RCL Nets Financing for Two Edge-Class Cruise Ships

Image Courtesy: Celebrity Cruises

Miami-based cruise company Royal Caribbean Cruises has entered into credit agreements for the financing of the ...

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Terntank Takes Delivery of First Dual-Fuel Product Tanker

Image Courtesy: Terntank

Swedish tanker owner Terntank took delivery on June 28 of M/T Ternsund – the first in a series of four 15,000 ...

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DSME’s Former CEO Taken into Custody

Image Courtesy: DSME

Daewoo Shipbuilding & Marine Engineering’s (DSME) former Chief Executive Officer Nam Sang-tae was taken ...

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Fatal Accidents Rise at Bangladeshi Shipbreaking Yards

Image Courtesy: NGO Shipbreaking Platform

At least five shipbreaking workers have been killed and five more severely injured in a series of fatal accidents ...

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Wisdom Marine Orders Two Tankers in Japan

Image Courtesy: Wisdom Marine Lines

Taipei-based shipping company Wisdom Marine Lines has decided to enter the tanker shipping market as it ordered two ...

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Navig8 Chemical Adds New Tanker

Image Courtesy: Navig8 Chemical Tankers

Chemical shipping company Navig8 Chemical Tankers Inc. has taken delivery of its first stainless steel chemical ...

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Nordic Hamburg, Containerships to Build Eight Ships in China

Image Courtesy; Containerships

German-based Nordic Hamburg and the Finnish shipping firm Containerships have ordered up to eight short sea 1,400 ...

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Readers' Picks of the Week

Readers’-Picks

Interview: New Panama Canal to Shift Trade Patterns As the inauguration of the Expanded Panama Canal approaches, ...

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Japanese Shipyards' Orders Halved in May

Image Courtesy: HHI

Japanese shipbuilding woes continued in May as well, as the country’s shipyards secured just eight ...

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Austal to Build RoPax for Mols-Linien

Image Courtesy: Austal

Australian shipbuilder Austal has secured a contract to design and construct a 109-meter vehicle passenger (RoPax) ...

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RMC Notches First Shipbuilding Order

Image Courtesy: RMC

Finnish shipbuilding company Rauma Marine Constructions (RMC) has been awarded a contract to build a 158-meter long ...

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COSCO Zhoushan Hands Over Front Jaguar to Frontline

Image Courtesy: Frontline

Chinese COSCO (Zhoushan) Shipyard, a subsidiary of COSCO Shipyard Group, has delivered a 111,000 dwt oil tanker ...

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MHI Turning Back on Cruise Ships?

Image Courtesy: MHI

After experiencing cost overruns in its cruise ship sector, Japanese shipbuilder Mitsubishi Heavy Industries (MHI) ...

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Spotted: Second BigRoller off to Yamal

Image Courtesy: BigRoll Shipping

The Netherlands-based BigRoll Shipping has taken delivery of the second MC Class vessel, the BigRoll Bering. The ...

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Wan Hai Orders Eight Containerships in Japan

Image Courtesy: Wan Hai

Taiwan’s shipping company Wan Hai Lines has decided to expand its fleet as it ordered eight new ...

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Golar, Stonepeak Tie Up in Golar Power JV

Image Courtesy: Golar

Liquefied natural gas (LNG) shipping company Golar LNG Limited has teamed up with private equity firm Stonepeak ...

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GasLog Reveals USD 1.05 Bn in Financing

Image Courtesy: GasLog

Monaco-headquartered owner and operator of liquefied natural gas (LNG) carriers GasLog Ltd. has launched a debt ...

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HHI’s Unionized Workers Prepare to Strike

Image Courtesy: HHI

The financially troubled South Korean shipbuilder Hyundai Heavy Industries (HHI) could be hit by another hurdle as ...

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Readers' Picks of the Week

Readers’-Picks

COSCO Vessel Sets Sail to Make History in Panama The Neopanamax container vessel COSCO Shipping Panama has set sail ...

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DSME's Orderbook Still Ranked First

Image Courtesy: HHI

South Korean shipbuilding major Daewoo Shipbuilding and Marine Engineering (DSME) stayed at the top of the list in ...

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SCF Inks USD 260 Mn Loan to Finance Arctic LNG Tanker

Image Courtesy: DSME

Russia’s largest shipping company SCF Group (PAO Sovcomflot) and its compatriot VTB Bank signed a USD 260 ...

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Largest Nuclear-Powered Icebreaker Hits the Water

Image Courtesy: Baltic Shipyard

Russia’s shipbuilder Baltic Shipyard launched the largest nuclear-powered icebreaker Arktika on June 16 in ...

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CMES Receives Scrapping Subsidy from China

Image Courtesy: CMES

Shanghai-based shipping company China Merchants Energy Shipping Co., Ltd (CMES) has received a financial package as ...

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Korean Banks Hit Hard by Shipbuilding Woes

Image Courtesy: HHI

After South Korea launched a KRW 11 trillion (USD 9.5 billion) worth fund for state-run banks, the ...

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Stenaweco Impulse Christened in Copenhagen

Image Courtesy: Stena Weco

Chemical and product tanker Stenaweco Impulse, jointly owned by Swedish Stena Bulk and Danish Weco Shipping, was ...

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Auditors Reveal USD 1.28 Bn Accounting Fraud at DSME

Image Courtesy: DSME

An accounting probe launched into the financials of the South Korean shipbuilder Daewoo Shipbuilding & Marine ...

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SHI Lays Out Restructuring Plans

Image Courtesy: SHI

South Korea’s Samsung Heavy Industries (SHI) has unveiled details of its self-restructuring plan which ...

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