Monte Udala, the first of four Suezmax tankers ordered by the Spanish Ibaizábal Group from compatriot shipbuilder Navantia, has been floated out at Puerto Real Shipyard, in the Bay of Cadiz. As explained, the float-out represents an important milestone for Navantia as it is the first oil tanker cons
While global production of motor vehicles continues to grow, rising by 4.6% in 2016, the seaborne trade volumes of cars carried declined by some 4% last year, according to a report by Dynamar. The key driver of this is the expansion of car production closer to demand, which is nowadays taking place
German cruise company Hapag-Lloyd Cruises launched the construction of its second expedition ship HANSEATIC inspiration with a steel cutting ceremony on October 5, 2017. The steel for the new vessel, which is expected to hit the water in 2019, was cut at the Romanian VARD shipyard in Tulcea. The con
Russia is looking to launch a direct shipping service to Syria, Dmitry Rogozin, Russia’s Deputy Prime Minister, was cited by the country’s news agency TASS as saying. The launching of the new service comes as the trade turnover between the two countries increased by 42 percent during the first seven
The NGO Shipbreaking Platform is urging German authorities to hold Atlantic Container Line (ACL), a subsidiary of the Italian Grimaldi Group, accountable for alleged breach of European waste laws. In a letter sent to the German authorities, the Platform said that the company purposely sold two of it
Norwegian ferry builder Brødrene Aa, Hyen, has received an order for three high-speed carbon fiber catamaran ferries intended for the Chinese market. As informed, the company signed a contract with Zhongshan Hong Kong Passenger Shipping Co-op Co., Ltd. The construction of the vessels is expected to
German provider of engines and turbomachinery MAN Diesel & Turbo has pledged a EUR 2 million (USD 2.35 million) discount to shipowners for ten retrofits to liquified natural gas from existing heavy fuel oil engines. The announcement was made by Wayne Jones, OBE, Chief Sales Officer of MAN Diesel & T
Spanish shipping firm Fred Olsen has placed an order for two vehicle passenger trimaran ferries at Australian-based ship building company Austal Limited. Under the deal, valued at EUR 126 million (USD 147.7 million), Austal will construct the 117-metre high-speed ferries over a period of 29 and 36 m
Navigation Maritime Bulgare (Navibulgar), Bulgaria’s leading shipowner, has contracted up to six Bluetech 45 handymax bulk carriers from Chinese Jiangsu Yangzijiang Shipbuilding Group Ltd, according to the ship’s designer Bluetech Finland. The 45,000 DWT ships will have a length of 190 meters, maxim
Finnish shipbuilder Meyer Turku laid the keel of New Mein Schiff 2, the sixth next-generation cruise ship being built for German cruise line TUI Cruises, on October 5. This milestone marks the beginning of the hull assembly for New Mein Schiff 2, scheduled to be delivered to its owner in early 2019.
The Suez Canal Authority (SCA) has ordered two custom-built 29,190kW heavy-duty rock cutter suction dredgers (CSDs) from Dutch shipbuilder Royal IHC. Royal Ihc said that the vessels have been specifically designed in close cooperation with SCA, and will be used to maintain and improve the artificial
The Netherlands-based shipyard Icon Yachts is building a very special yacht, named the Gotham Project, scheduled for delivery in the spring of 2019. The aluminium yacht is realised with the brokerage firm Bristow-Holmes and is designed in partnership with ER Yacht Design. The naval architects are Ic
Norwegian fertilizer producer Yara has been granted NOK 133.6 million (USD 16.7 million) for the construction of the world’s first electric and autonomous containership, Yara Birkeland. Provided by the Norwegian government enterprise ENOVA, the grant would cover about one third of the estimated cost
Mitsui O.S.K. Lines’ (MOL) first independently owned, built and operated floating storage and regasification unit (FSRU), the MOL FSRU Challenger, was named at Daewoo Shipbuilding & Marine Engineering’s Okpo shipyard in Korea on September 28. The MOL FSRU Challenger will provide storage and regasifi
