Computational Fluid Dynamics

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

Clarksons: Global Shipyard Capacity Down by 62 Pct

The number of active shipyards on a global scale has dropped by 62 percent since the beginning of 2009, according ...

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Korea Line in USD 487 Mn Worth of Shipbuilding Deals

Korean shipping major Korea Line Corporation (KLC) has placed USD 487 million worth of orders for four bulk ...

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Eimskip Secures Loan for Construction of Boxship Duo

Reykjavik-based shipping company Eimskip has reached an agreement for the financing of the construction of ...

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China Revises White List, Adds Six Shipbuilders

Another six shipbuilders are set to enjoy financial support from China in the forthcoming period as they have been ...

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Newbuild Orders at Chinese Yards Take a Nosedive

China’s shipbuilding industry has experienced a 25.4 percent plunge in newbuilding orders during the first ...

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Mitsubishi Heavy to Restructure Its Shipbuilding Business?

Japan’s Mitsubishi Heavy Industries (MHI) is considering to restructure its shipbuilding activities and enter ...

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Clarksons: Shipyards' Forward Cover Drops to 2.3 Years

Shipyards have been struggling with reduced vessel ordering for years as global output dropped and capacity ...

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Oversupply Keeps January Vessel Orders at Record Low

Global ordering activity has fallen to 26-year low in January 2017, shipbuilding data from Maritime & Trade by ...

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Clarksons: Contracting Activity Drops to 30-Year Low

The previous year was very weak for newbuild ordering as contracting activity fell to its lowest level in over 30 ...

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DSME Enters Shipbuilding Deal with Iran

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) and Industrial Development and ...

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Diana Shipping Gets Full Refund for Cancelled Bulker

Greek dry bulk ship owner Diana Shipping has received a full refund payment in the amount of USD 9.4 ...

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China Cosco Shipping Pools Shipbuilding Assets

China Cosco Shipping Group has integrated all of its shipbuilding assets into one unit – Cosco Shipping Heavy ...

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Fincantieri Goes "All In" on Vard Acquisition

Fincantieri Oil & Gas, a subsidiary of the Italian shipbuilding conglomerate Fincantieri, has launched a ...

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EIB, Societe Generale Support Green Maritime Transport Plan

European Investment Bank (EIB) and Societe Generale Corporate & Investment Banking signed a framework guarantee ...

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ABB, Wuchang Shipbuilding Team Up on Green Ships

Power and automation technology group ABB has signed an agreement with China’s Wuchang Shipbuilding Group to ...

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Clarksons: China to Shorten White List to 59 Yards

At the start of October 2016, a set of revised criteria was introduced for China’s White List of domestic ...

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Diana Shipping Abandons Kamsarmax Order

Athens-based dry bulk shipping company Diana Shipping has decided to cancel the shipbuilding contract for a ...

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GulfNav to Sign Shipbuilding Contracts

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) said that it plans to enter into shipbuilding ...

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Clarksons: Non-Delivery Could Hit Record Levels in 2016

Non-delivery of vessels on the orderbook, which has been a prominent theme in shipbuilding in the last decade, ...

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SHI to Build Four Tankers for Norwegian Owner

Norwegian Viken Shipping has ordered four oil tankers from South Korea’s shipbuilder Samsung Heavy Industries ...

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Report: MHI to Reduce Shipbuilding Activities?

Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) is planning to cut its shipbuilding activities as the company ...

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