Computational Fluid Dynamics

Over just the past fifteen years, the use of Computational Fluid Dynamics (CFD) has become mainstream in ship design.

COSCO Braces for Rough Fourth Quarter

COSCO Braces for Rough Fourth Quarter

Singapore Exchange mainboard-listed COSCO Corporation (Singapore) Limited has recorded a 17.1% increase in turnover ...

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HHI Posts Worst Quarterly Loss

The world’s biggest shipbuilder Hyundai Heavy Industries (HHI) recorded the worst quarterly net loss so far, ...

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Scorpio Reports Minimal Loss in 3rd Quarter

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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OOCL Marks Spike in Total Volumes

OOCL Marks Spike in Total Volumes

Orient Overseas Container Line (OOCL), a part of Hong Kong-based  Orient Overseas (International) Limited, has ...

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Euro Banks to Increase Bad Shipping Loan Provisions by ...

Euro Banks to Increase Bad Shipping Loan Provisions by Quarter

European banks need to increase their provisions for bad shipping loans by 25%, to EUR 7.3 billion (USD 9.25bn), ...

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Euronav Going Strong

VLCC earnings are up 80% for the third quarter compared with the third quarter last year, Antwerp-based tanker ...

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MISC Announces First Quarter 2013 Results (Malaysia)

MISC announced its financial results for the first quarter ended 31 March 2013. Group revenue of RM2,379.4 million ...

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Vantage Drilling Records Net Loss in Q1 2013, Enters ...

Vantage Drilling Company reported a net loss for the three months ended March 31, 2013 of $24.9 million or ($0.08) ...

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Norway: WWH’s Q1 2013 Income Declines amid Drop in ...

WWH’s operating profit and total income declined quarter on quarter and year over year mainly as a consequence of ...

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Navios Reports First Quarter Results (Greece)

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, reported its financial results ...

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UK: Harland and Wolff Reports Strong Q1 Results

Belfast-based Harland and Wolff Heavy Industries’ ship repair and conversion business has recorded one of its ...

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ReCAAP: Report on Piracy Incidents for 1st Quarter of 2013

For the period January-March (1st quarter) of 2013, a total of 28 incidents comprising 27 actual incidents and one ...

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Moore Stephens – Shipping Confidence Rises for ...

  Overall confidence levels in the shipping industry increased in the three months ended May 2012, to reach ...

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Singapore: NOL Group Reports USD 254 Million First ...

Singapore-Based NOL Group Reports USD 254 million First Quarter Net Loss

NOL Group, the Singapore-based container shipping and logistics company, today reported a first quarter 2012 net ...

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UAE: DP World Reports Another Strong Performance in ...

  DP World’s global portfolio of container terminals has delivered another solid quarter handling gross ...

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The Netherlands: Fairstar Operates with Loss in Third Quarter

Fairstar Heavy Transport N.V. (FAIR) released its third quarter results to the market. During the quarter Fairstar ...

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Xtreme Oil & Gas, Inc. Announces Rework Progress ...

PLANO, Texas, Jul 28, 2008 (BUSINESS WIRE) — Xtreme Oil & Gas, Inc., (Pink Sheets: XTOG) is pleased to ...

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Largest cruise ship berths in UK ahead of its naming ceremony

One of the world’s largest cruise ships has arrived in the UK for the first time ahead of its naming ...

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Vicious weather forces cargo ship to head for shore

The bulk carrier vessel Taharoa Express is battling strong winds and heavy swells as it makes its way to southern ...

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Shanghai international port to reel in Belgian catch by 2007

Shanghai International Port Group (SIPG) may be aiming to wrap up its stake acquisition deals with a Belgian ...

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Keppel secures S$160 million contracts

Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiaries, has secured contracts for FPSO ...

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