Mr. Mototsugu Ito, chairman of the Shipbuilder's Association of Japan (SAJ), held his regular press conference and said that newbuilding price will be further increased.After reaching their lowest point, newbuilding prices have…

Nanjing Tankers, part of the Changjiang Shipping, placed an order for three 46,000DWT product carriers with Bohai Shipbuilding. Ship particulars are 185 metre long, 32.2 metre wide and 18.2 metre deep with…

The MAN B&W Diesel Group made a decisive strategic step by intensifying their commitments in China and opening a new turbocharger works in Shanghai. Dr. Hans-Jürgen Schulte, President of the MAN B&W…

OOCL signed an agreement with Samsung Heavy Industries for two additional 8,063-TEUs SX class vessels for delivery in 2007. This brings the total numbers of SX class boxships ordered from the Korean…

Sulzer RT-flex96C low-speed diesel engines have been ordered by Odense Steel Shipyard in Denmark, for installation in four 3700 TEU L-class container ships being built for the Danish group A.P. M?ller -M?rsk,…

Bohai Shipbuilding in China has recently delivered its largest newbuilding in the shape of a 159,000 DWT Suezmax crude oil carrier. This was the first unit in a three-ship series ordered by…