The third Quantum class cruise ship, Ovation of the Seas, was floated out of the Meyer Werft’s covered building dock yesterday. Built for the US cruise operator Royal Caribbean Cruises, the 168,666-gross ton vessel was constructed in 18 months, and is expected to join the owner’s fleet in spring thi
The dismantling project of the ill-fated Concordia wreck and the related recycling operations are quickly progressing, according to the Ship Recycling Consortium, which expects the ship’s deck 0 to re-emerge soon. About 200 technicians are now working on the wreck and cutting decks – from 5 to 3 – w
Norwegian ship-owner Ocean Yield ASA has taken delivery of the LR2 product tanker Navig8 Symphony from South Korean shipbuilder Sungdong Shipyard. After being delivered from the shipyard today, the vessel commenced a 13 years “hell and high water” bareboat charter to Navig8 Product Tankers Inc. This
Norwegian dry bulk owner and operator Belships has decided to replace the vessel currently employed on a time charter contract with a Canadian potash exporter Canpotex. Namely, the company’s 2011-built 58,018 dwt Supramax bulker M/S Belocean will be substituted by the newbuilding 61,000 dwt Ultramax
Image Courtesy: Meyer Werft Ovation of the Seas, the third ship of the Quantum class ordered by US cruise operator Royal Caribbean Cruises Ltd, is scheduled for float-out on February 18, 2016. The 168,666-gross ton cruise ship, which has been constructed in 18 months, will depart Meyer Werft’s cover
Ferguson Marine Engineering Limited (FMEL) on the Clyde has started construction of two new 100-metre ferries for the Clyde and Hebrides network. The ferries, owned by Caledonian Maritime Assets Ltd (CMAL), are designed to carry 127 cars or 16 HGVs or a combination of both and up to 1,000 passengers
The tenth newbuilding of the Copenhagen-based shipping company Thorco Shipping hit the water on February 9 in Japan. The new vessel, named Thorco Lohas, was built and launched by the Japanese shipbuilding company Honda Heavy Industries. Thorco Lohas, the final general cargo vessel of the L-class bui
Oslo-listed dry bulk owner and operator Belships has entered into a sale and lease back agreement with a Japanese company for a 61,000 dwt Ultramax bulk carrier M/S Belisland. The eco-design bulker, currently under construction at Imabari Shipbuilding in Japan, is expected to be delivered in March 2
Dutch shipbuilder Ferus Smit delivered a 10,550 dwt multi-purpose cargo carrier MV Nordana Sea to its compatriot shipping company Symphony Shipping on February 11. MV Nordana Sea, the third unit in a series of six newbuilds of Ferus Smit’s DP2 Ecobox design, departed the shipyard on its maiden voyag
Greenpeace: Modern Express Carrying Controversial Cargo The troubled car carrier Modern Express is carrying a controversial cargo of timber apparently destined for the French market, global environmental group Greenpeace claims… Read More Gallery: ITF Releases Images of ‘Shocking’ Safety Breaches on
Chemical shipping freight rates for both contracts of affreightment and spot cargoes will be under pressure throughout 2016, as there are some new operators looking to break into the long-haul trade routes, according to Drewry’s Chemical Forecaster. The prediction comes on the back of low bunker pri
Danish shipping and energy conglomerate Maersk Group wants to help ship recycling yards in Alang, India to upgrade facilities and practices to comply with the company’s standards as the group eyes cost reductions for its ship recycling. Maersk said that with more vessels to recycle in the future the
Greece-based dry bulk shipowner Safe Bulkers has sold two Panamx vessels to entities controlled by Polys Hajioannou, the company’s Chairman and Chief Executive Officer. The vessels in question are the Stalo, an 87,000 dwt Post-Panamax vessel built in 2006, and the Kypros Unity, a 78,000 dwt Panamax
Bergen-based shipping and tank terminal company Odfjell has reported a drop in 2015 net loss to USD 36 million, including negative effect from bunker derivatives of USD 64 million, compared with a net loss of USD 75 million in 2014. Net loss of the quarter stayed at USD 18 million, the same as in th
