Greek dry bulk ship owner Diana Shipping has reached an agreement to reduce the contract price and change the delivery date for two Newcastlemax dry bulk carriers currently under construction in China. Namely, the company signed two addenda with China Shipbuilding Trading Company, Limited and Jiangn
Greek owner and operator of drybulk and container carriers Euroseas has signed an agreement to acquire an Ultramax drybulk carrier from China’s Dayang shipyard. The 63,500 dwt newbuilding Hull DY160 is expected to be delivered in January 2017, subject to a successful inspection by the company by lat
French shipping company Brittany Ferries has signed a letter of intent (LOI) with German Flensburger Schiffbau shipyard for the construction of a new ship powered by liquefied natural gas (LNG). A final contract for the 1,680-passenger ferry is expected to be signed in spring 2017. Following the agr
The NGO Shipbreaking Platform has called on the owner of the iron ore bulker Berge Stahl and the Dutch authorities to ensure the responsible recycling of the 30-year-old vessel. Berge Stahl, owned by Singapore-based dry bulk owner Berge Bulk, has called at Rotterdam’s ore terminal 249 times over the
Italian shipbuilding company Fincantieri and Virgin Voyages, a part of Virgin Group of companies, have finalized ship construction contracts valued at around EUR 2 billion (USD 2.07 billion). Under the agreement, the first three cruise ships ordered by the cruise line will be built at the shipyard i
Norwegian transport conglomerate Fjord1 is looking to expand its fleet as it ordered three electric ferries from its compatriot shipbuilder Havyard Ship Technology in Leirvik. Havyard Ship Technology said that the work and construction of these ferries starts immediately, and the first vessel is due
Greek shipping company Evalend Shipping has bought three resale Panamax bulk carriers currently under construction at China’s Jiangsu New Yangzijiang shipyard, which were initially ordered by its compatriot Paragon Shipping, VesselsValue’s data shows. The vessels in question are the 82,100 dwt Inspi
German-Danish ferry operator Scandlines’ second new hybrid ferry for the Rostock-Gedser route left the Danish shipyard Fayard on December 19, 2016. According to the company, M/V Copenhagen is scheduled to go into operation on December 21 from Gedser in Denmark. Christened in late October, the new fe
The video below shows the float-out of the first mega block of World Dream, the new cruise ship being built for Asian cruise line Dream Cruises at Meyer Werft shipyard in Papenburg, Germany. The 151,300 gross ton newbuilding is scheduled for delivery in fall 2017, according to Meyer Werft. With a le
FMG Nicola, the first of eight very large ore carriers (VLOCs) ordered in 2014 by Australian iron ore company Fortescue Metal Group (Fortescue), has arrived in the country’s Port Hedland completing its maiden voyage from China. The 260,000 dwt FMG Nicola is the first of four VLOCs currently under co
San Diego-based shipbuilder General Dynamics NASSCO christened the Liberty, the third ECO Class tanker under contract with SEA-Vista LLC on December 17. The 610-foot-long, 50,000 deadweight ton, liquefied natural gas-conversion-ready ECO Class tanker is the third out of three tankers ordered by SEA-
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has won a contract to build a liquefied natural gas floating storage regasification unit (LNG FSRU) for the Greece-based Maran Gas Maritime, part of the Angelicoussis Shipping Group. The contract includes the 173,400 cbm LNG FS
China Cosco Shipping Group has integrated all of its shipbuilding assets into one unit – Cosco Shipping Heavy Industry (CSHI). The state-owned China Cosco Shipping is a merged entity of China Ocean Shipping (Group) Company (Cosco) and China Shipping (Group) Company (China Shipping). Cosco owns six s
The cruise industry is expected to introduce a total of 97 new cruise ships from 2017-2026 totaling an estimated investment of USD 53 billion through 2026, Cruise Lines International Association (CLIA) reports in its 2017 State of the Cruise Industry Outlook. In 2017 alone, cruise lines are schedule
