Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has laid the keel for Teekay’s second of nine LNG newbuilding vessels powered with M-type, Electronically Controlled, Gas Injection (MEGI) twin engines. The keel-laying ceremony for the structure that once completed will sail under t
Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has laid the keel for Teekay’s second of nine LNG newbuilding vessels powered with M-type, Electronically Controlled, Gas Injection (MEGI) twin engines. The keel-laying ceremony for the structure that once completed will sail under t
Shenzhen-listed shipbuilder Jiangsu Sainty Marine Corp informed that it has filed for arbitration at London Maritime Arbitration Association over cancellation of a shipbuilding contract. The order relates to construction of three chemical tankers that have been cancelled by an undisclosed owner on A
Shenzhen-listed shipbuilder Jiangsu Sainty Marine Corp informed that it has filed for arbitration at London Maritime Arbitration Association over cancellation of a shipbuilding contract. The order relates to construction of three chemical tankers that have been cancelled by an undisclosed owner on A
International classification society Lloyd’s Register (LR) has won a contract to class the world’s largest heavy lift crane vessel (NSCV) for the Netherlands-based Heerema Group. The USD 1 billion, dual-fuel LNG and MGO semi-submersible vessel will be constructed at the newly opened Sembcorp’s Yuron
International classification society Lloyd’s Register (LR) has won a contract to class the world’s largest heavy lift crane vessel (NSCV) for the Netherlands-based Heerema Group. The USD 1 billion, dual-fuel LNG and MGO semi-submersible vessel will be constructed at the newly opened Sembcorp’s Yuron
The strength of the tanker market which has enjoyed pretty high rates may be threatened by the inflow of the new tonnage scheduled for delivery in the following two years. “Given the positive outlook of the tanker market we expect very little scrapping and the orderbook is a concern. As the delivery
The strength of the tanker market which has enjoyed pretty high rates may be threatened by the inflow of the new tonnage scheduled for delivery in the following two years. “Given the positive outlook of the tanker market we expect very little scrapping and the orderbook is a concern. As the delivery
Offshore drilling company Seadrill has delayed deliveries of two drillships currently under construction for two years amid volatile market conditions that pushed the company’s profit by 37% in the second quarter of 2015. The drillships in question are the West Draco and West Dorado whose deliveries
Offshore drilling company Seadrill has delayed deliveries of two drillships currently under construction for two years amid volatile market conditions that pushed the company’s profit by 37% in the second quarter of 2015. The drillships in question are the West Draco and West Dorado whose deliveries
Hong Kong-based ship owner and charterer Uni-Asia Holdings Limited has entered into four agreements with its largest shareholder Yamasa Co., Ltd.,to buy four newbuilding Handysize bulk carriers. Uni-Asia and Yamasa have agreed to buy shares of four new joint investment companies: Stella Bulkship S.A
Hong Kong-based ship owner and charterer Uni-Asia Holdings Limited has entered into four agreements with its largest shareholder Yamasa Co., Ltd.,to buy four newbuilding Handysize bulk carriers. Uni-Asia and Yamasa have agreed to buy shares of four new joint investment companies: Stella Bulkship S.A
Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) has named its latest 8,888 TEU container ship at a christening ceremony held on Changxing Island in Shanghai, on Wednesday, August 26th. The OOCL Genoa was named by her sponsor Mrs. Tamiko Onaka at Hudong-Zhonghua Shipb
Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) has named its latest 8,888 TEU container ship at a christening ceremony held on Changxing Island in Shanghai, on Wednesday, August 26th. The OOCL Genoa was named by her sponsor Mrs. Tamiko Onaka at Hudong-Zhonghua Shipb
