Trillions of dollars could be misallocated if member states of the International Maritime Organization (IMO) fail to back an industry proposal for a global $5 billion research and development fund in order to de-risk the massive investment needed to decarbonize shipping. The call was made by the Int
Dry bulk shipping company Safe Bulkers wants to gradually renew its fleet with modern designs compliant with the new environmental regulations. In line with those efforts, in October 2020, the company signed a deal to buy a Japanese-built, Kamsarmax class, 82,000 dwt, newbuild bulker with a schedule
Royal IHC has decided to reorganise. This means that about 300 jobs will be lost in the Netherlands and about 300 in other locations.
Finnish shipbuilder Meyer Turku has decided to permanently lay off additional 84 people after closing the latest phase of talks with unions, pushing the total count of job cuts to 250. As Offshore Energy – Green Marine reported in August, the first phase of the employee cooperation negotiations (YT
The Dublin-based vessel operator Farra Marine has ordered what will be the first catamaran wind farm service vessel operating under the Irish flag. The Singapore-based Penguin Shipyard started building the 27-metre Farra Orla in early September. The expected delivery is in the second quarter of 2021
Switzerland-based Proman Stena Bulk Ltd has finalized an agreement to build an additional vessel under its joint venture partnership.
Dutch shipyard Concordia Damen has signed a contract for 40 dual-fuel barges with institutional investors advised by J.P. Morgan Asset Management.
Nexans saw its next-generation cable laying vessel the ‘Nexans Aurora’ launched at Ulstein on 8 November 2020. The vessel will be installing subsea cables, including cables connecting offshore wind farms to the grid and interconnectors. The hull arrived at Ulstein Verft on 15 June 2020 for the final
Norwegian shipbuilder New Havyard Ship Technology has decided to restructure its operations into a repair and service yard and reduce the number of staff by around 100.
On 3 November, Coastwise Offshore Services and Next Generation Shipyards signed a contract for the construction of a second aluminium vessel for the offshore wind industry, which will be operated by SeaZip. The vessel will be named COS Mate and follows a previously ordered one of the same design, CO
Damen Shipyards Galati has launched the third Island-class hybrid-electric vessel for Canadian ferry operator BC Ferries.
Damen Shipyards Group has signed a contract with the Dutch ferry joint venture Aqualiner-Swets for the construction of nine passenger vessels.
Monaco-based cruise line Silversea Cruises, part of Royal Caribbean Group, has taken delivery of Silver Moon, the second of its three new “Muse” ultra-luxury cruise ships being built by Italian shipbuilder Fincantieri.
United Wind Logistics (UWL) has taken delivery of the second of the two deck carriers on long-term charters with MHI Vestas Offshore Wind. MV BraveWind is the sister vessel to MV BoldWind, which was delivered earlier this year. Both vessels were built at Jiangsu Zhenjiang Shipyard in China. MHI Vest
