In a move that defies logic given the current overcapacity in the shipbuilding industry, China State Shipbuilding Corporation (CSSC), the state-owned shipbuilder, is planning a major new shipbuilding facility. CSSC plans to…

Japanese export ship orders continue to decline and, for the 12th consecutive month in September on a year-on-year basis, tumbled 75.5 % to 543,500 gt, according to figures released by the Japan…

India?s largest dockyard Pipavav Shipyard has signed a contract with the Oil and Natural Gas Commission (ONGC) for construction and supply of 12 offshore supply vessels (OSVs) at a total value of…

Taiwanese shipping giant, Evergreen Marine, plans to order 100 container ships in 2010 to expand its fleet to nearly 300, the company's founder Chang Yung-fa said.The ambitious ordering plan comes as the…

Brazilian state-run energy giant Petrobras is considering renting the former Ishibras shipyard in Rio de Janeiro state according to local sources.Petrobras would lease the shipyard at a cost of 4 million Brazilian…

Up to half of all newbuilding orders placed at Chinese yards could end up being delayed as owners try to ride out the recession, according to the government. National Development and Reform…

Clean energy is high on the international agenda and noteworthy resources are put in respective research and development. Germany, through the Federal Ministries for Transportation, Economics, Research, and Environment, has established the…

Ocean Hotels in Norway has signed a $100 million loan agreement with Export Development Canada which will allow Ocean Hotels to draw up to the total amount in construction financing prior to…

Vietnamese state-owned shipbuilder Vinashin is reportedly having trouble delivering projects on schedule as the builder continues to run up huge debts. One of the builder?s subsidiaries, Nam Trieu Shipbuilding (Nasico), is complaining…