China Development Bank Financial Leasing has been tied to an order for up to ten Newcastlemaxes at Chinese shipbuilder Yangzijiang Shipbuilding. The order is said to include five firm orders for 208,000 dwt bulkers plus five additional bulk carriers of the same size, according to Asiasis. The ships
China State Shipbuilding Corporation (CSSC) shipyards Jiangnan Changxing Shipbuilding (Hudong Zhonghua) and Shanghai Jiangnan Changxing Heavy Industry (SWS) signed today a contract with Bureau Veritas for the classification of CMA CGM’s nine 22,000 TEU containerships. In accordance with the deal, al
Finland-based technology group Wärtsilä, and GTT, the designer of cryogenic membrane containment solutions for liquefied gases, have finalized today a cooperation agreement at the Marintec conference and exhibition in Shanghai, China. The aim of the cooperation is to explore potential business oppor
On December 2, the second and last engine room module for AIDAnova – AIDA Cruises’ new ship – began its journey from the shipyard Neptun Werft in Rostock Warnemünde to the yard Meyer Werft in Papenburg, Germany. On its way to Papenburg, the section was towed through the Kiel Canal. The second floati
Dutch Damen Shipyards Group has presented today its 3D printed ship’s propeller, the WAAMpeller, following a rigorous testing process, verified by Bureau Veritas. This project is the result of a close collaboration between RAMLAB, Promarin, Autodesk, Bureau Veritas and Damen launched seven months ag
South Korean shipbuilder Hyundai Mipo Dockyard (HMD) has sealed a contract for the construction of three petrochemical product tankers. The deal is worth KRW 114.7 billion (USD 105.5 million), the shipbuilder said in a regulatory filing. The order has been placed by a European shipowner, the identit
There is a strong interest of shipowners in retrofitting their ships with liquefied natural gas-powered (LNG) engines in order to meet the requirements of the Ballast Water Management (BWM) Convention, a survey shows. Specifically, according to the findings of SMM’s first Maritime Industry Report, s
US carrier Matson has launched the construction of its two new combination container and roll-on/roll-off (Con-Ro) vessels at General Dynamics NASSCO’s shipyard in San Diego. The “Kanaloa Class” ships were designed specifically for Matson’s Hawaii service. Construction of the first ship is scheduled
South Korean shipping company Pan Ocean informed that it is investing in the construction of six very large ore carriers (VLOCs). Pan Ocean has earmarked KRW 483.1 billion (USD 444 million) to finance the order. The new ships are intended to be employed on long-term cargo contracts. In a separate an
By combining existing technologies in a new way, it is possible to build ferries that represent a quantum leap for the environment. That is the idea behind a new R&D project involving four major players in the maritime sector – Rolls-Royce, Color Line, Norled and the Norwegian Coastal Administration
MSC Cruises has formalized the order this afternoon with Italian shipbuilder Fincantieri for the construction of two Seaside Evo Class ships, Executive Chairman of MSC Cruises, Pierfrancesco Vago, announced. As informed, the ships will be completed in 2021 and 2023, respectively. The said ships will
Maersk Supply Service AS has taken delivery of its second of four Stingray vessels, Maersk Involver, from COSCO Dalian Shipyard. The delivery documents were signed by COSCO (Dalian) Shipyard Co. and Maersk Supply Service on November 28, 2017. The vessel boasts 400 ts AHC crane, dynamic positioning c
Teekay Offshore has declared options with Korean shipbuilder Samsung Heavy Industries (SHI) for the construction of two, Suezmax-sized, DP2 shuttle tanker newbuildings. The option forms part of a contract signed in August this year covering two firm and two optional units. The construction cost of t
Ocean Tankers has been tied to an order for up to ten small chemical tankers at Chinese yard Fujian Mawei Shipbuilding Ltd. The order is comprised of six firm plus four optional 11,000 dwt chemical tankers slated for delivery in 2019 and 2020, according to Clarksons Platou Shipbroking. The price det
