Vessels News

 

Neptun Werft Lays Keel for AIDAcosma

Oct 20, 2019

The first building-block for AIDA Cruises’ second LNG-fueled cruise ship was put in place at the Neptun Werft shipyard in Rostock, Germany.The two trainees, Charleen Hoffmann (AIDA Cruises) and Kenny Schaft (Meyer Werft shipyard) placed the…

Castor Maritime Acquires Third Panamax Bulker

Oct 20, 2019

Cyprus-based dry bulk shipping company Castor Maritime has acquired its third Panamax dry bulk carrier for $10.2mln.The global shipping company specializing in the ownership of dry-bulk vessels informed that through a separate wholly-owned subsidiary…

MSC Rejects Northern Sea Route

Oct 17, 2019

Mediterranean Shipping Company (MSC), the world’s second-biggest container shipping line, has decided not to use the Arctic as a new short cut between northern Europe and Asia and will instead focus on improving environmental performance on existing global trade routes…

Tanker Deliveries Up 37%: BIMCO

Oct 16, 2019

Delivered tonnage of crude oil tankers have grown by +37%, whereas total fleet demolitions for 2019 have slumped to the lowest in a decade with a reduction of 52% from the year before, says BIMCO, the largest of the international shipping associations representing shipowners…

Princess Cruises Takes Delivery of Newest Ship

Oct 15, 2019

Princess Cruises, the Carnival-owned cruise line, has taken delivery of its fourth Royal-class ship, Sky Princess, at Fincantieri's Monfalcone shipyard in Trieste, Italy.The vessel is the 17th ship Fincantieri has built for Princess, but it…

Hudson Shipping Joins Trident Alliance

Oct 14, 2019

United States based commodities trader Hudson Shipping Lines (HSL) became a member of the Trident Alliance as part of the company’s ongoing ‘green’ initiatives.The shipping company is increasing its commitment to cleaning up the shipping industry in conjunction with two environmental organizations…

OOS Walcheren Starts its Engines

Oct 14, 2019

Netherlands-based OOS International has revved up the engines on its newbuild semi-submersible heavy lift crane accommodation vessel OOS Walcheren for the first time.The OOS Walcheren is currently under construction at China Merchants Heavy Industries (Jiangsu) Shipyard…

Korean Shippers Jointly Pitch for Qatari LNG Newbuilds

Oct 14, 2019

Five South Korean shipping companies - Korea Line, Pan Ocean, SK Shipping, Hyundai LNG Shipping and H-Line Shipping -  could partner up to secure liquefied natural gas transportation services for Qatar’s LNG production capacity expansion project…

Fincantieri Cuts Steel on New Cunard Ship

Oct 13, 2019

Italian shipbuilder Fincantieri has cut the first steel  for British–American cruise line Cunard’s newest ship to start construction on the 249th ship of the luxury cruise line, marking an exciting moment in the company’s 179-year history.  The…

Iranian Tanker Hit by Missiles, Oil Rises

Oct 11, 2019

Oil prices jumped more than 2% on Friday, October 11, 2019, after Iranian media said a state-owned oil tanker had been struck by missiles in the Red Sea near Saudi Arabia, raising the prospect of supply disruptions weeks after attacks on Saudi oil plants…

Cargill, Maersk & Mitsui to Collaborate on Emissions

Oct 09, 2019

Cargill, Maersk Tankers and Mitsui & Co. have established a strategic collaboration to accelerate the reduction of global greenhouse gases (GHGs) within shipping. All three parties recognize the urgency required to tackle the global issue of…

Belships Offloads Supramax Bulk Carrier

Oct 08, 2019

Norwegian shipping company Belships has entered into an agreement for a bareboat charter and subsequent sale of its 50,000 dwt Supramax bulk carrier Beleast.According to an agreement with Marti Shipping & Ship Management of Turkey Belships'…

Survey: Robust Commitment to Low Sulphur Cap

Oct 08, 2019

Palau International Ship Registry (PISR) has completed a survey (IMO 2020 Sulphur Regulation | Your Opinion Matters) and the results show more than 44% of ship owners, operators and managers saying they will definitely comply with the forthcoming IMO regulations…

Autonomous Ships Market: $134.9B by 2030

Oct 03, 2019

The global autonomous ships industry is expected to generate $134.9 billion by 2030, witnessing a CAGR of 4.4% from 2020 to 2030.This projection is premised on an increase in demand for cargo transportation from marines and surge in operational…

Pangaea Orders 2 More High Ice Class Ships

Oct 02, 2019

Pangaea Logistics Solutionsexpanded its order for high ice class post-panamax dry bulk 95,000 dwt. vessels at Guangzhou Shipyard International (GSI) from two to four vessels.The four ships, two for delivery in April and May 2021 and two for delivery in November 2021…

Logistics News

Italy's New FLNG Terminal to Be Operational by March 2025

Italy's New FLNG Terminal to Be Operational by March 2025

New Cruise Terminal to Be Built in Port of Klaipėda

New Cruise Terminal to Be Built in Port of Klaipėda

Adani Aims to Complete Phase One of Long-delayed Port by Year-end

Adani Aims to Complete Phase One of Long-delayed Port by Year-end

Delft Students Cross North Sea on Self-Built Hydrogen Boat

Delft Students Cross North Sea on Self-Built Hydrogen Boat

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