Vessels News

 

SHI Eyes Russia's $3Bn LNG Carrier Order

Jan 12, 2020

South Korea shipbuilder Samsung Heavy Industries (SHI) may receive an order from Russia’s largest independent gas producer Novatek for 10 additional ice-breaking LNG carriers worth US$3Bn.A report by Business Korea said Novatek has asked the…

NMM Acquires Five Containerships

Jan 09, 2020

Greek owner and operator of dry cargo vessels Navios Maritime Partners has taken delivery of five containerships upon the liquidation of Navios Europe.The five vessels comprise three Sub-Panamaxes and two Panamaxes, has been acquired for about USD 52 million…

Finnlines Orders 2 RoPax Vessels in China

Jan 08, 2020

Finnlines signed an order for two RoPax vessels with China Merchants Jinling Shipyard (Weihai), previously known as AVIC Weihai.In 2018, Finnlines ordered three hybrid StoRo ultra large green vessels at Jinling Shipyard, which is also now part of China Merchants Group…

SCHOTTEL to Equip Fireboat Pair

Jan 08, 2020

The Hamburg Port Authority (HPA) has chosen SCHOTTEL for two more fire-fighting vessels. Each of the fireboats features two rudderpropellers type SRP 150 L FP (380 kW each) with a propeller diameter of 1.10 m and a transverse thruster type STT 60 FP (100 kW)…

HMD Confirms Evergreen Boxship Order

Jan 05, 2020

South Korean shipbuilder Hyundai Mipo Dockyard (HMD), a unit of Hyundai Heavy Industries (HHI), has confirmed the KRW 110 billion ($100m) newbuilding order for four units of 1,800 TEU container carriers from Taiwanese shipping line Evergreen Marine Corporation…

HHI Projects a Revenue of $15.9Bn in 2020

Jan 05, 2020

South Korean shipbuilder Hyundai Heavy Industries (HHI) Group, which includes the world's largest shipyard, aims for a revenue of USD 15.9 billion in 2020.Yonhap News Agency said the combined target of Hyundai Heavy Industries Co., Hyundai Samho Heavy Industries Co…

Costa Smeralda Floated Out

Jan 03, 2020

Italian cruise line Costa Cruises said that Costa Smeralda is the first ship in the Costa fleet to be fueled by liquefied natural gas (LNG).  'This is a step change for the cruise industry as a whole, guaranteeing a substantially reduced environmental impact…

Containership Grounds in the Bosphorus Strait

Jan 02, 2020

A foreign cargo ship ran aground in Istanbul's Bosphorus strait on Friday, requiring a rescue operation and prompting authorities to temporarily close the picturesque and crowded waterway running through Turkey's largest city.There were no injuries or casualties…

BHP Mulls World's First LNG-Powered Fleet

Dec 30, 2019

Global miner BHP Group may award contracts worth close to $1bln to companies bidding to build the world’s first fleet of bulk ships fueled by liquefied natural gas (LNG).According to a report from the Sydney Morning Herald, the contracts could…

Meyer Werft to Launch 3 Cruise Ships in 2020

Dec 30, 2019

German shipyard Meyer Werft GmbH & Co. KG is all set to to launch three cruise ships in 2020. During the shipyard has handed over three modern cruise ships to international cruise lines.  'In the last twelve months alone, we have taken on 395 new employees in Papenburg…

COSCO Shipping and CNOOC Sign Pact

Dec 25, 2019

China’s largest offshore oil and gas producer China National Offshore Oil Corporation (CNOOC) and Chinese state-owned shipping and logistics giant China Ocean Shipping Company (COSCO) signed a strategic cooperation framework agreement.Capt. Xu Lirong…

Bourbon Assets Taken Over by Creditor Banks

Dec 23, 2019

French marine services group Bourbon Corporation, which has been in a court restructuring process after its business was hit by volatile energy markets, said its assets would be taken over by its creditor banks.Bourbon said the Marseille commercial…

Swire Shipping Extends South Pacific network

Dec 18, 2019

Swire Shipping, trading division of China Navigation Company, announced it will be entering a new vessel sharing partnership from New Zealand to Tonga, Samoa (Apia), Cook Islands and Fiji. This market leading service will depart every 10 days from Auckland…

Capital Product Partners Acquires Boxship Trio

Dec 18, 2019

Capital Product Partners (CPLP), a Greek shipping company engaged in the seaborne transportation, has agreed to acquire three 10,000 TEU sister container ships for USD 162.6 million from Capital Maritime & Trading Corp.The ships, M/V Athos, the M/V Aristomenis and the M/V Athenian…

Ulstein Painting SOV Windea TBN

Dec 18, 2019

Norwegian shipbuilder and ship designer Ulstein is currently carrying out the paint work on Bernhard Schulte’s new service operation vessel (SOV), the 'Windea TBN'.The SOV, which was launched on 15 October 2016, for the offshore wind industry was docked into our dock hall on 8 December 2019…

Logistics News

Long Term Rates Edge Up Globally as Red Sea Conflict Continues

Long Term Rates Edge Up Globally as Red Sea Conflict Continues

Turkey Halts All Trade with Israel

Turkey Halts All Trade with Israel

Young Brothers Is First in the US to Use Innovative Mooring System

Young Brothers Is First in the US to Use Innovative Mooring System

Electric Cars Pile Up at European Ports as Chinese Firms Struggle to Find Buyers

Electric Cars Pile Up at European Ports as Chinese Firms Struggle to Find Buyers

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