Damen, EVC Join Forces on Expedition Cruise Ship Design

Damen SeaXplorer; Image Courtesy: Damen

Dutch shipbuilder Damen Shipyards Group has teamed up with the UK-based expedition consultancy Expedition Voyage ...

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Shell Scraps USD 4.6 Bn FLNG Order at Samsung Heavy South Korea’s shipbuilder Samsung Heavy Industries has received ...

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SHI’s Q1 Net Profit Climbs 45.9 Pct

Image Courtesy: SHI

Korea-listed Samsung Heavy Industries (SHI) booked a net profit of KRW 15.9 billion (USD 13.9 million) in the first ...

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Spotted: Ulstein’s 1st X-STERN Afloat

The first of two service operation vessels being built for the offshore wind industry was launched yesterday at ...

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Precious Shipping Drops Newbuild Trio at Sanfu

Image Courtesy: PSL

Bangkok-listed dry cargo ship-owner Precious Shipping said it will cancel three shipbuilding ...

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Carnival Vista Handed Over to Carnival Cruise Line

Image Courtesy: Fincantieri

Miami-based Carnival Cruise Line took delivery of its newest and largest ship, the 133,500-ton Carnival Vista at a ...

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HHI Axes Quarter of Its Executive Personnel

Image Courtesy: Hyundai Heavy Industries

South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has laid off 25 per cent of its executives as a ...

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Shell Scraps USD 4.6 Bn FLNG Order at Samsung Heavy

Image Courtesy: Samsung Heavy Industries

South Korea’s shipbuilder Samsung Heavy Industries has received a contract termination for three floating ...

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Jan De Nul’s Offshore Installation Vessel Named

Image Courtesy: Navingo

The new offshore installation vessel of the Jan De Nul Group was christened today by Her Majesty the Queen of ...

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South Korea's Biggest Shipbuilders Still in the Lead

Image Courtesy: HHI

Despite the historically low level of newbuilding orders seen in 2015, and a continued weak ordering streak in ...

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79 Pct of Ships Sold for Scrap in Q1 Ended Up in South Asia

Image Courtesy: NGO Shipbreaking Platform

Out of 239 end-of-life ships sold for breaking in the first quarter of 2016 a total of 79 per cent of ships ended ...

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Korea Overhauling Its Ailing Shipping, Shipbuilding Sectors

Image Courtesy: Hanjin

South Korean government is launching a corporate restructuring plan targeting its financially-troubled industries, ...

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Genting Hong Kong Seals Nordic Yards Takeover

Image Courtesy: Genting Hong Kong

Genting Hong Kong has concluded the EUR 230.6 million (around USD 260 million) acquisition of Nordic Yards’ three ...

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Insurance Claims for Chinese Newbuilds Most Frequent

Image Courtesy: CSSC

Vessels built in China have a higher claims frequency than those of other major shipbuilding nations, according to ...

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BW LPG and BW Pacific Fix Seven New Ships

Image Courtesy. BW Group

Maritime companies BW LPG Limited and BW Pacific have found work for seven new vessels as the companies signed time ...

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HHI Returns to Black in Q1, Ends Losing Streak

Image Courtesy: HHI

South Korean shipbuilding major Hyundai Heavy Industries (HHI) has wrapped up its first profitable quarter after ...

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CSSC Shipping Secures USD 245 Mn Loan for Six Bulkers

Image Courtesy: CSSC

CSSC (Hong Kong) Shipping, a ship owning and leasing arm of China State Shipbuilding Corporation (CSSC), has ...

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VIDEO: MV Berlin Reaches Rostock after 4 Years of Delay

After four years of delay, a new hybrid ferry owned by the German-Danish ferry operator Scandlines reached its ...

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No Bidders in Sainty Marine’s Second Auction

Image Courtesy: Sainty Marine

The second asset auction of Shenzhen-listed shipbuilder Jiangsu Sainty Marine has failed as the sale of the ...

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Netherlands, Indonesia Forge Maritime Ties

Image Courtesy: The Government of Netherlands

The Netherlands and Indonesia have signed a maritime collaboration agreement in an effort to strengthen ties in the ...

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Navig8 Product Tankers Secures Loan for 4 Newbuilds

Image Courtesy: Gener8 Maritime

Shipping company Navig8 Product Tankers Inc. has entered into a USD 130.3 million senior secured credit facility ...

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Keel Laid for Mein Schiff 6 as Mein Schiff 5 Nears Delivery

Image Courtesy: Meyer Turku

Finland-based Meyer Turku shipyard started today the assembly of TUI Cruises ship Mein Schiff 6 with the laying of ...

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Spotted: Magnolia State Christened by NASSCO

Image Courtesy: NASSCO

One day after the Earth Day celebration all over the world, Californian shipbuilder General Dynamics NASSCO held a ...

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EKTANK Orders Chemical Quartet at CSSC Chengxi

Image Courtesy: Ektank

Swedish shipowner EKTANK AB has signed a construction contract with Chinese shipbuilder CSSC Chengxi Shipyard for ...

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MHI in Financial Woes Due to AIDA Cruises Ships

Image Courtesy: Youtube/AIDA Cruises

Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) has booked additional extraordinary loss of JPY 50.8 billion ...

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Scandlines' New Ferry Starts Final Tests before Delivery

Image Courtesy: Scandlines

A new hybrid ferry owned by the German-Danish ferry operator Scandlines left the Danish shipyard Fayard on 20 April ...

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Sembcorp Marine Resorts to Arbitration over Sete Contracts

Image Courtesy: Sembcorp Marine

Singaporean shipbuilder Sembcorp Marine Ltd has launched an arbitration proceedings against various subsidiaries of ...

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