Shipbuilding
Norway Launches Green Coastal Shipping Initiative
DNV GL has taken the initiative to launch a Green Coastal Shipping programme in Norway, a joint effort by industry and authorities to ensure that in the future this country will have one of the world’s most environmentally friendly and efficient coastal shipping industries. In the future, LNG and ba
SCF Melampus Joins Sovcomflot’s Fleet
South Korean shipyard STX Offshore & Shipbuilding Co. Ltd. has handed over the LNG carrier SCF Melampus to Russian shipping company Sovcomflot. The ship is the third in a series of ultra-modern LNG carriers designed to perform regular, year-round shipments of liquefied natural gas. Two ships in the
Wärtsilä, CSSC Finalize 2-Stroke Engine JV
The joint venture deal between Wärtsilä and shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) for the take-over of Wärtsilä’s 2-stroke engine business, which was announced in July 2014, has been finalized. The required government and merger control approvals having been received,
Readers’ Picks of the Week (12th – 16th of Jan)
Tug Collides with Hoegh Osaka One of the two tugs attached to Hoegh Osaka moved from her position on Saturday afternoon and collided with the listing car carrier, UK Maritime and Coastguard Agency (MCA) informed.…Read more Libyan Army Bombs Second Tanker The Libyan National Army (LNA) has bombed ano
Image of the Day: World’s Largest Containership
The image shows 19 224 TEU MSC Oscar, the world’s largest container ship. The behemoth container ship was built at Daewoo Shipbuilding & Marine Engineering shipyard (South Korea) for Mediterranean Shipping Company and was delivered to the client on January 8, 2015. MSC Oscar called at Slavyanka mari
KNOT Finds Work for Newbuild
Knutsen NYK Offshore Tankers (KNOT) has through a subsidiary signed a deal for a long-term time charter to an international oil company of a new DP2 suezmax shuttle tanker. The vessel, expected for delivery in the first quarter of 2017, has been ordered at Cosco Zhoushan in China and will be a siste
Meriaura Expands Cargo Fleet
Finnish shipping company Meriaura Group has entered into a contract with Dutch shipyard Royal Bodewes for construction of two 4700DWT VG EcoCoasterTM general cargo vessels. The contract for two newbuildings was signed in Turku in December and comes as Meriaura aims to regenerate its fleet with vesse
2M Alliance Officially Launched
Departure of Maersk Line’s 14th Triple-E vessel, the Munkebo Maersk, from Dalian, China, has marked the official start of Maersk Line’s new East-West Network as a result of 2M Alliance between MSC and Maersk. The Munkebo Maersk has been freshly delivered by Daiwoo Shipbuilding and Marine Engineering
Quantum Scorpio Box Returns for More at SHI
Quantum Scorpio Box has exercised options at South Korean shipbuilder Samsung Heavy Industries (SHI) for construction of three additional 19,200 TEU containerships. The price tag for the three giant containerships amounts to USD 450 million, USD 150 million per each vessel. The order brings Scopio’s
Dorian LPG Lands Debt Financing for Newbuilding Program
NYSE-listed owner and operator of Very Large Gas Carriers (VLGC) Dorian LPG has received commitments for up to USD 761 million of debt financing for its VLGC newbuilding program. The financing has four separate tranches. USD 250 million of commercial debt financing is being provided by ABN AMRO; ING
Star Bulk Prices Shares
Star Bulk Carriers Corp. has priced its underwritten public offering of 49,000,418 of its common shares at a price of USD 5.00 per share. The offering is expected to close on January 14, 2015, subject to customary conditions. The company intends to use the net proceeds from the offering for its newb
Drewry: Container Carriers Should Delay Newbuild Deliveries
Some 100,000 TEU of new container ships scheduled for delivery in 2014 is estimated to have slipped into 2015. While this helped to narrow the gap between supply-demand last year it will only add to the supply pressure this year, according to Drewry Maritime Research. Drewry believes that further de
GALLERY: Damen Overhauls Saga Sapphire
The Saga Cruises-owned Saga Sapphire left Damen Shiprepair Rotterdam on December 19, after receiving extensive repair and refurbishment works as well as a scheduled Class Survey. The most challenging item on Damen’s to-do list was replacing the 200-metre vessel’s two sewage plants. ”To get to the se
Readers’ Picks of the Week (5-9 of Jan)
DSME Christens World’s Biggest Containership Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has named the MSC Oscar, which with the nominal capacity of 19,224 TEU has claimed the title of the world’s biggest containership.…Read more VIDEO: Pieter Schelte Reaches Rotterdam The w