Shipbuilding News

 

VLCC Owners Avoid Scrapping ... For Now

Aug 10, 2021

During the first seven months of 2021, only three actively trading Very Large Crude Carriers (VLCCs) have been sold for demolition. The current market for seaborne transportation of crude oil is weak and has caused freight rates to drop to multi-year lows…

Shipbuilding: International WTIV Market Represents a $14B Opportunity

Aug 09, 2021

As of end-June 2021, more than 100 turbine and foundation installation and maintenance vessels will be required for offshore wind projects planned over this decade.More than 100 turbine and foundation installation and maintenance vessels will…

Brian Cuccias Receives Navy League’s Nimitz Award

Aug 04, 2021

Brian Cuccias, the retired president of Huntington Ingalls Industries' (NYSE: HII) Ingalls Shipbuilding division, accepted the Navy League of the United States' Fleet Admiral Chester W. Nimitz Award today. The Navy League presented the award at the annual Sea-Air-Space exposition in National Harbor…

OpEd: HEMEXPO Brings Impetus to Shipping’s Collaborative Agenda

Aug 03, 2021

HEMEXPO President, Helen Polychronopoulou, says Greek marine technology developers see collaboration between shipping industry stakeholders as the key to innovation and decarbonization.Helen Polychronopoulou has dedicated her career to the successful…

'Don't Fear the (Fifie) Reaper': Iconic 118-Year-Old Ship from "the Great Age of Sail" Re-opens

Aug 02, 2021

Following a £1million conservation, the Scottish Fisheries Museum in Anstruther, Fife, is set to welcome visitors back onboard the iconic ‘Fifie’ Reaper, the last of the great First Class Scottish Herring Luggers and a rare survivor from the golden age of sail…

Fincantieri Delivers New Cruise Ship to Holland America Line

Jul 30, 2021

Italian shipbuilder Fincantieri on has delivered a new cruise ship 'Rotterdam' to the cruise line Holland America Line, part of Carnival Corporation.This is Holland America Line's eleventh ship in the fleet. A handover ceremony took place at…

RFP: Electrical Integrators Sought for Skagit Count All-Electric Ferry

Jul 29, 2021

Skagit County Public Works and Seattle-based vessel designer Glosten are seeking proposals from electrical integrators to provide the vessel and shore electrical systems and the automated charging plug for the all-electric ferry design to replace the M/V Guemes…

UECC’s Edvardsen on Decarbonization: “There is no perfect solution, start the journey now”

Jul 27, 2021

UECC has emerged as a leader in regards to decarbonization, with an order earlier this year for its third LNG battery/hybrid Pure Car/Truck Carrier (PCTC). Glenn Edvardsen, CEO, discusses the strategy and the future for this Oslo-based ship owner…

Largest Italy-built Cruise Ship Delivered

Jul 26, 2021

Italian shipbuilder Fincantieri has said it has delivered the MSC Seashore - the largest cruise ship to be built in Italy - to the cruise division of MSC GroupAlso, Fincantieri said Monday that MSC Seashore's sister ship MSC Seascape was under construction at the Monfalcone shipyard…

Trio Working to Build World's First Hydrogen-powered Oceangoing Cruise Ship

Jul 26, 2021

MSC Group's cruise division, shipbuilder Fincantieri, and Italian energy infrastructure company Snam have signed a memorandum of understanding to determine the conditions for the design and construction of what would become the world’s first oceangoing hydrogen-powered cruise ship…

Global Mercy Joins Mercy Ships' Fleet and, with Volunteers, Delivers Hope in Africa

Jul 21, 2021

Each year, 16.9 million people die due to lack of access to surgical care, according to Lancet Global Surgery 2030 Report. A large percentage of these deaths occur in Africa’s developing nations, where the fragile healthcare systems simply cannot…

Ship Recycle Prices Hurtle past $600/LDT

Jul 19, 2021

Demo markets continue their upward trajectory this week surpassing the $600/LDT barrier on a number of select units. This may be due to a general paucity in the overall supply of tonnage over these quieter summer/monsoon months, while local steel plate prices have regained momentum of late…

Fincantieri Floats Out 'Viking Mars' Cruise Ship

Jul 15, 2021

Italian shipbuilding giant Fincantieri has floated out the Viking Mars ocean cruise ship being built in Ancona for the shipowner Viking.The Viking Mars will be placed in the small cruise ship segment. Like its sister ships, the about 47,800-ton vessel…

Pair of Inland Container Vessels for Den Bosch Max BV Named

Jul 15, 2021

Two new inland container vessels built by Concordia Damen were named at a ceremony held at BCTN’s inland terminal at Den Bosch on Saturday, July 10, 2021. Den Bosch Max BV is a joint venture between logistics services provider Nedcargo International BV and inland terminal operator BCTN…

Stena Line Bolsters its Baltic Sea Fleet

Jun 29, 2021

Stena Line is strengthening its position and expanding services in the Baltic Sea Region, by deploying two new ferries on the route between Ventspils in Latvia and Nynäshamn in Sweden this year. The first of the two vessels, Stena Scandica…

Logistics News

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Expeditors Shares Q2 Results Above Estimates Helped by Higher Freight Volumes

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Mitsui E&S Receives Vietnamese Order for 22 Container Cranes

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Panama Maritime Authority to Cancel Registrations of 17 US-Sanctioned Ships

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Subscribe for Maritime Logistics Professional E‑News

The south China monsoon is a time of landslides and disease.
Germany scraps gas storage tax
Cathay Pacific orders another 14 777X jets; half-year profits tick higher