Miami-based cruise ship company Carnival Cruise Line, part of Carnival Corporation, has revealed the name of its new 133,500-ton ship, Carnival Horizon, which is scheduled for delivery in March 2018. Currently under construction at Fincantieri’s shipyard in Marghera, Italy, Carnival Horizon will be
USD 43.8 Bn Fleet Awaiting Delivery in 2016 During the first half of 2016, some USD 28.4 billion worth of vessels have been delivered to their respective owners, while over USD 43.8 billion worth of ships is left on the orderbook to be delivered by year’s end… Read More Alphaliner: Weak Earnings Lea
A large scale tri-party engineering contract for the design of a Global Class mega passenger ship, to be built for the Hong Kong-based cruise line Star Cruises, was signed on July 28. MV Werften, a group of three of the largest shipyards in the Germany, Engineering and consulting company Elomatic Lt
During the first half of 2016, some USD 28.4 billion worth of vessels have been delivered to their respective owners, while over USD 43.8 billion worth of ships is left on the orderbook to be delivered by year’s end, according to data provided by VesselsValue. So far this year, a grand total of 905
Greek ship manager Thenamaris has taken delivery of a 158,566 dwt Suezmax tanker, the Seavigour, from South Korean shipbuilder Hyundai Samho Heavy Industries. The Seavigour features a length of 274 meters, a width of 48 meters and a draft of 17.5 meters. The Malta-flagged tanker, which has a capacit
Norwegian ship owner Ocean Yield ASA has taken delivery of Navig8 Topaz, a 49,000 dwt IMO chemical tanker, from South Korean shipbuilder STX. This is the sixth ship delivered in a series of eight chemical tankers to be chartered to Navig8 Chemical Tankers under a 15-year “hell and high water” barebo
Swiss-based container carrier Mediterranean Shipping Company (MSC) christened the latest in a series of twenty 19,224 TEU container ships, MSC Sveva, during a ceremony held at the Port of Le Havre, France, on July 20. The 199,272 dwt MSC SVEVA belongs to an Oscar-class of container ships which featu
The Korean Register (KR) has completed a feasibility study for the conversion of an 8,600 TEU container ship into a 10,000 TEU vessel which showed that the method could potentially save time and money to ship owners and operators when compared to ordering a new boxship. This new capacity specificati
Italian shipbuilder Fincantieri S.p.A. has recorded EUR 1.659 billion revenue coming from its shipbuilding segment in the first half of 2016, a 6.7% increase compared to EUR 1.555 billion reported for the same period a year earlier, on the back of a rise in cruise ship production volumes. The compan
Petroleum products transporter Navig8 Product Tankers has entered into a USD 66 million senior secured credit facility agreement with the Singapore branch of ABN AMRO Bank to provide post-delivery financing for two of its 74,000 dwt LR1 product tankers under construction at SPP Shipbuilding in South
Norwegian shipping company Wallenius Wilhelmsen Logistics (WWL) has taken delivery of Themis, the fourth out of eight Neo-Panamax RoRos ordered from Hyundai Samho Heavy Industries in South Korea. Like her sister vessels, Theben, Thalatta and Thermopylae, Themis is almost 200 metres long, 36.5 metres
Gudali Express, the seventh and the last livestock carrier built at COSCO Guangdong Shipyard in China, has been delivered to its owner, the Dutch shipping company Vroon. The vessels are designed to have a cargo capacity of approximately 4,600 sqm and a cruising range of 18,000 NM. The ships are fitt
Rolls-Royce has signed a contract worth about GBP 25 million (USD 33 million) with the ship building company Kleven in Norway for design and ship equipment to two new polar cruise vessels, with an option for two additional vessels. The contract between Kleven and Rolls-Royce follows the conversion o
Mein Schiff 5, TUI Cruises’ newest cruise ship, was named on July 15 in the Bay of Lübeck, Travemünde, Germany. Built at Meyer Turku Oy shipyard in Finland, the 98,785 GRT ship was handed over to its owner on June 20 and arrived in Kiel three days later. Mein Schiff 5 features a length of 295.3 [&he
