STX Shipbuilding in Korea has won orders to build 14 new ships, worth more than $750 million from Indian shipowners who are buying new cargo carriers to cash in on the growing…

The second ethylene tanker out of a series of four was delivered by Meyer Werft to the Norwegian shipping company Solvang ASA (Stavanger). This ship is the 50th gas tanker the shipyard…

One of the world's largest container shipping lines says bunker costs now account for over 50% of its vessels' operating expenditure. A senior official of the French container transport and shipping company…

The Dutch shipping company Vroon BV has ordered four 92,500 DWT bulk carriers at Cosco's Dalian Shipyard in China. The four new vessels are expected to join the fleet in 2009 and…

Shepherd Offshore, based at the Offshore Technology Park in Walker, Tyneside, UK, has snapped up the neighbouring former NIM Engineering site, with plans to spend ?£2m on redeveloping it. The investment will…

The Shipping Corporation of India (SCI)is to acquire six 57,000 DWT handymax bulk carriers at total investment of $269.40 million (Rs 1,077.60 crore). The acquisition of these newbuildings would augment the Indian…

Rolls-Royce has signed its largest contract with Chinese shipbuilder Sinopacific, to provide steering gear and deck machinery worth $42 million. Bjorn Johnsen, Rolls-Royce Vice President Sales and Marketing (Greater China) - Marine…

The last significant gap in the international regime for compensating victims of oil spills from ships is set to be closed, with the entry into force on 21 November 2008 of an…

Aker American Shipping Inc. has decided to split its two divisions into separate companies. One would continue to operate the Aker Philadelphia Shipyard while the other would continue to buy ships produced…

The ship owning company Aker American Shipping ASA has entered into an option agreement with Aker Philadelphia Shipyard ASA to build up to 13 product tankers at a total contract value of…