In today’s spotted, we bring you the image of Stan Pontoon 8916 ICE barge being loaded on Jumbo Maritime’s heavy lift ship Jumbo Kinetic in Rotterdam. Built by Dutch shipbuilder Damen, two such vessels were delivered on July 6 to Silverburn Shipping Group. The two 89-meter-long, ice-classed vessels
Italian shipbuilder Fincantieri and China’s shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) have signed an agreement for the constitution of a joint venture aimed at developing and supporting the growth of the Chinese cruise industry. Under the agreement, the joint venture will
After a period of very limited tanker fleet growth across all but the MR sector, the tanker fleet has surged over the past twelve months by another 203 units amounting to 21.9 million dwt, according to Gibson Shipbrokers. The strength of the tanker market during the low oil price regime meant that o
Estonian shipping company Tallink Grupp christened its new liquefied natural gas (LNG) driven fast ferry Megastar at the Finnish shipyard Meyer Turku on July 1. The process of completing the ship is now almost half way done after 18 months of design and production works, according to the CEO of AS T
Hapag-Lloyd, UASC Agree on Merger Terms German shipping major Hapag-Lloyd and United Arab Shipping Company (UASC) have reached an agreement on the terms and conditions of a Business Combination Agreement (BCA)… Read More DSME’s Former CEO Taken into Custody Daewoo Shipbuilding & Marine Engineering’s
Silver Muse, a new cruise ship being built by Italian shipbuilder Fincantieri for Monaco-based cruise company Silversea Cruises, was launched on July 1 at Fincantieri’s Genoa Sestri Ponente yard. Fincantieri introduced the launching by holding a coin ceremony that consisted of welding a silver comme
The European Commission has opened an in-depth probe to verify whether direct grants of EUR 44 million (USD 48.8 million) from Italy to the Port Authority of Naples were in line with EU state aid rules. The grants were used to renovate the dry-docks rented out by the Port Authority of Naples to Cant
Miami-headquartered cruise line Regent Seven Seas Cruises, a brand of Norwegian Cruise Line Holdings, has taken delivery of a new cruise ship Seven Seas Explorer from the Italian shipbuilder Fincantieri. The 55,200 gross ton vessel was constructed at Fincantieri’s shipyard in Sestri Ponente, Genoa.
Demolition of containerships almost tripled in the first five months of 2016 in comparison to the same period of 2015 as the shipowners attempt to counter the fundamental imbalance between supply and demand under poor container shipping market conditions, according to BIMCO. A total of 150,863 TEUs
Croatian shipping company Atlantska Plovidba d.d. has reached an agreement with the Chinese shipbuilder CSC Qingshan Shipyard to terminate a contract for the construction of two Ultramax vessels. Atlantska Plovidba did not disclose the reasons behind the cancellation. The 63,800 dwt bulk carriers we
Swedish tanker owner Terntank took delivery on June 28 of M/T Ternsund – the first in a series of four 15,000 dwt chemical tankers with dual-fuel two-stroke engine being built by China-based Avic Dingheng Shipbuilding. The dual-fuel product tanker left the shipyard on June 28 and is en route to Sing
Chemical shipping company Navig8 Chemical Tankers Inc. has taken delivery of its first stainless steel chemical tanker, the Navig8 Sirius, from Japanese shipbuilder Kitanihon Shipbuilding Co. Ltd. Featuring 25,000 dwt, the Navig8 Sirius is the first of six vessels contracted at Kitanihon to be deliv
Interview: New Panama Canal to Shift Trade Patterns As the inauguration of the Expanded Panama Canal approaches, World Maritime News spoke to Panama Canal Authority’s (ACP) Argelis Moreno De Ducreux on the expected impact of the new canal on the shipping industry… Read More Bulker Grounds in Mauriti
Finnish shipbuilding company Rauma Marine Constructions (RMC) has been awarded a contract to build a 158-meter long passenger-car vessel for the Danish ferry operator Mols-Linien, which marks the first shipbuilding order for this shipyard since its establishment in 2014. The order’s market value is
