Daewoo Shipbuilding & Marine Engineering reportedly received a $560 million contract to build four very large crude carriers (VLCC) and one product carrier for Kuwait Oil Tanker Co (KOTC), according to Reuters.
Alnmaritec, the specialist aluminium boat builder based in Northumberland, recently announced the delivery of the first of its new ‘Wave Captain’ class of Wind Farm Support Vessels.
Damen Shipyards acquires Swedish shiprepair yard Oskarshamnsvarvet. On May 16th, 2012 Dutch shipbuilding and -repair company Damen Shipyards Group has
SAFE Boats International (SBI) has been awarded a contract to provide the United States Navy five (5) MK VI Patrol Boats (MK VI PB). The MK VI PB is the Navy’s
United Arab Shipping Company increases its fleet with more 13,500 TEU vessels; The United Arab Shipping Company (UASC) names 13,500 TEU containership in Hamburg on 25 May.
Kvichak Marine Industries in Seattle Washington announces the appointment of Kevin Kirby as their new proposal manager. Kevin has been with Kvichak for
Greece's Stealthgas, shipowners primarily serving the liquefied petroleum gas (LPG) sector, announce its unaudited financial and operating results for the first quarter ended March 31,
Drewry Maritime Research’s latest Tanker Forecaster report indicates that Suezmax owners got some respite in the first quarter of the year, but things are looking bleak in the longer term.
Tankship freight rates on the up as global oil trade pattern changes According to Bloomberg, the U.S. is importing the least in 13 years as China buys more than ever,