Shipbuilding
Gibson: Major VLCC Players Active in Newbuilding Market
The 2014 had been a much more rewarding year for owners than 2013 with positive spikes seen in the spot market and a definite shift in sentiment, with reasonable expectations for the second half of the year, according to the UK shipbroker Gibson. Based on Gibson’s latest Weekly Tanker Report, some 3
Meyer Werft Starts Construction of Norwegian Escape
Norwegian Cruise Line executives and officials from Meyer Werft took part in the keel-laying ceremony of Norwegian Escape on Friday, September 19, 2014. During the ceremony, block number 35/41, one of 86 blocks that will comprise the 164,600 gross ton-vessel, was lifted into the covered building doc
Image of the Day: And Then There Were Twelve!
Maersk Line has taken delivery of their 12th Triple-E vessel named Mogens Maersk. Maersk Line’s Chief Commercial Officer Stephen Schueler decided to memorialise the moment by snapping a few photos during the delivery ceremony at Busan Shipyard in South Korea. The Maersk Triple E class is a family of
Battling for Supremacy in Shipping World
As the shipping industry progresses toward bigger and ever more complex ships we are seeing shipbuilding giants battling for supremacy in building a better, bigger and more advanced vessel. The slightest upgrades in size or efficiency can bring in enormous profits or slash operational costs on a glo
Video: FPSO Petrojarl Knarr Sailaway
It’s been three years since the works started on Teekay’s largest project to-date, FPSO Petrojarl Knarr. In early June, construction of the vessel was completed, and in July 2014, the Petrojarl Knarr FPSO sailed away from the shipyard and was on track to the North Sea to commence its charter contrac
Construction Begins on Third Quantum Class Ship
The first piece of steel was cut at Meyer Werft in Papenburg, Germany for the construction of the third ship of Quantum class for Royal Carribean International, the shipbuilder informed. Richard D. Fain, CEO of Royal Caribbean Cruises Ltd., pushed the button of the plasma torch as the first plate of
Seaspovill Orders Second Damen Fast Ferry
South Korean operator Seaspovill signed its second contract for a Fast Ferry with the Netherlands-based shipbuilder Damen Shipyards Group. The Fast Ferry 4212 – to be named SEA STAR 5 – will operate between Mookho and Ulleung-Do at the East-coast of South Korea. The ferry is a high-speed catamaran p
BW Orders LNG Carriers
BW Group, a global maritime company involved in oil and gas transportation, floating gas infrastructure, environmental technologies and deepwater production, has signed shipbuilding contracts with Daewoo Shipbuilding and Marine Engineering Co. Ltd. (DSME) for two Liquefied Natural Gas (LNG) carriers
BFC Adds Bunker Tanker for Azov-Black Sea Basin
Baltic Fuel Company (BFC) has acquired a conventional tanker for performing of bunkering operations in the ports of the Azov – Black Sea Basin. On September 15, 2014, the tanker arrived at port Kavkaz for customs clearance, flag changing ceremony and registration with the Russian Maritime Register o
Update: Cammell Laird Strike Averted
GMB members at Cammell Laird in Birkenhead have voted to accept an improved pay offer and have called off the dispute in the yard over pay. The new agreement will cover the next three years and will provide the workforce with a guaranteed increase in their pay rates says GMB. Albie McGuigan, GMB Reg
Scorpio Rejuvenates Tanker Fleet
Scorpio Tankers Inc., a global provider of marine transportation for petroleum products, announced today that it has added seven newbuilding vessels to its fleet, all recently delivered. The deliveries are as follows: STI Madison and STI Park, LR2 product tankers, were delivered from Hyundai Samho H
Update: Ferguson Shipbuilders Remains Scottish
GMB Scotland commented on the formal acquisition by Jim McColl of the Ferguson Shipbuilders in Port Glasgow, and the announcement that the company will be renamed Ferguson Marine Engineering Ltd and will service the oil and gas, marine and renewables sectors. Last month the Ferguson Shipbuilders cal
IMO Finalizes LNG Use Rules
United Nations’ International Maritime Organization (IMO) has finalized draft consolidated, internationally binding regulations on the use of liquefied natural gas. The regulations were finalized at the annual session of the IMO Sub-Committee on the Carriage of Cargoes and Containers (CCC 1), where
Image of the Day: Yearning for the Seas
Mesmerizing view of Kleven’s Myklebust Verft in Gursken immersed into the sunset. The image shows sea steel giants undergoing maintenance at the yard, which look as if they yearn to return to the sea. [mappress] World Maritime News Staff, September 12, 2014; Image: Kleven/copyright@Eivind Frøystad