Two yards from Turkey have been removed from the EU List of Ship Recycling facilities as they failed to meet the requirements of the union’s ship recycling regulation. The European Commission said that one yard failed to sufficiently protect its employees’ working conditions, and the other was de-li
Finnish shipbuilder Rauma Marine (RMC) has launched the construction of the second car and passenger ferry being built for the Spirit of Tasmania (TT-Line) based in Australia. The steel-cutting ceremony for the vessel, named Spirit of Tasmania V, was held on December 20. The construction of the firs
Holland Shipyards Group has won a contract for the construction of three multi-purpose coasters of 3,800 dwt from Hartel Shipping & Chartering. The new vessels, designed by Conoship, measure 89,42 m by 13,20 m and will have a cargo hold capacity of 5.530 m³ and a tween deck to allow for increased pr
Finnish technology company Wärtsilä has won a contract to supply its hybrid propulsion system for four new heavy lift vessels being built at the Wuhu Shipyard in China. The Orca Class vessels have been contracted by SAL Heavy Lift GmbH, a German heavy lift and project cargo specialist and part of th
Finland’s largest shipbuilder Meyer Turku is getting an €80 million ($85 million) financial lifeline from the Finnish government to overcome liquidity challenges caused by the ongoing geopolitical situation caused by Russia’s war in Ukraine. The European Commission approved the recapitalization meas
Dutch shipping company De Bock Maritiem has signed contracts for the construction of two diesel-electric seagoing vessels that will enable the company to halve its CO2 emissions. The 3,600-tonne vessels were designed by the Dutch Conoship International and they will be built by the Holland Shipyards
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has entered into bareboat and time charter contracts with Northern Lights JV DA for two 7,500 m3 liquefied CO2 ships under construction in China. China’s Dalian Shipbuilding Industry Co. (DSIC) launched the construction of the two LNG-powered, w
Car carrier newbuild ordering has increased significantly in 2021 and 2022 on record markets and the resumption of owners’ fleet renewal programmes, including efforts to support manufacturers to become ‘green through the supply chain’. The market recovery is primarily driven by post-covid car trade
Italian shipbuilder Fincantieri has laid out its strategy for the upcoming period putting a major focus on building up its competencies in the construction of digital and net zero ships. The company’s 2023-2027 Business Plan aims to create greater synergies between the company’s cruise, defense, and
German shipbuilder Meyer Werft has handed over the LNG-fuelled cruise ship Arvia to the British shipping company P&O Cruises. Arvia is a sister ship of the Iona, built-in 2020. Both vessels have been described as ‘future proof’ as they will be able to run on carbon-neutral liquefied natural gas (eLN
Proman Stena Bulk, the joint venture between tanker company Stena Bulk and methanol producer Proman, has taken delivery of its fourth methanol-fuelled tanker, Stena Prosperous. The 49,990 DWT vessel was built by Guangzhou Shipyard International Co Ltd (GSI) and will now enter commercial operation ru
Two newbuild liquefied natural gas (LNG) carriers built for exclusive use by Polish ORLEN Group are being prepared to enter service in early 2023. The two vessels ordered by PGNiG Supply & Trading, an ORLEN Group company specialising in LNG trading, were named “Lech Kaczyński” and “Grażyna Gęsicka”
The Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) and Meyer Turku Oy, has signed a deal with the US-based cruise major Royal Caribbean Group on sustainable shipbuilding in Finland. The parties signed a maritime declaration that lays the groundwork for the
Classification society Bureau Veritas and nuclear power technology developer ThorCon have entered an agreement for the technology qualification and the subsequent development of a 500 MW molten salt nuclear power barge for operations in Indonesia.
