Keppel Verolme’s Price Tag Revealed

Damen Shipyards Group has paid EUR 23.5 million (USD 27.6 million) for the acquisition of Keppel’s Verolme ...

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HHI’s Shipbuilding Orders Up by 67 Pct in H1

 The shipbuilding orderbook value for the first half of this year of South Korean shipbuilding major Hyundai Heavy ...

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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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New FSRUs Needed to Support Hoegh LNG, Nakilat Gas Projects

The recently coined cooperation between Hoegh LNG and Qatar Gas Transport Company (Nakilat) is likely to result in ...

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Samsung Heavy Wins Conditional Deal for Vessel Pair

South Korean shipbuilder Samsung Heavy Industries (SHI) revealed it has inked a shipbuilding contract for two ...

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Hyundai Vinashin Tied to USD 160 Mn Tanker Deals

Vietnam-based Hyundai-Vinashin Shipyard, a joint venture between Hyundai Heavy Industries and Vietnam Shipbuilding ...

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Bahri Adds New VLCC to Its Fleet

National Shipping Company of Saudi Arabia (Bahri) has further expanded its fleet with the addition of a 300,000-dwt ...

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Video: Ichthys Venturer FPSO Sails Away

Ichthys Venturer, the INPEX-operated Ichthys LNG Project’ floating production, storage and offloading (FPSO) ...

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HHI Presents Integrated Smart Ship Solution

South Korea’s shipbuilder Hyundai Heavy Industries (HHI) has developed Integrated Smart Ship Solution (ISSS), ...

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Mid-Sized Niche Carriers Up Fleets in 2017

The mid-sized niche carriers have seen a 12.8% increase in deployed capacity during the first six months of 2017, ...

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Philly Shipyard Posts Higher H1 Net Income

Oslo-listed Philly Shipyard ASA recorded USD 19.4 million in net income for the first half of the year, ...

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GMS: Pakistan to Tighten Scrapping Rules for Tankers

Pakistani shipbreaking yards, which are currently closed to for tankers following accidents on uncleaned FSU and ...

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Report: SHI to Continue Cutting Its Workforce

South Korea’s shipbuilder Samsung Heavy Industries (SHI) is looking to further cut its workforce, continuing ...

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Oceanbulk Books Capesize Quartet at Shanghai Waigaoqiao

Greek Oceanbulk Group has been linked to an order for four Capesize bulkers at China’s Shanghai Waigaoqiao ...

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First Steel Cut for Color Line's Hybrid Ferry

Norwegian shipbuilder Ulstein Verft has held the steel cutting ceremony for Color Line’s plug-in hybrid ...

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Nisshin Shipping In for Up to Seven Panamaxes

Japanese shipping company Nisshin Shipping has been linked to an order for up to seven 82,000 DWT bulkers at ...

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Disney Cruise Line Adds One to Meyer Werft Orderbook

The US-based cruise company Disney Cruise Line has decided to further expand its fleet as it added a third vessel ...

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Fosen Yard, Hantong Shipbuilding to Set Up JV

Norwegian Fosen Yard and China’s Hantong Shipbuilding agreed on July 7 to form a joint venture (JV) for ...

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Maran Tankers Orders VLCC Quartet at DSME

Maran Tankers Management, part of Greek shipping major Angelicoussis Shipping Group, has returned to South Korean ...

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20-Year-Old Crude Carriers Are Here to Stay?

By 2020, some 100 very large crude carriers (VLCCs) will be over 20 years old, hinting that the time may be ripe ...

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Odfjell Inks Deal on CTG’s Five Newbuildings

Norwegian shipping and tank terminal company Odfjell has signed a final agreement to acquire five stainless steel ...

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Yasa Shipping Tied to Bulker Quartet Order

Turkish shipping company Yasa Shipping has been linked to the order of four Ultramax bulk carriers, including an ...

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Santoku Senpaku Orders Capesize Pair at SWS

Japanese shipowner and operator Santoku Senpaku has ordered two 186,000 dwt bulkers from Chinese Shanghai ...

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Relentless Growth of Cruise Shipping Poised to Press On

The cruise ship fleet is set to grow by 50 percent in the following ten years as cruise liners are expected to ...

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NGO: 158 Ships Hit South Asian Beaches in Q2

Out of 210 ships, which were broken in the second quarter of 2017, a total of 158 ended up on South Asian beaches ...

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ClassNK Ventures into Turkish Ship Recycling

Tokyo’s classification society ClassNK has issued a Statement of Compliance (SoC) to a ship recycling ...

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KHI's New LNG Tank Design to Expand Carrying Capacity

Houston-based classification society ABS granted Approval in Principle (AIP) for a new MOSS-type LNG tank design ...

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