Shipbuilding
CMA CGM Volga Joins the Fleet
The 10,622 TEU containership CMA CGM Volga has entered the CMA CGM fleet and started her first rotation in Dalian, China, on March 20th. The vessel is the 8th of a series of 28 ships from 9,400 TEUs to 10,900 TEUs that will be delivered until the third quarter of 2016. Sailing under the Malta flag,
Wilson Orders Bulker Trio
Bergen-based short sea company Wilson has signed an agreement with a Chinese shipyard Wuxue Janda Shipbuilding Co. Ltd for the construction of a series of three bulk carriers featuring 2600 dwt. The contract stipulates an option for construction of two additional vessels of the same size 2600 dwt. T
Construction Begins on SCF’s Arctic LNG Carrier
Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co., Ltd. (S.Korea) has laid the keel for the first gas tanker ordered by Russian Sovcomflot Group for transportation of liquefied natural gas (LNG) under Yamal LNG project. The vessel is intended to be used for training crews for Arctic LN
VIDEO: Arklow Breeze Slips into Water
General cargo ship Arklow Breeze was launched at the Westerbroek yard of Ferus Smit on Friday, the 20th of March. She is the sixth and last vessel in a series that will be delivered to Arklow Shipping from Ireland. The design is a bulk oriented general cargo ship that will be mainly employed in the
Readers’ Picks of the Week (16th-20th March)
Update: MSC Cruises’ Death Toll Rises to Twelve Twelve guests of MSC Cruises have been confirmed dead following the terrorist attack during a shore excursion at the port of La Goulette, Tunisia on Wednesday…. Read more Interview: Alfa Laval Scrubber Sales Forge Ahead Swedish engineering group Alfa L
ECSA Urges for Swift Ratification of IMO Hong Kong Convention
European shipowners have called for a swift ratification of the 2009 IMO Hong Kong Convention (HKC) in a position paper published earlier this week. The Convention is aimed at ensuring that ships, when being recycled after reaching the end of their operational lives, do not pose any unnecessary risk
Deurganck Dock Lock Gates About to Head for Antwerp
The construction of four gates for the Deurganck dock lock in the port of Antwerp, part of what will be the largest dock in the world, has been officially completed. A ceremony was held on Wednesday, 18 March in the Chinese city of Changxing to mark the official completion of the construction work.
Expanding Star Bulk Sinks into Red
Athens-based dry bulk specialist Star Bulk Carriers ended 2014 with net loss despite a 111% increase in revenues achieved through a significant fleet expansion. Star Bulk ended 2014 with USD 11.7 million loss, compared to USD 1.9 million net profit in 2013. Annual revenue jumped from USD 69.9m in 20
Bellona, Damen Team Up on Designing Vessels of the Future
The Oslo-based NGO Bellona Foundation has launched a three-year partnership with Dutch Damen Shipyards Group aimed at exploring and developing concept vessels for the future. The agreement was officially signed on March 18 during an industry event in Stavanger. Under the partnership, the NGO and Dam
Scorpio Tankers Secures Loan Duo
Scorpio Tankers said that it has received commitments from two leading European financial institutions for two separate loan facilities of up to USD 113.2 million. The loan is intended to partially finance the purchase of four LR2 product tankers that was announced in December 2014. A USD 52 million
BW LPG Welcomes Third VLGC Newbuild to the Fleet
BW LPG Limited has taken delivery of BW Gemini, the third Very Large Gas Carrier (VLGC) in its newbuilding program of eight VLGCs. The BW Gemini is partly financed by the USD 400 million loan facility agreement signed in February with KEXIM, DNB and SEB, as lending banks. “BW Gemini, the third newbu
New Loan for Aker-Crowley Tanker JV
Oslo-listed Aker Philadelphia Shipyard ASA (AKPS) has, through its wholly-owned U.S. subsidiary Aker Philadelphia Shipyard, Inc. (APSI), executed definitive documentation with PIDC Regional Center for a loan of up to USD 60 million to finance its joint venture tanker deal with Crowley Maritime. The
Meyer Werft Returns to ABB
Swiss-based power and automation technology provider ABB has been awarded a USD 60 million contract to deliver its Azipod propulsion and power systems to Norwegian Cruise Line’s two Breakaway-Plus class ships currently under construction at Meyer Werft’s shipyard in Papenburg, Germany. The new 164,0
Image of the Day: Olympic Bibby Testing the Water
The image shows Offshore Supply Ship Olympic Bibby blending with the scenery while testing what she is made of. The vessel was pictured while undergoing sea trials in the North Sea on Sunday, March 15th. The 4500 DWT ship has been built in 2015 by Norwegian shipbuilder Kleven. World Maritime News St