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Shipbuilding

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Business & FinanceNews
Top Interviews of 2015
Shipbuilding

Top Interviews of 2015

The end of December and coming holidays are traditionally the time when we look back at the highlights of the ending year. World Maritime News is kicking off the 2015 retrospective with its Top 5 series, the first of which is the list of our 5 most read interviews of the year. Interview: Insufficien

about 11 years ago
Wärtsilä to Power Shell’s 15 LNG Barges
Shipbuilding

Wärtsilä to Power Shell’s 15 LNG Barges

Finnish engine maker Wärtsilä has signed a contract to provide dual-fuel main engines for a series of 15 inland waterway barges, which will be chartered by Shell Trading Rotterdam (Shell). Under the contract, concluded in December, the barges, being built for Belgium based Plouvier Transport, will f

about 11 years ago
Readers’ Picks of the Week (Dec 21st – 25th, 2015)
Shipbuilding

Readers’ Picks of the Week (Dec 21st – 25th, 2015)

Still No Sign of MV Thorco Cloud’s Missing Crew The six crew members of the Antigua and Barbuda-flagged freighter Thorco Cloud that went missing after their ship sank in the Singapore Strait in the evening hours of Dece… Read More Dutch Shippers: Container Shipping Alliances Threat to Competition Du

about 11 years ago
Navigator Nabs USD 290 Million Loan to Finance Six Newbuilds
Shipbuilding

Navigator Nabs USD 290 Million Loan to Finance Six Newbuilds

Owner and operator of handysize liquefied gas carriers Navigator Holdings Ltd. entered into a loan agreement with a group of lenders securing USD 290 million to finance purchase of six newbuild gas carriers. The seven-year term loan will be used to finance the purchase of four 35,000 cubic meter eth

about 11 years ago
Ferus Smit Delivers World’s 1st LNG-Powered Cement Tanker
Shipbuilding

Ferus Smit Delivers World’s 1st LNG-Powered Cement Tanker

The Netherlands-based shipbuilding company Ferus Smit delivered its first liquefied natural gas (LNG) powered cement tanker MV Greenland to JT Cement on December 23. Prior to the delivery, the vessel underwent an extensive program of trials and tests to examine all the components, so as to make sure

about 11 years ago
Angelicoussis Group, N-KOM Extend Cooperation
Shipbuilding

Angelicoussis Group, N-KOM Extend Cooperation

Greece’s Angelicoussis Group of Companies has penned a deal with Qatar’s shipyard Nakilat-Keppel Offshore & Marine (N-KOM) on continuation of ship repair activities for the company’s fleet of over 110 vessels. Under the deal, N-KOM will continue to be the preferred shipyard to conduct repairs on the

about 11 years ago
Paradise Gas Carriers Adds Gas Carrier Duo to Its Newbuild Tally
Shipbuilding

Paradise Gas Carriers Adds Gas Carrier Duo to Its Newbuild Tally

Greek gas carrier owner Paradise Gas Carriers has ordered two fully-pressurized gas carriers featuring 7,500 cbm in capacity. The order has been placed with Japanese shipbuilder Kyokuyo Shipyard, according to the company’s Chief Executive Constantine Tsakiris. The gas carriers are scheduled to be de

about 11 years ago
Sovcomflot Nets USD 340m to Finance Arctic Shuttle Tankers
Shipbuilding

Sovcomflot Nets USD 340m to Finance Arctic Shuttle Tankers

Russia’s Sovcomflot Group and Sberbank CIB have signed a 14-year USD 340 million credit facility agreement to finance the construction of three Arctic shuttle tankers for the Novy Port project, operated by Gazprom Neft. Novy Port is one of the largest oil and gas condensate deposits on the Yamal pen

about 11 years ago
Cochin and GTT Make It Official
Shipbuilding

Cochin and GTT Make It Official

Indian Cochin shipyard and French containment systems specialist Gaztransport & Technigaz (GTT) have signed an agreement that will enable the yard to construct India’s liquefied natural gas (LNG) carriers. In a deal signed on Monday, Cochin received a license by GTT for the construction of LNG carri

about 11 years ago
Scandlines: Delivery of M/V Berlin Postponed
Shipbuilding

Scandlines: Delivery of M/V Berlin Postponed

The departure of the new Scandlines ferry M/V Berlin, which will be inserted on the ferry route between Rostock, Germany and Gedser, Denmark, from Danish yard Fayard has been delayed. According to Scandlines, works on the completion of the ferry are underway, however, the delay is partly due to a da

about 11 years ago
Ocean Yield Swaps PCTC Assets with Höegh
Shipbuilding

Ocean Yield Swaps PCTC Assets with Höegh

Oslo-listed Ocean Yield ASA has agreed to certain amendments to the charter agreements with Höegh Autoliners (Höegh) for four PCTC vessels on long term charter. Ocean Yield currently has two newbuilding PCTC vessels of 8,500 CEU capacity under construction at Xiamen Shipbuilding Industry Co. Ltd. Th

about 11 years ago
BIMCO: China’s Scrapping of Younger Ships May Increase Newbuilds
Shipbuilding

BIMCO: China’s Scrapping of Younger Ships May Increase Newbuilds

International dry bulk shipowners seem only to scrap ships aged eighteen years or older, while some Chinese owners have scrapped ships that were even younger than that, according to the Baltic and International Maritime Council (BIMCO). Nineteen ships out of 28 ships built in 1998 to 1999 and demoli

about 11 years ago
Readers’ Picks of the Week (Dec 14th – Dec 18th)
Shipbuilding

Readers’ Picks of the Week (Dec 14th – Dec 18th)

Dolphin Resorts to Bankruptcy Norwegian Dolphin Group ASA together with its subsidiary Dolphin Geophysical AS will today file a petition for bankruptcy with their relevant courts having succumbed to d… Read More Six Missing After Collision in Singapore Strait Six crew members are missing after a Cay

about 11 years ago
Shell Inks Deal for 15 LNG Barges
Shipbuilding

Shell Inks Deal for 15 LNG Barges

Shell Trading Rotterdam BV (Shell) has signed a charter agreement with Plouvier Transport and Intertrans Tankschiffahrt for fifteen new dual-fuel barges, running mainly on Liquefied Natural Gas (LNG). The new barges are being built by the Dutch shipyard VEKA Shipbuilding BV and will be used for expa

about 11 years ago
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