South Korea’s Samsung Heavy Industries (SHI) has terminated a contract for the construction of a liquefied natural gas (LNG) floating production and storage (FPSO) unit the shipbuilder signed with an European buyer back in January 2009. The contract, valued at KRW 907.6 billion (USD 774 million), wa
Wind turbine manufacturer Siemens Wind Power has presented the world’s first heavy cargo Roll on/Roll off (RoRo) vessel custom designed to transport wind turbine components at the Port of Esbjerg in Denmark. The 141-metre long Rotra Vente, designed by Deugro Denmark, will be used to transport wind t
Italian shipbuilder Fincantieri has held a keel laying ceremony for Seabourn Ovation, the second of two ultra-luxury ships ordered from US-based cruise line Seabourn, part of Carnival Corporation, at the Sestri Ponente shipyard in Genoa. The steel cutting ceremony for the new vessel was held in June
Swiss-based cruise line MSC Cruises has held a steel cutting ceremony for MSC Bellissima, the second of the Meraviglia generation of cruise ships, at STX France’s shipyard in Saint-Nazaire, France. The new cruise ship is expected to come into service in 2019, according to the company. “MSC Cruises a
Petroleum products shipping company Navig8 Product Tankers has taken delivery of the Navig8 Goal, a 113,000 DWT LR2 tanker from Guangzhou Shipyard International Company Limited (GSI). The Navig8 Goal is the fifth of eight vessels contracted at GSI to be delivered to Navig8 Product Tankers. The vesse
Rolls-Royce plans to lay off 800 more workers from it Marine business throughout 2016 and 2017 citing ”continuing weakness in the maritime market” as the reason for the third wave of job cuts at the division in less than a year. ”Today’s proposals follow a series of cost reduction initiatives carrie
Dutch-based exploratory Polar cruise operator, Oceanwide Expeditions, has ordered a 180-passenger, ice-strengthened ship at Brodosplit shipyard in Croatia. The ship, called the m/v Hondius, will be the strongest ice-strengthened vessel in the Polar regions once delivered in the first half of 2019, a
Italian shipbuilder Fincantieri has held the handover ceremony of Seabourn Encore, the first of two ultra-luxury cruise ships ordered by US-based cruise line Seabourn, at the Marghera shipyard in Venice. The new cruise ship features a length of 210 meters and a width of 28 meters and is able to acco
The Netherlands-based BigRoll Shipping has taken delivery of the third of four MC-Class module carriers, the BigRoll Baffin, from the Cosco Dalian Shipyard in China. The first BigRoll vessel, the BigRoll Barentsz, was handed over in April 2016 and has started serving the Yamgaz consortium of Technip
Gibraltar-based shipyard Gibdock has welcomed back the cruise ship Thomson Majesty, the Thomson-operated vessel owned by Louis Cruises, for repair and renewal works. The project involved two weeks in Gibdock’s No. 1 dock for the 207 meter long vessel within a fixed schedule, after Thomson Majesty ca
Italian shipowner Caronte & Tourist has selected the Bergen-based ship designer LMG Marin for the design of the company’s new liquefied natural gas (LNG)-fueled large double-ended ferry. The LMG 290-DEG design, which is 133 meters long and 21,5 meters wide, will have capacity for 290 cars on two veh
Geneva-based cruise line MSC Cruises and Italian shipbuilder Fincantieri celebrated the float-out of MSC Seaside, the first of the two “Seaside” class mega-ships ordered by the company, at the shipyard in Monfalcone on November 26, 2016. MSC Seaside is scheduled to enter service between June and Dec
Readers’ Picks of the Week (November 21 – 25, 2016)
Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has taken delivery of its fourth 49,000 dwt chemical tanker from South Korean shipbuilder STX Offshore & Shipbuilding. Navig8 Tanzanite is the final 49,000 dwt IMO2 Interline-coated tanker in the compan