Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed an agreement for the construction of an LNG-fueled tugboat with Kanagawa Dockyard. The construction is slated to start in February 2018 and complete in February 2019. Launching is scheduled for April of the same year…
U.S. ocean carrier TOTE said its plans to enter the domestic Hawaiian trade have been derailed by the scope and timing of infrastructure upgrades that would be required to accommodate the new service.TOTE had been earmarked access to Honolulu…
Construction of Transnet National Ports Authority’s (TNPA) new bed leveler (plough tug) is underway and was marked by an official keel laying ceremony in Port Elizabeth on January 19. The new vessel is being designed, manufactured, assembled…
French shipping group CMA CGM said it has taken delivery of its new flagship, the first in a series of three new 20,600 TEU containerships. The French flagged CMA CGM Antoine De Saint Exupery will enter into service on February 6 on the FAL 1 service (French Asia Line 1)…
Carnival Corporation announced it has signed a shipbuilding contract for a second cruise ship for its P&O Cruises brand with German shipbuilder Meyer Werft GmbH that is scheduled to be delivered in 2022. Similar to a fellow P&O Cruises sister ship due for delivery in 2020…
Denmark shipping company that owns and operates product tankers and bulk carriers TORM exercised two options for the construction of two LR1 newbuildings for a total commitment of USD 74m and with expected delivery in 2019 through the first quarter of 2020…
The Government’s Plan for Growth in the Danish Maritime Sector positions the country to become a global maritime hub by 2025. The plan counts initiatives aimed at making Denmark a global frontrunner within tests of maritime autonomous technologies and maritime digitalisation…
Kawasaki Kisen Kaisha, Ltd., Tokyo, (“K” Line) has taken delivery a new 14,000-TEU containership, Milano Bridge, built at Hiroshima Shipyard of Imabari Shipbuilding Co., Ltd, Japan and handed over on January 18, 2018. This new ultra-large…
Qatar-based maritime and logistics conglomerate Milaha said it has acquired its largest container vessel to date, Majd, a 3,768 TEU vessel.Majd was built by STX Shipbuilding Co. Ltd. in South Korea, and has a length overall of 246.87 meters and a deadweight of 44…
Ocean Tankers, the provider oil tanker shipping and chartering services to oil companies and trading houses, has ordered six handy-sized tankers to be built at the Chinese shipbuilding facility Fujian Mawei Shipbuilding, said a report in Reuters…
The digital naming of the MR tanker Stena Immortal took place January 18 at Stena's new office in Hellerup in the north of Copenhagen.The 50,000 dwt Stena Immortal was built at the Guangzhou Shipbuilding International (GSI) shipyard in southeast…
Shell announced the final investment decision for the Penguins field redevelopment project in the U.K. sector, which includes the construction of a new-build Sevan Marine designed cylindrical floating production, storage and offloading (FPSO) vessel…
The second-largest ore carrier in the world was officially named Yuanhehai and delivered to China Ore Shipping, affiliated with China Cosco Shipping Corporation, in Shanghai, the state media reported. The 400,000-dwt mega ship, which is 362 meters long…
Dr Lam Pin Min, Senior Minister of State (SMS) for Ministry of Transport and Ministry of Health, launched the Sea Transport Industry Transformation Map (ITM) at the annual Singapore Maritime Foundation New Year Cocktail Reception. Developed…
Bahri Dry Bulk, a business unit of global transportation and logistics leader Bahri, has announced that it has secured a Sharia-compliant funding of SAR 360 million (USD 96mln) from Bank Albilad, one of the fast-growing banks in Saudi Arabia…