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Friday, August 29, 2025

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Maritime Matters – a Global Celebration

Sep 29, 2017

World Maritime Day (28 September) has been marked around the world in a series of events and celebrations led by International Maritime Organization (IMO) from its London headquarters.  Seafaring nations, coastal states and the shipping industry staged conferences…

BrasFELS Delivers Fifth FPSO Project for MODEC

Sep 29, 2017

Keppel Offshore & Marine's (Keppel O&M) wholly owned subsidiary Keppel FELS Brasil's BrasFELS shipyard in Brazil has delivered the Cidade de Campos dos Goytacazes MV29, a Floating Production Storage and Offloading (FPSO) vessel, to repeat customer MODEC Offshore Production Systems (Singapore) Pte…

15,000-TEU Container Ship Will be Delivered to Hapag-Lloyd

Sep 27, 2017

Another large container ship will be added to the fleet of the liner shipping company Hapag-Lloyd. The “Al Jmeliyah” will be handed over to Hapag-Lloyd tomorrow at the shipyard of Hyundai Samho Heavy Industries (HSHI) in South Korea.  With a capacity of 15…

LNG Carrier CESI Tianjin Delivered for SINOPEC LNG Project

Sep 27, 2017

Mitsui O.S.K. Lines (MOL)  announced that the LNG carrier CESI Tianjin, which was ordered by the joint venture of MOL, China COSCO Shipping Corporation Limited (China COSCO Shipping) and China Petroleum & Chemical Corporation (SINOPEC), was delivered at Hudong-Zhonghua Shipbuilding (Group) Co…

Polaris Orders 10 ‘Green’ VLOCs at Hyundai Heavy

Sep 26, 2017

Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced today that it signed a $800 Million worth contract to build ten 325,000 dwt VLOCs (Very Large Ore Carrier) with Polaris Shipping, the domestic dry bulk owner and operator…

Navios Takes Delivery of Three Bulkers

Sep 26, 2017

Navios Maritime Partners, an international owner and operator of container and dry bulk vessels, announced today the delivery of three dry bulk vessels into its fleet. The Navios Symphony, a 2010-Chinese-built Capesize vessel of 178,132 dwt…

China Launches World's Largest Bulk Carrier

Sep 24, 2017

China launched world's largest bulk carrier 'Ore Tianjin' in the port city Qingdao, east China's Shandong Province, reported China Daily. The mammoth ore ship, built by the Wuhan subordinate of China Shipbuilding Industry Corporation (CSIC)…

South Korea to Build World's Largest LNG-Fueled Ship

Sep 24, 2017

In an effort to go green amid looming strict emission rules, South Korea will launch a pilot program to build the world's largest vessel powered by liquefied natural gas (LNG), reports Yonhap. South Korean Ministry of  Oceans and Fisheries  said it will join forces with local shipyards…

Cochin Shipyard Spreads its Wings

Sep 24, 2017

After successfully completing its initial public offer (IPO) recently, India's Cochin Shipyard Ltd (CSL) has lined up expansion projects. The IPO's proceeds will be utilised to fund these expansions. The PTI reported that CSL is now setting…

Neptune Shipyard Completes First AIDAnova Module

Sep 21, 2017

A module of the new cruise ship AIDAnova has been released into the water for the first time at the Neptun shipyard in Rostock, which belongs to the Meyer Group. This is the first of two floating parts, so-called Floating Engine Room Units (FERU)…

CMA CGM Confirms CSSC Yards for Mega-Ships

Sep 20, 2017

CMA CGM, the world's third- largest container line, and CSSC Group have officially signed the contract for the construction of nine 22,000 TEU ships, the largest container vessels ordered to date.Representatives from CMA CGM, Hudong-Zhonghua Shipbuilding (Group)…

Dim Q3 Forecast for Korean Shipyards

Sep 17, 2017

South Korea's major shipyards are projected to report weaker-than-expected earnings for the third quarter of the year, due to increased costs and the construction of low-priced ships amid decreased new orders. Yonhap News Agency, quoting data compiled by Yonhap Infomax…

Shipbuilding: China Races Ahead of South Korea

Sep 17, 2017

Shipyards in China have surpassed  South Korea again in terms of receiving the most orders for new ships and platforms, while fierce battle for the number one position in shipbuilding orders continues. China ranked first globally with 195 vessel orders…

Japan's JICA to Fund India's Alang-Sosiya Shipyards

Sep 15, 2017

The Government of India signed a loan deal worth USD 76 million with Japan International Cooperation Agency (JICA), for a project to upgrade the environment management plan at Alang-Sosiya ship recycling yards.  The total cost of the project will be $ 111 million…

CMA CGM Confirms Order for Nine Mega Ships

Sep 15, 2017

CMA CGM, the world's third-largest container shipping firm, said it expected operating profits to improve further in the second half as the market continues to recover, and confirmed an order for nine giant vessels. The announcements by…

Logistics News

Tanker Vessel Market Bends Under Supply and Demand Strains

Tanker Vessel Market Bends Under Supply and Demand Strains

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Port Milwaukee to Break Ground on South Shore Cruise Dock

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Trump Tariffs Reroute Brazilian Beef to Mexico

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