News

Delivery ceremony of S-500, a 6,600tdw type RORO cargo ship ordered by Europe-based Shiplux VII S.A. took place at Kyokuyo Shipyard on November 17.

On the morning of Dec. 29th, 2011, CIMC Raffles delivered a Jack-up drilling rig the MASTER DRILLER to the Reignwood International Investment (Group) Company Limited.

The Office of Policy and Management – working with the Department of Economic and Community Development, the Department of Transportation

On the Dec. 25th 2011, the leading ship of 47.500 DWT bulk carrier “Ming Zhou 55” for Ningbo Marine Company Ltd (SH 600798 NMCL)

The survival drama in the frigid waters off the Antarctic ice shelf that has been taking place about 3,700 kilometers southeast of New Zealand for the past 10 days is now over for the stricken Russian fishing vessel.

The M/T Enrico Ievoli has been hijacked off shore Oman coastline while it was heading toward the randevouz point with the chinese armed convoy.

The Board of Directors of COSCO Corporation announcea that its subsidiary, COSCO (Dalian) Shipyard Co., Ltd. has secured one contract to convert one Large Crude Carrier Tanker

Considerable repairs to the damaged shell plating on FV SPARTA in the Southern Ocean have been made.

NYK made a booth presentation at Eco-Products 2011, one of the largest environmental exhibitions in Japan, which was held from December 15 to 17 at Tokyo Big Sight

The company Volga Fleet Tanker, part of UCL Holding, recently signed an agreement with OAO Gazprombank to attract long-term financing of $ 138 million in funds

A new anti-piracy project with a startup grant of $2 million from the European Union has been initiated by the Eastern and Southern Africa and Indian Ocean region countries.

South Korea’s Daewoo Shipbuilding & Marine Engineering is striving toward approximately $11 billion in new orders next year, Reuters reports.

French utility EDF has entered into an agreement with German utility EnBW to repurchase stakes in EnBW's two subsidiaries, ERSA and KOGENERACJA in Poland.

Spanish renewables project developer Acciona Energy has started development on the 38MW Golice wind park in Lubuskie province, Poland.

Ormat Technologies has signed a power purchase agreement (PPA) with Imperial Irrigation District (IID) for a 10MW solar photovoltaic plant in California, US.

Based on the China Petroleum Daily report, we will soon witness China putting into use its first deepwater exploration vessel in the South China Sea, Reuters reports.

Philippine Navy personnel helped fight a blaze onboard a cargo ship sailing off Misamis Oriental Thursday afternoon.

The Roll-on/Roll-off (Ro/Ro) Vessel, MV “DALIAN HIGHWAY” of “K” Line (Kawasaki Kisen Kaisha, Ltd.), made its maiden call at the Guide Pier of Sri Lanka Ports Authority (SLPA) on December 21, 2011.

COSCO Shipping Co., Ltd. is planning to establish two joint ventures in Rotterdam, the Netherlands and Houston, the United States and with NMA Maritime＆ Offshore Contractors B.V.

MONTHLY LIST OF VESSELS BEACHED AT THE INDIAN SHIP BREAKING YARDS