Exmar, the Belgian shipping company, has placed an order for a LNG RV (LNG regassification vessel) with the Korean shipbuilder Daewoo (DSME) at a cost of $200 million. The vessel, the ownership…

The Korean shipbuilder, Hanjin Heavy Industries, recently secured two orders for container ships. The first contract is for four 5,100TEU vessels valued at $270 million from Niki Shipping in Greece while the…

Worried about national security, the UK government appears to be adamant that BAE Systems' sale of its shipbuilding arm should not include its submarine yard at Barrow in Furness. The Ministry of…

China State Shipbuilding Corporation (CSSC), China?s largest shipbuilding group, is seeking further exchanges and co-operation with Japanese shipbuilders to meet the growing demand for newbuildings from foreign and domestic shipping companies. Speaking…

The 149,535DWT bulk carrier Cape Africa has encountered difficulties off South Africa while on passage with a cargo of iron ore. The 1991 built vessel is owned by U Ming Transport, is…

The first Sulzer RT-flex96C low-speed marine engine has successfully completed its official shop test at HSD Engine in Korea. With an output of 45,760 kW, this is the largest engine to employ…

Hyundai Samho Shipyard in South Korea has established an on-line drawing delivery system that makes it possible to send all design drawings on-line. The shipbuilder estimates that the system can create an…

Singapore?s Keppel Corp, the world's biggest builder of shallow-water oil rigs, has had to raise prices for its oil rigs and ships this year as rising steel prices impacted on its raw…

?Contrary to indicators elsewhere across industry ISMA (International Ship Managers? Association) members will comfortably meet the deadlines imposed by IMO, flag states and national governments to comply with the demands of the…