The liquefied natural gas market may have a ship surplus in 2014 and 2015 as new vessels launch faster than production plants complete.There are 78 ships on order, amounting to 21 percent of the existing fleet, the Hamilton, Bermuda-based Hoegh LNG AS…
Viking River Cruises orders 10 new river cruise vessels of the 'Viking Longship' class from the Rostock-Warnemunde yard.Two of the ships will be delivered in August and September 2013, and the others by April 2014. This order brings the…
Fincantieri launch 'Le Soleil', a super luxury cruise ship for French shipping line Compagnie du Ponent (Bridgepoint Group).The ship will be delivered in June 2013 and will be essentially more like a mega yacht in size and fitting out with a paramount attention to interior detail…
MAN Diesel & Turbo confirms its first order, from USA's TOTE Inc., for its low-speed, dual-fuel ME-GI engine.American shipping company, TOTE, has signed a contract with its compatriot shipyard NASSCO in San Diego for the construction of…
General Dynamics NASSCO hold keel laying ceremony in its San Diego faciltiy for the future 'USNS John Glenn' (MLP 2).Delivery of this second MLP ship is scheduled for first quarter 2014, and is to be named John Glenn, in honor of John Herschel Glenn…
Jackson Offshore Operators contracts BAE Systems’ shipyard in Jacksonville, Florida, to build 2 platform supply vessels (PSVs).The contract reflects continued growth in U.S. commercial shipbuilding for BAE Systems and is another major step…
Basic design by Danish naval architects of new double-ended ferry delivered by Hvide Sande Skibs- og Baadbyggeri Shipyard for Swedish route.The shipyard recently delivered the 50m ferry named Uraniborg to Swedish domestic ferry company Ven…
Jiangsu Yangzijiang Offshore Engineering Co. Ltd. signs contract for the rig with Creon associate company Explorer 1.The directors of Creon the resources infrastructure investment company, announce that Jiangsu Yangzijiang Offshore Engineering Co…
DNV with key industry players develop an enhanced design framework for structures deployed in open water & harsh areas. In order to ensure a common, transparent and documented approach to achieving acceptable safety levels for offshore structures in cold-climate regions…
Viking Ocean Cruises signs MOU with Fincantieri for construction of two ocean cruise ships with an option for another two.The new ships will be twins to those ordered earlier this year. In line with Viking’s intimate, destination-focused approach to cruising…
Historic deal in U.S. Shipbuilding, Green Ship TechnologyGeneral Dynamics NASSCO finalized a contract with TOTE, Inc., for the design and construction of two 3,100 TEU LNG-powered containerships, setting a new benchmark in green ship technology…
Keppel FELS signs contract to construct the rigs for Ukraine's National Joint-Stock Company 'Naftogaz of Ukraine' (Naftogaz).The contract is worth about US$ 1.2-billion, but is dependent upon final corporate approvals.The rigs will be…
Saudi Basic Industries Corporation (SABIC) says it is the world's first chemical company to commission LNG-run gas carriers.SABIC's new tankships will be powered by liquefied natural gas (LNG) to transport its olefins products, in anticipation…
Large-sized superyacht orders show a huge increase according to a recent market report.If orders for superyachts are any indication of consumer confidence, statistics show a small but definitely measurable increase (3.9%) in global orders…
Basic Offshore contracts with CSSC Guangzhou Huangpu Shipbuilding to build two Havyard 832 L SE Platform Supply Vessels.Basic Offshore is a newly-established shipping company with its main focus on the market in West Africa, and they have…