Cosco Shipping Heavy Industry (CSHI) is investing RMB 3 billion in a new ship repair and offshore engineering base at Yangjiang in Guangdong province.

The development will feature a 400,000-tonne class dry-dock, a 200,000-tonne class dry dock, an…

Seatrium Offshore Technology (SOT), a subsidiary of Singapore-based Seatrium Limited, has signed a Memorandum of Understanding with Cochin Shipyard Limited (CSL) to expand collaboration in offshore projects across India and Asia.

The agreement will…

Electronics play a critical role in modern shipping, supporting navigation, communication and engine control. In the marine environment, however, circuit boards and contacts are vulnerable to corrosion from damp and chloride-laden air, leading to…

Japanese shipowner Nissen Kaiun has acquired a stake in Dutch wind-assist developer Econowind. The company said it is considering installing large versions of Econowind’s VentoFoil devices on its vessels. The wing-shaped device is designed to reduce…