Shipbuilders in Bangladesh are seeking government help and incentives for a boost to the industry. "We need a 30 percent incentive for the industry for at least five years," Abdullahel Baki, chairman…

Neorion Shipyards in Greece has reportedly said that it would consider purchasing the Hellenic Shipyards from Germany?s ThyssenKrupp. The German company has been in talks with the Greek Government over the sale…

The fleet of idle containerships have risen within the last fortnight to reach1.393 Mteu, or 10.7% of the existing fleet according to the latest Alphaliner newsletter. The rise is led by the…

Zim has secured the acceptance of more than 95% of its creditors to the restructuring plan that it has put forth. An agreement appears to have beenreached with representatives of the Zim?s…

Maersk Line is to opt for extra slow steaming on the Asia-Europe route, starting from the end of November. The Danish carrier will adjust sailing speeds on westbound crossings from Asia to…

India's biggest shipbuilder under state control, Cochin Shipyard Ltd, is talking to potential partners in the defence sector to jointly build a new dry dock at the yard to boost capacity.The Kerala-based…

Brazilian billionaire Eike Batista is said to be planning to build a new shipyard in Rio de Janeiro. Batista, who is the owner of Offshore Services X, recently announced plans to build…