Drewry: Big Ship Obsession Could Be Diminishing The drop in newbuild containership orders could be continued as container shipping companies seem to be running out of profitable trades to deploy their big ships, in… Read More Port Automation: Smart, Smarter, Smartest! The global container handing eq
Navig8 Chemical Tankers has signed sale and leaseback agreements with Bank of Communications Financial Leasing (BCFL) for four IMO2 49,000 DWT Interline coated medium range tankers being built at STX Offshore & Shipbuilding. The four vessels from South Korean shipbuilding company have contractual de
Eight new 13,500 TEU container vessels being built for China Shipping Container Lines (CSCL) at Chinese Hudong-Zhonghua shipyard are to be powered by 32 Wärtsilä Auxpac 32-generating sets. The order was placed in March 2016 with Wärtsilä’s joint venture company, CSSC Wärtsilä Engine Co (CWEC). Wärts
Swedish tanker owner Terntank Rederi A/S held a naming ceremony for the first two of its four newbuilds on March 26 at AVIC Dingheng Shipbuilding in China. The two vessels, M/T Ternsund and M/T Ternfjord, are dual-fuelled 15,000 dwt product tankers, running on both LNG and diesel. The company says t
Geneva-based cruise line MSC Cruises has signed a letter of intent for four more World Class cruise ships to be built at STX France’s shipyard in Saint Nazaire, the cruise company confirmed. Featuring a weight of 200,000 gross tons, the ships will be fueled by liquefied natural gas (LNG) and have th
Italy’s shipbuilder Fincantieri launched the construction of the fourth of six cruise ships for Viking Ocean Cruises at its Ancona shipyard with a keel laying ceremony held today. The new cruise vessel, named Viking Sun, is scheduled for delivery in 2017. The first building block of the ship, about
The interest of the shipbuilding players and owners in building and ordering bulkers in 2016 has subsided as shipyards believe they can earn more from constructing other types of ships as they are more profitable, such as tankers for example. On the other hand, the best time to invest in modern bulk
MacGregor, part of Cargotec, a Finnish provider of cargo-handling machinery for ships, has secured contracts to supply loose lashing equipment for twelve 19,200 TEU container vessels under construction in South Korea for an undisclosed European owner. The equipment is planned for delivery during 201
German shipbuilder MEYER WERFT hosted on Tuesday the keel laying ceremony for Norwegian Cruise Line’s (NCL) first ever ship styled exclusively for Chinese guests, the Norwegian Joy (Xǐ Yuè Hào), arriving in summer 2017. During the ceremony, the first of 80 blocks that will comprise the 168,800 gross
Italian shipbuilder Fincantieri held a keel laying ceremony of the new unit for Miami-based Carnival Cruise Line, brand of Carnival Corporation, at its Marghera shipyard today. According to the shipbuilder, the new vessel is scheduled to hit the water in 2018. Featuring a weight of 133,500 gross ton
Danish naval architect company KNUD E. HANSEN has revealed three new container feeder vessel designs it has been working on over the recent period. The first in the series of three designs relates to a 2,000 TEU vessel that was conceived of to specialise in calling at small, narrow, up-river ports,
Shipping’s only legally binding climate measure is not stimulating the uptake of new technologies or driving efficiency improvements, according to a new independent study entitled Historical Trends in Ship Design Efficiency made for Clean Shipping Coalition (CSC) by CE Delft, a research and consulta
China’s Cosco Guangdong Shipyard has delivered the new livestock carrier Greyman Express to the Dutch shipping company Vroon. Greyman Express, which was named at the shipyard on March 18, is the sixth and penultimate vessel in Vroon’s newbuilding programme. The livestock carrier was launched at the
NYSE-listed dry bulk owner and operator Scorpio Bulkers has reached an agreement to decrease its newbuilding orders by cancelling a shipbuilding contract for a Kamsarmax bulk carrier. The company said that it has been released of any and all obligations and rights arising out of the shipbuilding con
