Shipbuilding
Volgotrans Orders Two Chemical Tankers from Krasnoye
Russian shipyard Krasnoye Sormovo has received an order for construction of two chemical tankers from its compatriot shipping company Volgotrans LLC, owner of the ships, and Goznak Leasing CJSC, acting as lessor of the ships. The RST27 project tankers, scheduled for delivery in 2017, are self-propel
Fincantieri Returns to ABB
Italian shipbuilder Fincantieri has turned again to the Swiss-based power and automation technology group ABB to provide complete electrical power plants and Azipod® XO fuel-saving electric propulsion systems for two cruise ships currently under construction for the Miami-based Carnival Corporation.
Scorpio in Talks to Finance Its 6oth Bulker
Scorpio Bulkers Inc. has received a proposal from an unnamed European financial institution to finance a portion of the cost of the company’s remaining unfinanced dry bulk vessel. The company has so far either signed credit facility agreements or received commitments for 59 of the 60 vessels in its
Readers’ Picks of the Week (Oct 26th – Oct 30th)
Study: New LNG-Fuelled Concept Boxship Doesn’t Need an Engine Room GTT CMA CGM and its subsidiary CMA Ships and DNV GL released a technical and feasibility study for a new mega box ship today the Piston Engine Room Free Efficient Contai… Read More 124 Injured When Turbojet Ferry Hits Unknown Object
Moore Stephens: Ship Operating Costs Going Up
Vessel operating costs are expected to rise in both 2015 and 2016, according to the latest survey by international accountant and shipping consultant Moore Stephens. Crew wages, repairs and maintenance, and drydocking are the cost categories likely to increase most significantly over that period. Th
Moore Stephens: Ship Operating Costs Going Up
Vessel operating costs are expected to rise in both 2015 and 2016, according to the latest survey by international accountant and shipping consultant Moore Stephens. Crew wages, repairs and maintenance, and drydocking are the cost categories likely to increase most significantly over that period. Th
Gallery: Seven Seas Explorer Hits the Water
Seven Seas Explorer, an ultra-luxury cruise ship being built by Italian shipbuilder Fincantieri for Regent Seven Seas Cruises, has been launched today at the yard’s Sestri Ponente facility. The ship will now undergo the fitting-out stage before it is delivered to its owner in the summer of 2016. The
Gallery: Seven Seas Explorer Hits the Water
Seven Seas Explorer, an ultra-luxury cruise ship being built by Italian shipbuilder Fincantieri for Regent Seven Seas Cruises, has been launched today at the yard’s Sestri Ponente facility. The ship will now undergo the fitting-out stage before it is delivered to its owner in the summer of 2016. The
Royal Caribbean International Lays Keel for Oasis No. 4
The keel for Royal Caribbean International’s fourth Oasis class ship was officially laid at the STX shipyard in St. Nazaire, France, on October 29. The keel laying marks a milestone in the development of the ship, signifying the beginning of its physical construction. During the ceremony, a 1,000-to
Royal Caribbean International Lays Keel for Oasis No. 4
The keel for Royal Caribbean International’s fourth Oasis class ship was officially laid at the STX shipyard in St. Nazaire, France, on October 29. The keel laying marks a milestone in the development of the ship, signifying the beginning of its physical construction. During the ceremony, a 1,000-to
Caribbean FLNG on Track for Delivery in Q1, 2016
The construction of the floating liquefaction unit Caribbean FLNG, the world’s first floating LNG production unit, at Wison Heavy Industry in Nantong, China is on track and the vessel is expected to be delivered in the first quarter of 2016, according to Exmar N.V., a Belgian shipping firm specializ
Caribbean FLNG on Track for Delivery in Q1, 2016
The construction of the floating liquefaction unit Caribbean FLNG, the world’s first floating LNG production unit, at Wison Heavy Industry in Nantong, China is on track and the vessel is expected to be delivered in the first quarter of 2016, according to Exmar N.V., a Belgian shipping firm specializ
Maersk Line Still Undecided about 14000TEU Boxship Option
Danish container shipping giant Maersk Line has not decided yet whether it would order additional eight 14,000 TEU containerships at Hyundai Heavy Industries (HHI), Maersk Line Spokesperson told World Maritime News responding to media reports on the exercise of the option. Namely, Maersk Line signed
Maersk Line Still Undecided about 14000TEU Boxship Option
Danish container shipping giant Maersk Line has not decided yet whether it would order additional eight 14,000 TEU containerships at Hyundai Heavy Industries (HHI), Maersk Line Spokesperson told World Maritime News responding to media reports on the exercise of the option. Namely, Maersk Line signed