The technology group Wärtsilä has been contracted to supply the exhaust gas cleaning systems for two new 56,000 dwt Handymax bulk carriers. The ships are being built at Japan’s Oshima Shipbuilding for Tokyo-based NYK Bulk & Projects Carriers (NYK BP), a wholly owned subsidiary of Nippon Yusen Kabush
German shipping major Hapag-Lloyd has added a new 15,000 TEU containership Afif to its fleet, strengthening its presence in South Korea. The company informed that the 150,800 gross ton vessel “was delivered in perfect condition to Hapag-Lloyd and is already making its way to Pusan.” Featuring a leng
The containership orderbook has diminished by 30% in capacity terms since the start of 2016 and in the first half of 2017 it totalled less than 40,000 TEU, Clarksons Research said. However, there are several important aspects of the orderbook to consider, including the change in the overall size of
Italian shipbuilder and ship designer Fincantieri has informed that it is still in negotiations with the French government on the acquisition of St Nazaire-based STX France. Namely, the negotiations between the parties are under way “to define a satisfactory governance structure for STX France.” Fin
Although newbuilding orders for tanker and bulkers increased during the first half of 2017, the overall number of orders placed has more than halved when compared to the same period in 2015, according to data provided by VesselsValue. A total of 245 new orders were placed so far this year, against 5
Additional phasing in of ultra-large container vessels (ULCV)– with a nominal capacity in excess of 18,000 TEU-on the Asia to North Europe trade lane could double their capacity share on the trade by next year, market intelligence provider in the container shipping industry SeaIntel says. There are
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South Korea’s STX Offshore & Shipbuilding has won an order for four 50,000 deadweight tonnage (DWT) midsize tankers as it steps up its efforts to business recovery. The order, worth USD 140 million, has been placed by a Greek owner Oceangold Tankers, according to Asiasis. The newbuild tankers, price
The first ship featuring International Maritime Organisation’s Tier III EIAPP (Engine International Air Pollution Prevention) certified Wärtsilä diesel engines was launched on July 12. The 72-metre polar logistics vessel L’Astrolabe is fitted with a complete Wärtsilä propulsion machinery package and
Damen Shipyards Group has paid EUR 23.5 million (USD 27.6 million) for the acquisition of Keppel’s Verolme shipyard in the Netherlands, Keppel Offshore & Marine said in its half-year report. As disclosed by the company, the sale was part of Keppel O&M’s efforts “to rationalize its global yard networ
The number of active shipyards on a global scale has dropped by 62 percent since the beginning of 2009, according to Clarksons shipping consultancy. Specifically, there was a total of 358 active yards, defined as having at least one unit under construction, as of July 2017, a slashed figure when com
The recently coined cooperation between Hoegh LNG and Qatar Gas Transport Company (Nakilat) is likely to result in the construction of new floating natural gas import terminals, according to Hoegh LNG’s CEO Sveinung Stohle cited by Reuters. The parties said that they signed a Memorandum of Understan
The mid-sized niche carriers have seen a 12.8% increase in deployed capacity during the first six months of 2017, market intelligence provider SeaIntel Maritime Analysis informed. An analysis of capacity injections over the period showed that this segment, consisting of the 21st-40th largest shippin
Oslo-listed Philly Shipyard ASA recorded USD 19.4 million in net income for the first half of the year, considerably up from last year’s USD 7.4 million. However, net income for the second quarter reached USD 2.2 million, down from corresponding USD 5.4 million. Operating revenues for the second qua
