ICBC Financial Leasing Co has disclosed the names of builders of its ten 400,000 dwt VLOCs intended to transport iron ore from Brazil to China under a recently sealed deal with Brazilian mining conglomerate Vale. Six Valemaxes are to be built by China’s privately-owned Yangzijiang Shipbuilding where
The first clean-burning, fuel-efficient vessels, equipped with the MAN B&W ME-LGI 2-stroke dual fuel engines that can run on methanol, fuel oil, marine diesel oil, or gas oil, will start joining the shipping market in April. Two out of a batch of seven 50,000 dwt ships will join their owners Westfal
The Oslo-listed Ocean Yield ASA has taken delivery of a 49,000 dwt IMO II chemical tanker Navig8 Turquoise from Korean shipbuilder STX. This is the fifth vessel delivered in a series of total eight chemical tankers that will be chartered to Navig8 Chemical Tankers under a 15-year “hell and high wate
Maersk Tankers, tanker arm of the Danish shipping conglomerate Maersk, christened two more newbuilds at Sungdong Shipyard in Tongyong, South Korea, on Friday, April 8th. Named Maersk Teesport and Maersk Tianjing, the 50,000 DWT Medium Range (MR) duo join their sister ship Maersk Tangier that was del
The Netherlands-based Big Roll Shipping has taken delivery of the first of four Module Class Carriers, the BigRoll Barentsz. As featured in the photo above, the deck of the vessel is completely flush and can be used over the full length and beam for loading, discharging and stowage. The Barentsz was
Western Australian-based shipbuilder Strategic Marine, a part of Triyards Holdings Limited (TRIYARDS), has secured a new contract with Dutch ferry operator Rederij Doeksen for the construction of two LNG-powered aluminium catamarans. The contract is worth approx. USD 50.1 million (EUR 44 million). D
Miami-based cruise line giant Royal Caribbean Cruises took delivery of its 24th ship, Ovation of the Seas, from the German shipbuilder Meyer Werft on April 8. Ovation of the Seas is the third Quantum-class vessel, after Quantum of the Seas and Anthem of the Seas, built at Meyer Werft. The ship will
Oslo-listed ship owning company Ocean Yield ASA has received a commitment letter from a group of banks for a USD 202.5 million credit facility for the financing of the three liquefied ethylene gas carriers. The three LEG carriers of 36,000 cbm capacity, being built at Sinopacific Offshore & Engineer
Drewry: Big Ship Obsession Could Be Diminishing The drop in newbuild containership orders could be continued as container shipping companies seem to be running out of profitable trades to deploy their big ships, in… Read More Port Automation: Smart, Smarter, Smartest! The global container handing eq
Navig8 Chemical Tankers has signed sale and leaseback agreements with Bank of Communications Financial Leasing (BCFL) for four IMO2 49,000 DWT Interline coated medium range tankers being built at STX Offshore & Shipbuilding. The four vessels from South Korean shipbuilding company have contractual de
The Chinese state-owned shipping operator China Merchants Energy Shipping (CMES) has named its new bulk carrier Pacific Talisman at Dalian COSCO KHI Ship Engineering (DACKS). Featuring a weight of 61,000 tons, the new bulker is equipped with energy saving technology, according to its owner. With the
Eight new 13,500 TEU container vessels being built for China Shipping Container Lines (CSCL) at Chinese Hudong-Zhonghua shipyard are to be powered by 32 Wärtsilä Auxpac 32-generating sets. The order was placed in March 2016 with Wärtsilä’s joint venture company, CSSC Wärtsilä Engine Co (CWEC). Wärts
Swedish tanker owner Terntank Rederi A/S held a naming ceremony for the first two of its four newbuilds on March 26 at AVIC Dingheng Shipbuilding in China. The two vessels, M/T Ternsund and M/T Ternfjord, are dual-fuelled 15,000 dwt product tankers, running on both LNG and diesel. The company says t
Japanese shipping company Mitsui O.S.K. Lines (MOL) has presented the hull design for its next-generation car carrier FLEXIE that will be constructed at Minaminippon Shipbuilding Co. and is slated for delivery in 2017. MOL says the rounded bow shape is going to minimize wind resistance and is expect
