North America’s first LNG bunker barge is scheduled to be launched in February of 2016, according to Clean Marine Energy LLC (CME). The announcement was made following a US Coast Guard (USCG) and Society of International Gas Tanker and Terminal Operators (SIGTTO) hosted tour at Conrad Shipyard in Or
Despite a marginal deterioration in the growth outlook for the global shipbuilding industry, annualized five-year growth rates for the sector are still forecast to reach a healthy 3 to 5%, before picking up substantially after 2017, according to Castrol Marine Trade Barometer. The barometer predicts
Liberian-flagged Elbtank Italy chemical tanker, owned by German TB Marine Shipmanagement has been reincarnated as Maersk Arctic at Polish ship repair company Remontowa S.A. The ship entered the yard early November for an overhaul only to depart the yard featuring a new livery-the Maersk blue, a new
Brazilian shipbuilder Estaleiro Ilha S.A. (Eisa) has filed for bankruptcy having struggled for months with order cancellations and industry downturn. The announcement comes one day after the shipyard closed its doors due to money shortage that saw the shipbuilder lay off 3,000 of employees. The bank
The world’s first floating liquefied natural gas (FLNG) project, being constructed for oil and gas major Shell, continues to take shape at a top speed. The video shows the final stages of construction of the world’s biggest floating production facility that marked this year along with the preparatio
Three new 21,800 dwt chemical tankers, being built for Swiss-Canadian Maritime Ltd, will feature integrated propulsion and power generation systems from Finnish engineering company Wärtsilä. The 153 metre long tankers, under construction at two different shipyards in Vietnam, will be managed by Swit
Norwegian shipping company Torvald Klaveness has ordered three 83,500 dwt combination carriers from Chinese shipbuilder Jiangsu New Yangzi Shipbuilding. According to the company, the carriers are expected to join Klaveness’ fleet during the second half of 2018. The contract includes options for furt
Ship recycling facilities in Gujarat, India, Shree Ram Vessel Scrap Pvt. Ltd and Leela Ship Recycling Pvt. Ltd have received Statement of Compliance from classification society ClassNK, verifying that the facilities are in line with the Hong Kong International Convention for the Safe and Environment
Russian shipbuilder Vyborg Shipyard, part of United Shipbuilding Corporation, laid the keel for the first of two icebreakers for Gazprom Neft on December 14, 2015. The icebreaking support vessel will boast maximum icebreaking capability and considerable manoeuvrability with comparatively shallow dra
State-owned shipping operator China Merchants Energy Shipping (CMES) has signed building contracts for four of its planned ten very large crude carriers (VLCC). Two 308,000 dwt vessels will be built by Nantong Cosco KHI Ship Engineering (NACKS) and Dalian Cosco KHI Ship Engineering (DACKS), two join
A fire broke out on Friday evening on board a US-flagged self-unloader Alpena, undergoing a two-week maintenance at Bay Shipbuilding Co, a Sturgeon Bay, Wisconsin-based shipbuilding arm of Fincantieri. Four people were injured during the firefighting activities, two shipyard workers and firefighters
California-based shipbuilder General Dynamics NASSCO launched the first ship in a series of ECO Class tankers for the SEA-Vista fleet on Saturday at the company’s shipyard in San Diego. The 50,000 dwt ship, named the Independence, was built for SEA-Vista, a partnership between SEACOR Holdings Inc. a
Dutch shipbuilder Ferus Smit launched Nordana Sea, the third vessel in a series of six being built for its compatriot shipping company Symphony Shipping BV, on December 11, in Leer, Germany. The 10,500 dwt cargo vessel will be chartered out to the Danish shipping company Nordana, and sail in its fle
Tanker shipping company Petrobras Transportes S.A. (Transpetro), a logistics arm of Brazilian state-run energy group Petrobras, has terminated the contracts for two Liquefied Petroleum Gas (LPG) carriers on order from Vard Promar S.A., a 50.5% owned indirect subsidiary of Vard Holdings. The vessels
