The newbuild activity for the first half of 2017 has surpassed the same period last year by 20%. A total of 5.9 million DWT was contracted in May 2017 and 3.1 million DWT so far in June 2017, which brings the total amount of newbuild orders up to 19.6 million DWT for 2017, BIMCO’s figures […]
Greece-based Enterprises Shipping & Trading (EST) has reportedly ordered four MR2 tankers at STX Offshore shipyard in South Korea. The company will pay for each of the four 50,000 dwt ships USD 32 million, VesselsValue’s data shows. The 10,570 gross ton newbuildings are scheduled for delivery in 201
Greece-based shipping company Oceangold Tankers has reportedly placed an order for a pair of MR2 tankers at the South Korean shipyard STX Offshore. Featuring 50,000 dwt each, the new tankers are scheduled to join their owner in 2019, according to data provided by VesselsValue. Oceangold is said to b
The keel has been laid for Hanseatic Nature, the first of two expedition new-builds owned by Hapag-Lloyd Cruises that are being built at VARD shipyard in Tulcea, Romania. “It is a great pleasure to watch the development of our first expedition new-build. In the shipyard, as well as in the Hamburg of
Tanker owner and operator AET, a part of MISC Berhad, has confirmed an order for two shuttle tankers, which will be chartered to Norwegian oil and gas major Statoil. To be built by Samsung Heavy Industries, the new tankers will feature 125,000 dwt. They are scheduled to join their owner in 2019, whe
With contracting this year only slightly less subdued than in 2016, there has been a welcome influx of activity in the very large crude carrier (VLCC) sector, Clarksons Research informed. In the first five months of 2017, there have been 27 VLCCs of a combined 8.5 million dwt reported ordered. This
Finnish technology group Wärtsilä has been contracted to supply the engines, propellers, and fuel supply systems for four new tanker vessels being built for Sweden-based Erik Thun AB. The ships, which will run on both liquefied natural gas (LNG) and diesel, are under construction at the Scheepswerf
Norway-based Knutsen OAS Shipping has ordered four MAN B&W 5G70ME-GI engines with EGR systems for its two 180,000 cbm LNG tanker newbuildings. Upon delivery in 2020, the vessels will transport cargoes worldwide for two unnamed Spanish utility companies. “These orders are notable in that they are the
Northern Europe’s shipping and logistics company DFDS has today ordered two additional RoRo newbuildings from Jinling Shipyard in China. The new ships are slated for delivery in early 2020 and are planned to be deployed in DFDS’ route network on the North Sea. “The ships form part of our new buildin
German shipping company Hapag-Lloyd will hold the naming ceremony for the Guayaquil Express, the fourth of five newbuildings in its 10,500 TEU class, at the container terminal Altenwerder in Hamburg today. Ordered in 2015, the Guayaquil Express will plough the seas between Europe and South America.
UK-based engineering company Rolls-Royce has received an order for four diesel engines to power the world’s largest hybrid ferry being built for the Norwegian cruise and transport company Color Line. The ferry is designed by Fosen and will be built at Ulstein Verft in Norway. When completed by the s
Norwegian shipowner Ocean Yield has taken delivery the delivery of the liquefied ethylene gas carrier Gaschem Orca from China’s Sinopacific Offshore & Engineering (SOE). Upon delivery, the carrier commenced a 15-year bareboat charter to the German shipping company Hartmann Group. It will enter into
Greek shipping company Metrostar Management Corporation has ordered two more Aframaxes from South Korea’s Daehan Shipbuilding, VesselsValue data shows. Under the agreement signed on June 15, the shipbuilder is scheduled to deliver the two 114,000 dwt vessels to Metrostar Management in 2019. Athough
Norwegian shipping and tank terminal company Odfjell has signed a Term Sheet with Chemical Transportation Group (CTG) to purchase the last five stainless steel newbuildings. The ships are a part of a newbuilding order of ten 25,000 dwt vessels with 24 stainless steel tanks, under construction at Chi
