Shipbuilding
Scorpio Set to Raise USD 150 Million for Its Newbuilds
Dry bulk transporter Scorpio Bulkers Inc. revealed plans yesterday to raise USD 150 million through private placement of its shares of common stock. An aggregate of 40,000,000 common shares will be sold at a price of USD 3.75 per share, according to Scorpio. Scorpio said it intends to use the net pr
Revamped MSC Armonia Ready for Service
MSC Armonia, the first out of four MSC Lirica Class ships in the EUR 200 million “Renaissance Programme” launched by Fincantieri and MSC Cruises, has left the Palermo shipyard after little more than 10 weeks since her arrival on 31 August. The modification works on Armonia included the insertion of
Image of the Day: Olympus All Set
The image shows Platform Supply Vessel (PSV) Olympus decorated for her naming ceremony that took place on November 15th. It is the third in the series of Havyard’s 832 design and the eighth vessel to be delivered to Global Offshore Services. On Friday night, an Indian ceremony was held on board, whe
Drewry: Delivery of ULCVs a Double Whammy
The delivery of some 54 ships of at least 10,000 teu, expected to be deployed in the Asia-North Europe trade between October 2014 and December 2015, will have a huge effect on the landscape of the trade next year. According to Drewry’s analysis, they may help to bring carriers much needed lower slot
MAN Diesel & Turbo Engines to Power Chinese Ferries
MAN Diesel & Turbo has secured a contract for the supply of four 9L48/60CR engines for the diesel-mechanical propulsion of two passenger ferries for Chinese shipping companies, Huadong Ferry and Dadong Ferry. The two newbuildings are currently under construction at Huanghai Shipyard in Shangdong, Ch
Hamburg Süd Christens Another San Class Newbuild
German carrier Hamburg Süd christened a new container ship pertaining to its “San” class on Thursday, November 13th at the Marina Bay Cruise Center in Singapore. The 111,700 tdw ship was named “San Clemente” by her sponsor Wietske Willemijn Wage, wife of Niels Wage, Vice President of Marketing Freig
Image of the Day: Rem Eir Enters the Scene
Norway’s shipbuilder Kleven has organized the naming ceremony for Rem Eir – Remøy Shipping’s new LNG powered Platform Supply Vessel (PSV) at Mjølstadneset today, Friday, November 14. The company has invited everyone interested to come down from 16.00 till 18.00 when the vessel will be open for all w
Gotland Orders Sweden’s First LNG Ferry
Sweden’s Rederi AB Gotland has signed a contract with GSI Shipyard in China for a new LNG-powered ro-pax ferry with the capacity to carry 1650 passengers. The company says that once delivered in 2017, the new LNG ferry will become the first Swedish-flagged passenger vessel powered by LNG. Rederi AB
VIDEO: Wagenborg’s Walk-to-Work Vessel Makes a Splash
Ceremonial ship launching followed by breaking of a champagne bottle over the bow are believed to be a way of inviting good luck for the newbuild vessel. What is more, the launching ceremony marks the official transfer of the vessel to the water, a symbolic act symbolizing the union of the two in th
Hanjin Stacking Up Orders
South Korea’s shipbuilder Hanjin Heavy Industries & Construction (HHIC) has signed a nearly USD 200 million contract to build two 180,000 DWT bulk carriers with an undisclosed European shipping company, and one PKX-B patrol vessel for the South Korea’s Navy. The 180,000 DWT bulk carriers will be 292
Dutch Firms Net Kazakhstan Shipyard FEED Contract
Consultancy and engineering firms Royal HaskoningDHV and Witteveen+Bos have been awarded the USD 18 million contract by energy company Eni to design a new shipyard in Kazakhstan, near the town of Kuryk on the Caspian Sea. The new shipyard will provide shipbuilding, repair and maintenance to support
Wärtsilä to Power Yamal LNG Carriers
The Daewoo Shipbuilding and Marine Engineering (DSME) yard in South Korea has ordered a total of 54 Wärtsilä dual fuel engines to power 172,600 cbm icebreaking LNG carriers being built for use in arctic conditions to serve the Yamal LNG project in Northern Russia. The ships will be owned by one join
Scorpio Bulkers Secures Loan
Dry bulk shipping company Scorpio Bulkers, Inc. has received a commitment from ABN AMRO Bank N.V. for a loan facility of up to USD 39.6 million. The facility was arranged by ABN AMRO Bank N.V., the Netherlands, with insurance cover to be provided from the China Export & Credit Insurance Corporation
Fincantieri Sets Sights on Chinese Market
Italian shipbuilding group Fincantieri plans to increase its presence in the Chinese market as the country eyes construction of its first cruise ship. China State Shipbuilding Corporation (CSSC) has already expressed interest in building the country’s first self-developed luxury cruise ship. However