Many ship operators know the feeling. Analysis returns show that the water content of the stern tube oil climbed well above acceptable levels and suggests that the seal has started to leak.…

Following the report by the EU Commission which concluded that some Korean yards were making losses of up to 40 per cent on some contracts, the EU Industry Council is to enter…

Sixteen West and Central African States have signed a Memorandum of Understanding (MOU) on Port State Control (PSC). This means only the Gulf area and the Black Sea remain uncovered by PSC…

Lloyds Register is making over 400 people redundant at its UK headquarters and while both DNV and GL has instigated a number of cost cutting measures. The redundancies at LR come as…

Newbuilding orders rise In the quarter to June, newbuilding orders rose by 43 per cent to 6.5 million gross tonnes (mgt), says Lloyds Register.However, the world orderbook dropped by 1.7 mgt to…

No room for complacency During a three-month campaign member states of the Paris MOU detained eight out of 79 bulk carriers, above 30,000gt and over 15 years old, for structural deficiencies. While…

The Netherlands : More dredger orders for IHC IHC Holland in the Netherlands has announced details of some of the latest orders it has received for dredgers and says that, overall, in…

China : Another first for Chinese yards Hard on the heels of recent first-time orders for ropax ferries and VLCCs at Chinese yards, Dalian New Shipyard in China has won its first…

Italy : Minoan orders again Fincantieri`s wholly owned subsidiary Sestri Cantiere Navali has won an order to build a pair of new passenger ferries for Minoan Lines of Greece.The two ships were…