South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has won a contract to build a liquefied natural gas floating storage regasification unit (LNG FSRU) for the Greece-based Maran Gas Maritime, part of the Angelicoussis Shipping Group. The contract includes the 173,400 cbm LNG FS
The cruise industry is expected to introduce a total of 97 new cruise ships from 2017-2026 totaling an estimated investment of USD 53 billion through 2026, Cruise Lines International Association (CLIA) reports in its 2017 State of the Cruise Industry Outlook. In 2017 alone, cruise lines are schedule
Fincantieri has launched Viking Sun, the fourth of six cruise ships the California-headquartered Viking Ocean Cruises has ordered from the Italian shipbuilder, at the shipyard in Ancona. Interior fittings will now begin, leading the vessel to its delivery, scheduled in autumn 2017, Fincantieri said.
China’s Cosco (Zhoushan) Shipyard, part of Cosco Shipyard Group, has agreed to postpone the delivery of one bulk carrier to an unnamed European client by one year. Upon the request of the client, the delivery of the bulker was pushed from the second quarter of 2017 to the second quarter of 2018. The
Chevron North Sea Limited has canceled its order for a Floating Production Storage Offloading (FPSO) unit at South Korea’s Hyundai Heavy Industries. The shipbuilding contract, signed in April 2013, was valued at KRW 2.157 trillion (around USD 1.85 billion). HHI was in charge of the design verificati
Switzerland-based shipping company Nova Marine Carriers has named NACC Capri, a 7,300 dwt pneumatic cement carrier, following its delivery in November 2016. The 5,173 gross ton ship, which features a length of 109.9 meters and a width of 16.8 meters, was built by Chinese shipbuilder Ningbo Xinle. Ca
German shipbuilder MV Werften has contracted DNV GL for the classification of three Endeavor class newbuildings being built for the US-based cruise line Crystal Yacht Expedition Cruises. The contract includes the classification of three 20,000 gross ton megayachts to be delivered in 2019, 2020 and 2
Norway’s shipping company Höegh Autoliners took delivery of Höegh Trotter, the firm’s sixth New Horizon Pure Car Truck Carrier (PCTC), in Xiamen, China, on December 8, 2016. Höegh Trotter is the final Post-Panamax vessel to be delivered by Chinese shipbuilder Xiamen Shipbuilding Industry to Höegh Au
Monaco-headquartered dry bulk shipping company Scorpio Bulkers has reached agreements with Hudong-Zhonghua (Group) in China to reduce the price to be paid under the shipbuilding contracts for two Kamsarmax newbuilds. The price of the two Kamsarmax vessels, which are to be delivered between Q1 2017 a
Greek shipping company Diana Shipping has entered into a time charter contract with Koch Shipping, Singapore, for San Francisco, one of its Newcastlemax dry bulk vessels which is currently under construction in China. The gross charter rate is USD 11,750 per day for a period of minimum twelve months
Readers’ Picks of the Week (December 5 – 9, 2016)
Floating liquefied natural gas company Höegh LNG has signed a Letter of Intent (LOI) for one firm and three optional floating storage and regasification units (FSRUs) at South Korea’s Samsung Heavy Industries (SHI). Complete shipbuilding contract for the firm vessel is expected to be signed by mid-J
South Korea’s shipbuilder Hyundai Mipo Dockyard (HMD) has entered into an agreement to build a 7,500 cbm liquefied natural gas (LNG) bunkering vessel for German-based company Bernhard Schulte Shipmanagement. The vessel will feature a length of 117 meters and a width of 20 meters, according to Hyunda
Readers’ Picks of the Week (Nov 28 – Dec 2, 2016)
