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News

  • 30 October 2011

    SOCAR JV to complete Baku shipyard by 2013

    SOCAR, in a joint venture (JV) with Keppel Offshore and Marine and Azerbaijan Investment Company, is planning to invest $450m to build a shipyard in Baku, Azerbaijan, by 2013.

  • 27 October 2011

    CSDC to buy four bulkers

    Tianjin Zhonghai Huarun, a subsidiary of China Shipping Development Company (CSDC), has signed an agreement with China Shipbuilding & Offshore International Company (CSOC) and Bohai Heavy Industry to buy four...

  • 27 October 2011

    DP World Q3 container volume rises

    DP World has reported a 10% rise in container volume to 14.4Mteu during the third quarter of 2011, compared with the 13.1Mteu it recorded during the same period in 2010.

  • 27 October 2011

    China to invest in Dandong port expansion

    China’s Dandong Port Group is planning to invest 45bn yen ($7.1bn) over the next five years to expand the Dandong port, a key port on the North Korean border.

  • 26 October 2011

    DSME to build oil drilling ship

    South Korea's Daewoo Shipbuilding and Marine Engineering (DSME) has won a $550m order to build an oil drilling ship for an unnamed US firm.

  • 26 October 2011

    China’s shipbuilding backlog drops

    Chinese shipbuilders' order backlog dropped this year mainly as a result of the prolonged global economic recession, a report by the Chinese Ministry of Industry and Information Technology claimed.

  • 26 October 2011

    Oshima to build two bulkers

    Oshima Shipbuilding has received an order from Canadian shipowner Fednav to build a pair of 55,000dwt bulk carriers.

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