Shipbuilding
Scorpio Bulkers Sells Seven Newbuildings
Owner and operator of bulk carriers Scorpio Bulkers Inc. has entered into agreements to sell seven newbuilding vessels for a total of approximately USD 290 million. The sale includes three Capesize newbuilding dry bulk vessels, a Kamsarmax newbuilding dry bulk vessel and three LR1 newbuilding produc
GasLog Charters Three Newbuilds to Methane Services
Monaco-based owner and operator of gas carriers GasLog Ltd. has agreed to charter three of its uncontracted 174,000 cbm LNG carriers that are currently under construction to Methane Services Ltd. (MSL), a subsidiary of BG Group. MSL will charter three newbuilds commencing mid-2018 and early 2019 for
ICS Refutes T&E Claims on Modern Ship CO2 Efficiency
The International Chamber of Shipping (ICS) has dismissed the recent claim by the European environmental lobby group Transport and Environment (T&E) that modern ships are less CO2 efficient than those built over 20 years ago as ‘fanciful’. The study finds that bulk carriers, tankers, and container s
Knud E. Hansen Designs Hybrid Ferry for Faroese Operator
Danish naval architects and designers at Knud E. Hansen have been chosen to design the third generation ferry for service between Nólsoy and Tórshavn in the Faroe Islands. The new ferry will replace the 40-meter RoPax ferry which is currently servicing the island of Nolsoy. The construction of the f
Royal Caribbean Negotiating Order at Turku
New York-listed cruise liner Royal Caribbean (RCCL) is reported to be in talks with Meyer Werft, the German owner of Meyer Turku Shipyard, over a contract on construction of cruise ships. Under the deal, if finalized, the construction of the ships would start in 2020 at the Finnish yard, the Helsing
STX France Cuts Steel for MSC Cruises First Vista Class Ship
French shipbuilder STX France has cut steel for the first Vista class ship of MSC Cruises, thus opening a new chapter in the company’s fleet history. The name of the new ship, MSC Meraviglia, was announced by the cruise liner at the steel-cutting ceremony held today in Saint-Nazaire. MSC Cruises sig
Hapag-Lloyd Orders Five 10,500 TEU Boxships for Expanded Panama Canal
German container line Hapag-Lloyd ordered five 10,500 TEU container ships from the South Korean shipyard Hyundai Samho Heavy Industries, to be deployed on South American routes once the expanded Panama Canal opens. The ships are to be built at the yard in Samho, on the south coast of Korea. The new
Interview: Gaining Competitive Edge by Optimizing Maintenance
In an ever more competitive maritime market, shipowners need to know how to make the best out of emerging technologies so as to cut costs and ensure efficiency. However, as technology makes strides toward digitalization, it becomes increasingly challenging to discern what data to use in order to pre
Readers’ Picks of the Week (13-17 of Apr)
Oleg Naydenov Sinks off Canary Islands A Russian trawler Oleg Naydenov sank some 15 miles off Punta Maspalomas, the Canary Islands, at around 22:45 local time Tuesday, Spain’s Salvamento Maritimo reports…. Read more Three Dockworkers Die in Antwerp Three dockworkers died on Saturday in Antwerp, Belg
Image of the Day: Cable Innovator Revamped
Global Marine Systems Limited’s cable laying vessel Cable Innovator has recently left Damen Shiprepair Dunkerque after extensive work including the installation of a ballast water treatment system and a 5-year survey. Cable Innovator is a multi-role vessel able to serve both energy and telecommunica
Propulsion Engines Market Set for Steady Growth
The global marine propulsion engines market is expected to reach USD 10.95 billion by 2020 from USD 8.23 billion in 2013, according to a new study by the US based market research and consulting company Grand View Research. Significant modernization in marine propulsion as a direct consequence of inc
MacGregor in Tanker Equipment Swoop
MacGregor has secured contracts to supply Pusnes bow loading systems for three newbuild shuttle tankers intended for operations in Brazilian waters. South Korean shipyard Sungdong Shipbuilding & Marine Engineering will install a Pusnes bow loading system on a 157,000 dwt Suezmax DP2 shuttle tanker o
OSK-ShipTech Takes Over Naval Architect Firm
Danish naval architect OSK- ShipTech A/S has acquired consulting naval architects A/S Jørgen Petersen, specialists in smaller passenger ferries. OSK has in recent years developed a strong business within passenger vessels, focusing on green propulsion technology on smaller vessels. “Going forward, t
Avance Gas to Inspect Another Newbuild for Defects
Owner and operator of liquefied petroleum gas (LPG) carriers Avance Gas plans to send another newbuild for drydocking to rule out potential defects. The company said it was taking actions to drydock VLGC Breeze in Singapore for inspection purposes on 22 April 2015. The ship was delivered to Avance G