The Netherlands-based shipyard Icon Yachts is building a very special yacht, named the Gotham Project, scheduled for delivery in the spring of 2019. The aluminium yacht is realised with the brokerage firm Bristow-Holmes and is designed in partnership with ER Yacht Design. The naval architects are Ic
Norwegian fertilizer producer Yara has been granted NOK 133.6 million (USD 16.7 million) for the construction of the world’s first electric and autonomous containership, Yara Birkeland. Provided by the Norwegian government enterprise ENOVA, the grant would cover about one third of the estimated cost
Mitsui O.S.K. Lines’ (MOL) first independently owned, built and operated floating storage and regasification unit (FSRU), the MOL FSRU Challenger, was named at Daewoo Shipbuilding & Marine Engineering’s Okpo shipyard in Korea on September 28. The MOL FSRU Challenger will provide storage and regasifi
New Mein Schiff 1, a next-generation cruise ship built for German cruise line TUI Cruises, was floated out from Meyer Turku’s dry dock in Finland. Following the completion of its assembly from giant blocks and the float-out, the ship will undergo further interior outfitting before delivery. New Mein
South Korean shipbuilder Hyundai Mipo Dockyard (HMD) has received approval in principle (AiP) from Lloyd’s Register (LR) for a cargo handling system design for a 6,600 m³ LNG bunkering vessel. HMD and the Hyundai Heavy Industries (HHI) Corporate Research Centre jointly developed the cargo handling s
A model of what promises to be the world’s first autonomous containership kickstarted today its testing stage at Sintef Ocean, a Norwegian research organization. Norwegian maritime technology expert Kongsberg and its compatriot fertilizer producer Yara have teamed up with Marin Teknikk on designing
COSCO Shipyard Group, part of COSCO Shipping International (Singapore), has, through its subsidiaries, won contracts for up to ten new ships if all options are exercised. These include a contract for four 82,000 tons bulk carriers secured by COSCO (Zhoushan) Shipyard. The contract includes two optio
CMA CGM’s newbuild New Panamax containership CMA CGM Lisa Marie suffered a mechanical failure during sea trials last week in China. Namely, on September 20 the ship’s personnel sent a distress call to Chinese Rescue and Salvage Bureau as the ship was disabled amid stormy weather in coastal waters ne
The French and Italian governments have hammered out a deal on the future shareholding structure of STX France, enabling Fincantieri’s takeover of the yard to move forward. Namely, the two governments agreed to launch a joint process paving the way for the future creation of an alliance in the naval
German carrier Hapag-Lloyd will carry out a capital increase, agreed upon as part of its merger with United Arab Shipping Company (UASC), with the gross proceeds expected to reach EUR 352 million (USD 414 million). The company said that the expected gross issue proceeds from the capital increase wou
Hong Kong-based container carrier Orient Overseas Container Line (OOCL) held a christening ceremony for its newest 21,413 TEU containership, OOCL United Kingdom, at Samsung Heavy Industries (SHI) shipyard in South Korea on September 27. Constructed by SHI, OOCL United Kingdom is the fourth in a seri
The Dutch-flagged 2,902 TEU container vessel Maersk Pembroke, which was hit by a fire in August, has been earmarked for dismantling. “Maersk is applying for all the necessary permissions from the relevant authorities in connection with the intended recycling of the vessel,” a Maersk Line spokesperso
Chinese shipbuilder Hudong-Zhonghua Shipbuilding delivered the fourth LNG carrier intended for SINOPEC’s LNG project in Australia on September 26. The vessel, named CESI Tianjin, was ordered by the joint venture between Japan’s Mitsui O.S.K. Lines (MOL), China COSCO Shipping Corporation and China Pe
Russian state-owned shipping company Sovcomflot and its compatriot oil major Rosneft have signed an agreement for the construction of five liquefied natural gas (LNG)-fueled Aframax tankes. Under the deal, entered into on September 25, the tankers would be constructed at Russia’s Zvezda Shipbuilding
