Shipping companies are experiencing a tightening of lending conditions because of growing market uncertainty and a weakening of banks' ability to lend, senior officials have revealed. The ambitious building programmes announced around…

European engineers and researchers have developed a robot that is able to remove marine growth from a ship's hull. HISMAR, the Hull Identification System for Marine Autonomous Robotics, was developed under European…

Conflicting directions given by the financial authorities are creating confusion for bidders of Daewoo Shipbuilding & Marine Engineering (DSME). After Korea Development Bank (KDB), the main creditor of DSME, changed its stance…

Dalian Shipbuilding Industry, one of China's biggest shipyards, plans to boost production from this year's 3 million dwt to 10 million dwt by 2020. DSIC expects sales of 17 billion yuan this…

Reports are emerging that there are signs of a significant dispute between Norwegian Cruise Line and Aker Yards France, the shipyard that's building NCL's innovative new F3 series of ships. The dispute,…

The naval architect firm of Marin Teknikk in Norway has secured a new contract with a Korean shipyard for delivery of design and engineering package for two new MT 6024 support vessels…

Japan?s IHI Marine United is to provide a Turkish shipyard with the design of its 56,000 dwt bulker "Future 56 (F56)" along with related materials and components in a deal arranged by…

Samsung Heavy Industries has received a 633.4 billion won ($567.8 million) order from Europe and said it would raise its order target for 2008 by more than 30%. The South Korean shipbuilder…

The government of Malta is to issue an official statement regarding its call for expression of interest in the privatization of The Malta Shipyards. The bid closed yesterday and prospective buyers were…

The EU has promised a swift decision on whether to approve Polish government rescue plans for two shipyards where thousands of jobs are at stake. "My people are doing their utmost to…