Taiwan’s shipping company Wisdom Marine Lines has placed an order for two Ultramax bulk carriers at Japanese shipyard Imabari Shipbuilding, according to data provided by VesselsValue. The two ECO bulkers, which would feature 63,000 dwt, are scheduled to join their new owner in 2019. The company orde
Monaco-based tanker owner Scorpio Tankers has entered into a a loan facility with Nordea Bank Finland Plc, New York Branch, in an effort to refinance indebtedness on up to 20 product tankers and provide finance for the company’s general corporate purposes. Signed on August 30, the loan is for up to
The international classification society Bureau Veritas is to class the first containership LNG-fuel conversion to be undertaken on one of 1,036 TEU container vessels operated by Germany-based Wessel Reederei. The project is sponsored by the German Ministry of Transport and partners are Wessels Reed
GE’s Marine Solutions and China’s Hudong-Zhonghua Shipbuilding have received approval in principle (AIP) from the America Bureau of Shipping (ABS) for a jointly developed liquefied natural gas (LNG) carrier design to be powered by GE’s Combined Gas Turbine Electric and Steam (COGES) system. The 178,
Classification society DNV GL and Peace Boat, the Japan-based international non-profit NGO, inked a memorandum of understanding (MoU) at SMM maritime trade fair in Hamburg on September 6, forming a partnership to develop the Ecoship cruise ship. According to DNV GL, the MoU will see the partners wor
Miami-based cruise company Carnival Corporation & plc signed a memorandum of agreement with German and Finnish shipbuilders Meyer Werft and Meyer Turku to deliver three additional cruise ships that will be fully powered by liquefied natural gas (LNG). Two of the new LNG-powered ships, which will be
Swiss-based cruise line MSC Cruises has revealed the name of its second Meraviglia-generation mega cruise ship, the MSC Bellissima. The MSC Bellissima is being built at STX France’s shipyard in Saint-Nazaire and will come into service in spring 2019, according to MSC Cruises. The announcement was ma
Finnish ship designer Deltamarin is to provide its compatriot Rauma Marine Constructions (RMC) Oy shipyard with design services worth EUR 3 million (USD 3.3 million) for a RoPax vessel to be built for the Danish ferry operator Mols-Linien A/S. The work will be carried out at Deltamarin’s offices in
Belgian LNG and LPG carrier owner and operator Exmar NV and tank storage provider Royal Vopak have launched exploratory discussions on the possibility of an acquisition of Exmar’s share in its floating LNG storage and regasification business by Vopak. The parties have not disclosed any further detai
Hanjin Files for Court Receivership, HMM to Buy Its Assets The financially troubled Hanjin Shipping has succumbed to the prolonged depression in the shipping market as the South Korean carrier decided to file for court receivership… Read More Interview: More Boxships Set to Join Scrap Markets in 4Q
Sweden’s Port of Gothenburg will undertake its first ever liquefied natural gas (LNG) bunkering operation on September 3, the port said. The first ship to bunker LNG is the newly-constructed 15,000 dwt chemical tanker M/T Ternsund, operated by the Swedish Donsö-based company Tärntank Ship Management
Another shipbreaking worker died following an accident which occurred at Bangladesh’s shipbreaking yard K.R Ship Yard, located on the sea coast of Sitakunda, NGO Shipbreaking Platform’s Executive Director, Patrizia Heidegger, confirmed to World Maritime News. The 30-year-old Mohammed Raju died after
Swedish ferry operator Stena Line has selected Hamburg-based marine engine builder Caterpillar Marine to supply engines for its four 3100 LM RoPax ferries. Each ferry will be equipped with two MaK™ 12 M 43 C propulsion engines. In addition to the engines and required gear boxes, Caterpillar will sup
The Canadian shipping company Algoma Central Corporation has collected USD 29.1 million being the final refund guarantee related to the cancellation of the four shipbuilding contracts with China’s shipbuilder Nantong Mingde Heavy Industries Co. Ltd. “The collection of this final refund guarantee bri
