M/V Auto Eco, the world’s first liquefied natural gas (LNG) -fueled pure car and truck carrier (PCTC) owned by Norway-based shipping firm United European Car Carriers (UECC), was named at the Port Zeebrugge, Belgium, on November 21, 2016. The new PCTC is the first of two sister ships built for UECC,
Finnish dry bulk shipping company ESL Shipping has entered into EUR 50 million (USD 52.9 million) agreements to finance its two 25,600 dwt Handy bulk carriers currently under construction at China’s Jinling Shipyard Nanjing. Signed with OP Corporate Bank Plc on November 24, the total value of the tw
One person died and another was injured in an accident at Blohm+Voss shipyard in Hamburg, Germany, on November 22, 2016. Both casualties are employees of a partner company, Blohm+Voss said. The first worker was found dead at the scene by the rescue team, while the other was seriously injured and was
Smart ships are likely to be carrying cargoes within 10 years but all in the logistics chain need to adapt in order to make good use of the new technology and the huge amount of data that will be available as a result, according to the Women’s International Shipping & Trading Association (WISTA) UK.
Finnish ferry company Viking Line has signed a letter of intent for a passenger vessel to be delivered in the spring of 2020 with the Chinese shipbuilder Xiamen Shipbuilding Industry. Under the agreement, the parties plan to sign a final deal for the construction of the ferry during the spring of 20
Norwegian RoRo shipping company Höegh Autoliners has named its sixth New Horizon class Pure Car Truck Carrier (PCTC) Höegh Trotter at China’s shipyard Xiamen Shipbuilding Industries. Höegh Trotter is the final vessel in a series of six Post-Panamax ships that Höegh Autoliners has taken delivery of w
The next generation of cruise ships moves from concept to construction today, as the first piece of steel is cut at the STX France shipyard for Celebrity Cruises’ newest ship Celebrity Edge. The cruise line, a brand subsidiary of Miami-based cruise company Royal Caribbean Cruises, said that the Cele
The Netherlands-based shipbuilder Ferus Smit has received an order to build up to four small handy bulk carriers for Irish shipping company Arklow Shipping, according to data provided by VesselsValue. Featuring 16,500 dwt each, two of the new bulkers are scheduled for delivery in the second half of
MV Werften, a group of three of the largest shipyards in Germany, has ordered type 48/60CR engines for two Global Class cruise ships being built for Genting Hong Kong’s Star Cruises brand. German marine propulsion producer MAN Diesel & Turbo will equip each of the 200,000 gross ton vessels with six
Over 100 more classic Panamaxes would need to be scrapped in the coming months to re-balance supply and demand, and reduce the total pool to less than 470 units, compared to 670 units four years ago, according to Alphaliner. Only such a drastic reduction could elevate rates from their current all-ti
Weakness in freight rates will increase tanker shipping demolitions over the next two years, with the trend accelerating in later years as a result of the IMO regulation on ballast water, according to shipping consultancy Drewry. The new International Maritime Organisation (IMO) regulation on Ballas
Norwegian RoRo shipping company Höegh Autoliners sold its 1988-built Pure Car and Truck Carrier MV Morning Mercator for recycling on November 15. The company said that the vessel will be recycled at China’s shipbreaking yard Jiang Men City Zhong Xin Shipbreaking & Steel Co., as part of Höegh Autolin
Swedish tanker owner Terntank has taken delivery of the Tern Sea, the third of four 15,000 dwt chemical tankers with dual-fuel two-stroke engines ordered from Avic Dingheng shipyard in China. Featuring a length of 147 meters and a width of 22 meters, the Tern Sea was named in September 2016. Prior t
Norwegian ship owner Ocean Yield ASA has taken delivery of the 19,500 TEU container vessel MSC Mirjam from South Korean shipbuilder Samsung Heavy Industries. After being delivered from the shipyard today, the vessel commenced a 15-year bareboat charter with Switzerland-based container line Mediterra