Rolls-Royce plans to lay off 800 more workers from it Marine business throughout 2016 and 2017 citing ”continuing weakness in the maritime market” as the reason for the third wave of job cuts at the division in less than a year. ”Today’s proposals follow a series of cost reduction initiatives carrie
The inauguration ceremony of the King Salman Global Maritime Industries Complex was held at Ras Al-Khair, near Jubail in Saudi Arabia, on November 29, 2016, South Korean shipbuilder Hyundai Heavy Industries (HHI) informed. Saudi Arabia’s King Salman bin Abdulaziz Al Saud laid the cornerstone of the
US-based Philly Shipyard (PSI) has delivered the American Endurance, the first of four 50,000 dwt product tankers being built for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan. The American Endurance is part of a USD 568 million agreement signed between Kinder Morgan and Philly Tan
Dutch-based exploratory Polar cruise operator, Oceanwide Expeditions, has ordered a 180-passenger, ice-strengthened ship at Brodosplit shipyard in Croatia. The ship, called the m/v Hondius, will be the strongest ice-strengthened vessel in the Polar regions once delivered in the first half of 2019, a
Italian shipbuilder Fincantieri has held the handover ceremony of Seabourn Encore, the first of two ultra-luxury cruise ships ordered by US-based cruise line Seabourn, at the Marghera shipyard in Venice. The new cruise ship features a length of 210 meters and a width of 28 meters and is able to acco
The Netherlands-based BigRoll Shipping has taken delivery of the third of four MC-Class module carriers, the BigRoll Baffin, from the Cosco Dalian Shipyard in China. The first BigRoll vessel, the BigRoll Barentsz, was handed over in April 2016 and has started serving the Yamgaz consortium of Technip
Singapore-based owner and operator of pressurised gas carriers, Epic Gas Ltd, has taken delivery of the third in the company’s series of four owned 11,000 cbm liquefied petroleum gas (LPG) carriers ordered at Kyokuyo Shipyard, Japan. The LPG carrier Epic Samos was delivered on November 30, 2016, Epi
Owner and operator of liquefied natural gas (LNG) carriers Teekay LNG Partners held a steel cutting ceremony for Rudolf Samoylovich, an LNG icebreaker, at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea on November 22, 2016. Rudolf Samoylovich is Teekay’s second of six
Gibraltar-based shipyard Gibdock has welcomed back the cruise ship Thomson Majesty, the Thomson-operated vessel owned by Louis Cruises, for repair and renewal works. The project involved two weeks in Gibdock’s No. 1 dock for the 207 meter long vessel within a fixed schedule, after Thomson Majesty ca
Italian shipowner Caronte & Tourist has selected the Bergen-based ship designer LMG Marin for the design of the company’s new liquefied natural gas (LNG)-fueled large double-ended ferry. The LMG 290-DEG design, which is 133 meters long and 21,5 meters wide, will have capacity for 290 cars on two veh
Geneva-based cruise line MSC Cruises and Italian shipbuilder Fincantieri celebrated the float-out of MSC Seaside, the first of the two “Seaside” class mega-ships ordered by the company, at the shipyard in Monfalcone on November 26, 2016. MSC Seaside is scheduled to enter service between June and Dec
Petroleum products shipping company Navig8 Product Tankers Inc. has taken delivery of a 74,000 dwt LR1 tanker, the Navig8 Prestige, from South Korean shipbuilder SPP Shipbuilding. Navig8 Prestige is the last of four vessels contracted at SPP to be delivered to the company. The tanker will be entered
Readers’ Picks of the Week (November 21 – 25, 2016)
Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has taken delivery of its fourth 49,000 dwt chemical tanker from South Korean shipbuilder STX Offshore & Shipbuilding. Navig8 Tanzanite is the final 49,000 dwt IMO2 Interline-coated tanker in the compan
