News

Analysts may be bearish on Genco Shipping & Trading Limited (GNK) and Eagle Bulk Shipping Inc. (EGLE), but the shipping industry has outperformed the S&P 500 this month

A natural progression following the lifting of apartheid was bound to be the integration of more black staff into hitherto proscribed positions and a side effect was

Chugoku Electric Power has resumed operations at its 1,000MW Misumi No 1 coal-fired power plant in Japan.

CLP Nuclear Investment Company (CLPNIC) has signed a contract to invest CNY70bn ($10.9bn) in the Yangjiang nuclear power station in Guangdong, China.

Anwell Technologies subsidiary Dongguan Anwell Digital Machinery has received CNY700m ($108.6m) to build a new thin film solar panel manufacturing unit in Dongguan, China.

E.ON Russia has commissioned two new combined cycle gas turbine (CCGT) units of 400MW each at its Surgutskaya GRES-2 power station in West-Siberia.

Jumbo Shipping has successfully transported 51 monopiles from EEW’s manufacturing plant in Rostock, Germany, to Barrow-in-Furness in the UK. The monopiles’ final destination was DONG Energy’s Walney Offshore Windfarm 2.

China Shipping Container Lines Co Ltd said it would swing to a net loss for the first half of 2011 from a profit a year ago, with the international container market adversely affected by the debt crisis in Europe.

Incat Crowther announces the launch of Topaz Zenith. Launched by Topaz Shipbuilding, this innovative 27.6m Wave Piercing Catamaran Crew Boat has been designed to support offshore energy installations. Part of the development of the vessel focused on the development of an unusual platform for the application. Following the evaluation of a series of criteria, a Wave Piercing Catamaran platform was chosen.

STX Europe, builders of some of the world’s most well-known cruise ships such as the Queen Mary 2 and the Oasis of the Seas, has embarked on an initiative to create an environmentally friendly cruise ship.

The global incidence of piracy surged 36 percent on-year in the first half of the year due mainly to more attacks carried out by Somali pirates, Yonhap news agency reported quoting the government as saying Thursday.

The South Korean government announced a plan to invest $38.9 billion through until 2020 to expand port infrastructure.

The third largest terminal in the New York harbor unveiled plans Wednesday to spend $500 million to more than double the number of containers it can handle in the Newark port, a sign of the steadily rising traffic through New Jersey’s ports.

Genoa-based classification society RINA has established rigorous design standards for the modification or newbuilding of dry bulk cargo carriers to enable them

The head of RS Platou's dry cargo shipbroking desk in Singapore has resigned along with as many as seven members of his team, traders said on Wednesday.

d’Amico International Shipping S.A. (Borsa Italiana: DIS), a leading international marine transportation company operating in the product tanker market, announces that its

Dow Jones Indexes, a leading global index provider, today announced the launch of the Dow Jones Global Shipping Index, which measures the performance of 25 leading

The Sai Gon Shipbuilding Industry Company (SSIC), a member of Vinashin, handed over the ship “New Lucky VII” to its owner, Franbo Lines Corp. of Taiwan (China) and inaugurated the largest dry

Bangladesh's High Court has agreed to allow ship breaking yards three more months to meet tougher safety and environmental rules on importing old ships to dismantle

Keppel Shipyard Ltd (Keppel Shipyard) is on track to complete the fast-track conversion of FSO Sepat, a floating production and storage (FSO) unit, for Bumi Armada Navigation Sdn Berhad