Three workers out of eight who were injured in a blast on Sunday at a shipbreaking yard, owned by Shital Enterprise, located in the Chittagong district of Bangladesh, have died having succumbed to their severe injuries. The information has been confirmed to World Maritime News by NGO Shipbreaking Pl
Three workers out of eight who were injured in a blast on Sunday at a shipbreaking yard, owned by Shital Enterprise, located in the Chittagong district of Bangladesh, have died having succumbed to their severe injuries. The information has been confirmed to World Maritime News by NGO Shipbreaking Pl
Canada’s dry and liquid bulk carrier owner and operator Algoma Central Corporation has signed conditional contracts with Croatian shipbuilder Uljanik Group to build three 740 foot Seaway Max self-unloading bulk freighters to join the company’s Great Lakes – St. Lawrence Waterway dry-bulk fleet. Thes
Canada’s dry and liquid bulk carrier owner and operator Algoma Central Corporation has signed conditional contracts with Croatian shipbuilder Uljanik Group to build three 740 foot Seaway Max self-unloading bulk freighters to join the company’s Great Lakes – St. Lawrence Waterway dry-bulk fleet. Thes
Finnish ship designer Deltamarin launched its new ferry design named DeltaLinx during the BaltExpo 2015 exhibition held in Gdańsk, Poland, from September 7 to September 9. DeltaLinx is a compact ferry designed for short coastal routes, and its length of approximately 80 meters allows easy operations
Finnish ship designer Deltamarin launched its new ferry design named DeltaLinx during the BaltExpo 2015 exhibition held in Gdańsk, Poland, from September 7 to September 9. DeltaLinx is a compact ferry designed for short coastal routes, and its length of approximately 80 meters allows easy operations
China COSCO Holdings Company Limited has placed an order for construction of eleven 19,000 TEU container ships at compatriot shipbuilders worth a total of USD 1.5. billion. Under the deal, six boxships will be built by Dalian Cosco KHI Ship Engineering (DACKS) and Nantong Cosco KHI Ship Engineering
China COSCO Holdings Company Limited has placed an order for construction of eleven 19,000 TEU container ships at compatriot shipbuilders worth a total of USD 1.5. billion. Under the deal, six boxships will be built by Dalian Cosco KHI Ship Engineering (DACKS) and Nantong Cosco KHI Ship Engineering
New York-headquartered crude tanker owner and operator Gener8 Maritime, Inc. has arranged two separate credit facilities worth up to USD 1.544 billion to finance the construction of 15 Very Large Crude Carriers (VLCCS) under construction in South Korean shipyards, and to refinance previous senior se
New York-headquartered crude tanker owner and operator Gener8 Maritime, Inc. has arranged two separate credit facilities worth up to USD 1.544 billion to finance the construction of 15 Very Large Crude Carriers (VLCCS) under construction in South Korean shipyards, and to refinance previous senior se
Höegh LNG Holdings Ltd. has raised NOK 844 million (USD 100 million) in gross proceeds through a private placement of 6.9 million new common shares, each with a par value of USD 0.01 at a subscription price of NOK 122 per share. The company said it intends to use the net proceeds from the private pl
Höegh LNG Holdings Ltd. has raised NOK 844 million (USD 100 million) in gross proceeds through a private placement of 6.9 million new common shares, each with a par value of USD 0.01 at a subscription price of NOK 122 per share. The company said it intends to use the net proceeds from the private pl
Shanghai-listed shipping company Tianjin Tianhai Investment Co is planing to buy four very large crude carriers (VLCCs) for a total of USD 400 million. The company revealed in a stock exchange filing that it is about to float a tender for this purpose. At the moment, the preparation work is ready an
Shanghai-listed shipping company Tianjin Tianhai Investment Co is planing to buy four very large crude carriers (VLCCs) for a total of USD 400 million. The company revealed in a stock exchange filing that it is about to float a tender for this purpose. At the moment, the preparation work is ready an