Hyundai Vinashin in Vietnam has handed over a 56,000 dwt bulk carrier to the German shipping company E.R. Schiffahrt. The $50 million ship is being handed over 2 months ahead of schedule.The…

South Korean shipbuilder STX Offshore & Shipbuilding said it was in talks with the Korea Development Bank (KDB) to sell a stake in STX Heavy Industries Co. STX Offshore said in a…

Today a ceremony is being held to celebrate the first engine shop test at the newly built two-stroke engine factory of Hefei Rong'An Power Machinery Co Ltd (RPM), a member of the…

Dampskibsselskabet NORDEN A/S, an independent Danish shipowner operating a fleet of tankers and bulk carriers, has taken delivery of the first in a series of six new medium range (MR) product tankers…

Aberdeen-based North Star Shipping, part of the Craig Group, has taken delivery of its latest vessel, an Offshore Ship Designers (OSD) IMT978 PSV design, named ?Grampian Talisker?.Built by Astilleros Balenciaga in Northern…

Shipping Corporation of India (SCI) has outlined a $4 billion capex to expand its fleet of vessels by 2012. The company, which had put new acquisitions on hold pending correction in the…

MAN SE has won a contract with Karadeniz Powership Co. Ltd. of Turkey to supply up to 24 engines to be used to generate power-grid electricity from aboard ships.MAN said the deal,…

Denmark?s Clipper Group is looking for a shipyard in Northern Europe to build four 91.4m double-ended passenger/car ferries for its wholly-owned domestic ferry operator Nordic Ferry Services. The quartet will each be…

Daewoo Shipbuilding & Marine Engineering Co. (DSME) has received a $460 million order to build four very large bulk carriers. The Korean shipbuilder identified the customer only as "a client in Southeast…