HHI Reaping Gains from New Shipbuilding Orders

South Korean shipbuilder Hyundai Heavy Industries (HHI) has reported an operating profit KRW 618.7 billion during ...

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MES Hands Over Bulk Carrier Ocean Makmur

Japanese shipbuilder and ship designer Mitsui Engineering & Shipbuilding (MES) delivered the 60,000 dwt bulk ...

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MHI Lowers Full Year Earnings Forecast

Tokyo-based Mitsubishi Heavy Industries (MHI) has revised the estimates of its consolidated financial results, ...

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HHI Scores More Orders in April

South Korean shipbuilder Hyundai Heavy Industries (HHI) has won 18 ship orders worth USD 900 million in April ...

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LSC Shipmanagement Adds Suezmax Tanker

Latvian Shipping Company’s (LSC) subsidiary LSC Shipmanagement added to its fleet Elandra Eagle, a 157,000 ...

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New Coal Carrier Joins NYK Group

Japan’s shipping company NYK Group has taken delivery of a new coal carrier, the 56,825 gross ton Isuzu Maru, ...

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BIMCO: Dry Bulk Recovery A False Dawn

Despite the strong rebound of freight rates in March this year that saw the Baltic Dry Index (BDI) pass 1,282 point ...

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Majority of Ships Still Scrapped in South Asia

A total of 128 end­-of-­life ships were sold for scrap to the South Asian beaches during the first quarter of 2017, ...

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China to Build Four More Vessels for Thun Tankers

Dutch coastal shipping company Thun Tankers, part of the Gothia Tanker Alliance, has contracted four 17,500 dwt IMO ...

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Interview: Smart Ships Are Coming!

In a time dominated by smart technology and automation being applied across the board, from industrial production ...

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Hyundai Samho Receives VLCC Order, Attracts New Investment

Greek shipping company Neda Maritime has ordered a 319,000 dwt very large crude carrier (VLCC) from South Korean ...

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DSME Seeks Court Approval for Debt Rescheduling

After collecting the necessary consents for its rescue plan, the financially troubled shipbuilder Daewoo ...

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Gas Entec to Build LNG-Powered Reefer Carrier

South Korean engineering firm Gas Entec has inked a memorandum of understanding (MOA) with compatriot shipping ...

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EIB, ABN Amro to Bolster Green Shipping in Europe

The European shipping industry is set to receive further support in the sustainable projects field as the European ...

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Megaships: Will They Live Up to the Promise?

There are 56 container ships of 18,000 + TEU on order slated for delivery from April, 2017 till June, 2020. The ...

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Scorpio Bulkers Adds Final Newbuilds, Cuts Loss

Monaco-based dry bulk shipping company Scorpio Bulkers has taken delivery of all of its newly constructed vessels ...

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Video: MSC Seaside Taking Shape in Italy

Video Courtesy: Inselvideo The video shows mega cruise ship MSC Seaside under construction at Fincantieri’s ...

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Gallery: Stena Imagination Named in Dubai

MR tanker Stena Imagination was named at the Port Rashid Terminal in Dubai on April 18. The vessel is jointly owned ...

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Samsung Heavy Industries Linked to LNG Pair Order

South Korean shipbuilding company Samsung Heavy Industries (SHI) has won an order for an LNG carrier duo, according ...

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New Orders Pouring Into HHI

South Korean shipbuilder Hyundai Heavy Industries (HHI) reported USD 2.04 billion-worth of newbuilding orders in ...

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EU, Japan Raise Concerns over DSME's Rescue Plan

The European Union and Japan have raised concerns over Daewoo Shipbuilding & Marine Engineering’s (DSME) ...

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Tapping into Potential of Booming Asian Cruise Market

The recent booming of the cruise industry in the Asian market has proved to be a great business opportunity for ...

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Wärtsilä to Power World's First LNG-Fuelled OCV

Finnish engineering company Wärtsilä has been selected to equip the first liquefied natural gas (LNG) fuelled ...

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Fincantieri to Build Two More for Viking Ocean Cruises

Italian shipbuilder Fincantieri has signed a memorandum of agreement for the construction of two additional cruise ...

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Bondholders' Nod Brings DSME Closer to Fresh Funds

South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) will soon receive a cash injection from its ...

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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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