The core of recent Eco-ship focused trend in global shipbuilding and shipping industries seems to be on the enlarging gap among shipbuilding countries in newbuilding prices and new order shares. It is suggested that Korean shipbuilding industry is having expanding premium of newbuilding prices compared to Chinese rival.  Park Moo-Hyun, analyst from E*Trade Securities of Korea said that recently, Scorpio Bulkers had placed orders for 11 bulkers (61-63K) at three Chinese yards (Chengxi S...

The Ministry of Oceans and Fisheries of Korea announced that the governmental department had a groundbreaking ceremony of the world's first 'Test and Certification Center for Green Ship Equipment' at the site of Kunsan National University in the second national industrial complex located in Gunsan, North Jeolla Province, Korea.  Sponsored by the ministry's research and development fund, North Jeolla Province and Gunsan city, this project is carried out by the Korean Register of Shipping ...

At the end of June, De Telegraaf, the largest newspaper in the Netherlands, concluded its Top 100 competition for Dutch ‘green’ companies. The winners, out of 25 nominees, were Moonen Packaging, Conscious Hotels and Damen Shipyards Group. The top-three greenest companies in the Netherlands were selected by a jury comprising green entrepreneur Ruud Koornstra (known for such innovations as the Pharox LED light bulb), Marjan Minnesma (CEO Urgenda) and HRH Prince Carlos de Bourbon de Parme. Damen wa...

Scorpio Bulkers Inc. (OSLO-OTC: SALT) (or the "Company") announced today that it has reached agreements with three yards in China to construct a minimum of 11 and up to 14 newbuilding vessels designed for the carriage of dry bulk commodities.    The Company has reached agreements with ChengXi Shipyard CO. Ltd. ("ChengXi"), Dalian COSCO KHI Ship Engineering Co. Ltd. ("DACKS"), and Nantong COSCO KHI Ship Engineering Co. Ltd. ("NACKS") for the construction of a minimum of 11 and up ...