Former STX Head Gets Six Years in Prison

Former STX Head Gets Six Years in Prison

Seoul Central District Court  has sentenced Kang Duk-soo, the founder and the former head of South Korea’s shipping and shipbuilding conglomerate STX Group, to six years in prison for a number of corporate crimes, ...

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Ultramax Newbuild Ready for Charter

Ultramax Newbuild Ready for Charter

Drybulk operator Baltic Trading Limited  has taken delivery of the Baltic Hornet, a 64,000 dwt Ultramax ...

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DSME Strikes Again

DSME Strikes Again

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has won orders for three container ships ...

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Vigor Christens Its New Drydock, the Vigorous

Vigor Christens Its New Drydock, the Vigorous

American shipbuilder Vigor Industrial held a christening ceremony on Saturday, October 25th for its new drydock, ...

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India to Buy Polar Research Vessel

India to Buy Polar Research Vessel

India’s Cabinet Committee on Economic Affairs has approved the acquisition of a Polar Research Vessel for the ...

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124 Oil Tankers to Join Global Fleet in 2014

124 Oil Tankers to Join Global Fleet in 2014

Some 124 vessels are expected to enter the oil tanker trading fleet in 2014, while 60 tankers were forecast to be ...

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DSME Bags LNG Carrier Duo

DSME Bags LNG Carrier Duo1

Korean shipbuilding giant Daewoo Shipbuilding and Marine Engineering (DSME) has won an order for two LNG carriers, ...

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Fincantieri, Vittoria Shipyard Join Forces

Fincantieri

  Trieste-based shipbuilder Fincantieri and Vittoria Shipyard, located in Adria (Rovigo), specialized in naval ...

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Canada Needs Bigger Budget for Arctic Fleet Expansion

Coast Guard Canada

Canada will have to spend substantially more than planned CAD 2.8 billion (USD 2.5bn) to build a proposed fleet of ...

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Hantong to Build World’s First CNG Carrier

Hantong to Build World’s First CNG Carrier

Jiangsu Hantong Ship Heavy Industry signed a shipbuilding contract with CIMC ENRIC SJZ GAS on 26th October, 2014, ...

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MAN Approves Hitachi’s SCR System

MAN Approves Hitachi's SCR System

South Korea’s Hitachi Zosen Corporation has become the world’s first firm to receive first-time approval ...

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Damen Entrusted with MSC Magnifica’s Refit

Damen Entrusted with MSC Magnifica's Refit

Damen Shiprepair Rotterdam, part of Damen Shiprepair & Conversion, has been awarded a cruise repair and ...

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Offshore Energy 2014 Kicks Off

Offshore Energy 2014 Kicks Off

Offshore Energy Exhibition and Conference 2014, one of the fastest growing gatherings of offshore professionals, ...

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Royal Caribbean Takes Delivery of Quantum of the Seas

Royal Caribbean Takes Delivery of Quantum of the Seas

Royal Caribbean accepted delivery today of its newest cruise ship, Quantum of the Seas, from shipbuilder Meyer ...

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Chinese Firms Partner Up to Develop LNG Carriers

Chinese Firms Partner Up to Develop LNG Carriers

Jiangxi Jiangzhou United Shipbuilding Company Limited (JJUSCL), an indirect wholly owned subsidiary of the China ...

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Chantier Davie Strikes Partnership to Boost Operations

Chantier Davie

Canada’s shipbuilder Chantier Davie Canada has signed a cooperative agreement with Aecon Atlantic to work on ...

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Naviera Integral Orders Two Crew Vessels from Damen

Naviera Integral Orders Two Crew Vessels from Damen

Dutch Damen Shipyards has received an order to deliver two fast crew supply vessels to its Mexican client Naviera ...

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Scorpio Reports Minimal Loss in 3rd Quarter

Scorpio

Scorpio Tankers Inc. today reported a minimal net loss of USD 1.2 million, or USD 0.01 basic and diluted loss per ...

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Lithuanian LNG Terminal Welcomes Independence

LNG storage vessel Independence

The welcoming ceremony for the liquefied natural gas (LNG) storage vessel Independence, built for the Klaipeda LNG ...

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Fincantieri Presents Costa Diadema

Fincantieri Presents Costa Diadema

Costa Diadema, the fifteenth ship of Costa Cruises fleet, was presented by Costa Cruises and Fincantieri at the ...

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Readers’ Picks of the Week (20-24th of October)

Readers’-Picks-of-the-Week

Clyde and Co: Ships with Fatigued Crew Unseaworthy If a ship’s crew doesn’t receive enough rest while trying to ...

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Nevsky Shipyard Snares Four

Nevsky Shipyard Snares Four

Russia’s Nevsky Shipyard and the Direction of State Contractor of Marine Transport Development Program signed ...

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Bocimar Pulls Plug on Six Newbuilds

Bocimar Pulls Plug on Six Newbuilds

After cancelling the order for four units from Samjin Shipyard earlier this year, dry cargo specialist Bocimar, a ...

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Fincantieri Launches Super Luxury Cruise Ship

Fincantieri Launches Super Luxury Ship

Fincantieri has launched  a super luxury cruise ship Le Lyrial, ordered by the French shipping line Ponant ...

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Diamond Offshore to Scrap Six Rigs

Ocean Winner

Deepwater drilling contractor Diamond Offshore Drilling, Inc. has revealed plans to retire and scrap six of its ...

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