Shipyards in South Korea are having difficulties in mooring newbuildings of which Deliveries of newbuildings that have been delayed by shipowners, are creating mooring difficulties for Korean shipyards. A rash of owners'…

Belgium-based shipowner Euronav has called on Samsung Heavy Industries to convert a VLCC order to a pair of Suezmaxes. Samsung was preparing to build a 318,000 DWT VLCC for delivery in the…

Hyundai Heavy has signed a contract to build five mid and large sized patrol vessels worth 149.9 billion won with Korea Marine Fund Corporation. The order includes one 3,000 ton class offshore…

Genco Shipping & Trading Limited has taken delivery of the 'Genco Commodus', a 170,500 DWT Capesize newbuilding. The newbuilding is the seventh vessel to be delivered to the Company under Genco's previously…

With its company Voith Turbo Marine Engineering in Rostock that was founded only a few months ago, Voith is breaking new ground with the development of advanced ship concepts. A concept design…

There is a growing awareness in the shipbuilding industry that a closing of the gap between newbuilding and second-hand ship prices is occurring which is making the newbuilding market a more attractive…

The latest Shipbuilding Market Forecast, published by Lloyd?s Register - Fairplay Research, predicts continued modest-but-steady growth for the passenger ship sector over the next five years. The monthly research report provides detailed…

The ship repair, conversion and new building yard of Drydocks World -Dubai has renewed its long-standing association with BP Shipping with the signing of a new alliance agreement.The two companies will work…

Just when everyone is bemoaning the growing overcapacity in the world's shipbuilding industry, the government of the Guangxi region, located in south western China, approves a plan to develop an area in…

The number of deferred deliveries and slippage for containerships has exceeded 1.8 Mteu, or a third of the current orderbook. The bulk of the deferrals recorded by Alphaliner are for ships above…