Designing in Virtual Reality

"The challenge is to break the stereotype of the shipbuilding industry being a traditional craft”

Damage of Grounded Kea Trader Yet to Be Determined

The full damage extent of the 2017-built containership m/v Kea Trader that got grounded on a reef off New Caledonia ...

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Video: First Damen Dredger for Australia Sets Sail

The first Damen dredger built for Australia has completed sea trials in Shanghai and is now underway to new owner, ...

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Australia Ramps Up Its LNG Exports

Australia’s liquefied natural gas (LNG) exports are expected to grow by 22.6% in the current 2017-2018 ...

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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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Video: Ichthys Venturer FPSO Sails Away

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

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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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Salvors to Remove Fuel from Lomar’s Grounded Newbuild

Kea Trader, which struck a reef off New Caledonia last week, remains aground five days after the grounding ...

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Clarksons: VLGC Earnings 42 Pct below Trend

Very large gas carriers (VLGC) have seen their earnings dwindle 42 percent below trend, as the tanker market moved ...

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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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MUA, CSL to Find Solution for Redundant Aussie Crew

The Maritime Union of Australia (MUA) is working with Canadian Steamship Lines (CSL) to transfer the crew of the ...

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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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Lomar's New Boxship Grounds off New Caledonia

The newly-built Maltese-flagged containership Kea Trader ran aground today off New Caledonia, the ship’s AIS ...

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Petrofin Research: Bank Ship Lending Dwindles

The shipping industry saw USD 42.5 billion removed from the ship lending jar in 2016, according to Petrofin ...

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DP World, Cosco Shipping Sign Stevedoring Deal for Australia

Port operator DP World Australia has signed a new agreement with COSCO SHIPPING Lines to be their stevedore of ...

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MUA Slams Turnbull Gov't as Aussie Crew Gets Sacked

The Maritime Union of Australia (MUA) has criticized the Turnbull Government, saying that it “must stand up ...

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Demolition: Time to Take The Bitter Pill

Low freight rates should be the best incentive for owners to take the bitter pill and scrap some of the outdated ...

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Drewry: Freight Rates Bounce Back from 2016 Levels

This year is one of huge correction after a disastrous 2016 for rates, buoyed at the same time by better supply and ...

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Digitalization: Future's Cornerstone - But at What Cost?

In the aftermath of the Petya cyber attack that hit one of the major industry players A.P. Moller-Maersk, shutting ...

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EU Clears Japanese Carriers’ JV

The European Commission has approved the creation of a joint venture between Japan’s shipping giants Nippon ...

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Prelude FLNG Mammoth Starts Journey to Australia

Shell’s Prelude floating liquefied natural gas (FLNG) project, the world’s largest offshore facility ever ...

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Australia Urged to Look Into Possible Abandoned Ship

The Australian Government has been urged to intervene to identify the owner of 36-year-old supply ship MV Yarabah ...

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Gibson: MR Segment Sees Positive Developments

Although the overall performance in the product tanker market remains disappointing, some positive dynamics have ...

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Multipurpose Prospects Continue to Strengthen

Many key drivers for dry cargo demand have reported a significant uptick in 2017, resulting in improving conditions ...

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BIMCO: Ordering Activity Ramps Up in H1

The newbuild activity for the first half of 2017 has surpassed the same period last year by 20%. A total of 5.9 ...

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MOL Teams Up with MES on Vessel Monitoring and Support

Japan’s Mitsui O.S.K. Lines has reached an agreement with Mitsui Engineering & Shipbuilding (MES) to ...

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ABTO: Liquefaction Testing Is Inadequate

The Association of Bulk Terminal Operators (ABTO) has called for a complete overhaul of the cargo sampling and ...

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