, South Korea's leading steelmaker, is not interested in buying Daewoo Shipbuilding & Marine Engineering (DSME), its ceo said. In January this year, state-run Korea Development Bank terminated the sale of a…

Singapore-based Eastern Navigation Group's offshore services has recently taken delivery of two new offshore vessels. The first vessel, named the 'ENA Challenger', was built at the Zhenjiang Shipyard in China and is…

Alphaliner had projected in March that the idle containership fleet could reach more than 4 Mteu within the next three years. That prediction was based on the expected influx of new capacity…

According to Alphaliner, the fleet of idle containerships has risen to 1.413 Mteu, or 10.9% of the total fleet as at 9 November 2009. Most of the increase over the fortnightcame from…

CMA CGM recently received the CMA CGM Christophe Colomb, first of eight ships of 13,300 teu ordered at DSME (Daewoo) in July 2007. The ship was originally planned for delivery in July.The…

A chapter of shipbuilding history that lasted for more than 40 years closedat Hamburg. Following the delivery of the 1,421 teu Elysee last week, theJ.J. Sietas shipyard, located in the west of…

Ijmuiden-based Offshore Ship Designers (OSD) has strengthened its global network by opening a design office in Singapore. The office will provide a local liaison point for customers building ships in Asia which…