Norwegian shipowner Ocean Yield ASA took delivery of newly-built handysize dry bulk vessel 'La Fresnais' and 'Interlink Amenity'. In press release, Ocean Yield said that it took the delivery of the 2018 built handysize dry bulk vessel 'La Fresnais' on April 10…
Maritime industry veteran Peter Fetten will take over as President & CEO of German shipbuilder MV WERFTEN as of May 1, 2018. Jarmo Laakso will remain as Managing Director and step into the position of COO to focus on cruise shipbuilding.Fetten…
South Korea’s largest shipping line Hyundai Merchant Marine (HMM) announced it will order 20 new containerships, including eight 14,000 TEU vessels and 12 ships above 20,000 TEU.The announcement comes less than a week after the South Korean…
Classification society Korean Register (KR) announced that it has released the 16th version of its KR-CON software. First launched in 1997, the software program set out to help surveyors, shipbuilders and PSC officers to search for IMO instruments more accurately…
Samsung Heavy Industries(SHI) revealed on March 5, 2018 that one 180K ㎥ LNG carrier newbuilding has been approved by the board of an overseas owner. The contract, is subject to agreement on the shipbuilding contract terms, which are scheduled to be agreed by March 9…
Samsung Heavy Industries(SHI) revealed on April 4th that a contract for two 174,000㎥ LNG carriers on BOD approval term. The price is 184 million USD per vessel(around KRW 195 billion). The latest LNGCs would be delivered in July and October 2020…
PAO Sovcomflot (SCF Group) informed that it has signed a new $252 million 7-year credit facility with a consortium of six leading international banks, which includes: ABN AMRO Bank; BNP Paribas; Citibank; ING Bank; KfW IPEX-Bank, and Société Générale…
U.S. shipbuilder Huntington Ingalls Industries (HII) announced that Latitia D. McCane has been named director of education for The Apprentice School at Newport News Shipbuilding.McCane is responsible for the overall leadership, vision and strategic direction of craft training…
Swedish shipping company Furetank Rederi AB, a part of the Gothia Tanker Alliance, has taken delivery of its latest vessel, Fure Vinga, the first in a series of six 17.999 DWT product tankers with LNG operation. 'We welcome Fure Vinga to our alliance…
A new icebreaking research vessel built for the Norwegian governmental body for oceanographic research and fishing, was delivered this week in Norway. After the building process was completed at Fincantieri’s Integrated shipyard of Riva Trigoso and Muggiano in Italy…
Monaco-based international shipping company Scorpio Bulkers said it has received a commitment for a loan facility of up to $12.75 million from a leading European financial institution to finance the Company’s Kamsarmax bulk carrier. The…
Huntington Ingalls Industries announced that Australia’s Department of Defence has awarded a contract to Naval Shipbuilding Institute (NSI), a joint venture between HII’s Technical Solutions division and Kellogg Brown and Root’s (KBR) Government Services division…
General Dynamics NASSCO has started construction on the second ship in a two-ship series of Kanaloa-class containerships for Matson Navigation Company, Inc. Construction of Matsonia began with a ceremonial first cut of steel at NASSCO's San Diego shipyard where the first ship in the series…
On April 2, No.13 and No.14 111,000 DWT Oil Tankers launched successively from NTS drydock, both of which are built for Frontline. New Times Shipbuilding's CEO Liu Haijin and the representatives from the owner and ABS attended the launching ceremony…
Government of Greenland owned shipping company Royal Arctic Line A/S has signed a contract with Spanish shipbuilder Zamakona Yards for the construction of two reefer ships with and the concept design will be conducted by the norwegian company Havyard…
