Six workers died and eight were injured in ten separate accidents at Bangladeshi shipbreaking yards in two months.
SHI revealed a KRW 1.5 trillion rights offering plan in an effort to improve its financial structure.
The industry is making a step forward in achieving ballast-free shipping with new 30,000m³ B-FREE LNG carrier design.
South Korean shipbuilder DSME collects USD 391.7 million worth of orders, including FSRU and LNGC.
DSIC has received certificates from DNV GL for new shuttle tanker, column-stabilized crane unit designs.
VT Halter Marine launches Crowley Maritime Corp.’s second LNG-fueled Commitment Class ConRo ship.
Nieuw Statendam, Holland America Line’s newest cruise ship, was launched at Fincantieri’ Marghera shipyard.
Broker reports link Hyundai Heavy Industries to up to seven contracts for 319,000 dwt tankers.
The National Labor Relations Board (NLRB), the U.S. agency tasked with prosecuting unfair labor practices, has complained against Pasha Hawaii, the Pasha Group, and some of its subsidiaries (Pasha), for violations related to two containerships being built by Texas-based Keppel AmFELS. The complaint
Norway-based Dreifa Energy has entered into an agreement with Wärtsilä Oil and Gas Systems to secure delivery of the regasification module for the first Dreifa floating regasification unit (FRU). The company said that the deal is a significant step forward in confirming a key part of the overall cap
Japan-based Mitsui O.S.K. Lines (MOL) and its partners, Tohoku Electric Power and Namura Shipbuilding, have received an Approval in Principle (AIP) from Lloyd’s Register for the design of an LNG-powered coal carrier. The vessel design ensures sufficient cargo capacity without making the hull larger
China Development Bank Financial Leasing has been tied to an order for up to ten Newcastlemaxes at Chinese shipbuilder Yangzijiang Shipbuilding. The order is said to include five firm orders for 208,000 dwt bulkers plus five additional bulk carriers of the same size, according to Asiasis. The ships
China State Shipbuilding Corporation (CSSC) shipyards Jiangnan Changxing Shipbuilding (Hudong Zhonghua) and Shanghai Jiangnan Changxing Heavy Industry (SWS) signed today a contract with Bureau Veritas for the classification of CMA CGM’s nine 22,000 TEU containerships. In accordance with the deal, al
Finland-based technology group Wärtsilä, and GTT, the designer of cryogenic membrane containment solutions for liquefied gases, have finalized today a cooperation agreement at the Marintec conference and exhibition in Shanghai, China. The aim of the cooperation is to explore potential business oppor
