Germany-based dry bulk carrier owner and operator Oldendorff Carriers is progressing well with its massive fleet renewal program. The latest two newbuilds joined the company’s fleet during Q2 2020.
Greece-based LNG shipping company GasLog has taken delivery of GasLog Westminster from the South Korean Samsung Heavy Industries shipyard.
The Finnish technology group Wärtsilä was contracted to deliver a complete bridge systems installation for five icebreaking LNG-fueled tankers to be constructed for the Arctic LNG-2 project.
The largest commercial shipbuilder in India Cochin Shipyard Limited (CSL) Kochi has signed contracts for construction and supply of two autonomous electric ferries for ASKO Maritime AS, Norway with an option to build two more identical vessels. ASKO Maritime AS is the subsidiary of Norges Gruppen AS
The Flensburg District Court will open insolvency proceedings concerning Flensburger Schiffbau-Gesellschaft mbH (FSG) on August 1st, the company said in an update. To remind, the German cash strapped shipbuilder filed for the opening of insolvency proceedings at the local court in Flensburg in April
Norway’s ship recycling firm Green Yard has taken over compatriot Kleven Verft, which filed for bankruptcy early this month after losing a loan deal. A Kleven spokesperson confirmed to Offshore Energy-Green Marine that the takeover agreement has been reached with the bankruptcy estate and the banks
There has been a dramatic fall in the shipbuilding activity during the first half of 2020 as the COVID-19 pandemic curbed owners’ willingness to order new ships amid market uncertainties and restricted access to capital. Based on the data from VesselsValue, the number of ordered ships in the first h
Norwegian transportation company The Fjords has taken delivery of its second all-electric passenger ship, Legacy of The Fjords.
Many shipowners are facing challenges in finalizing the Inventory of hazardous materials (IHM) required under the upcoming European Union’s Ship Recycling Regulations (EUSRR) due to the impact of the COVID-19 pandemic, BIMCO, the world’s largest shipowner association, said. Namely, as of December 31
The video shows a first-of-its kind project between the Aberdeen headquartered metal waste recycling and processing firm John Lawrie Metals and Kishorn Port Limited (KPL), which resulted in the downsizing and recycling of the MV Kaami. The general cargo vessel ran aground in the Minch between Skye a
Greek shipping major TEN has entered into a contract for the construction of up to three Suezmax DP2 shuttle tankers on long-term employment with an unnamed European charterer. TEN said that vessels would be built at a yard in South Korea and that the time charter equivalent minimum revenues to be g
The French outfit GTT has secured an order to design and build tanks for a trio of liquefied natural gas (LNG) carriers.
Maersk, owner and operator of the world’s largest container shipping fleet, has sold a 9, 640 TEU containership Sine Maersk for demolition in Turkey. The 22-year-old containership has a market value of $ 11.69 million, according to the data from VesselsValue. “We hereby confirm that Sine Maersk has
Russian Zvezda shipyard has started building another liquefied natural gas-powered Aframax tanker for compatriot Rosneft. The yard held a keel laying ceremony for the LNG-powered vessel on Monday, according to a statement by Russian state-owned energy company Rosneft. The vessel will be named after
