Vard is to design and construct the first electric hybrid cruise icebreaker with LNG propulsion for Ponant.
MSC and CMA CGM have turned to Chinese shipbuilders to bolster the capacity of their containerships.
Aibel AS shipyard in Norway has completed the upgrade of Teekay Offshore’s Petrojarl I FPSO.
Burgess Marine Ltd has filed for administration, resulting in job losses for over 100 people.
Viking Ocean Cruises has brought its ordering tally at Italian shipbuilder Fincantieri to ten.
Readers’ Picks of the Week (December 11-15, 2017)
CMA CGM tied to an order for three 2,200 TEU containerships at Chinese Yangzijiang Shipbuilding Holdings.
Algoma Innovator, a bulk carrier owned by Algoma, was delivered at 3. Maj shipyard on December 14.
Shipowners appear to be unfazed by the likelihood of low profits continuing into the next year.
On December 11, the stern section of AIDAnova became the first of two giant ship modules to be undocked in Papenburg.
OTAGT will be receiving in the future “the largest butane river barges ever used in Europe”.
China Merchants Industry Holdings has won a contract for construction of a ‘revolutionary’ semi-submersible crane vessel.
Teekay LNG Partners has completed a USD 816 million loan to finance six ARC7 LNG carrier newbuildings.
Environmental legislation will be at the top of the agenda of Angus Frew, Secretary General & CEO of BIMCO.