Nasdaq-listed tanker owner TOP Ships has acquired three Medium Range (MR) tankers that are being built at the Hyundai Mipo shipyard in South Korea. The ships were bought in an $18 million acquisition from a company affiliated with the company’s Chief Executive Officer Evangelos J. Pistiolis. The ult
The Finnish technology group Wärtsilä has recently managed and completed the delivery of regasification modules for China’s first newbuild LNG FSRU.
The development of the world’s first autonomous and electric container vessel Yara Birkeland has been paused due to the COVID-19 pandemic and the changed global outlook, Norwegian company Yara informed. The hull of the Yara Birkeland vessel was launched to sea at Vard Braila in Romania in February 2
United Wind Logistics (UWL) has taken delivery of the deck carrier, MV BoldWind, which will shortly start her long-term charter with MHI Vestas Offshore Wind. The MV BoldWind will now start her maiden voyage from Jiangsu Zhenjiang Shipyard’s yard in Zhenjiang, China, to Europe. On the maiden voyage,
On 27 April, Damen Yichang Shipyard in China hosted a digital steel cutting ceremony for a roll-on/roll-off passenger (RoPax) ferry ordered by the Government of Timor-Leste.
Despite the exceptional circumstances due to the coronavirus pandemic, the construction of the Aurora Botnia, Wasaline’s new car and passenger ferry, is progressing according to schedule, the company said in a recent update. The ship is being built by Finnish shipbuilder Rauma Marine Construction
South Korea has started building a small liquefied natural gas bunkering vessel as part of a project backed by the Ministry of Oceans and Fisheries. A steel-cutting ceremony to mark the construction of the 500 cubic meter capacity LNG bunkering barge for coastal use was held on May 6, the ministry s
By Tom Scott The subject of sustainability in the Dutch maritime sector can be summed in part by looking at the outcome of the IMO meeting in London in April last year. This resulted in the IMO announcing the goal to reduce greenhouse gases by at least 50 per cent by 2050 (compared to 2008 […
Greece-based LNG shipping company GasLog is set to take delivery of another liquefied natural gas newbuild from South Korea’s Samsung Heavy Industries. The 180,000 cubic meter GasLog Wales will join GasLog’s fleet on May 11, 2020, the LNG shipper said on Thursday. Once delivered, the vessel will sta
Arab Shipbuilding and Repair Yard Company (ASRY) has completed a scrubber retrofit project in a record 29 days, the shipyard said. Shipowners have been investing heavily in the installation of scrubbers on their ships as a way of meeting the IMO 2020 sulphur cap that entered into force on January 1,
As the envisaged transformation of the European waterborne transport would require significant investments, SEA Europe has proposed the creation of a dedicated EU Maritime Fund as an alternative to extending the EU Emission Trading Scheme (ETS) to shipping.
Hyundai Heavy Industries (HHI), the biggest shipbuilder in South Korea, has secured an order for two crude oil carriers.
French container shipping major CMA CGM has taken delivery of CMA CGM Sinnamary, a Sub-Panamax newbuild vessel.
China Development Bank Financial Leasing (CDB) has signed contracts with three compatriot shipbuilders for the purchase of eight 210,000-ton bulkers. As disclosed in a stock exchange filing, two ships from the batch would be built by Qingdao Beihai Shipbuilding Heavy Industry, while Yangzhou COSCO S
