The Prime Minster of India Narendra Modi has visited Hyundai Heavy Industries (HHI) as part of his two-day visit to South Korea, to seek increased partnership between Indian shipyards and HHI, with a particular focus on the construction of naval vessels and liquefied natural gas (LNG) carriers. HHI
DNV GL has developed a new unmanned floating LNG concept intended to unlock the potential of remote offshore gas fields by overcoming some of the exiting operational challenges. The concept is called Solitude and combines exiting technological advances into a solution that, according to DNV GL, offe
After almost nine months of construction MS Helgoland, a new LNG-fueled ferry of the shipping company Cassen Eils from Cuxhaven, left the building dock of the Fassmer shipyard. The ferry was floated out on May 12th, and is now going to undergo extensions on its upper deck as well as final touches in
South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering Co (DSME) has won an order from Greece-based Maran Tankers Management to build two oil tankers. The contract was signed on Friday, May 15th and entails construction of two 156,000 DWT crude oil tankers slated for delivery in ea
STX Offshore & Shipbuilding has secured an order for construction of up to eight Long Range Product Carriers (LR1), worth a total of USD 375 million. The deal, signed with an undisclosed medium-sized company, stipulates construction of four 74,000 ton carriers plus option for construction of four ad
The International Maritime Organization (IMO) has adopted the environmental part of the International Code for ships operating in polar waters (Polar Code) and associated MARPOL amendments to make the Code mandatory by the Marine Environment Protection Committee (MEPC). The MEPC was meeting for its
German EPCS (Engineering, Procurement and Construction Supervision) solution provider TGE Marine Gas Engineering GmbH has supervised the successful gas trials of three new gas carriers in the last several weeks. The 30,000 cbm LNG-carrier Hai Yang Shi You is the world’s largest type C bilobe tank eq
Why Containers Get Lost at Sea? Containerization has reformed the ocean transportation of cargo becoming the standard method of moving goods across the globe today. Read more Bremerhaven Crane Operator Dies in Boom Collapse A 52-year-old crane operator died last night at the German port of Bremerhav
United Arab Shipping Company (UASC) has recently published a time-lapse video of the construction of what the company calls ”the world’s greenest ultra-large container vessel” – the 18,800 TEU, LNG-ready MV Barzan. The MV Barzan was recently named at a ceremony held at Hyundai Samho Heavy Industries
Tokyo-based Mitsui O.S.K. Lines (MOL) has organised a naming ceremony for a newbuilding LNG carrier for Osaka Gas at Mitsubishi Heavy Industries’ Nagasaki Shipyard. The 155,000 cbm LNG Mars was ordered by MOL and Osaka Gas International Transport, a wholly owned subsidiary of Osaka Gas, and built by
Sinopacific Shipbuilding Group (Sinopacific) held a christening ceremony at its Dayang Shipyard on Thursday, May 14th for a newly built Ultramax CROWN 63® ordered by Greek owner Angelakos (Hellas) S.A. As the Godmother, Madam Grace Yang, the wife of former Chinese Ambassador to Greece christened thi
German lender HSH Nordbank is focusing its international shipping business on South Korea through the announced cooperation with the Export-Import Bank of Korea (Korea Eximbank) and Busan, Korea’s second-largest city after the capital Seoul. The collaboration comprises projects involving finance for
Tokyo-based Nippon Yusen Kabushiki Kaisha (NYK) ordered two liquefied natural gas carriers from the compatriot shipbuilder MI LNG Company Limited, to be used to transport gas from the US Cameron LNG Project in Louisiana to Japan. NYK also signed a basic agreement on a time-charter contract for the t
Hong-Kong listed shipping company China COSCO Holdings Company Limited has disassembled four more vessels within its fleet modernization efforts that call for scrapping of aged fleet. The quartet is comprised of two container vessels (Xiu He and Ya He) and two bulk carriers (Tianfu Hai and Ming Hai)
