Two new shuttle tankers being built for Knutsen NYK Offshore Tankers (KNOT) at South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering will be fitted with battery technology to gain fuel efficiency and cut emissions. Namely, DSME has inked a deal with ABB Marine & Ports to deliver the powe
Cathrine Kristiseter Marti has been appointed as the new CEO of Ulstein Group, replacing Gunvor Ulstein who has decided to step down from her operational role after 22 years. Cathrine Marti comes from the position as CFO, a role she has had for the past six years. Gunvor will remain Chair of the Boa
The UK-based WEM Marine has ordered two new crew transfer vessels (CTVs) from Singapore’s shipbuilder Strategic Marine. The 27m CTVs will be powered by two Caterpillar C32 engines driving fixed pitch propellers and will be able to accommodate 24 technicians and three crew members. The vessels will b
Greek shipping company Aegean Shipping Management recently entered into an agreement with Chinese shipbuilder COSCO Shipping Heavy Industry (Yangzhou) Co. to construct two 114,000 dwt tankers.
German shipbuilder Meyer Werft has handed over Iona, a 180,000-ton LNG-powered cruise ship, to the British shipping company P&O Cruises.
Germany’s bank KfW IPEX-Bank and Finnish ferry operator Finnlines, part of Italy’s Grimaldi Group, have signed a €40 million (around $47 million) loan agreement to finance a hybrid roll-on/roll-off (RoRo) vessel.
UK owner Scotline Marine Holdings Ltd has exercised the option for a fourth 4,800 dwt multipurpose vessel at Dutch shipyard Royal Bodewes Shipyard. The MPP will feature hybrid battery power that can be charged by shore power. The Bodewes Trader is to be named MV Scot Isles and launched in Q3 2021. M
Carnival Cruise Line’s LNG-powered XL-class cruise ship Mardi Gras has completed its sea trials with flying colors, Finland-based shipbuilder Meyer Turku said. The giant cruise ship returned to the yard last week, after testing its systems and operations at sea for ten days. The mega-ship will now u
German shipbuilder MV Werften, part of Genting Hong Kong (GHK), has received a €193 million (about $227 million) state-supported loan to complete the cruise ship Crystal Endeavor for delivery and keep the shipyard operations till March 2021.
A total of 75 people associated with Norway’s shipbuilder New Havyard Ship Technology AS, part of Havyard Group, have tested positive for the coronavirus, further extending the closure of the yard. The Leirvik-based shipyard temporarily halted activities on September 30, after four infection cases w
Switzerland-based energy storage company Leclanché has won a contract to provide battery energy storage systems for two hybrid ships ordered by compatriot Compagnie Générale de Navigation sur le Léman (CGN SA).
Norway-based OIM Wind, together with its financial partners, has signed an EPC contract with the CIMC Yantai Raffles Offshore shipyard in China for the construction of an installation vessel capable of installing giant next-generation offshore wind turbines. The vessel, currently referred to as BT-2
French liquefied natural gas containment systems specialist GTT has been contracted to design tanks for LNG cargo ready VLEC quartet.
Finnish ferry operator Finnlines, part of the Italian Grimaldi Group, has secured a loan of EUR 30 million (about $35 million) to finance the acquisition of its three new hybrid cargo vessels.
