Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has taken delivery of a 25,000 dwt stainless steel chemical tanker Navig8 Spark from Japanese shipbuilder Kitanihon Shipbuilding Co. Ltd. The tanker is the third of six vessels contracted at Kitanihon t
A double naming ceremony for Pomor and Normann, the two icebreaking offshore vessels built for the Russian shipping company Femco, will take place at Havyard Ship Technology in Norway on October 15, 2016. According to the shipbuilder, the two vessels will operate under a contract with Exxon Neftegas
Given the current conditions, the shipping industry needs supply-side re-positioning to help the markets back to improved health, and increased recycling in recent years has been a clear part of this, according to Clarksons Research. Since the start of 2009, a total of 206.6 million gross tons of sh
A fire broke out on the cruise ship newbuilding Norwegian Joy at Meyer Werft shipyard in Papenburg, Germany, on the morning of October 8, 2016. The fire started on one of the balconies of the cruise ship’s Deck 9 at 7:50 am, and was brought under control at around 9:20 am, according to the local pol
Miami-based cruise line operator Royal Caribbean Cruises has placed orders for around 200,000 gross ton large cruise ships under the project name “Icon” at Finnish shipbuilder Meyer Turku. To be delivered in 2022 and 2024, the new vessel will mark the beginning of a new generation of liquefied natur
Shipping company Navig8 Product Tankers has taken delivery of the 74,000 dwt LR1 tanker Navig8 Precision from South Korean shipbuilder SPP Shipbuilding. Navig8 Precision, the third of four vessels contracted at SPP to be delivered to the company, will be entered into and operated in Navig8 Group’s L
Klaveness: No Company Is “Too Great to Fail” One month after the South Korean shipping giant Hanjin Shipping sought bankruptcy protection, there are a number of important lessons to be learned from the event, according to Norwegian shipping company Torvald Klaveness… Read More Drewry: Container Ship
UK ferry operator Wightlink has revealed that the steel cutting ceremony for its new ship took place at the Cemre shipyard in Yalova, Turkey, on October 4, 2016. To be deployed on the Fishbourne-Portsmouth route, the new ferry is expected to come into service in summer 2018, according to Wightlink.
Dutch coastal shipping company Thun Tankers has placed an order for four coastal tankers at its compatriot shipbuilder Scheepswerf Ferus Smit B.V. The vessels, which will feature 7,999 dwt and have a cargo capacity of 9,500 m3, would replace some of the company’s older tonnage. Featuring a length of
Norwegian shipbuilder and ship designer Vard Holdings Limited (Vard), a subsidiary of Fincantieri, said that the contracts for the design and construction of two expedition cruise vessels for TUI Group’s German cruise company Hapag-Lloyd have been confirmed. The contracts were announced on August 26
Australian builder of high-speed craft catamarans Incat has been selected by the Malta-based ferry operator Virtu Ferries to design and build an 110-meter vehicle passenger (RoPax) ferry. Construction of the vessel will commence in early 2017, with delivery scheduled at the end of 2018. The new ferr
Finnish shipping company Meriaura has taken delivery of M/S Eeva VG, the first of two VG EcoCoaster general cargo vessels ordered from Dutch shipbuilder Royal Bodewes. The 5,000-ton vessel arrived for the first time in Finland on October 4, 2016. It was baptized in the port of Rauma on October 5, wh
The NGO Shipbreaking Platform has called on the European Commission, the European Parliament and Member States to support the introduction of a financial incentive that will enhance safe and environmentally sound ship recycling in line with the standard set by the European Ship Recycling Regulation.
Antwerp-based tanker owner and operator Euronav NV has ordered two high specification Ice Class Suezmax vessels from Hyundai Heavy Industries shipyard in South Korea. The 158,600 dwt tankers were ordered for a price of USD 62 million each, according to data provided by VesselsValue. The contract has
