Hanjin Shipping has placed an order for five 10,000TEU containerships with Samsung Heavy Industries. The five 117,000 DWT newbuildings are scheduled for successive deployment from February of 2010 on Hanjin's trans-Pacific route.…

Kleven Verft in Ulsteinvik, Norway, has signed a contract with Siem Offshore Inc for the building of a new, sophisticated multifunctional platform supply vessel. The newbuilding is based on the new MT…

The AKER Lorient shipyard (previously Alstom Leroux Naval), in cooperation with Saint-Nazaire Marine, have finalised the installation of a FOR (fast oil recovery) passive safety system on a 310 DWT 40 metre…

The Chinese steel manufacturer, Shanghai Baosteel Group, has increased the price of its thick plate steel from $594 to $606 per tonne while galvanized sheet steel will increase 10.6% to $727. The…

STX Shipbuilding in South Korea has developed, together with Nippon Paint in Japan, an epoxy paint which is VOC-free (Volatile Organic Compounds) compared with existing Alkyd based paint. The shipbuilder will be…

The Cyprus-based Louis group has signed a franchise agreement with easyCruise for exclusive use of the brand in the eastern Mediterranean.Under the deal, Louis plc, which operates 12 cruise ships, will get…

Shipyard workers at the Canadian shipbuilder Davie shipyard are increasingly worried a deal to sell the shipbuilding facility to a Norwegian company is in trouble. Richard Gauvin, said the sale of the…

The London P&I Club has warned of the potential dangers faced by seafarers on entering enclosed onboard spaces, in the event that proper safety procedures are not followed.IMO recommends that a competent…

The Norwegian National Centre for Gas Power Technology has awarded financial support to DNV?s development of a guideline that shall ensure the quality of CO2 capture technologies for natural gas power generation.…

In the near future, fuel cell technology will transform the economics and environmental impact of commercial shipping, according to the joint industry project 'FellowSHIP'. The project recently concluded the first stage of…