Imabari Shipbuilding

AJ Rahman, CEO and founder Norvic Shipping and Jiro Nishikawa, company president, Fujimaru Kaiun

Norvic Shipping charters in newbuild ultramax

Dry bulk operator Norvic Shipping has entered a long-term period-charter for a newbuild 64,000 dwt ultramax. The charter deal was signed in Norvic’s New York City office with Japanese shipowner Fujimaru Kaiun,

Eagle Bulk logo

Eagle Bulk makes $27.5 million Ultramax buy

Stamford, Conn., headquartered Eagle Bulk Shipping Inc. (NASDAQ: EGLE), one of the world’s largest owner-operators in the midsize dry bulk vessel segment, reports that it has expanded its fleet with the purchase

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MHI-MME delivers world’s largest steering gear

JANUARY 30, 2017 — Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME) has delivered the electro-hydraulic steering gear that will be installed in the world’s largest 20,000 TEU mega containership,

New Japanese shipbuilding alliance in works?

AUGUST 30, 2016 — Mitsubishi Heavy Industries, Ltd. (MHI) said today that it “recognizes the need to undertake swift and progressive steps to secure the competitive strength required by Japan’s shipbuilding industry