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Shipbuilding

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Business & FinanceNews
d’Amico Scraps Two Newbuilding Orders
Shipbuilding

d’Amico Scraps Two Newbuilding Orders

Dry bulk shipping company d’Amico Dry, a subsidiary of Italian d’Amico Group, has decided to cancel two more vessels which were on order with China’s Yangfan shipyard. “During 2015 the fifth and sixth newbuilding of a series of six vessels ordered at the shipyard were already switched in new orders

about 10 years ago
OTC Houston: Damen, GustoMSC Unveil DG JACK
Shipbuilding

OTC Houston: Damen, GustoMSC Unveil DG JACK

The Netherlands-based Damen Shipyards Group and its compatriot GustoMSC are joining forces in order to produce a range of self-propelled and non-self-propelled jack-up platforms for the offshore industries – the DG JACK range, the companies said at this year’s Offshore Technology Conference (OTC) in

about 10 years ago
Navantia Starts Building First Tanker for Ibaizabal
Shipbuilding

Navantia Starts Building First Tanker for Ibaizabal

Spanish state-owned shipbuilder Navantia started constructing the first of four Suezmax tankers for compatriot ship manager the Ibaizábal Group. The 156,000 ton ships will be built at Navantia’s yards in the Bay of Cadiz, while some parts are scheduled for construction at the company’s Ria de Ferrol

about 10 years ago
VIDEO: Symphony Sun Makes Its First Splash
Shipbuilding

VIDEO: Symphony Sun Makes Its First Splash

Dutch shipbuilder Ferus Smit launched Symphony Sun, the fourth of six multipurpose vessels being built for its compatriot shipping company Symphony Shipping BV, on April 29, in Leer, Germany. Symphony Sun features an Ecobox design and a large loading floor for project cargoes, including complete mov

about 10 years ago
Damen, EVC Join Forces on Expedition Cruise Ship Design
Shipbuilding

Damen, EVC Join Forces on Expedition Cruise Ship Design

Dutch shipbuilder Damen Shipyards Group has teamed up with the UK-based expedition consultancy Expedition Voyage Consultants (EVC) to develop a specialist small cruise ship with a capacity to carry around 100 passengers whose design will be unveiled in the fall this year. The move comes as a respons

about 10 years ago
Readers’ Picks of the Week (April 25th – 29th, 2016)
Shipbuilding

Readers’ Picks of the Week (April 25th – 29th, 2016)

Shell Scraps USD 4.6 Bn FLNG Order at Samsung Heavy South Korea’s shipbuilder Samsung Heavy Industries has received a contract termination for three floating liquefied natural gas (FLNG) units from oil and gas giant … Read More Drewry: Orphaned Carriers Will Have to Find New Partners The formation o

about 10 years ago
Spotted: Ulstein’s 1st X-STERN Afloat
Shipbuilding

Spotted: Ulstein’s 1st X-STERN Afloat

The first of two service operation vessels being built for the offshore wind industry was launched yesterday at Norway-based Ulstein Verft shipyard. The vessel features a newly developed X-STERN hull line design. Built for German-based ship manager Bernhard Schulte Offshore, the ship will be working

about 10 years ago
Carnival Vista Handed Over to Carnival Cruise Line
Shipbuilding

Carnival Vista Handed Over to Carnival Cruise Line

Miami-based Carnival Cruise Line took delivery of its newest and largest ship, the 133,500-ton Carnival Vista at a handover ceremony held at the Fincantieri’s Monfalcone shipyard in Italy on April 28. Capable of carrying 6,400 people, including the staff, the new cruise ship will reposition to Tries

about 10 years ago
Shell Scraps USD 4.6 Bn FLNG Order at Samsung Heavy
Shipbuilding

Shell Scraps USD 4.6 Bn FLNG Order at Samsung Heavy

South Korea’s shipbuilder Samsung Heavy Industries has received a contract termination for three floating liquefied natural gas (FLNG) units from oil and gas giant Shell, the shipbuilder said in a stock exchange filing. The deal for the three vessels, worth a total of KRW 5.3 trillion (USD 4.6 billi

about 10 years ago
Jan De Nul’s Offshore Installation Vessel Named
Shipbuilding

Jan De Nul’s Offshore Installation Vessel Named

The new offshore installation vessel of the Jan De Nul Group was christened today by Her Majesty the Queen of Belgium in the Port of Ostend, which is the base camp for Jan de Nul Group’s project team for the Bligh Bank Phase 2 project, better known as the Nobelwind project. The vessel was given [&he

about 10 years ago
79 Pct of Ships Sold for Scrap in Q1 Ended Up on South Asian Beaches
Shipbuilding

79 Pct of Ships Sold for Scrap in Q1 Ended Up on South Asian Beaches

Out of 239 end-of-life ships sold for breaking in the first quarter of 2016 a total of 79 per cent of ships ended up on South Asian beaches, according to the data collected and analysed by the NGO Shipbreaking Platform. The figure makes this quarter one of the worst ones in the last years for non-be

about 10 years ago
Genting Hong Kong Seals Nordic Yards Takeover
Shipbuilding

Genting Hong Kong Seals Nordic Yards Takeover

Genting Hong Kong has concluded the EUR 230.6 million (around USD 260 million) acquisition of Nordic Yards’ three shipyards in Wismar, Warnemunde and Stralsund, Germany, the company said. The takeover is aimed at enabling the company to build a cruise fleet for its three brands – Crystal Cruises, Dr

about 10 years ago
Cefor: Insurance Claims for Chinese Newbuilds Most Frequent
Shipbuilding

Cefor: Insurance Claims for Chinese Newbuilds Most Frequent

Vessels built in China have a higher claims frequency than those of other major shipbuilding nations, according to an analysis of tanker, bulk and container vessels built in Asia in the period 2007-2015 conducted by the Nordic Association of Marine Insurers (Cefor). In 2015, shipyards in South Korea

about 10 years ago
VIDEO: MV Berlin Reaches Rostock after 4 Years of Delay
Shipbuilding

VIDEO: MV Berlin Reaches Rostock after 4 Years of Delay

After four years of delay, a new hybrid ferry owned by the German-Danish ferry operator Scandlines reached its berth in Rostock yesterday. The M/V Berlin is to be deployed on the route Rostock-Gedser. Scandlines ordered the two vessels in March 2010 from P+S Werften in Stralsund, Germany and in 2012

about 10 years ago
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