Monaco-based shipowning company specializing in bulk carriers Transocean Maritime Agencies has ordered two Panamax bulk carriers at China’s Jingling Shipyard Jiangsu, data from VesselsValue shows. As indicated, the 82,000 dwt newbuildings are priced at USD 24 million each. The first ship from the ba
Image Courtesy: NASSCO Palmetto State, the eight and final tanker constructed at US-based shipyard General Dynamics NASSCO, returned from its first run at sea last week. Built for American Petroleum Tankers (APT), the newbuilding was christened and launched on March 25. Back in 2013 and 2014, NASSCO
Oslo-listed owner and operator of liquefied natural gas (LNG) carriers Flex LNG has signed agreements to buy six LNG ships, Reuters reports citing the company’s chief executive Jonathan Cook. The 170,000-cubic metre ships will be built by South Korean Samsung Heavy Industries (SHI) and Daewoo Shipbu
Navig8 Chemical Tankers has taken delivery of the Navig8 Spica, a 25,000 dwt stainless steel chemical tanker, from Fukuoka Shipbuilding in Japan. The Navig8 Spica is the first of two vessels contracted at Fukuoka to be delivered to the company and is the first of two vessels to be delivered under th
Greek shipping company Thenamaris revealed it has taken delivery of Seatriumph, a very large crude carrier (VLCC) newbuilding. The construction of the 299,227 dwt tanker was completed this month at South Korean shipyard Hyundai Heavy Industries (HHI), according to information provided by VesselsValu
Dubai Maritime City Authority (DMCA) is considering setting up a USD 1 billion fund to boost investments in shipping and spur on Dubai’s maritime sector, Reuters cited sources familiar with the matter as saying. The investment fund will be available to Dubai-based companies, the sources told Reuters
German shipbuilder Meyer Werft has held a keel laying for Norwegian Cruise Line’s latest newbuilding, the Norwegian Bliss, at the yard’s facility in Papenburg, Germany. During the ceremony, one of the keel blocks of the 167,800 gross ton vessel was lifted into the covered building hall, signifying a
Singapore-based Keppel Singmarine has secured a contract worth a total of SGD 103 million (USD 74.2 million) to build two small-scale LNG carrier vessels for Stolt-Nielsen Gas B.V., a subsidiary of Stolt-Nielsen Limited. As part of the contract, Keppel Singmarine has also secured options to build an
South Korean shipowners have placed orders for the construction of thirteen vessels at Chinese shipyards so far in 2017, with only seven ships ordered at domestic yards, Yonhap News Agency cited industry sources as saying. In total, twenty ships have been ordered by South Korean shipping companies u
Representatives from marine and IT-industry have teamed up to enable fully remote controlled vessels in the Baltic Sea in three years and to achieve autonomous commercial maritime traffic by 2025. The founding partners in the One Sea – Autonomous Maritime Ecosystem, are ABB, Cargotec (MacGregor and
Greek ship owner Primerose Shipping has ordered two bulk carriers in China, shipbroking sources say. The two 81,000 dwt vessels are to be built by China’s state-owned CSSC Chengxi Shipyard. The shipbuilding contracts for two bulkers have been valued at USD 24.8 million each, and the vessels are said
South Korean shipbuilder Samsung Heavy Industries (SHI) has inked a contract with compatriot natural gas company Korea Gas Corporation (KOGAS) for the construction of two small-scale liquefied natural gas (LNG) carriers. Under the terms of the USD 100 million contract, the ships are expected to be d
China-based COSCO (Dalian) Shipyard, a subsidiary of COSCO Shipyard Group, has delivered bulk carrier newbuilding Flag Lama to a European owner. The 79,500 dwt vessel was handed over to Greek shipping company Golden Union, VesselsValue’s data shows. The Panamax bulker, which has a market value of US
Chemicals transportation company Navig8 Chemical Tankers has entered into a second sale and leaseback deal with subsidiaries of Japan-based SBI Holdings Inc (SBI) for two 25,000 dwt stainless steel chemical tankers being built by Japanese Fukuoka Shipbuilding. BNP Paribas and Crédit Agricole Corpora
