Shipbuilding News


ZIM 2Q Revenues Plunge 62%

Aug 16, 2023

Pain in the containershipping sector is not uncommon in 2023, and Israel's ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) is no exception, today reporting 2Q and six month results:Net loss for the second quarter was $213 million, negatively…

PD Ports Orders New Hopper Dredge from Neptune

Aug 15, 2023

PD Ports in the U.K. has ordered a new dredging vessel from Dutch shipbuilder Neptune Marine.The 71-meter-long hopper dredge, which has already been named the Emerald Duchess following a competition among PD Ports employees, was ordered for £23 million and will arrive at Teesport next summer…

Wallenius Wilhelmsen to Order Four Methanol-Ready Vessels

Aug 15, 2023

Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a letter of intent for the delivery of four 9,350 CEU methanol-capable and ammonia-ready vessels and individual options for an additional eight vessels. The four vessels…

Shanghai Plans 5G Roll-Out for Marine Economy

Aug 15, 2023

Shanghai’s local government plans to provide oceanic coverage of 5G networks by 2024.China Daily reports that Shanghai will build an integrated network connecting all land, sea, air and space internet infrastructure platforms. The development of navigation…

Shipbreaking Prices Hit the Summer Doldrums

Aug 14, 2023

According to GMS, it has been another intensely inert week in the Indian sub-continent ship recycling markets, with Bangladesh sinking to the bottom of the price-ranking board and neighboring India & Pakistan taking the lead (in terms of pricing…

After Attacking Ukraine Wheat Exports, Russia Faces Own Shipping Challenge

Aug 08, 2023

Russia's lack of ships and Western grain traders' shrinking appetite for business with Moscow are adding to rising costs of moving Russian wheat, at a time when the war in Ukraine has spilled perilously close to vital Black Sea supply routes…

UK Dredging Orders Unique Water Injection Dredger

Aug 03, 2023

Damen Shipyards Group recently signed a contract with UK Dredging for the delivery of a Shoalbuster 2711 Water Injection Dredger (WID).UK Dredging, part of Associated British Ports (ABP), operates Britain’s largest dredging fleet. Among its vessels are a number of Damen dredgers and workboats…

Port of Klaipeda Orders Fully Electric Waste Collection Tanker

Aug 02, 2023

The Port of Klaipėda has placed an order worth roughly €11 million for the design and construction of a fully electric tanker that will collect waste from other vessels arriving at the port.The project marks the first large collaboration between Baltic Workboats and Western Baltija Shipbuilding…

OCI Global and X-Press Feeders Sign Green Methanol Offtake Agreement

Aug 02, 2023

OCI Global will supply X-Press Feeders with OCI HyFuels green methanol for their newbuild methanol dual-fueled common feeder ships from 2024.The green methanol will be used to fuel X-Press Feeders’ upcoming dual-fuel vessels servicing European…

Singapore Completes First Methanol Bunkering

Jul 27, 2023

Maersk and Hong Lam Marine have conducted the world’s first ship-to-container ship methanol bunkering operation of a Maersk’s container vessel at the Raffles Reserved Anchorage in Singapore.This was also Singapore’s first methanol bunkering…

$560M Explora I Delivered for MSC's New Luxury Cruise Brand

Jul 20, 2023

MSC Group Cruise Division -- Explora Journeys -- saw the launch by Fincantieri of Explora I, the first of four new luxury cruise vessels for MSC's new luxury travel brand. The first ship cost $560m, part of a four-ship newbuild plan for a cumulative $2…

KHI Gets Order for NYK's Sixth LPG Dual-fuel Very Large LPG/Ammonia Carrier

Jul 14, 2023

NYK ordered of its sixth liquefied petroleum gas (LPG) dual-fuel very large LPG / liquefied ammonia gas carrier (VLGC) from Kawasaki Heavy Industries Ltd. (KHI). The ship will be built at the KHI Sakaide Works shipyard and is set for delivery in 2026…

MPA Calls for Electric Harbor Craft Proposals

Jul 10, 2023

The Maritime and Port Authority of Singapore (MPA) has issued an Expression of Interest inviting interested parties to submit proposals to design and promote the adoption of full-electric harbour craft in Singapore.The Ministry of Transport announced this year that the harbour craft…

MR4WELD Debuts: Mobile, Robotic Welding for Shipbuilding

Jun 28, 2023

Italian companies Comau and Fincantieri presented today  the first result of their joint collaboration with Automatica: MR4Weld (Mobile Robot for Weld), a mobile robot, an innovative outdoor automation solution, designed to improve the quality…

LNG Bunker Carrier Paolina Cosulich Launched

Jun 28, 2023

Fratelli Cosulich Bunkers (S) Pte Ltd. christened and launched its second Small Scale LNG carrier - the Paolina Cosulich - at the CIMC SOE shipyard in China.The event  was attended by Diana Mok - Managing Director at Fratelli Cosulich Bunkers (S) Pte Ltd…

Logistics News

Höegh Autoliners Orders Customized Simulators from Kongsberg Digital

Höegh Autoliners Orders Customized Simulators from Kongsberg Digital

Houthis Claim Attack on Four Ships at Israel's Haifa Port

Houthis Claim Attack on Four Ships at Israel's Haifa Port

Fire Suspends Sugar Loading at Tiplam Terminal in Brazil's Santos Port

Fire Suspends Sugar Loading at Tiplam Terminal in Brazil's Santos Port

Houston Container Volumes Up 21% in May

Houston Container Volumes Up 21% in May

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