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
Maersk Signs LOI to Boost Cargo Flows in Eastern Indonesia Danish shipping trade and energy conglomerate Maersk Group has signed a Letter of Intent LOI with Indonesia’s Coordinating Ministries for Maritime Affairs and Ec… Read More Tanker Ablaze after Engine Room Blast off Denmark Liberiaflagged oil
Maersk Signs LOI to Boost Cargo Flows in Eastern Indonesia Danish shipping trade and energy conglomerate Maersk Group has signed a Letter of Intent LOI with Indonesia’s Coordinating Ministries for Maritime Affairs and Ec… Read More Tanker Ablaze after Engine Room Blast off Denmark Liberiaflagged oil
Golar LNG Limited (Golar) has received an underwritten financing commitment for the December 2015 delivery of newbuild floating storage and regasification unit (FSRU) Golar Tundra. As informed, based on the current cost of the Tundra, the facility of up to $216 million, to be provided by China Merch
Golar LNG Limited (Golar) has received an underwritten financing commitment for the December 2015 delivery of newbuild floating storage and regasification unit (FSRU) Golar Tundra. As informed, based on the current cost of the Tundra, the facility of up to $216 million, to be provided by China Merch
The National Shipping Company of Saudi Arabia (Bahri) saw its net income rise to SAR 510.3 million (USD 136 million) in the third quarter of 2015 from SAR 84.8 million reported in the same period last year. The company’s gross profit reached SAR 611.2 million, a major increase when compared to the c
The National Shipping Company of Saudi Arabia (Bahri) saw its net income rise to SAR 510.3 million (USD 136 million) in the third quarter of 2015 from SAR 84.8 million reported in the same period last year. The company’s gross profit reached SAR 611.2 million, a major increase when compared to the c
Canadian dry bulk shipping company Fednav Limited has taken delivery of a 34,500 dwt ocean-going laker from the Oshima Shipbuilding in Japan, the first ever vessel transiting the Great Lakes to be equipped with a ballast water treatment system. Fednav, an international operator in the Great Lakes/Sa
Cosco Corporation’s subsidiary COSCO (Nantong) Shipyard Co. is going to delay the delivery of a Floating Production Storage and Offloading vessel (FPSO) ordered in 2012, the company informed. Cosco said that the move was agreed due to changes in technical requirements from the undiclosed European sh
Cosco Corporation’s subsidiary COSCO (Nantong) Shipyard Co. is going to delay the delivery of a Floating Production Storage and Offloading vessel (FPSO) ordered in 2012, the company informed. Cosco said that the move was agreed due to changes in technical requirements from the undiclosed European sh
The 329-metre, 156,000 tonne cruise ship Norwegian Epic has departed Damen Shiprepair Brest (DSBr) in France, and has set sail for Southampton, England, after completing a 3 week maintenance and refit program one day ahead of schedule. The world’s fifth largest cruise ship fitted with room to spare
The 329-metre, 156,000 tonne cruise ship Norwegian Epic has departed Damen Shiprepair Brest (DSBr) in France, and has set sail for Southampton, England, after completing a 3 week maintenance and refit program one day ahead of schedule. The world’s fifth largest cruise ship fitted with room to spare
Norwegian Cruise Line took delivery today of the line’s largest ship to date, the 164,600 gross ton Norwegian Escape, from German shipbuilder Meyer Werft during a ceremony in Bremerhaven, Germany. The delivery comes after a building period of only 18 months. Norwegian Escape is the first ship in the
Norwegian Cruise Line took delivery today of the line’s largest ship to date, the 164,600 gross ton Norwegian Escape, from German shipbuilder Meyer Werft during a ceremony in Bremerhaven, Germany. The delivery comes after a building period of only 18 months. Norwegian Escape is the first ship in the