South Korea’s Hanjin Heavy Industries & Construction (HHIC) and international classification society Lloyd’s Register (LR) have completed a joint project to develop a 30,000 cbm LNG carrier design featuring bi-lobe type ‘C’ tanks suitable for small-scale and coastal LNG trading. LR says that the ves
South Korean shipbuilder Samsung Heavy Industries Co., Ltd. held a keel laying ceremony on October 26, 2015 of the lead 42, 000 dwt Arctic shuttle oil carrier being built for Russian shipping company PAO Sovcomflot. All the 42К Arctic Shuttle tankers in the series of six ships will be named after th
South Korean shipbuilder Samsung Heavy Industries Co., Ltd. held a keel laying ceremony on October 26, 2015 of the lead 42, 000 dwt Arctic shuttle oil carrier being built for Russian shipping company PAO Sovcomflot. All the 42К Arctic Shuttle tankers in the series of six ships will be named after th
Dutch multinational banking and financial services corporation ING Group, which is also one of the key global shipping financiers, has signed a USD 1 billion MoU with The Export-Import Bank of China. As agreed in the MoU, ING and Eximbank expressed interests in cooperating on future Chinese ship fin
Dutch multinational banking and financial services corporation ING Group, which is also one of the key global shipping financiers, has signed a USD 1 billion MoU with The Export-Import Bank of China. As agreed in the MoU, ING and Eximbank expressed interests in cooperating on future Chinese ship fin
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), the second biggest shipbuilder in the world, posted KRW 1.35 trillion (USD 1.2 billion) net loss for the quarter ended September 30, as falling number of newbuilding orders and further delivery delays in its offshore segment continued th
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), the second biggest shipbuilder in the world, posted KRW 1.35 trillion (USD 1.2 billion) net loss for the quarter ended September 30, as falling number of newbuilding orders and further delivery delays in its offshore segment continued th
Houston-based classification society American Bureau of Shipping (ABS) has been selected to class two 174,000 cbm LNG carriers currently under construction for South Korea’s SK Shipping and chartered out to Korea Gas Corporation (Kogas) . The agreement brings the number of LNG carriers to be built t
Houston-based classification society American Bureau of Shipping (ABS) has been selected to class two 174,000 cbm LNG carriers currently under construction for South Korea’s SK Shipping and chartered out to Korea Gas Corporation (Kogas) . The agreement brings the number of LNG carriers to be built t
Damen-built 80-metre ice class RoPax ferry MV Veteran was handed over to the Government of Newfoundland and Labrador (GNL) in St. John’s, Newfoundland, Canada on 23 October 2015. The vessel will start services from Fogo Island and Change Islands before the end of November. Announcing the arrival of
Damen-built 80-metre ice class RoPax ferry MV Veteran was handed over to the Government of Newfoundland and Labrador (GNL) in St. John’s, Newfoundland, Canada on 23 October 2015. The vessel will start services from Fogo Island and Change Islands before the end of November. Announcing the arrival of
The National Shipping Company of Saudi Arabia (Bahri) announced today that its Board has approved the purchase of two second hand Very Large Crude Carriers (VLCC), Blue Topaz and Blue Pearl. The contract is worth a total of USD 157 million. The VLCC duo was built in 2010 at Daewoo Shipbuilding & Mar
The National Shipping Company of Saudi Arabia (Bahri) announced today that its Board has approved the purchase of two second hand Very Large Crude Carriers (VLCC), Blue Topaz and Blue Pearl. The contract is worth a total of USD 157 million. The VLCC duo was built in 2010 at Daewoo Shipbuilding & Mar
Liquefied petroleum gas shipping company Dorian LPG Ltd. has taken delivery of the ECO very large gas carrier (VLGC) Cheyenne from Korean shipbuilder Hyundai Samho Heavy Industries (SHI). The Cheyenne features 84,000 cbm in capacity and is equipped with an ME-G Type engine. It is Dorian LPG’s 13th n
