Danish shipping company TORM has signed a purchase agreement for four fuel-efficient LR2 newbuildings with Chinese shipbuilder Guangzhou Shipyard International (GSI) The newbuildings are expected to be delivered in the period between the fourth quarter of 2017 and the second quarter of 2018. The agr
The first part of the new cruise ship Genting Dream, being built for Genting Hong Kong’s new cruise brand Dream Cruises, has been floated out of Meyer Werft’s building dock at Papenburg, Germany, on Saturday. The first of the vessel’s two section was moored for fitting and will be joined with the se
MV Suilven Sinks off Suva, Crew Members Saved At least 30 crew members were saved after a 1974-built vehicle ferry MV Suilven sank off the coast of Suva Fiji this afternoon according to local media… Read More CMA CGM’s APL Buy Would Set a Record in Container Shipping The proposed acquisition of Sing
Copenhagen-based shipping company Thorco Shipping has acquired five tweendeckers to replace some of the older tonnage in its fleet. Thorco will later this year replace four green type vessels which have turned 15 and 16 years with the new vessels, the first ones being scheduled for delivery mid-Dece
Chinese shipbuilder Jiangsu Hantong Ship Heavy Industry Co. hosted a ship naming ceremony for a 64,000 DWT bulk carrier owned by German shipping company Conti. The yard said that the bulk carrier in question bears the hull number HT 64-157, but did not disclose the new name of the ship. The newbuild
Canadian ferry operator BC Ferries held a naming ceremony for its first Salish-Class vessel at Remontowa Shipbuilding S.A. in Gdansk, Poland earlier this week. The new ferry, christened Salish Orca, will replace the 50-year-old Queen of Burnaby on the Comox – Powell River route after it joins the BC
Croatian shipbuilder has started the preliminary construction work on Algoma Central Corporation’s (Algoma) three, 740 foot Seaway Max self-unloading bulk freighters, as the shipyard has been officially cleared to implement the project. “Under the terms of the conditional contracts announced by Algo
Finnish dry bulk shipping company ESL Shipping has revealed plans to order two large LNG-fuelled bulk carriers from Chinese shipbuilder Sinotrans & CSC Qingshan Shipyard. The two 25,600 DWT vessels are set to start operating in the Baltic Sea in early 2018. The total value of the investment is appro
Norwegian shipbuilder Havyard Ship Technology will name its newest icebreaker Aleut at Skoltekaien quay in Bergen on Saturday. Featuring a length of 86 meters and a width of 19,5 meters, Aleut is designed and built to operate under extreme arctic conditions. Havyard said that the icebreaker class sh
Swedish cargo transporter Gothia Tanker Alliance has ordered four newbuilding intermediate product/chemical tankers with LNG propulsion. Partners of the alliance, Furetank Rederi AB, Rederi AB Älvtank and Thun Tankers BV, have hired Avic Dingheng Shipbuilding Ltd. for the construction of the 16,300
France-based LNG containment manufacturer GTT and compatriot shipyard Chantiers de l’Atlantique have decided to put an end to their dispute. Namely, the two companies have agreed to dismiss all lawsuits opposing the two sides since 2006. The settlement agreement, signed on November 25, includes Chan
German marine fuel supply company Bomin Linde LNG has entered a joint venture agreement with SGD logistika, a subsidiary of Lithuanian Klaipėdos Nafta, to operate a new LNG bunkering carrier. Following the agreement, SGD logistika and Bomin Linde LNG plan to establish a joint venture in Germany. Bom
Norway-based dry bulk shipping company Golden Ocean Group Limited has agreed to sell two of its newbuilding contracts at Chinese shipyard New Times Shipbuilding Co. Ltd to Frontline Ltd. Under the initial contract the two 157,500 dwt ships were supposed to be Capesize bulkers, but Golden Ocean decid
Swedish tanker shipping company Stena Bulk has placed an order for three 50,000 dwt IMOIIMAX MR tankers with the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME) in Guangzhou. The company said that it has also taken out an option on a further two vessels. The total value of the order i
