South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) and the international classification society DNV GL have presented the results of a joint development project (JDP) for the design of a liquefied natural gas (LNG) carrier based on today’s technology. The project focused on delivering a d
Finland-based ferry company Viking Line signed a conditional shipbuilding contract with China’s Xiamen Shipbuilding Industry for a new passenger cruise ship, with an option for an additional vessel. A final agreement is subject to the approval of the Board of Directors of both the buyer and the sell
Florida-based Eastern Shipbuilding Group has won a contract to construct three double-ended 4,500 passenger ferries for The City of New York Department of Transportation (NYCDOT) and the Staten Island Ferry Division. The three Staten Island-Ollis Class Ferries are from a design provided by Elliot Ba
Finnish RoRo and RoPax operator Finnlines will lengthen four of its “Breeze series” ferries, with an option for two additional vessels, in response to increased demand. Finnlines has signed a contract with Remontowa S.A. shipyard in Gdansk, Poland where the actual work will commence in mid September
The images above show Egbert Wagenborg, a multipurpose ship (MPP) owned by Dutch shipowner and operator Royal Wagenborg, transiting the sea locks in Delfzijl. Egbert Wagenborg was towed from Royal Niestern Sander shipyard to the Port of Delfzijl. This ice-strengthened MPP vessel of the EasyMax type
Finnish technology group Wärtsilä has been contracted to provide both equipment and maintenance for floating storage and regasification unit (FSRU) and liquefied natural gas (LNG) carrier vessels of Norway based operator, Höegh LNG. Under a new five year technical management agreement, Wärtsilä will
Finland’s Containerships plc has secured EUR 16.9 million (USD 18m) to finance the project of implementing the use of liquefied natural gas (LNG) throughout the container shipping company’s logistics supply chain. Containerships has been awarded the funds by the European Union and the Nordic Environ
South Korea’s financially troubled Daewoo Shipbuilding & Marine Engineering (DSME) has won a contract to build three very large crude carriers (VLCCs) for the Greek shipping company Maran Tankers, part of the Angelicoussis Shipping Group. The contract for the three 318,000 dwt tankers is valued at U
Russia’s SCF Group (Sovcomflot) has signed an agreement with Shell Western LNG B.V. (Shell) for the supply of liquefied natural gas (LNG) to fuel the first Aframax crude oil tankers in the world to be powered by LNG. Under the deal, Shell will provide the LNG fuel for the new generation of SCF Group
NASDAQ-listed Dryships Inc has entered into agreements to acquire six vessels for a total gross price of USD 268 million. These vessels are comprised of one Aframax tanker built in 2012, three Kamsarmax drybulk vessels, one currently under construction and two built in 2014, and two very large gas c
Japan’s Kawasaki Heavy Industries (KHI) is to shift merchant ship construction from Japan to China and reduce the scale of its domestic business by 30% while trying to establish itself as a specialist for gas carriers and gas-powered vessels. The move comes following a slump in the shipbuilder’s Shi
Canadian shipping company Desgagnés Group has taken delivery of the M/T Damia Desgagnés, the first dual-fuel powered Canadian-flagged tanker and the first-ever asphalt carrier of this type. This asphalt-bitumen-chemical tanker is the first in a series of four carriers, custom-built according to an o
Italian shipbuilder Fincantieri has delivered Silver Muse, the new cruise ship built for Silversea Cruises, from its shipyard in Genoa Sestri Ponente. At 40,700 gross tons and the capacity to accommodate 596 passengers on board, Silver Muse represents an evolution of Silver Spirit, delivered in 2009
South Korea’s Hyundai Heavy Industries (HHI) Group plans to invest USD 1.8 billion in research and development (R&D) programs by 2021 through its newly established independent shipbuilding company – Hyundai Heavy Industries. Under the plan, the new HHI will invest in developing eco-friendly and smar
