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
New York-based short sea container shipping operator Green Shipping Line (GSL) and Moran Iron Works (MIW) have signed a teaming agreement to construct Jones Act feeder vessels for the U.S. coastal trade. GSL says that the company plans to build these feeders to ”offer shippers reliable, economic and
New York-based short sea container shipping operator Green Shipping Line (GSL) and Moran Iron Works (MIW) have signed a teaming agreement to construct Jones Act feeder vessels for the U.S. coastal trade. GSL says that the company plans to build these feeders to ”offer shippers reliable, economic and
Japanese shipbuilder Mitsui Engineering & Shipbuilding (MES) delivered a 60,000 dwt type bulk carrier MV STH London to the Marshall Islands-based Sea Trade Holdings Inc. The bulker was delivered to its owner at Chiba Works on October 27. This is the sixth ship of the shipbuilder’s ”neo60BC” eco-ship
Japanese shipbuilder Mitsui Engineering & Shipbuilding (MES) delivered a 60,000 dwt type bulk carrier MV STH London to the Marshall Islands-based Sea Trade Holdings Inc. The bulker was delivered to its owner at Chiba Works on October 27. This is the sixth ship of the shipbuilder’s ”neo60BC” eco-ship
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) reported a net loss of KRW 451.4 billion (USD 398.4 million) in its earnings report for the third quarter of 2015. According to the disclosure, 3Q sales came in at KRW 10.9184 trillion and operating loss at KRW 678.4 billion. On a quarte
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) reported a net loss of KRW 451.4 billion (USD 398.4 million) in its earnings report for the third quarter of 2015. According to the disclosure, 3Q sales came in at KRW 10.9184 trillion and operating loss at KRW 678.4 billion. On a quarte
Korea-listed shipbuilding major Samsung Heavy Industries (SHI) reported a net profit of KRW 51 billion (USD 45 million) for the third quarter of 2015. According to Bloomberg, Samsung Heavy’s net income more than doubled analysts’ estimates. As reported, SHI’s profit was also attributed to a payment
Korea-listed shipbuilding major Samsung Heavy Industries (SHI) reported a net profit of KRW 51 billion (USD 45 million) for the third quarter of 2015. According to Bloomberg, Samsung Heavy’s net income more than doubled analysts’ estimates. As reported, SHI’s profit was also attributed to a payment
Owner and operator of mobile offshore drilling units Transocean Ltd. has reached a deal with Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) to delay delivery of two newbuild ultra-deepwater drillships – the Deepwater Pontus and the Deepwater Poseidon – by 12 months each. The
Owner and operator of mobile offshore drilling units Transocean Ltd. has reached a deal with Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) to delay delivery of two newbuild ultra-deepwater drillships – the Deepwater Pontus and the Deepwater Poseidon – by 12 months each. The
U.S. shipbuilder General Dynamics NASSCO on October 23 hosted a keel laying ceremony for the third ECO tanker, the future Garden State, ordered by American Petroleum Tankers (APT) and currently under construction at the company’s shipyard in San Diego. The ECO tanker is the third of a five-tanker co
U.S. shipbuilder General Dynamics NASSCO on October 23 hosted a keel laying ceremony for the third ECO tanker, the future Garden State, ordered by American Petroleum Tankers (APT) and currently under construction at the company’s shipyard in San Diego. The ECO tanker is the third of a five-tanker co
International classification society Bureau Veritas is to class the series of Arctic-capable liquefied natural gas (LNG) carriers which will be built by South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) to service the Yamal LNG project in Russia’s high Arctic. A series of fifteen vessels
