One third of shipbreaking yards in Bangladesh never closed down during the lockdown imposed to curb the spread of the coronavirus pandemic, NGO Shipbreaking Platform said in its latest report on shipbreaking practices in South Asia. As explained, this has led to workers being exposed to the risk of
Greek shipping major TEN has entered into a contract for the construction of up to three Suezmax DP2 shuttle tankers on long-term employment with an unnamed European charterer. TEN said that vessels would be built at a yard in South Korea and that the time charter equivalent minimum revenues to be g
The French outfit GTT has secured an order to design and build tanks for a trio of liquefied natural gas (LNG) carriers.
Maersk, owner and operator of the world’s largest container shipping fleet, has sold a 9, 640 TEU containership Sine Maersk for demolition in Turkey. The 22-year-old containership has a market value of $ 11.69 million, according to the data from VesselsValue. “We hereby confirm that Sine Maersk has
China’s Hudong-Zhonghua Shipbuilding is to deliver another LNG carrier that will serve the Novatek-operated Yamal project in the Arctic. Hudong said in a statement the 174,000-cbm LNG Phecda left the Shanghai yard for gas trials on July 3. The Chinese yard noted it faced many difficulties during the
On 7 July, Vietnam-based Damen Song Cam Shipyard, together with joint venture partner Song Cam Shipyard, hosted a keel-laying ceremony for the fully electric tug that Damen is building for the Ports of Auckland, New Zealand.
Russian Zvezda shipyard has started building another liquefied natural gas-powered Aframax tanker for compatriot Rosneft. The yard held a keel laying ceremony for the LNG-powered vessel on Monday, according to a statement by Russian state-owned energy company Rosneft. The vessel will be named after
Japanese shipping major Kawasaki Kisen Kaisha (K Line) aims to improve its CO2 emissions efficiency by 50 percent by 2030 compared to 2008 levels, the company revealed announcing revision of its environmental vision for 2050. Achieving the target will allow the company to surpass the IMO target of a
Honolulu-based container carrier Matson christened the second of two Kanaloa Class vessels in a ceremony held at the NASSCO shipyard in San Diego, CA on Thursday, July 2, 2020. The new Matsonia is the second of two new ships built for Matson by NASSCO at a total cost of approximately $500 million fo
Carnival Cruise Line, part of Carnival Corp., said that delivery of Mardi Gras, North America’s first LNG-powered cruise ship, will be postponed again as a result of challenges posed by the coronavirus pandemic.
Damen Shipyards Group has delivered five zero-emission ferries to Arriva Denmark in Copenhagen, which is operating the vessels on behalf of Danish public transport agency Movia.
Flex LNG, the shipping company controlled by billionaire John Fredriksen, has secured new charter deals as it prepares to take the delivery of another newbuild vessel. South Korea’s Daewoo Shipbuilding & Marine Engineering will deliver the 173,400-cbm Flex Artemis in August. Following delivery, the
Management of the Norwegian shipbuilder Kleven Verft AS, and its two subsidiaries Kleven Maritime Contracting AS and Kleven Maritime Technology AS, filed for bankruptcy last Friday. The initiation of bankruptcy proceedings comes after local banks decided to terminate a loan agreement, it has been co
China Merchants Jinling Shipyard has launched the first LNG-ready chemical tanker for German shipowner GEFO. The Chinese yard previously known as AVIC Dingheng Shipbuilding launched the 7,000 dwt stainless steel tanker Norma on July 2. GEFO ordered two FKAB Marine-designed LNG-ready vessels in 2018.
