Against a background of 25 per cent over-supply in shipbuilding capacity and a 20 per cent fall in newbuilding prices since 1997, OECD members cannot even agree on the size of the…

While the debate still rages over the loss of the 1975-built Maltese-flagged tanker Erika, its classification Society Registro Italiano Navale (RINA) has confirmed that conditions of class were imposed following a survey…

DNV has made its register of ships freely available on-line through its homepage http://www.dnv.com/registerofvessels. Users can search for vessels using the name (or part of name), former names, IMO registration number, or…

Austal of Australia has signed a joint venture agreement with Bender Shipbuilding to build fast ferries in the USA. The new company, Austal USA, will build the full range of high speed…

Korean yards took the vast majority of the orders placed in December to finish the year ahead of Japan. Its yards took orders for 66 vessels totalling 3.7 million gross against 16…

International Registries is offering free transfer for ships joining the Marshall Islands registry until the end of June, and has also reduced its tonnage tax. For new entrants there will be no…

Kvaerner has sold two more of its smaller yards and confirmed it will retain a stake in Masa-Yards to help secure a sale. "We have to get the best value for shareholders…

Following research that showed that bow slamming in moderate sea states can be as damaging as those in bad weather, Polish classification society, Polski Rejestr Statkow (PRS), has revised its rules. The…

@body:ICO Global Communications, the UK company set up in 1995 to develop a global mobile satellite communications system (previously known as Inmarsat P), has been bailed out of bankruptcy by an injection…

BHP has announced it is exiting the Tasman trade, due to continued loss of earnings in liner shipping service. Its Transport Group general manager Bruce McGowan, said the decision had not been…