Spanish ferry operator Baleària has developed a plan to invest up to EUR 450 million (USD 478.4 million) into new vessels and smart terminals over the next five years. In an effort to gain competitiveness, the company said that the investment would go into the construction three new liquefied natura
Swedish ferry company Stena Line revealed plans to locate the four new roll-on/roll-off passenger (RoPax) ships being built by China’s AVIC shipyard on the Irish Sea routes to and from Belfast. “The routes to and from Belfast are strategically very important to Stena Line and during the last number
The first purpose-built liquefied natural gas (LNG) bunkering vessel Engie Zeebrugge has been delivered from Hanjin Heavy Industries at the Yeongdo shipyard in Busan, Korea. Handed over to the Japanese shipping company Nippon Yusen Kaisha (NYK Line), French multinational electric utility company ENG
The second of three new liquefied natural gas (LNG) -powered Salish Class vessels, ordered by Canadian ferry owner and operator BC Ferries, departed Gdansk, Poland on February 11 bound for its new home in British Columbia. Currently sailing the 10,440-nautical-mile journey, Salish Eagle is expected
Two new cruise ships, being built for Hamburg-based cruise company TUI Cruises, have entered the next stage of construction at Finnish Meyer Turku shipyard. Namely, the shipbuilder held a keel laying ceremony for the company’s new Mein Schiff 1 and launched the construction of new Mein Schiff 2 at i
Greece-based Chartworld Shipping Corporation has placed an order for two Capesize vessels at China’s Jinhai Heavy Industries, according to data provided by VesselsValue. Featuring 208,000 dwt, the new bulk carriers are scheduled for delivery in 2019. The Greek shipowner is reportedly paying 38.5 mil
Readers’ Picks of the Week (February 6 – 10, 2017)
All hazardous waste generated at Alang shiprecycling facilities is being disposed of “in a safe and environmentally sound manner” in Gujarat Pollution Control Board authorized Treatment, Storage and Disposal Facility (TSDF) site, India’s Ministry of Shipping informed. Operated by Gujarat Maritime Bo
Maersk Tankers, part of the Danish shipping conglomerate Maersk, has confirmed an order it placed earlier in 2016 for the construction of ten LR2 product tanker vessels at China’s Dalian Shipyard. Under the deal, the shipbuilder is scheduled to deliver the new tankers over a period of three years, w
Canada-based ferry owner and operator BC Ferries will send its newest vessel, Salish Orca, to conduct a series of sea trials as part of operational training and to verify the interface with docks at the company’s terminals. Over the next month, Salish Orca, the first of the company’s three liquefied
Hyundai Heavy Industries (HHI) has reported a net profit of KRW 682.3 billion (USD 596.6 million) for the full year of 2016, returning from a loss of KRW 1.36 trillion (USD 1.18 billion) seen in the full year 2015. The company’s operating profit also marked a turnaround as it stood at KRW 1.64 trill
Norwegian shipowner Ocean Yield ASA has taken delivery of MSC Rifaya, a 19,500 TEU containership, from South Korean shipbuilder Samsung Heavy Industries (SHI). Following the delivery which took place on February 9, 2017, the ultra large container vessel (ULCV) commenced a 15-year bareboat charter to
Three newbuildings owned by Norwegian shipping company Torvald Klaveness will get Octopus marine software system, which will help them meet incoming emission regulations, power and automation technology group ABB informed. The three combination carriers are currently under construction at China’s Ji
US-based Excelerate Energy has signed a Letter of Intent (LOI) with South Korean Daewoo Shipbuilding and Marine Engineering (DSME) for the delivery of up to seven floating storage and regasification units (FSRUs). The company said that the initial specifications for the ships include a capacity of 1
