Shanghai Shipyard in China has reportedly received an order for two 57,000 DWT bulk carriers from a company in Montenegro at a cost of $28.8 million each. Delivery is scheduled for the…

The Assembly of Assonave, the national association of shipbuilders, repairers and suppliers in Italy, met in Rome last week to discuss the plight of shipbuilding in Europe. Following three years of buoyant…

Rolls-Royce has enhanced its customer support capability in South America with a new Marine Service Centre located in Niterói, Rio de Janeiro State, Brazil.The company has invested $9 million in the new…

Sri Lankan shipbuilder Colombo Dockyard has laid the keel for construction of the last unit in a four-ship series of 78 metre multipurpose PSV for Greatship India.The design of this vessel was…

Singapore-headquartered Yantai Raffles Offshore Ltd, a subsidiary of Yantai Raffles Shipyard in China, has paid RMB 291 million to acquire 100% equity interest in Sanlian Longkou Shipyard in Shandong Province. The shipyard,…

Norwegian based OceanSaver AS, which developed the natural, environmental-friendly and corrosion reducing ballast water management system OceanSaver, was recently granted final approval from the IMO at the latest meeting of the Marine…

Korean shipbuilders have been overtaken by Chinese competitors for the first time after having dominated the global market for the past 10 years according to Clarkson Research Service in London. Chinese shipbuilders…