Dutch coastal shipping company Thun Tankers, part of the Gothia Tanker Alliance, has contracted four 17,500 dwt IMO II product/chemical tankers to be built at China’s Avic Dingheng Shipbuilding. The vessels are expected to be delivered between April 2019 and January 2020. Furetank Rederi AB, Thun Ta
In a time dominated by smart technology and automation being applied across the board, from industrial production to our homes and smart phones, we are witnessing an advancement of this technology in the marine sector as well aimed at making even ships autonomous. World Maritime News spoke with Oska
Greek shipping company Metrostar Management Corporation has reached a shipbuilding agreement with South Korean Daehan Shipbuilding, according to data provided by VesselsValue. Under the contract signed between the parties on April 19, the shipbuilder will construct two Aframax tankers and deliver th
Greek shipping company Neda Maritime has ordered a 319,000 dwt very large crude carrier (VLCC) from South Korean Hyundai Samho Heavy Industries (HSHI), with an option for one more tanker, VesselsValue’s data shows. Neda Maritime will pay USD 82 million for the newbuilding, which is scheduled to be c
Readers’ Picks of the Week (April 17-21, 2017)
The European shipping industry is set to receive further support in the sustainable projects field as the European Investment Bank (EIB) and Dutch bank ABN Amro plan to sign an agreement to support investments for greening the fleet on April 21. This EUR 150 million (USD 160.8 million) framework, wh
There are 56 container ships of 18,000 + TEU on order slated for delivery from April, 2017 till June, 2020. The mega boxships are intended predominantly to sail on the North Europe-Far East trade dominated by carrier alliances that have been freshly reshuffled. Only this year 19 vessels of this size
Monaco-based dry bulk shipping company Scorpio Bulkers has taken delivery of all of its newly constructed vessels from the company’s 48-ship newbuilding program. The company said that the final ship from the batch, SBI Jive, joined its fleet earlier in April. Featuring 81,300 dwt, the Kamsarmax was
Video Courtesy: Inselvideo The video shows mega cruise ship MSC Seaside under construction at Fincantieri’s Monfalcone shipyard in Italy. MSC Seaside is the first of the two cruise vessels ordered by Switzerland’s MSC Cruises from Fincantieri. With a gross tonnage of 154,000 tons, the ship is 323 me
The European Union and Japan have raised concerns over Daewoo Shipbuilding & Marine Engineering’s (DSME) rescue plan as the shipbuilder secured the necessary approvals for the aid, according to Yonhap News Agency. Namely, the South Korea’s latest restructuring plan for the ailing shipbuilder was app
The recent booming of the cruise industry in the Asian market has proved to be a great business opportunity for first movers such as Genting Hong Kong, Colin Au, the Group President reveals in an interview with World Maritime News. According to Cruise Lines International Association’s (CLIA) 2016 As
Finnish engineering company Wärtsilä has been selected to equip the first liquefied natural gas (LNG) fuelled offshore construction vessel, being built at the Cosco shipyard in China, with propulsion machinery. Ordered by Belgian ship operator Dredging International (DEME), the vessel will feature W
Italian shipbuilder Fincantieri has signed a memorandum of agreement for the construction of two additional cruise ships, with an option for another two, with Viking Ocean Cruises. The 47,800 gross ton newbuilds, which will be sister ships to the six already ordered vessels, are expected to enter th
Italian shipbuilding company Fincantieri signed on Wednesday the Heads of Terms for the acquisition of shares in STX France with the French State, represented by the Agence des Participations de l’Etat (APE). The signing comes on the back of an agreement in principle Fincantieri reached with the Fre
