Indian Cochin shipyard and French containment systems specialist Gaztransport & Technigaz (GTT) have signed an agreement that will enable the yard to construct India’s liquefied natural gas (LNG) carriers. In a deal signed on Monday, Cochin received a license by GTT for the construction of LNG carri
South Korean shipbuilder Hyundai Heavy Industries has signed a contract for the construction of another LPG carrier with its compatriot chemical shipping company KSS Line. The order for the 84,000 cbm carrier, signed today, has secured the company an orderbook of total of thirteen carriers to be con
Chinese state-owned shipping operator China Merchants Energy Shipping (CMES) has signed building contracts for further six of its planned ten very large crude carriers (VLCC). The vessels, which will feature 308,000 dwt, will be built by Dalian Shipbuilding Industry Group, a joint venture shipyard c
The departure of the new Scandlines ferry M/V Berlin, which will be inserted on the ferry route between Rostock, Germany and Gedser, Denmark, from Danish yard Fayard has been delayed. According to Scandlines, works on the completion of the ferry are underway, however, the delay is partly due to a da
India’s Cochin shipyard is set to become the first domestic shipbuilder to build the country’s liquefied natural gas carriers (LNG) priced at USD 200 million each. Cochin Shipyard LTD has reportedly partnered with French Gaztransport & Technigaz (GTT) to build the LNG carrier containment system, the
Oslo-listed Ocean Yield ASA has agreed to certain amendments to the charter agreements with Höegh Autoliners (Höegh) for four PCTC vessels on long term charter. Ocean Yield currently has two newbuilding PCTC vessels of 8,500 CEU capacity under construction at Xiamen Shipbuilding Industry Co. Ltd. Th
Singapore-based ship owner U-Ming Marine Transport has taken delivery of its new 188,000 dwt bulk carrier M/V Cape Success from Shanghai Waigaoqiao Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC). U-Ming Marine said that the vessel, which features a length of 299.8 meters a
A new 540 TEU container carrier, featuring a forward accommodation block designed to reduce wind resistance, has been delivered to Kobe-based coastal feeder transporter Imoto Lines. Ordered by the company in February 2014, the vessel, named Natori, was constructed at Kyokuyo Shipyard, Yamaguchi, Jap
International dry bulk shipowners seem only to scrap ships aged eighteen years or older, while some Chinese owners have scrapped ships that were even younger than that, according to the Baltic and International Maritime Council (BIMCO). Nineteen ships out of 28 ships built in 1998 to 1999 and demoli
Dolphin Resorts to Bankruptcy Norwegian Dolphin Group ASA together with its subsidiary Dolphin Geophysical AS will today file a petition for bankruptcy with their relevant courts having succumbed to d… Read More Six Missing After Collision in Singapore Strait Six crew members are missing after a Cay
New York-listed Ship Finance International Limited has agreed to build two 114,000 dwt LR2 oil product carriers at an undiclosed shipyard in Korea. The vessels are scheduled to be delivered during the second half of 2017 and will thereafter commence long term time-charters to a US based investment-g
Shell Trading Rotterdam BV (Shell) has signed a charter agreement with Plouvier Transport and Intertrans Tankschiffahrt for fifteen new dual-fuel barges, running mainly on Liquefied Natural Gas (LNG). The new barges are being built by the Dutch shipyard VEKA Shipbuilding BV and will be used for expa
A contract for construction of a Capesize bulk carrier at Hanjin Heavy Industries & Construction Holdings (HHIC) of Korea has been cancelled, the shipyard said. According to the shipbuilder, the undisclosed Liberian-based owner has cancelled the order having been faced with financial difficulties. B
Almost a dozen shipyards have been added to China’s White List of shipbuilders that are set to enjoy financial support from the state in the forthcoming period, the country’s Ministry of Industry and Information Technology informed. The 11 shipyards join the 60-strong list and include Jiangsu Yangzi
