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Shipbuilding

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Business & FinanceNews
World’s 2nd LNG-Powered Boxship Joins TOTE Maritime
Shipbuilding

World’s 2nd LNG-Powered Boxship Joins TOTE Maritime

The world’s second containership to be powered by liquefied natural gas (LNG), the Perla Del Caribe, has been delivered to the US-based shipping company TOTE Maritime. Built by General Dynamics NASSCO, a part of General Dynamics, the ship was delivered two months ahead of schedule and is the sister

about 10 years ago
BIMCO: 40m of Dry Bulk Tonnage to Be Scrapped in 2016
Shipbuilding

BIMCO: 40m of Dry Bulk Tonnage to Be Scrapped in 2016

Dry bulk shipping capacity of 40 million DWT will be sold for demolition during 2016, making this year the busiest year on record for shipbreaking, according to BIMCO’s forecasts. The prediction comes on the heels of a yet another miserable year start for the industry sector with eroding freight rat

about 10 years ago
Spotted: Esvagt Njord Stands Tall
Shipbuilding

Spotted: Esvagt Njord Stands Tall

Esvagt’s newbuild offshore service vessel Esvagt Njord has been freshly launched today at Nauta Shiprepair Yard, Poland, marking the first vessel launching at the yard for this year. The partially outfitted OSV features 84 meters in length and over 17 meters in width. Once completed, Esvagt Njord wi

about 10 years ago
Fifth IMOIIMAX Joins Stena Bulk’s Fleet
Shipbuilding

Fifth IMOIIMAX Joins Stena Bulk’s Fleet

Swedish tanker shipping company Stena Bulk has taken delivery of its new IMOIIMAX chemical and product tanker Stena Imperative from the Chinese shipyard CSSC Offshore & Marine Engineering (CSSC OME) in Guangzhou. Featuring 18 tanks, each with a capacity of 3,000 m3, the vessel has extra large cargo

about 10 years ago
Aurora LPG Nets USD 200m Loan for Its Newbuildings
Shipbuilding

Aurora LPG Nets USD 200m Loan for Its Newbuildings

Oslo-listed Aurora LPG Holding ASA has concluded a USD 200 million loan facility with ABN AMRO Bank N.V. (ABN) and Korea Eximbank (Kexim). The loan has been secured for four vessels under construction at South Korean shipbuilder Hyundai Heavy Industries, the Norwegian LPG tanker owner said. “With th

about 10 years ago
Vroon Adds Vessel Duo from Cosco Guangdong
Shipbuilding

Vroon Adds Vessel Duo from Cosco Guangdong

Dutch shipping company Vroon has taken delivery of the fifth in a line of seven livestock carriers being built for the company by the Chinese Cosco Guangdong Shipyard. The carrier, named Gloucester Express, features a length of 134.8 meters and a breadth of 19.6 meters. Vroon said that the newbuildi

about 10 years ago
NYK Line Takes Delivery of New Coal Carrier
Shipbuilding

NYK Line Takes Delivery of New Coal Carrier

Japanese shipping company Nippon Yusen Kaisha (NYK Line) took delivery of a new 90,781 dwt coal carrier, Shin Sekiyo, from Nagasaki-based shipyard Oshima Shipbuilding Co. Ltd. on January 15. After delivery, Shin Sekiyo, the successor to the first Sekiyo operated by NYK, will be assigned to transport

about 10 years ago
Bangladeshi Ship-Breaking Yard Claims Another Victim
Shipbuilding

Bangladeshi Ship-Breaking Yard Claims Another Victim

A worker died at a Bangladeshi ship-breaking yard in Sitakunda Upazila in the Chittagong District, in the morning hours of January 19 as he was hit by an iron bar falling from a ship, the NGO Shipbreaking Platform confirmed to World Maritime News. The deceased has been identified as a 50-year-old re

about 10 years ago
Spotted: Revamped ms Eurodam Flaunts New Amenities
Shipbuilding

Spotted: Revamped ms Eurodam Flaunts New Amenities

Holland America Line’s ms Eurodam re-entered service Dec. 20, 2015, following a scheduled 14-day dry dock in the Bahamas. The guests were introduced to several new concepts, including new Lincoln Center Stage, in partnership with Lincoln Center for the Performing Arts, showcasing an ensemble perform

about 10 years ago
Third LR2 Tanker Joins Navig8 Product Tankers
Shipbuilding

Third LR2 Tanker Joins Navig8 Product Tankers

Shipping company Navig8 Product Tankers, part of Navig8 Group, has taken delivery of its third LR2 110,000 dwt product tanker from South Korean shipbuilder Sungdong Shipbuilding & Marine Engineering Co., Ltd. The new vessel, named Navig8 Solace, will be entered into and operated in the Alpha8 commer

about 10 years ago
NYK Line Charters Out Wood-Chip Carrier Newbuild
Shipbuilding

NYK Line Charters Out Wood-Chip Carrier Newbuild

Japanese shipping company Nippon Yusen Kaisha (NYK Line) has concluded a long-term contract with compatriot Hokuetsu Kishu Paper Co for a new wood-chip carrier. The new wood-chip carrier will be built by Japanese shipbuilder Oshima Shipbuilding Co. and delivered in 2018, NYK said in a release. Based

about 10 years ago
Siem Shipping Charters Reefer Newbuild Duo
Shipbuilding

Siem Shipping Charters Reefer Newbuild Duo

Oslo-listed Siem Shipping Inc informed that it has reached an agreement with an undisclosed Japanese owner to time-charter two new reefer vessels for minimum 5 years. The vessels will be built at the Shikoku Dockyard in Japan and will have a capacity of 650,000 cbft in their refrigerated holds, plus

about 10 years ago
Guangzhou Hangtong Bags Two
Shipbuilding

Guangzhou Hangtong Bags Two

China’s shipbuilder Guangzhou Hangtong Shipbuilding and Shipping Co is starting the new year with an order for two 78,000 dwt oil tankers. The shipyard did not disclose the owner of the ships nor the perspective delivery dates. The only detail disclosed apart from the fact that the order has been pl

about 10 years ago
Gallery: Mein Schiff 5 Floated Out, Ready for Final Touches
Shipbuilding

Gallery: Mein Schiff 5 Floated Out, Ready for Final Touches

Finland-based Meyer Turku Shipyard floated out on Friday 15 January, the first ship being contracted and built totally under the ownership of the Meyer family, the Mein Schiff 5. Mein Schiff 5 is a sister ship of Mein Schiff 4, which was handed over to its owner TUI Cruises last spring. Acording to

about 10 years ago
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