In a sign with undoubted positive ramifications for the shipbuilding industry, Korea's STX Offshore & Shipbuilding reportedly won $340m in orders to build eight tankers (plus four options) for an unidentified company, Reuters reported
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Elomatic Ltd and Deltamarin Ltd have signed a tri-party engineering contract with shipbuilder MV Werften for the design of Star Cruises’ new Global Class “mega passenger ship,
Cancelled order part of Statoil's Bressay project.
South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd on Friday said a 1.58 trillion won ($1.41 billion)
MidEast, West Africa rates hit 11-month low.
Freight rates for very large crude carriers (VLCCs), which hit an 11-month low this week, could slide further next