Japan's Imabari Shipbuilding Co., Ltd. has developed a new class of 33,000 dwt D/W Type Bulk Carrier named 'IS' TRI-STAR. The shipbuilders say that its share of the
CIC Lixin Shipyard has named and delivered the 'MV Yangtze Oasis' to New Yangtze Navigation (Hong Kong) Co., Ltd. The new type of 34,000 dwt
Prices of newbuilding vessels could well have bottomed out as shipowners are embarking on a new cycle of ordering racing against
Sinopec, China Shipping Development and Japan’s Mitsui OSK Lines have played it safe and selected China’s proven LNG leader, Hudong-Zhonghua
Norwegian offshore shipbuilders, owners and equipment suppliers are the principal beneficiaries of strong growth at
The sixth of the ten cargo ships being built at the Shanghai shipyards for Cuba, as part of a joint project between the Caribbean nation and China, was delivered
Operating in ice requires a very special type of vessel and in turn those vessels require a special type of propulsion, as described by Dag Pike.
Years ago the Russians solved the problem by sheer
Samsung Heavy Industries Co.'s (010140.SE) first-quarter net profit rose 19% on increased high-end ship orders, it said.
Yangzijiang Shipbuilding was hit by an additional cessation of shipbuilding contract in the first quarter, adding on to previous defaults from
China State Shipbuilding Corp (CSSC) has warned of a possible net loss in the first half of this year after posting a 73.1% plunge in first quarter profit.
“Due to reduced newbuilding completion
Creditors of the ailing shipbuilder agree to provide STX Offshore with (US$540 million) in emergency loans.
The news is cited as coming from the
Kawasaki Heavy Industries Ltd. (7012), Japan’s third-biggest shipbuilder, would consider merging to thin out
Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for two vessels capable of three-dimensional (3D) seismic data acquisition
Ningbo Xinle Shipbuilding Group has recently held a steel cutting ceremony for China's first hybrid dual-fuel 30,000 cu m LNG carrier.
The nation's shipbuilders received 9.57 million deadweight tonnage of new orders in the first quarter of the year, a 71.1 percent surge on last year, but analysts still
Jiangsu Sainty Marine has announced yesterday that it plans to expand its shipyard by 62 hectares and 1,100 meters to the west along the Yangtze River shoreline.
Kuang Ming Shipping, a subsidiary of Yang Ming Marine Transport, plans to purchase 2+2 supramax bulk carriers, according to a statement released by Yang Ming.
China’s largest private shipbuilding company, Rongsheng Heavy Industries, delivered 3.9m dwt of vessels last year, a record high, according to the statement
As illustrated by the Graph of the Month, shares of global output have varied greatly in the last decade. Chinese builders increased their share of global deliveries in CGT from 14.3% in 2005 to 41.3% in 2012. During this period output increased from 3.9m CGT to a record 19.9m CGT. Korean yards also increased their
Japanese heavyweights Kawasaki Heavy Industries Ltd and Mitsui Engineering & Shipbuilding Co yesterday denied media reports