Shipbuilding
ABC Maritime Orders Four from Chinese Yard
Switzerland-based owner ABC Maritime has ordered construction of four 4,900dwt asphalt carriers. The carriers will be built by Chinese yard AVIC Dingheng Shipbuilding. The price tag of the newbuilds has not yet been revealed. Bureau Veritas will class the vessels, which have been slated for delivery
VIDEO: Wärtsilä Takes Fishing to Another Level
Based on close to 40 years of experience and their designers’ extensive knowledge, Wärtsilä has developed a new generation of fishing vessels, more fuel efficient than ever. Harvest (VS6108 PS/TR), delivered in 2014, is one of those designs, where the combination of CFD-optimized hull lines, an effi
Royal Navy Orders More from BAE Systems
BAE Systems has been awarded a £348 million contract by the UK Ministry of Defence to construct three new Offshore Patrol Vessels (OPVs) for the UK Royal Navy. The new 90 metre vessels will be built at BAE Systems’ facilities in Glasgow and will provide additional capability for the Royal Navy. The
Maersk Looks East for Subsea Newbuilds
COSCO (Dalian) Shipyard Co., a subsidiary of COSCO Shipyard Group Co., has secured contracts valued over USD 470m to build four subsea supply vessels for Maersk Supply Service AS (MSS). MSS has also secured options for two additional subsea supply vessels. The vessels are scheduled for delivery in 4
WSS Raises Awareness on Welding Safety
Shipowners and operators are reaping the benefits of the Wilhelmsen Ships Service Welding Safety Campaign, which highlights the need for safe equipment and working practices, together with quality training onboard ship, Wilhelmsen said in a release. The campaign comprises inspections of onboard equi
Russia to Sanction US and EU Shipbuilders?
Russian Prime Minister Dmitry Medvedev said that Russia may be ready to adopt protective measures for the aircraft, shipbuilding and auto industries, as well as other industries originating from countries that imposed sanctions against Russia. Medvedev said that the decision comes in the wake of the
Navig8 Taps into OTC Market
Navig8 has turned to Norway’s over-the-counter (OTC) market to bankroll a new order of four chemical tanker newbuildings at STX Offshore & Shipbuilding. The company managed to raise USD 110 million to support the order, but would not comment on the equity raise source, stating that it is a ”private
Lilly Johanne Capsizes in Turkey
Lilly Johanne, a live fish carrier, capsized in Celiktrans shipyard in Tuzla, Turkey, on August 7, iLaks reports. At the time of the accident, the 50-meter brand-new vessel was undergoing completion works, and was scheduled for delivery next week. The sources close to the matter confirm that the ves
Readers’ Picks of the Week (Aug 4 – 10, 2014)
Egypt to Build New Suez Canal Egypt is looking to build a new Suez Canal parallel to the existing one in a USD 4 billion project aimed at boosting the trade along the Canal, which offers the fastest …Read more Exclusive: Workers Left High and Dry as GoAGT Goes Insolvent Maritime security company GoA
TUI Cruises Order Saves 10,000 Finnish Jobs
The Finnish Government bought 30 percent of STX Turku shipyard, specializing in building cruise vessels such as the world’s biggest Allure of the Seas and Oasis of the Seas, with 70 percent going to the German company Meyer Werft. Meyer Werft GmbH is taking over the stake in the shipyard from Sout
Faulty Newbuildings Becoming More Frequent
The 180 million GT, ‘A’ rated North P&I Club has warned its members to check their new ships very carefully before accepting delivery. In the latest issue of its loss prevention newsletter Signals, the Club says it has become aware of several of instances of poor construction that is potentially dan
Ultra Large Containers Testing Charter Rates
The Ultra Large Container Vessels (ULCV) will take over shipping routes between Asia and Europe, as smaller containerships are no longer seen as competitive when it comes to unit costs, compared to behemoth Maersk Line Triple-E 18,000 TEU ULCV. Demand for these huge vessels is higher then ever. Ju
TUI Cruises Back at STX Turku Shipyard
The previously announced fleet expansion plans of TUI cruises are being turned into action with two more newbuilds now on order. The Mein Schiff fleet shall grow from current three to six ships and then 14,000 beds by 2017. The Mein Schiff 4 is currently being built and with the now decided new or
Wärtsilä In on Ferry Design Project
Wärtsilä has been selected as the partner for designing a new ferry as part of the ‘Midway Alignment of the Bothnian Corridor’ project. The scope of the design work will be both initial and basic design. The ferry is designed for sailing between Vaasa in Finland and Umeå in Sweden across the Gulf