
Acting on dry cargo asset opportunities, Danish shipping company Dampskibsselskabet Norden A/S has announced new vessel deals.

The Isle of Man Steam Packet Company (IoMSPC) has awarded contracts for the construction and technical advisory services for its new battery hybrid ferry.

The two offshore mast cranes on board OOS International’s semi-submersible crane vessel (SSCV) OSS Walcheren have been installed and load-tested, while the company’s SSCV OOS Serooskerke is now being prepared for sea trials. OOS International ordered the construction of two vessels from China Mercha

Sweden shipping company Furetank launched its seventh dual-fueled vessel at the Avic Dingheng Shipbuilding yard in China.

Dogger Bank Wind Farm has signed a contract with Jan De Nul Group for the transport and installation of GE Haliade-X offshore wind turbines at Dogger Bank A and Dogger Bank B. The installation of the 12 MW units at the site some 130 kilometres off the Yorkshire coast will start in 2023. Turbine tran

The total orderbook for dry bulk, container and tanker ships has reached its lowest point in 17 years as Covid-19 massively slowed contracting (-50%), BIMCO’s data shows. However, deliveries of new vessels have proved more resilient (-2%), as shipyards work through lockdowns to meet their delivery s

Scorpio Bulker’s decision to invest in a wind turbine installation vessel, announced earlier this week, came as a major surprise for the market, with many questioning the motives behind the dry bulk operator’s bold move into a brand new sector. The company signed a Letter of Intent with South Korean

Klaveness Combination Carriers ASA has taken delivery of the MV Baleen from New Yangzi Shipyard in China, the fourth of a total of eight contracted CLEANBU combination carriers. Klaveness said that the start of trading of MV Baleen will be delayed due to COVID-19 travel restrictions and quarantine r

The Hague-based LNG giant Shell has expanded its fleet with charter deals for six newbuild liquefied natural gas (LNG) carriers.

Monaco-based bulker owner and operator Scorpio Bulkers Inc. has signed a Letter of Intent with South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering Inc (DSME) to construct a wind turbine installation vessel. The total project cost is expected to be approximately $265-$290 million, sub

Norway has committed approximately $1.5 million (NOK 14 million) to support improved ship recycling in Bangladesh as part of an IMO-implemented project. The financing paves way for the third phase of the project on Safe and Environmentally Sound Ship Recycling in Bangladesh (SENSREC) launched in 201

The Realisation and Demonstration of Advanced Material Solutions for Sustainable and Efficient Ships (RAMSSES) project reached a key milestone. Namely, on July 18th Damen Schelde Naval Shipbuilding’s (DSNS) location in Vlissingen-East, the Netherlands, the project’s partners unveiled the recently as

Norway’s OHT has entered into a binding Heads of Agreement with China Merchants Heavy Industry (CMHI) for the construction of two wind turbine installation vessels, with options for two more units. OHT entered the agreement through its wholly-owned subsidiary, VIND Offshore Installation AS. The vess

Container shipping demolition has hit a 41-month high in July reaching 52.8 thousand TEU, thereby surpassing the 50.6 thousand TEU demolished in June, data from BIMCO shows. In the first seven months of the year a total of 152.8 thousand TEU has been demolished, up 26.3% from last year. 16 ships hav