Shipbuilding
ABS Classing LNG Containership Duo
ABS, a provider of classification services to the maritime and offshore industries, has been chosen to class two LNG-fueled containerships to be built in China for German owner GNS Shipping/Nordic Hamburg. The 1,400 teu vessels will feature dual-fuel propulsion enabling them to burn LNG and conventi
SMM: DNV GL Backing the Industry through Tough Times
Enhancing operational efficiency, improving safety, smarter data – these were the key themes for DNV GL, the world’s largest classification society, at the SMM trade fair yesterday. Tor E. Svensen, CEO of DNV GL Maritime, showed how DNV GL is working to modernise class and support its customers in r
The Dutch Show Their Might at SMM
As this year’s SMM conference and exhibition in Hamburg is expected to be the largest so far, the same goes for the Holland Pavilion at the fair. Earlier today Monique van Daalen, Dutch Ambassador for the Netherlands in Germany has officially opened the Holland Pavilion at the international shipping
Euronav Selling Shares
Belgian tanker owner Euronav NV has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its ordinary shares in the United States of America. The company’s ordinary shares are currently listed on Euronext Brussels. Euronav said tha
Wärtsilä to Power LNG Goliaths
Two new large, 180,000 CBM LNG carriers being built by the Samsung Heavy Industries (SHI) in Korea for SK Shipping and Marubeni are to be powered by 6-cylinder Wärtsilä X62DF 2-stroke dual-fuel engines. These will be the first large LNG carriers featuring Wärtsilä’s 2-stroke dual-fuel technology. Th
All Eyes on SMM Hamburg
The SMM international trade fair of the maritime industry has officially been opened in Hamburg. Every two years representatives of the maritime industry and experts from all over the world gather in Hamburg to showcase innovative developments and leading-edge technologies, and discuss the industry’
MacRack in Demand
MacGregor, part of Cargotec, has announced that the first units of a 672-strong MacRack orderbook are now being installed. The units are destined for a total of 38 ships for various owners; 35 of which are for 180,000 dwt bulk carriers and the remaining three are for 87,000 dwt bulkers. Each of the
LNG Hybrid Barge Readying for Hamburg
Environmentally-friendly Becker Marine Systems’ new LNG Hybrid Barge was launched in Komárno, Slovakia on September 5, 2014. The barge operates as a floating power plant, designed to supply low-emission energy to cruise ships. The LNG Hybrid Barge is currently being prepared for towing and delivery
Russia, Vietnam Launch Shipbuilding Joint Venture
The inter-governmental commission of Russia and Vietnam met in Vladivostok, Russia on Saturday, September 6, to sign an agreement to form joint ventures in the shipbuilding and light industries, Itar-Tass reports. Russian Deputy Minister of Industry and Trade Viktor Yevtukhov said that the shipbuild
Floating Production Newbuild Market Steady
Floating production systems remained in demand this year as the offshore gas and oil industry have spent over USD 16 billion on newbuild contracts, Energy Maritime Associates (EMA) announces in its analysis of the floating production sector published in 2014 Q3 Report for FPSOs, Semis, TLPs, FLNGs,
StealthGas Adds Two LPG Carriers
StealthGas Inc., a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, has acquired two newbuilding LPG vessels as part of its fleet expansion program. The company exercised the acquisition options with a Korean yard and the addition
DryShips Scraps Bulker Quartet Order
DryShips Inc., an international provider of marine transportation services for dry bulk and petroleum cargoes, through its majority owned subsidiary, Ocean Rig UDW Inc., has reached an agreement with Jiangsu Rongsheng Heavy Industries (RSHI), to cancel the newbuilding contracts for four ice-class pa
New Tanker Joins Palmali Fleet
Istanbul headquartered Palmali Group took delivery of 7,100 DWT tanker Shovket Alekperova on August 30, which is the seventh tanker of the RST22M project, reports Marine Engineering Bureau in a press release. A distinctive features of RST22M, RST22, 005RST01 and RST12 design tankers are fully revolv
Van Oord Strengthens SRI Fleet
Van Oord has ordered a new subsea rock installation vessel. Sinopacific Shipbuilding Group Shanghai will build the vessel at its Ningbo yard in China, with delivery scheduled for 2016. Subsea rock installation is a proven technique for the protection and stabilisation of offshore structures and pipe