Shipbuilding
TNG Snares One More Newbuilding Resale
Croatian tanker owner and operator Tankerska Next Generation (TNG) has snapped up another 50,000 dwt newbuilding resale currently under construction at South Korea’s SPP Shipbuilding. TNG has used proceeds from the recently completed capital increase to finance this transaction. The new tanker, acqu
TNG Snares One More Newbuilding Resale
Croatian tanker owner and operator Tankerska Next Generation (TNG) has snapped up another 50,000 dwt newbuilding resale currently under construction at South Korea’s SPP Shipbuilding. TNG has used proceeds from the recently completed capital increase to finance this transaction. The new tanker, acqu
Fincantieri Goes with AEG Power Solutions for Seabourn Encore
Italian shipbuilder Fincantieri has selected the Netherlands-based AEG Power Solutions as a provider of power systems solutions for Seabourn Encore, an ultra-luxury cruise ship being built for Seabourn Cruise Line, a brand of Carnival Corporation. A combination of AC (Protect 8 and Protect 4) UPS an
Fincantieri Goes with AEG Power Solutions for Seabourn Encore
Italian shipbuilder Fincantieri has selected the Netherlands-based AEG Power Solutions as a provider of power systems solutions for Seabourn Encore, an ultra-luxury cruise ship being built for Seabourn Cruise Line, a brand of Carnival Corporation. A combination of AC (Protect 8 and Protect 4) UPS an
US Navy Ship Catches Fire in Croatian Shipyard
A fire broke out on board USS Mount Whitney (LCC 20) while the ship was in Viktor Lenac Shipyard, Rijeka, Croatia. There were no personnel injuries in the fire which broke out on July 31, and was extinguished within 45 minutes by ship’s force and shipyard fire brigade personnel. The cause of fire an
US Navy Ship Catches Fire in Croatian Shipyard
A fire broke out on board USS Mount Whitney (LCC 20) while the ship was in Viktor Lenac Shipyard, Rijeka, Croatia. There were no personnel injuries in the fire which broke out on July 31, and was extinguished within 45 minutes by ship’s force and shipyard fire brigade personnel. The cause of fire an
Readers’ Picks of the Week (27-31 of July)
Egypt Says New Suez Canal Ready for Business New Suez Canal is completed and ready to officially receive its first ships, according to Suez Canal Authority chairman Mohab Mameesh…. Read more Korean Big Three Hit Hard in Q2 South Korean shipbuilding giants Hyundai Heavy Industries (HHI), Daewoo Shipb
Readers’ Picks of the Week (27-31 of July)
Egypt Says New Suez Canal Ready for Business New Suez Canal is completed and ready to officially receive its first ships, according to Suez Canal Authority chairman Mohab Mameesh…. Read more Korean Big Three Hit Hard in Q2 South Korean shipbuilding giants Hyundai Heavy Industries (HHI), Daewoo Shipb
TEN Ends Best Second Quarter in Years with a Bang
Athens-based owner and operator of tankers and LNG carriers Tsakos Energy Navigation (TEN) has wrapped up its best second quarter in seven years with a flurry of activity, purchasing four new vessels and chartering out five, as well as selling one suezmax and one handymax tanker. TEN bought two suez
TEN Ends Best Second Quarter in Years with a Bang
Athens-based owner and operator of tankers and LNG carriers Tsakos Energy Navigation (TEN) has wrapped up its best second quarter in seven years with a flurry of activity, purchasing four new vessels and chartering out five, as well as selling one suezmax and one handymax tanker. TEN bought two suez
Ondimar Firms Order for Suezmax Quartet at Navantia
Spanish shipbuilder Navantia has inked a deal with its compatriot shipping company Ondimar Transportes Marítimos LDA, a subsidiary of the Ibaizabal group, to build four Suezmax tankers, including an option for two more. Spanish owner inked an agreement in principle with Navantia for the order in May
Ondimar Firms Order for Suezmax Quartet at Navantia
Spanish shipbuilder Navantia has inked a deal with its compatriot shipping company Ondimar Transportes Marítimos LDA, a subsidiary of the Ibaizabal group, to build four Suezmax tankers, including an option for two more. Spanish owner inked an agreement in principle with Navantia for the order in May
SHI Cuts Steel for SCF’s Third Arctic Shuttle Tanker
Korean shipyard Samsung Heavy Industries (SHI) held a steel cutting ceremony for the third ship ordered by Russian shipping company PAO Sovcomflot within the 42K Arctic Shuttle Tanker project. The project comprises of a series of six oil tankers intended for oil transportation from Novoportovskoye f
SHI Cuts Steel for SCF’s Third Arctic Shuttle Tanker
Korean shipyard Samsung Heavy Industries (SHI) held a steel cutting ceremony for the third ship ordered by Russian shipping company PAO Sovcomflot within the 42K Arctic Shuttle Tanker project. The project comprises of a series of six oil tankers intended for oil transportation from Novoportovskoye f