Daewoo Gets Container Ship Order

Wednesday, July 18, 2007
Daewoo Shipbuilding and Marine Engineering Co. said on won a $592.3m container ship order from an Asian shipper. The vessel will be delivered to the company by the end of July 2011, Daewoo said in a filing with the Korea Exchange. Source: Reuters
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Ship Sales

Azerbaijan to Get New Passenger Vessel This Year-end

Azerbaijan Caspian Shipping Company  expects to get the first of the three passenger vessels being built currently at the Baku Shipbuilding & Repair Plant (Baku Shipyard LLC) until the end of 2015,

Supramx Ship Delivered to Seanergy

Dry Bulk shipping company Seanergy Maritime Holdings Corp. announced today the delivery of a 56,819 dwt Supramax dry bulk vessel, renamed M/V Gladiatorship.   The vessel,

Korean Shipbuilders in Red

South Korean shipbuilders are struggling with huge losses stemming from the delivery of low-priced ships and a delay in the construction of offshore facilities such as drill ships.

Container Ships

FMC's William P. Doyle Issues Statement on EL FARO Tragedy

On Thursday evening, October 1, 2016, the ship EL FARO went missing. The ship was en route from Jacksonville, Florida to San Juan, Puerto Rico. On Monday, four days after the ship vanished,

Search for El Faro Crew Continues, Hopes Fading

Responders continue the hunt for possible survivors from the missing cargo ship El Faro, which is believed to have sunk during Hurricane Joaquin.   As of Tuesday night,

India Extends Tax Benefits on Bunker Fuel

India has extended the benefit of nil custom and production tax on bunker fuels to domestic coastal movement of containers, in a move to decongest its roads and reduce carbon emissions,

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