Under a contract announced by the UAE Armed Forces, Abu Dhabi Ship Building (ADSB) is to construct twelve new boats for the UAE Navy and retrofit twelve existing boats. The contract calls…

Shipyards in Japan reported 69% fewer orders in January and forecast a third year of declines in 2009 as the global recession slashes demand for new vessels. According to the Japan Ship…

Mitsui Engineering & Shipbuilding (MES) in Japan completed and delivered a110,000DWT double hull crude oil tanker named 'Mare Nostrum'. Hull No. 1678 was built at the shipbuilder's its Chiba works for the…

State-run Shipping Corp. of India Ltd (SCI) has scrapped a tender to buy four dry bulk cargo carriers as demand for ships declines in the face of a slowdown in global trade.…

Western Australian shipbuilder Strategic Marine officially opened its multi-million dollar shipyard in Vietnam today. The new facility takes up 136,000m3 at the Dong Xuyen Industrial Zone in Ba Ria Vung Tau province…

The shipping and finance ministries are set to resolve a 17 month-old dispute over subsidising shipbuilders on confirmed orders that were considered ineligible for a five-year scheme which ended on 14 August…

The Alaska Marine Highway System (AMHS) recently announced a ferry acquisition project which calls for the design and construction of the next generation Alaska-class of ferries to begin replacing ageing ships currently…

According to Binali Yildirim, Transport Minister of Turkey, Turkey is expected to finalize a rescue package for the country?s shipbuilding sector by the end of February. As per report the ministry is…

The China Daily has reported that China?s shipbuilding industry, which last year suffered its steepest annual decline since 2003, is likely to be squeezed further this year by shrinking order books and…

Korean shipbuilders rank Nos. 1 to 3 in sales but they are also being buffeted by the global economic storm. The plight of Korean shipbuilders has hit Korea hard, an exports-driven country…