Wallenius Lines has placed an additional order for three new Pure Car and Truck Carriers (PCTCs) that will be the biggest in the world. The vessels will be 228 metres long and…

A.P. Moller-Maersk placed an order for 10 container ships plus two more options with Hanjin Heavy Industries at a total cost of about $ 970 million.The contratc comprises of six 6,200TEU vessels…

The National Shipping Company of Saudi Arabia (NSCSA) has placed an order with Hyundai Heavy Industries, the worlds? largest shipbuilder, for two VLCC tankers in response to increases in oil production which…

The panel block shop at Daewoo has been modernized with new machinery including automatic welding machines which has increased output by 25%, i.e. from 4.5 to 5.7 blocks daily. The modernization plan…

Bureaucrats in the EU are preparing to threaten a $16 billion-a-year business in the British defence industry under controversial plans to force national governments to open up their lucrative contracts to foreign…

The Islamic Republic of Iran Shipping Lines (IRISL) took delivery of the 2,188 TEU container vessel, Iran Bushehr, from domestic shipbuilder Iran Shipbuilding and Offshore Industries Complex Co. (ISOICO). The $188.5 million…

BC Ferries confirmed its controversial decision to award a contract to build three new Super C-class ferries to a German shipyard rather than elect to have the ships built in Canada. "These…

Korea Metal Worker?s Federation has decided to expel the workers union of Hyundai Heavy Industries. A statement from KMWF said that HHI?s labour union has not supported KMWF?s guideline and the Federation…

Eight years after its establishment, the Viet Nam Shipping Industry Corporation (Vinashin) has built up a good reputation in the shipping industry winning a great number of orders for specialised ships and…

Italian shipping company MSC Crociere has confirmed that it is going ahead with an order for two 1,275 cabin cruise ships for delivery in June 2006 and spring 2007. Both vessels will…