Norwegian shipping company Belships has entered into agreements for the sale of two 58,000 dwt bulk carriers. As informed, the two vessels, Belstar and Belnor, were built in 2009 and 2010 respectively, and are the two oldest vessels in the company’s fleet....

Read More

South Korea’s shipbuilder Samsung Heavy Industries has agreed to sell a former Ocean Rig drillship to an unnamed European company for a price tag of $245 million. Encouraged by an improved environment in the offshore drilling market, the shipyard hopes to sell three...

Read More

Rapidly expanding Chinese container carrier CULines has opened up office in Klang, Malaysia. CULines noted that Port Klang was a crucial channel connecting the Indian Ocean and Pacific Ocean, a must pass from ports in Europe, Middle East, South Asia to...

Read More

KONGSBERG has celebrated a world first by testing and verifying a full-scale, full-size, zero-emissions drivetrain powered by hydrogen fuel cells designed for ships and ferries. The project demonstrates that the technology is now mature for using hydrogen (H2) as an...

Read More

Daewoo Shipbuilding & Marine Engineering (DSME) has won orders for six LNG carriers worth 1.5 trillion won. The latest orders boosted the company’s order intake so far this year beyond US$10 billion (about 11.81 trillion won), the first time in seven years. DSME...

Read More