Meyer Werft Bags First Newbuild Order from Saga Cruises British based cruise line Saga Cruises and German shipbuilder Meyer Werft have signed a memorandum of agreement for the delivery of a new cruise vessel in summer 2019 an… Read More DNV GL Launches New Ship Classification Rules The new DNV GL ru
Meyer Werft Bags First Newbuild Order from Saga Cruises British based cruise line Saga Cruises and German shipbuilder Meyer Werft have signed a memorandum of agreement for the delivery of a new cruise vessel in summer 2019 an… Read More DNV GL Launches New Ship Classification Rules The new DNV GL ru
Owner and operator of fully pressurized gas carriers Epic Gas Ltd. has closed a new USD 120 million post-delivery senior secured credit facility to finance its remaining seven owned vessels under construction. The Singapore-based company said that the facility covers approximately 65% of the contrac
Owner and operator of fully pressurized gas carriers Epic Gas Ltd. has closed a new USD 120 million post-delivery senior secured credit facility to finance its remaining seven owned vessels under construction. The Singapore-based company said that the facility covers approximately 65% of the contrac
U.S. commercial shipbuilder Aker Philadelphia Shipyard has started constructing two 3,600 TEU “Aloha Class” container ships ordered by Matson Navigation Company, a subsidiary of Matson Inc. The contracts for the vessels were originally signed in 2013 for a total value of USD 418 million, with delive
U.S. commercial shipbuilder Aker Philadelphia Shipyard has started constructing two 3,600 TEU “Aloha Class” container ships ordered by Matson Navigation Company, a subsidiary of Matson Inc. The contracts for the vessels were originally signed in 2013 for a total value of USD 418 million, with delive
Mitsubishi Heavy Industries’ arm Marine Machinery & Engine Co., Ltd. (MHI-MME) has received an order from Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) for waste heat recovery systems (WHRS) to be installed on Maersk Line’s eleven 19,600 TEU mega boxships. The WHRS on
Mitsubishi Heavy Industries’ arm Marine Machinery & Engine Co., Ltd. (MHI-MME) has received an order from Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) for waste heat recovery systems (WHRS) to be installed on Maersk Line’s eleven 19,600 TEU mega boxships. The WHRS on
German container line Hapag-Lloyd has secured a 12-year, USD 372 million loan facility from a banking syndicate to fund the construction of the five 10,500 TEU newbuilding container ships ordered back in April at South Korea’s Hyundai Samho Heavy Industries. The five boxships are expected to be deli
German container line Hapag-Lloyd has secured a 12-year, USD 372 million loan facility from a banking syndicate to fund the construction of the five 10,500 TEU newbuilding container ships ordered back in April at South Korea’s Hyundai Samho Heavy Industries. The five boxships are expected to be deli
New York-listed Teekay Corporation has entered into a Framework Cooperation Agreement with The Export-Import Bank of China (CEXIM) for up to USD 1 billion in new loan facilities. Such loan facilities would be made available to Teekay and its subsidiaries, including Teekay LNG Partners L.P., Teekay O
New York-listed Teekay Corporation has entered into a Framework Cooperation Agreement with The Export-Import Bank of China (CEXIM) for up to USD 1 billion in new loan facilities. Such loan facilities would be made available to Teekay and its subsidiaries, including Teekay LNG Partners L.P., Teekay O
Newly-established LPG importer Gyxis Corporation (Gyxis) has signed a charter deal with Singapore-based Kumiai Navigation (Pte) Ltd for a new 82,200m3 Very Large Gas Carrier (VLGC). The LPG ship is going be built and delivered by Kawasaki Heavy Industries, Ltd by the second quarter of 2017, Gyxis sa
Newly-established LPG importer Gyxis Corporation (Gyxis) has signed a charter deal with Singapore-based Kumiai Navigation (Pte) Ltd for a new 82,200m3 Very Large Gas Carrier (VLGC). The LPG ship is going be built and delivered by Kawasaki Heavy Industries, Ltd by the second quarter of 2017, Gyxis sa
