South Korean shipbuilder Hyundai Heavy Industries (HHI) saw nearly 50% less in new orders in the first two months of 2015 compared to the same period last year. HHI recorded USD 2.18 billion in new orders in January and February this year, compared to USD 4.3bn added to the orderbook in the first tw
Swiss-based power and automation technology provider ABB has been awarded a USD 60 million contract to deliver its Azipod propulsion and power systems to Norwegian Cruise Line’s two Breakaway-Plus class ships currently under construction at Meyer Werft’s shipyard in Papenburg, Germany. The new 164,0
The image shows Offshore Supply Ship Olympic Bibby blending with the scenery while testing what she is made of. The vessel was pictured while undergoing sea trials in the North Sea on Sunday, March 15th. The 4500 DWT ship has been built in 2015 by Norwegian shipbuilder Kleven. World Maritime News St
Croatian tanker operator Tankerska Next Generation (TNG), part of Tankerska Plovidba, has used some of the cash raised from the recent IPO and bank debt to buy newbuild contracts for two 50,000 dwt eco-tankers at South Korea’s Hyundai Mipo Dockyard. The vessels are scheduled for delivery in April an
Demand for crude oil and oil product tankers is currently strong and both segments are enjoying an extended winter season with high earnings, according to BIMCO. Spot market earnings in January for VLCC and Suezmax reached USD 70,000 and USD 65,000 per day at the peak respectively. For the product t
Hong Kong-listed China Rongsheng Heavy Industries has entered into a memorandum of understanding with an undisclosed third party, also from China, to sell its onshore shipbuilding and offshore engineering business. The decision has been triggered by a depressed shipbuilding market that has incurred
Mainboard-listed JES International Holdings Limited has appointed a new CEO, Ms Audrey Jin, as Mr Jin Xin has stepped down as Chairman and CEO with effect from 16 March 2015 to concentrate on the operations of the business in China. Prior to the appointment of CEO, Ms Jin was the Deputy CEO of JES.
Scandlines ferry Prinsesse Benedikte was damaged while undocking last week at the Polish shipyard Remontowa, where it was undergoing scrubber installation. The ferry was about to be floated out after undergoing three weeks of installation work at the yard when the floating dock it was in keeled over
Intermediate People’s Court in Dalian has ordered STX (Dalian) Shipyard to enter bankruptcy liquidation on March 13, South Korea’s STX Corporation, the parent company of the bankrupt shipbuilder, said in a stock announcement. Unable to pay off its debts within due dates, STX (Dalian) Shipbuilding, C
The world’s largest containership MSC Oscar is soon going to be joined by her sister ship MSC Oliver in April 2015 followed by the rest of the family over the coming months. The vessel, the equivalent of four soccer fields when it comes to her size, featuring 395.4 m in length, is able to carry 35%
Aker Philadelphia Shipyard, Inc. (APSI) has delivered its second Aframax tanker to SeaRiver Maritime, Exxon Mobil Corporation’s U.S. marine affiliate. The 820 foot long, 115,000 deadweight ton tanker will transport up to 800,000 barrels of Alaskan North Slope crude oil from Prince William Sound, Ala
Japan’s Mitsui Engineering & Shipbuilding (MES) completed and delivered a 56,000 dwt bulk carrier MV Alam Makmur to a Liberian shipping company Lepta Shipping at its Chiba Works on March 16, 2015. This is the eighth ship in the shipbuilder’s ”neo56BC” eco-ship series. At little under 190 meters in l
GE has been selected to lead the Italian consortium that will power cruise company MSC Crociere’s planned ‘Seaside’ platform. The two new cruise ships ordered at Fincatieri in 2014 will join the existing fleet of 12 vessels, all of which use electrical propulsion from GE. GE will provide on-board te
HHIC Yeongdo Shipyard to build two LPG/ammonia carriers for Southeast Asian ship owner
