Dutch recruitment and contracting specialist Middle Point has started reaping the benefits from its expansion to German market with the opening of a new office in Hamburg last year. “The intricate ways Middle Point adds value to recruitment, has been well received and already led to successful place
Dutch shipbuilder Damen delivered its biggest ever Trailing Suction Hopper Dredger (TSHD) to Indonesia’s dredging company Pelayaran Fortuna Nusantara Megajaya (PFNM). The 2,500 m3 capacity Barito Equator is the first dredger ever to be built in Indonesia, and will be a key asset in maintaining econo
Shipping Corporation of India (SCI) has been told by the country’s shipping minister to look for second-hand liquefied natural gas carriers (LNG) to fill in for the newbuild carriers that are to be built indigenously. “I have given orders to SCI to find second hand ships. For the transport of LNG, w
Japan’s Oshima Shipbuilding Company received DNV GL’s Approval in Principle (AiP) certificate for its Kamsarmax bulk carrier at the Nor-Shipping exhibition in Oslo. The Kamsarmax vessel is designed for dual fuel operation, using both LNG and HFO to power the main engine, the generators and the boile
NYSE-listed dry bulk shipping company Scorpio Bulkers resold five more of its newbuildings currently under construction in China and Romania for a combined price of USD 236 million. Scorpio Bulkers agreed to sell three Capesize dry bulkers and two LR2 product tanker newbuildings. The Capesize vessel
With the ever greater inflow of mega-ships in the global fleet it seems that the cost savings introduced by these behemoths have bottomed out as savings are decreasing and might not even be realized, a study about the impact of mega-ships on maritime transport. The study was published last week by t
India’s largest private liquid, gas and solid bulk shipping company – The Great Eastern Shipping Company – has taken delivery of its newbuild Kamsarmax dry bulk carrier named ”Jag Arnav.” The vessel of about 81,600 dwt was built by the Japanese shipbuilder Tsuneishi Heavy Industries, at its overseas
South Korean shipbuilder Samsung Heavy Industries (SHI) has won a contract to build three shuttle tankers plus an option for one more for a US owner, most probably Teekay Offshore, who recently announced the placing of an identical order at a Korean shipyard. Both SHI and Teekay say in their press r
Oman Drydock Company (ODC) has been awarded two multi-million dollar Oil Bulk Ore (OBO) to Very Large Crude Carrier (VLCC) conversion contracts by Greek ship owner Springfield Shipping, the company revealed at Nor Shipping 2015 in Oslo. The contracts will see ODC convert the recently bought 319,869
French shipping company CMA CGM has taken delivery of the 18,000 TEU CMA CGM Georg Forster from Samsung Shipbuilding and Heavy Industries in Busan, South Korea, the second vessel of this capacity to join the company’s fleet. This gigantic vessel, forms part of a series of six sister vessels named af
Norwegian ship designer and shipbuilder Ulstein kicked off the month of June with a series of concepts, including their Discovery Series concept of three different vessels in the exploration, cruising and coastal patrolling categories. The efficient hull, the propulsion set-up, low friction bottom p
Russian LNG-Gorskaya LLC has signed a contract with the compatriot shipbuilder United Shipbuilding Corporation (USC) for the construction of Russia’s first three LNG bunkering tankers. The order forms part of a plan to order up to 9 bunkering units intended for delivering fuel from an LNG plant bein
South Korea’s shipbuilder Hyundai Heavy Industries (HHI) will put a stop to the practice of letting go of its employees through voluntary retirement programs, The Korea Times quoted the company’s recently elected CEO Kwon Oh-gap as saying. HHI had dismissed 1,500 senior managers and 150 female emplo
Being ready for what the future has in store means being smart when it comes to planning investments, a topic which was in the focus of the first day of the 29th IAPH World Ports Conference taking place in Hamburg. The key topics on the agenda of the conference are future SmartPORT and the cruise in
