M/V Auto Eco, the world’s first liquefied natural gas (LNG) -fueled pure car and truck carrier (PCTC) owned by Norway-based shipping firm United European Car Carriers (UECC), was named at the Port Zeebrugge, Belgium, on November 21, 2016. The new PCTC is the first of two sister ships built for UECC,
Finnish dry bulk shipping company ESL Shipping has entered into EUR 50 million (USD 52.9 million) agreements to finance its two 25,600 dwt Handy bulk carriers currently under construction at China’s Jinling Shipyard Nanjing. Signed with OP Corporate Bank Plc on November 24, the total value of the tw
One person died and another was injured in an accident at Blohm+Voss shipyard in Hamburg, Germany, on November 22, 2016. Both casualties are employees of a partner company, Blohm+Voss said. The first worker was found dead at the scene by the rescue team, while the other was seriously injured and was
Smart ships are likely to be carrying cargoes within 10 years but all in the logistics chain need to adapt in order to make good use of the new technology and the huge amount of data that will be available as a result, according to the Women’s International Shipping & Trading Association (WISTA) UK.
Ulsan-based shipbuilder Hyundai Mipo Dockyard has agreed to push the deliveries of four liquefied petroleum gas (LPG) carriers, the company said in a stock exchange filing. The delivery of two LPG carriers, which were scheduled to join their owner in late March 2017, was pushed by four months. The n
The labor union of South Korea’s shipbuilder Hyundai Heavy Industries (HHI) said that it would launch an industrial action as a response to the company’s plans to split its businesses, according to Yonhap News Agency. The union claims that the latest development in HHI’s plans to reorganize its busi
Finnish ferry company Viking Line has signed a letter of intent for a passenger vessel to be delivered in the spring of 2020 with the Chinese shipbuilder Xiamen Shipbuilding Industry. Under the agreement, the parties plan to sign a final deal for the construction of the ferry during the spring of 20
Norwegian RoRo shipping company Höegh Autoliners has named its sixth New Horizon class Pure Car Truck Carrier (PCTC) Höegh Trotter at China’s shipyard Xiamen Shipbuilding Industries. Höegh Trotter is the final vessel in a series of six Post-Panamax ships that Höegh Autoliners has taken delivery of w
The next generation of cruise ships moves from concept to construction today, as the first piece of steel is cut at the STX France shipyard for Celebrity Cruises’ newest ship Celebrity Edge. The cruise line, a brand subsidiary of Miami-based cruise company Royal Caribbean Cruises, said that the Cele
The Netherlands-based shipbuilder Ferus Smit has received an order to build up to four small handy bulk carriers for Irish shipping company Arklow Shipping, according to data provided by VesselsValue. Featuring 16,500 dwt each, two of the new bulkers are scheduled for delivery in the second half of
The labor union of South Korea’s financially troubled shipbuilder Daewoo Shipbuilding & Marine Engineering has agreed to the company’s restructuring plan, removing the final hurdle to the KRW 2.8 trillion (USD 2.3 billion) financial support, according to Yonhap News Agency. After it earlier converte
USD 1.6 billion is expected to be spent on modernization of the North Pacific fishing fleet in the next decade, with a possibility to bring more contracts to Puget Sound, a new report released by the Port of Seattle and the Washington Maritime Federation shows. Published on November 17, 2016, the re
Australia-based marine towage services provider KT Maritime, a joint venture of Kotug International and Teekay Shipping Australia, named RT Kuri Bay and RT Roebuck Bay, two Infield Support Vessels (ISVs), at ASL Shipyards in Singapore on November 9, 2016. The ISVs are purpose-built tugs that will su
China’s shipbuilder Dalian Shipbuilding Industry delivered the newly-built Very Large Crude Carrier (VLCC) Coswisdom Lake to its owner earlier in November, according to data by shipping services provider Clarksons. Featuring 308,019 dwt, the tanker has joined COSCO Shipping Energy Transportation’s f
