The Singapore ship repair and shipbuilding company, SembCorp Marine, is paying $28.5 million for a 30% stake in Cosco Shipyard Group (CSG), China's largest ship repair company with yards in Dalian, Nandong…

BC Ferries in Canada claims domestic shipyards are not capable of building new vessels for its fleet. In a departure from past practice, the ferry company plans to award a contract worth…

Venezuela will send two oil tankers to an Argentine shipyard for maintenance this year under a new bilateral energy cooperation pact. This announcement was made by Ali Rodriguez, president of Petroleos de…

D. T. Joseph, shipping secretary of the Indian government, and P. K. Srivastava, chairman and managing director of the Shipping Corporation of India - owner of almost 40% of India's shipping tonnage,…

Lloyd?s Register Asia has signed a contract with Dalian New Shipbuilding Heavy Industry (DNS) for its single biggest order in China to date comprising of 17 ships (seven VLCCs and 10 container…

Daihatsu has launched the DC-32, a new medium speed engine, with a strong environmental bias based on improved fuel efficiency and lower emissions levels. The new engine was developed around the same…

Management and labour union at Hyundai Heavy Industries tentatively agreed a wage hike and other working condition, the shipbuilder announced today. Both sides agreed to increase basic wage of W 83,000, a…

Kvaerner Philadelphia Shipyard (KPS) will be christening its second newbuilding later this week. The boxship is being built for Matson Navigation and will be named Maunawili, which means ?winding mountain?. Last summer,…

The Korea Development Bank has disclosed that the current technical level of China falls behind that of Korea by 3.8 years and that of Japan is ahead that of Korea by 2.2…

Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering are in line to win as many as seven tanker orders from Kuwait, which plans to spend more than $525 million to renew…