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  • 8 July 2015
    Business & Finance

    The US classification society ABS has been selected to class Maersk Line’s eleven 19,360 TEU container ship newbuildings ordered last month at South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME). The order includes options for the construction of up to six additional vessels. ABS was chosen to class 20 of the Triple-E container ships that Maersk ordered from […]

  • 15 February 2018
    Business & Finance

    Viking Line’s income after taxes decreased to EUR 5.3 million in 2017.

  • 8 July 2015
    Business & Finance

    The US classification society ABS has been selected to class Maersk Line’s eleven 19,360 TEU container ship newbuildings ordered last month at South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME). The order includes options for the construction of up to six additional vessels. ABS was chosen to class 20 of the Triple-E container ships that Maersk ordered from […]

  • 2 July 2013
    Business & Finance

    The Triple-E is a huge ship, designed specifically to sail from Asia to North Europe. This is the busiest and longest route in the world, where economies of scale and fuel efficiency matter the most. With its size and design the ship is built to be as efficient and competitive as possible on this route. […]

  • 20 April 2015
    Business & Finance

    Taiwanese container line Wan Hai Lines has concluded an agreement with China’s COSCO Container Lines and Japan’s Kawasaki Kisen Kaisha (”K” LINE) to jointly operate a Transpacific service from South China to the US Pacific South West, dubbed SEA service. Wan Hai will also be cooperating with ”K” LINE and Singapore-based Pacific International Lines (PIL) to jointly operate a Transpacific service […]

  • 31 January 2018
    Business & Finance

    NYK Line ends first nine months of fiscal year 2017 with a net profit of JPY 16.8 billion.

  • 26 August 2019
    Business & Finance

    The vessel started sailing on its route from Sandefjord, Norway to Strömstad, Sweden as of August 16, 2019.

  • 29 November 2013
    Business & Finance

    KNUD E. HANSEN A/S, in cooperation with Novenco Marine & Offshore A/S, have contracted with Carnival Cruise Line to install state-of-the-art HVAC upgrades on the Victory, Triumph, Conquest and Spirit Class cruise ships, in order to improve the overall operational efficiency of their fleet. Owner’s newbuilding requirements often specify excessive capacity for HVAC systems in […]

  • 15 January 2014

    Fjord Line’s second environmentally-friendly cruise ferry was tested recently in the Trondheim Fjord. Interior fitting and finishing work on the new MS Bergensfjord, being built by the Bergen Group, has proceeded faster than expected. “As a result we have used the last five days to test the gas engines and other equipment to ensure they are operating […]

  • 13 May 2015
    Vessels

    FKAB said it has been working on a conversion project of Stena Line’s M/S Stena Germanica.

  • 8 July 2014
    Business & Finance

    The European Investment Bank (EIB) is providing a EUR 124 million loan to the shipping company Fjord Line for the expansion of its fleet.   Two new LNG cruise ferries are operating between Bergen, Stavanger, Langesund (Norway) and Hirtshals (Denmark). The ferries – MS “Stavangerfjord” and MS “Bergensfjord” – were delivered by the Norwegian shipbuilder […]

  • 10 August 2018
    Business & Finance

    NCL’s earnings surpassed estimates due to a strong demand for cruises and the delivery of Norwegian Bliss.

  • 8 February 2016
    Business & Finance

    The Nigerian Navy has prevented a group of pirates from hijacking the 28,844 dwt containership Safmarine Kuramo carrying 25 crew members on February 5 off Nigeria, Maersk Line confirmed to World Maritime News. “In the morning of 5 February local time, the container vessel Safmarine Kuramo was attacked while on route to Onne in Nigeria. Presumably a number of criminals came on […]

  • 13 May 2015
    Vessels

    FKAB said it has been working on a conversion project of Stena Line’s M/S Stena Germanica.

  • 24 April 2018
    Business & Finance

    Seago Line’s new vessel, the Vistula Maersk, to connect Rotterdam and St. Petersburg on the North Europe feeder link.

  • 3 September 2018
    Vessels

    Construction has begun on Viking Line’s new liquefied natural gas (LNG)-powered passenger cruise ship at the Xiamen Shipbuilding Industry shipyard in China. The vessel, scheduled for delivery at the end 2020 will be deployed on the Turku (Finland)–Åland Islands–Stockholm (Sweden) route. Viking Line’s new vessel will be 218 meters in length and have a gross […]

  • 29 October 2015
    Business & Finance

    Danish container shipping giant Maersk Line has not decided yet whether it would order additional eight 14,000 TEU containerships at Hyundai Heavy Industries (HHI), Maersk Line Spokesperson told World Maritime News responding to media reports on the exercise of the option. Namely, Maersk Line signed a USD 1.1 billion new building contract with HHI in July for nine vessels […]

  • 24 December 2019
    Business & Finance

    Jiangsu Jinling has started the construction of TT-Line’s new LNG-powered RoPax.

  • 15 November 2019
    Business & Finance

    The vessel will now start a six-week journey to the Irish Sea, where it will begin service in January 2020.

  • 17 July 2017
    Business & Finance

    Norwegian shipbuilder Ulstein Verft has held the steel cutting ceremony for Color Line’s plug-in hybrid ferry. The steel cutting took place at the hull yard Crist, Poland, on July 14. Scheduled to be completed in 2019, the newbuilding will serve the Sandefjord-Strömstad route. As explained, the ferry will be able to turn to battery power upon […]

  • 7 July 2015
    Business & Finance

    South Korean shipbuilder Hyundai Heavy Industries has organised a steel cutting ceremony for a Very Large Gas Carrier ordered by compatriot LPG and chemical shipping company KSS Line. The 84,000 cbm LPG carrier is due for delivery in 2016, and is assigned on a seven-year-plus time-charter with Japanese trader Itochu. Back in February, KSS Line signed a financing […]

  • 29 December 2015
    Business & Finance

    South Korean shipbuilder Hyundai Heavy Industries (HHI) has laid the keel for a 84,000 cbm Very Large Gas Carrier (VLGC) for its compatriot shipping company KSS Line. This is the second LPG carrier HHI started building for KSS this month. The ship, priced at KRW 91.4 billion (USD 76.7m), is due for delivery by the […]