Shipbuilding
d’Amico Adds Two Eco-Ships to Its Fleet
d’Amico International Shipping S.A. has launched two eco-ships today at the shipyards of Hyundai Vinashin Shipyard Co. Ltd in Vietnam, bringing the fleet to over 50 units. The vessels Cielo di Ulsan, a handysize Ice Class of 39,000 tons and High Trader, a medium range 50,000-ton product tanker boast
d’Amico Adds Two Eco-Ships to Its Fleet
d’Amico International Shipping S.A. has launched two eco-ships today at the shipyards of Hyundai Vinashin Shipyard Co. Ltd in Vietnam, bringing the fleet to over 50 units. The vessels Cielo di Ulsan, a handysize Ice Class of 39,000 tons and High Trader, a medium range 50,000-ton product tanker boast
Weakness in Dry Bulk Shipping May Bring More Woes
The ship supply surplus built up in 2010-2012 and slowdown in Chinese raw materials imports, especially coal, continue to drive overall weakness in the dry bulk shipping market, according to Hong Kong-based dry bulk shipping company Pacific Basin. “This weakness will continue to affect shipping busi
Weakness in Dry Bulk Shipping May Bring More Woes
The ship supply surplus built up in 2010-2012 and slowdown in Chinese raw materials imports, especially coal, continue to drive overall weakness in the dry bulk shipping market, according to Hong Kong-based dry bulk shipping company Pacific Basin. “This weakness will continue to affect shipping busi
Cruise Orderbook Hits Record Level
Cruise lines seem to have abandoned their cautious approach to ordering new ships this summer as the cruise orderbook has achieved record level, with the sector hoping to take advantage of the mobility of its assets to tap the enormous potential in emerging markets, according London-based industry a
Cruise Orderbook Hits Record Level
Cruise lines seem to have abandoned their cautious approach to ordering new ships this summer as the cruise orderbook has achieved record level, with the sector hoping to take advantage of the mobility of its assets to tap the enormous potential in emerging markets, according London-based industry a
Rolls-Royce Slashes 400 More Jobs in Marine Division
Rolls-Royce plans to lay off further 400 workers from its Marine business by the end of 2016, in addition to the reduction of 600 employees previously announced in May, again stating ”the impact of the low price of oil and subsequent fall in orders” as the main reasons behind the job cuts. The compa
Rolls-Royce Slashes 400 More Jobs in Marine Division
Rolls-Royce plans to lay off further 400 workers from its Marine business by the end of 2016, in addition to the reduction of 600 employees previously announced in May, again stating ”the impact of the low price of oil and subsequent fall in orders” as the main reasons behind the job cuts. The compa
Incat Tasmania Wins Super Ferry Order from Mols-Linien
Incat Tasmania has secured a contract for the construction, delivery and long term charter of a large fast vehicle ferry for Mols-Linien A/S, the fourth vessel the Australian shipbuilder will construct for the Danish ferry operator. The Hobart shipyard will commence work on construction of the wave
Incat Tasmania Wins Super Ferry Order from Mols-Linien
Incat Tasmania has secured a contract for the construction, delivery and long term charter of a large fast vehicle ferry for Mols-Linien A/S, the fourth vessel the Australian shipbuilder will construct for the Danish ferry operator. The Hobart shipyard will commence work on construction of the wave
TMS Cardiff Gas Spices Things Up with Order for LPG Carrier Duo
Greece-based gas carrier operator TMS Cardiff Gas Ltd. has signed a contract with Hyundai Heavy Industries of Korea for the construction of two 78,700 cbm LPG carriers with the option to build another two. The vessels are scheduled for delivery in Q2 and Q3 2017, when they will enter into timecharte
TMS Cardiff Gas Spices Things Up with Order for LPG Carrier Duo
Greece-based gas carrier operator TMS Cardiff Gas Ltd. has signed a contract with Hyundai Heavy Industries of Korea for the construction of two 78,700 cbm LPG carriers with the option to build another two. The vessels are scheduled for delivery in Q2 and Q3 2017, when they will enter into timecharte
Maersk’s Mega Boxships to Feature Mitsubishi’s WHRS
Mitsubishi Heavy Industries’ arm Marine Machinery & Engine Co., Ltd. (MHI-MME) has received an order from Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) for waste heat recovery systems (WHRS) to be installed on Maersk Line’s eleven 19,600 TEU mega boxships. The WHRS on
Maersk’s Mega Boxships to Feature Mitsubishi’s WHRS
Mitsubishi Heavy Industries’ arm Marine Machinery & Engine Co., Ltd. (MHI-MME) has received an order from Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) for waste heat recovery systems (WHRS) to be installed on Maersk Line’s eleven 19,600 TEU mega boxships. The WHRS on