Epic Gas Ltd. said today that it has acquired a third 7,500cbm fully pressurised gas carrier to be built at Sasaki Shipbuilding of Japan. The vessel is scheduled for delivery in the fourth quarter of 2016. The latest newbuild will be vessel No. 8 in Epic Gas’ fleet built at Sasaki Shipbuilding. Epic
GasLog Ltd. has ordered two new 174,000 cubic meter LNG carriers from Hyundai Heavy Industries Co., Ltd. in South Korea. The vessels are expected to be delivered in the second half of 2017, and mark GasLog’s first orders from the world’s largest shipbuilder. The vessels have been ordered with a tri-
Pan Ocean Co. Ltd, a Korea-based shipping company, has ordered two new Capesize bulk carriers worth USD 56 million each from an unnamed shipbuilder. The investment comes as the shipper eyes further capacity “to secure vessels for cargo contracts,” as explained by Pan Ocean in its filling to Singapor
Ugland Shipping AS has signed a contract with Imabari Shipbuilding Co., Ltd., Japan, for the construction of two 63,000 dwt bulk carriers due for delivery in 2017. The new vessels will be the largest bulk carriers in the company’s fleet. Currently the J.J. Ugland Companies (JJUC) has six bulkers on
Dorian LPG Ltd., a liquefied petroleum gas shipping company, has advised that the delivery of its newbuild Hull No. 2657 (to be named Corsair) is expected to be on September 26, 2014, according to a notification by the vessels’ builder Hyundai Heavy Industries (HHI). The company expects to be taking
Nordic American Offshore Ltd. (NAO) has entered into firm agreements to purchase two newbuilding Platform Supply Vessels (PSVs) with essentially similar design and capabilities as its current fleet. The PSVs will be built on the Western coast of Norway by Aukra, part of Vard shipbuilding group. The
Doosan Engine has confirmed the delivery of the world’s first dual-fuel, low-speed ME-GI engine to the American National Steel and Shipbuilding Company (NASSCO) shipyard in San Diego, USA. The new engine is capable of operation on LNG and/or bunker C oil and will power the first of two 3,100-TEU con
Nam Cheong Limited has sold two Accommodation Work Barges (AWB) worth approximately USD 84 million, with the option for another two vessels, to Bursa-listed Perdana Petroleum Berhad (Perdana). In July last year, Nam Cheong sold one AWB of a smaller size, to Perdana, an established offshore marine se
Construction of two supply vessels commissioned by the Russian oil company LUKOIL has started with a steel cutting ceremony held at the Keppel Nantong Shipyard Co. Ltd., China. The supply vessels will be 80.00 metres in length, with 16.50 metres of width, 6.20 metres of depth, a summer draft of 3.80
China Rejects P3 Network, Plan Abandoned The Ministry of Commerce (MOFCOM) of the People’s Republic of China denied support to the P3 Network, proposed by Mærsk A/S (Maersk Line) together with MSC Mediterranean Shipping Company S.A. and CMA CGM S.A. The MOFCOM’s decision follows a review under China
Low shipbuilding prices and the North American energy boom are leading ship operators and investors to finance billions of dollars into building crude tankers, according to IMDO’s Weekly Market review. New drilling and extraction technology enabling the shale oil and gas boom has triggered plans for
The steel has been cut for a 21,000-dwt MC Class module carrier, being built for the Dutch BigRoll Shipping at COSCO (Dalian) Shipyard. According to the shipbuilder, the project further expands the scope of COSCO Dalian’s shipbuilding products, and enhances its share in the domestic high-end and spe
PIRIOU has delivered a 53-meter Fast Supply and Intervention Vessel (FSIV) Kacey to Switzerland-based maritime company SUISSE OUTREMER AG. PIRIOU-designed FSIV Kacey is built in the company’s South East Asia shipyard located in Vietnam. This is the first of a series of three units ordered by SUISSE
Aker Philadelphia Shipyard, Inc. (APSI), the sole operating subsidiary of Aker Philadelphia Shipyard ASA (AKPS), has delivered the first of two aframax tankers to SeaRiver Maritime, Inc., Exxon Mobil Corporation’s U.S. marine affiliate. The 250-metre long, 115,000 dwt tanker will transport up to 800
