Fincantieri signed a 'green' construction loan for a maximum amount of $461m with Intesa Sanpaolo (IMI Corporate & Investment Banking Division) and Cassa Depositi e Prestiti (CDP), the proceeds of which will be used to cover the financial needs linked to the construction of the Mein Schiff Relax…
Two next-generation Damen ASD Tugs 2813 have been delivered to the Ghana Ports and Harbors Authority (GPHA).Commissioned during a ceremony on December 14, the newbuilds Capt. Edward A. A. Awuviri and Nestor Percy Galley—named after two former…
Martin Bloem will start as Group Director Corporate Affairs at Damen Shipyards Group effective January 1, 2024 a new position at the largest shipbuilding concern in the Netherlands.Bloem was involved with the shipbuilding sector when working…
Marlink said it will deploy its guaranteed bandwidth hybrid network solutions to the Höegh Autoliners fleet. Already a customer using remote IT service, support and maintenance from Marlink, Höegh Autoliners will adopt Marlink’s hybrid network solutions…
Svitzer announced the delivery of Svitzer Estelle, the second tug built as part of the company’s ongoing partnership with Uzmar Shipyards, based in Turkey.Svitzer Estelle is a Robert Allan Ltd. designed RAstar 3200W that will be deployed by Svitzer on the River Thames and the River Medway…
The steel cutting ceremony for the seventh and final vessel in the Infinity series of expedition cruise ships took place at the Haimen shipyard of China Merchants Heavy Industries (CMHI).The PC6 expedition cruise ship, yet to be named, will embark on a long-term charter upon its delivery…
Mitsui O.S.K. Lines, Ltd. has decided to issue “blue bonds” through a public offering in Japan’s domestic market in January 2024, reportedly the world’s first blue bonds in the shipping industry, which refer to the guidance provided by the International…
Bernhard Schulte ordered its first CO2 tanker, a newbuild to be constructed at Dalian Shipbuilding Offshore (DSOC) and to showcase technologies designed to reduce its carbon footprint. Planned for delivery in 2026, the ship is committed to a long-term time charter agreement with Northern Lights…
Norway’s Prime Minister Jonas Gahr Støre and US Special Presidential Envoy for Climate John Kerry are co-leading an international initiative to accelerate reduction of emissions from the shipping sector, and on December 1, during COP28, they…
A.P. Moller - Maersk is about to launch the first of its 18 large methanol-enabled vessels currently on order. On February 9, 2024, it will enter service on the AE7 string connecting Asia and Europe, which includes port calls in Shanghai, Tanjung Pelepas…
ClassNK issued Approvals in Principle (AiPs) for four ship designs developed by Marine Design & Research Institute of China (MARIC).The four designs include:a 210k methanol dual-fueled bulk carrier, a 210k ammonia dual-fueled bulk carrier, a 210k LNG dual-fueled bulk carrier…
A third battery electric tugboat built by Sanmar Shipyards in Türkiye has been delivered to HaiSea Marine,Canada. Haisea Brave is scheduled to work in Vancouver alongside its sisters HaiSea Wamis and HaiSea Wee'Git before all three – along with…
DNV awarded an Approval in Principle (AiP) certificate to China Merchants Jinling Shipyard (Nanjing) Co., Ltd. for its 11,000-CEU capacity pure car and truck carrier (PCTC) design.Recognized as the world's largest PCTC, the 234m long and 40m wide ship will have 14 decks allowing 11…
Austal USA Advanced Technologies is working with the US Navy on technical solutions that will power the next-gen of navy assets. Don Hairston recently took the helm of the AAT team, and discusses how additive manufacturing and artificial intelligence are powering the future of naval asset design…
Babcock International Group (Babcock) appointed Paul Armstrong to lead its marine sector, delivering a number of critical UK and international defence programmes, including the UK’s Type 31 frigates for the Royal Navy.With a career that started in shipbuilding in Barrow-in-Furness…