News

TEX reported that export negotiations on plates for shipbuilding for Korea has started for July to September 2011 quarter shipment since last month, but concrete negotiations are believed to start

Bahamian shipowners Campbell Shipping Ltd. signed an order with Tsuji Heavy Industries (Jiangsu) Co., Ltd. located at Zhang Jia Gang, China for two 37,000 dwt double-hull log fitted bulk carriers,

Around 56 ships worth $4.8 billion in total has been ordered to Hanjin Heavy Industries and Construction – Philippines (HHIC-Phil) that will be built inside its Subic shipyard in Redondo Peninsula.

Despite a global recession, financial meltdown and cancelled contracts, the shipbuilding industry has survived and recovered from the wreckage of the last three years and is slowly gaining steam.

South Korea regained its status as the world's leading shipbuilding nation in the first half, taking more than half of the global market in terms of orders measured in weight, the government said Sunday.

China, the world’s largest energy user, plans to more than double production of its coal-bed methane in five years by 2015 to cut reliance on oil and coal.

Ben Kien Ship Yard Company in Hai Phong on July 15 organised a ceremony to hand over a 9,200-tonne container ship named HC MELINA to Germany’s Hanse Capital Group.

The LLX-OSX companies (part of the Brazilian holding group, Grupo EBX) have awarded ACCIONA a contract for the engineering, design and construction of the breakwaters

As a result of the still ongoing concentration on shipbuilding activities in the Far East region and especially China’s position as the number one shipbuilding nation,

SMOE, a wholly-owned subsidiary of Sembcorp Marine has secured a contract close to S$600 million from PTTEP International Limited (PTTEPI), Yangon Branch,

"Asian-West African trade has been one of the fastest- growing markets in the past few years, and it is expected to maintain 15 percent to 20 percent year-on-year growth

Suzlon Energy has secured a contract worth INR6.5bn ($1.45bn) to supply wind turbines to more than 100MW of wind projects to be developed by Orient Green Power in India.

P2 Solar has signed an option agreement worth $76.5m for the construction of a 7.3MW solar farm in Bulgaria

The Oman Power and Water Procurement Company (OPWP) has signed an agreement with a consortium for the construction of a 2,000MW independent power project in Oman.

Better air quality is on the way, thanks to proposals from the European Commission to lower the sulphur content of shipping fuels. The proposals should reduce sulphur dioxide emissions by up to 90 %, and fine particle emissions by up to 80 %. The benefits for public

Natural Gas prices have been increasing in the global market, and there is now reason to believe the trend is anything but over.On Monday, the Commodity Weather Group

The shipping arm of ADNOC and its Group of Companies, ADNATCO and NGSCO announced that one of its UAE national cadets has progressed to the rank of a Captain in its LNG fleet.

As trade within Africa increases, South African shipping companies are beginning to focus on trade around the coast of Africa.The latest is Universal Africa Lines (UAL)

Severn Trent De Nora has entered into a distribution agreement with a consortium of two Japanese firms to represent and promote the BALPURE ballast

As part of its efforts to develop new products for the assistance of its clients, Cayman Maritime has just launched the Laws and Administrative Procedures ( LAP ) Examination System.