Shipbuilding
Readers’ Picks of the Week (Jun 29 – Jul 3)
Samsung Heavy Lands USD 4.7 Billion FLNG Order from Shell South Korea’s Samsung Heavy Industries (SHI) has won a KRW 5.3 trillion (USD 4.7 billion) contract to build three floating liquefied natural gas (FLNG) facilities in Europe… Read more Cruise Ship Collides with Tanker off Gallipoli A Celestyal
Readers’ Picks of the Week (Jun 29 – Jul 3)
Samsung Heavy Lands USD 4.7 Billion FLNG Order from Shell South Korea’s Samsung Heavy Industries (SHI) has won a KRW 5.3 trillion (USD 4.7 billion) contract to build three floating liquefied natural gas (FLNG) facilities in Europe… Read more Cruise Ship Collides with Tanker off Gallipoli A Celestyal
Grimaldi Orders Three More PCTCs in China
Italian shipowner Grimaldi Group has signed an USD 165 million agreement for the construction of three Pure Car Truck Carriers (PCTCs) with the Chinese shipyard Yinling, following the last month’s USD 300 million order of five PCTCs at the Yangfan shipyard, local media reports. The contract includes
Grimaldi Orders Three More PCTCs in China
Italian shipowner Grimaldi Group has signed an USD 165 million agreement for the construction of three Pure Car Truck Carriers (PCTCs) with the Chinese shipyard Yinling, following the last month’s USD 300 million order of five PCTCs at the Yangfan shipyard, local media reports. The contract includes
ICBC Leasing Pens USD 1.1bn Deal with Jaccar and Seatrade
ICBC Leasing, a unit of Industrial & Commercial Bank of China Ltd., has signed loan deals with Belgian reefer company Seatrade and French private holding company of Jacques de Chateauvieux JACCAR Holdings worth a total of USD 1.1 billion. The loans are intended to be used for financing construction
ICBC Leasing Pens USD 1.1bn Deal with Jaccar and Seatrade
ICBC Leasing, a unit of Industrial & Commercial Bank of China Ltd., has signed loan deals with Belgian reefer company Seatrade and French private holding company of Jacques de Chateauvieux JACCAR Holdings worth a total of USD 1.1 billion. The loans are intended to be used for financing construction
Rolls-Royce Spearheads Study into Autonomous Ships
Rolls-Royce is to lead the new EUR 6.6 million Advanced Autonomous Waterborne Applications Initiative to produce the specification and preliminary designs for the next generation of advanced ship solutions, which could pave the way for autonomous ships. The project is funded by Tekes (Finnish Fundin
Rolls-Royce Spearheads Study into Autonomous Ships
Rolls-Royce is to lead the new EUR 6.6 million Advanced Autonomous Waterborne Applications Initiative to produce the specification and preliminary designs for the next generation of advanced ship solutions, which could pave the way for autonomous ships. The project is funded by Tekes (Finnish Fundin
2015 on Track to Break Record in Dry Bulk Scrapping?
The 2015 appears to be running on a path toward becoming another record year in the dry bulk demolition activity. The monthly average for the first six months in 2015 is 3.3m DWT. In 2014 the first half year averaged at 1.33m DWT per month, according to the stats presented by international shipping
2015 on Track to Break Record in Dry Bulk Scrapping?
The 2015 appears to be running on a path toward becoming another record year in the dry bulk demolition activity. The monthly average for the first six months in 2015 is 3.3m DWT. In 2014 the first half year averaged at 1.33m DWT per month, according to the stats presented by international shipping
Spotted: Nordana Star Makes a Splash
Today’s spotted brings you an image of general cargo ship Nordana Star being launched at Dutch shipbuilder Ferus Smit’s yard based in Leer, Germany. Nordana Star is the second vessel in a series of 6 that will be delivered to Symphony Shipping. As her name already reveals, the ship will be chartered
Spotted: Nordana Star Makes a Splash
Today’s spotted brings you an image of general cargo ship Nordana Star being launched at Dutch shipbuilder Ferus Smit’s yard based in Leer, Germany. Nordana Star is the second vessel in a series of 6 that will be delivered to Symphony Shipping. As her name already reveals, the ship will be chartered
Container Equipment Prices Fall to Record Lows
Low material costs and stable demand has driven the price of new container equipment down to record lows where it is forecast to stay, according to the latest edition of Drewry’s Container Census report. The container equipment index price hit a 10-year low in June 2015, falling below USD 1,750 per
Container Equipment Prices Fall to Record Lows
Low material costs and stable demand has driven the price of new container equipment down to record lows where it is forecast to stay, according to the latest edition of Drewry’s Container Census report. The container equipment index price hit a 10-year low in June 2015, falling below USD 1,750 per