News

Malaysia's national energy company Petronas has made two significant gas discoveries in the shallow waters off the coast of Borneo island, potentially shoring up

Daewoo Shipbuilding & Marine Engineering Co. said Thursday that its second-quarter earnings fell 3.6 percent from a year earlier as it filled more orders for low-priced ships that

The ship breaking industry is currently meeting 70% of the iron and steel requirements of the country, following revival of work at the Gaddani shipyard in Balochistan,

Japan's Kitanihon Shipbuilding has received an order from an unnamed Taiwanese shipowner, which specialises in chemical tankers, to build two 28,000dwt bulkers.The company has not

Rensen-Driessen Shipbuilding B.V. receives a new building order for four lubricant oil tankers. 2x 600MT and 2x 1200MT. The tankers will operate in Port of Rotterdam.The company

Ukraine considers the development of its relations with Singapore as a priority direction in its foreign policy in the Asia-Pacific region and confirms its readiness for mutually

In July 2010, RS completed survey over construction of a new vessel for the carriage of irradiated nuclear fuel.The modern vessel Rossita with displacement equal to

Mitsui O.S.K. Lines, Ltd. yesterday announced upgrade of its CX1 feeder service between Panama and Manaus and the beginning of independent operation on the route.

China Merchants Energy Shipping (601872), an operator of tankers, bulk carriers and LNG carriers, recorded a 54.94 percent year-on-year fall in first half 2011 net profit

Participants to the International Maritime Organization (IMO)-sponsored five-day 2011 National Seminar and Workshop to the Standard Training Certification and Watchkeeping (STWC)

Asia’s clean-petroleum tankers market will likely stay supported by increasing naphtha demand in the coming week, while slow chartering activity continues to pressure crude tanker rates.

Plunging rates for chartering container vessels that carry sneakers, furniture and flat-screen TVs may signal a U.S. consumer slowdown and losses for shipping lines in what

China’s largest shipping companies are lobbying the government to foil Vale SA (VALE3)’s plan to build a $2.3 billion fleet of the world’s biggest iron ore carriers that

The Board of Directors of d’Amico International Shipping S.A. (Borsa Italiana: DIS) (the Company or the Group), a leading international marine transportation company focusing

We have decided to place our fair value estimates for our dry-bulk shipping coverage universe under review as a result of weaker-than-expected freight rates throughout

Commodity shipping costs slumped for a 15th session as a lack of iron ore cargoes cut charter rates for vessels that transport the ingredient used to make steel.

Analysts may be bearish on Genco Shipping & Trading Limited (GNK) and Eagle Bulk Shipping Inc. (EGLE), but the shipping industry has outperformed the S&P 500 this month

A natural progression following the lifting of apartheid was bound to be the integration of more black staff into hitherto proscribed positions and a side effect was

Chugoku Electric Power has resumed operations at its 1,000MW Misumi No 1 coal-fired power plant in Japan.

CLP Nuclear Investment Company (CLPNIC) has signed a contract to invest CNY70bn ($10.9bn) in the Yangjiang nuclear power station in Guangdong, China.