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Shipbuilding

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Business & FinanceNews
Fincantieri to Extend Silversea’s Silver Spirit
Shipbuilding

Fincantieri to Extend Silversea’s Silver Spirit

Cruise company Silversea has unveiled plans for its first-ever ship lengthening, as it agreed with Italian shipbuilder Fincantieri to transform the company’s 2009-built Silver Spirit. The works will take place early next year at Fincantieri’s Palermo shipyard. Starting in early March, Silver Spirit

about 9 years ago
RINA: Global Orderbook for Superyachts Cruising at a Steady Pace
Shipbuilding

RINA: Global Orderbook for Superyachts Cruising at a Steady Pace

The global order book for superyachts continues to cruise at a steady pace this year, with interesting trends towards larger vessels and more high-tech engineering, according to a report by international classification society RINA Services. Although the 30 to 45-metre sector remains the core of the

about 9 years ago
Oshima to Build Another Ultramax Pair for Taiwan Navigation
Shipbuilding

Oshima to Build Another Ultramax Pair for Taiwan Navigation

In an effort to expand its dry bulk fleet, Taiwan Navigation Company (TNC) has ordered two 62,000 dwt Ultramax bulk carriers from Japanese shipbuilder Oshima Shipbuilding. Under the terms of the contract signed between the two parties on September 19, TNC will pay USD 25.5 million per unit. As infor

about 9 years ago
SHI Clinches Order for Six Mega-Boxships
Shipbuilding

SHI Clinches Order for Six Mega-Boxships

Samsung Heavy Industries (SHI) of South Korea has secured an order for the construction of six ultra large container vessels (ULCVs), the shipbuilder said. The contract is worth KRW 1.118 trillion (USD 982.6 million), according to SHI. The Korean shipbuilder said the order was placed by a European s

about 9 years ago
Polaris Shipping Firms Order for 10 VLOCs at HHI
Shipbuilding

Polaris Shipping Firms Order for 10 VLOCs at HHI

South Korean shipbuilder Hyundai Heavy Industries (HHI) has won an order from compatriot Polaris Shipping for the construction of ten very large ore carriers (VLOCs). The contract for ten 325,000 DWT bulker newbuilds is worth KRW 910.2 billion (USD 800 million). The delivery is slated for April 2021

about 9 years ago
Russia’s 2nd New-Generation Nuclear-Powered Icebreaker Tests the Waters
Shipbuilding

Russia’s 2nd New-Generation Nuclear-Powered Icebreaker Tests the Waters

Sibir, the second in a new generation of nuclear-powered icebreakers that will strengthen Russia’s presence in Arctic, was launched at Baltic Shipyard – part of the United Shipbuilding Corporation – on September 22. Part of the Project 22220 which is dedicated to the renewal of Russian nuclear icebr

about 9 years ago
Hapag-Lloyd Sends Three Boxship Oldies to Scrap
Shipbuilding

Hapag-Lloyd Sends Three Boxship Oldies to Scrap

German liner shipping company Hapag-Lloyd has sold three of its older containerships which were owned by United Arab Shipping Company (UASC) prior to the merger of the duo in May this year. The Deira, the Najran and the Sakaka will be transferred to shipyards in China and Turkey, which are certified

about 9 years ago
Report: Cochin Shipyard Eyes Expansion after IPO
Shipbuilding

Report: Cochin Shipyard Eyes Expansion after IPO

India’s Cochin Shipyard is looking to expand its operations as it plans to establish new ship building and repair facilities in Andaman and Nicobar, Gujarat, Kolkata and Mumbai. The shipbuilder’s expansion plan was unveiled by Nitin Gadkari, India’s Minister for Road Transport, Highways and Shipping

about 9 years ago
DEME Tries to Seize Vessel from LaNaval
Shipbuilding

DEME Tries to Seize Vessel from LaNaval

Belgian DEME group, specializing in dredging and marine engineering, has attempted to seize a vessel being built at the financially-troubled shipyard LaNaval. As confirmed to OW by the company’s spokesperson, DEME has hired sub-contractors to take control of the uncompleted cable laying and trenchin

about 9 years ago
South Korea Eyes Looking to Build World’s Largest LNG-Fueled Ship
Shipbuilding

South Korea Eyes Looking to Build World’s Largest LNG-Fueled Ship

South Korea intends to launch a pilot project to build a 180,000 gross ton LNG-fueled vessel in an effort to reduce pollutants emitted from ships and promote environmentally friendly industries, the country’s Ministry of Oceans and Fisheries (MOF) informed. The ministry said it will collaborate with

about 9 years ago
Fincantieri Delivers Fourth Viking
Shipbuilding

Fincantieri Delivers Fourth Viking

Viking Sun, the fourth of eight cruise ships Viking Ocean Cruises has ordered from Italian shipbuilder Fincantieri, was delivered to the company on September 25 at the Ancona shipyard. Like its sister ships, Viking Sun is placed in the small cruise ship segment. With a gross tonnage of about 47,800

about 9 years ago
Fincantieri to Build Next-Generation Cruise Ship for Cunard
Shipbuilding

Fincantieri to Build Next-Generation Cruise Ship for Cunard

Italian shipbuilder Fincantieri and cruise company Carnival Corporation have signed a memorandum of agreement (MoA) for the construction of one next-generation cruise ship for Carnival’s UK-based brand Cunard. As informed, the agreement will become operational when all the financial and technical co

about 9 years ago
Wisdom Marine Scraps Tanker Order at JMU
Shipbuilding

Wisdom Marine Scraps Tanker Order at JMU

Taiwanese shipping company Wisdom Marine Lines has decided to cancel the two tanker newbuilds ordered from Japan’s shipbuilder Japan Marine United Corporation (JMU). The two 115,000 DWT crude oil tankers were ordered in June, 2016 and were valued at USD 50 million per vessel. As a result, the compan

about 9 years ago
Readers’ Picks of the Week (September 18-22, 2017)
Shipbuilding

Readers’ Picks of the Week (September 18-22, 2017)

Readers’ Picks of the Week (September 18-22, 2017)

about 9 years ago
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