Contracting Activity Slashed in 2014

Contracting Activity Slashed in 2014

Weaker ordering in the bulk carrier sector contributed to around half of the y-o-y decline in total contracting ...

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Samsung Heavy’s Profit Plunges

shi

South Korean shipbuilder Samsung Heavy Industries (SHI) saw its revenue plummet in 2014, reaching KRW 12.8 ...

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VIDEO: Preps for Höegh Osaka’s Repair Underway

Preps for Höegh Osaka's Repair Underway

Preparation of a repair plan for the car carrier Höegh Osaka is underway, according to the vessel’s owner ...

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MHI Bags LNG Carrier Duo

Mitsubishi

Japan’s Mitsubishi Heavy Industries (MHI) has received an order for two next-generation LNG (liquefied ...

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Evergreen Joins 18,000 TEU Club

Evergreen Joins 18,000 TEU Club

Taiwan’s Evergreen Group, the owner of the world’s fifth largest container shipping company Evergreen ...

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Yinson Holdings Bags Eni Ghana FPSO Deal

Yinson Bags Ghana FPSO Operation Deal

Malaysia-based investment holding company Yinson Holdings Berhad has through its wholly owned subsidiary Yinson ...

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HSH Nordbank Looking to Offload Bad Shipping Loans

HSH Nordbank Looking to Offload Bad Shipping Loans

Hamburg-headquartered HSH Nordbank is ramping up the efforts to shed EUR 1.5 billion (USD 1.7bn) of bad shipping ...

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EximBank China Approves USD 494m in Shipbuilding Loans

EximBank China Approves USD 494m in Shipbuilding Loans

Export-Import Bank of China has granted a USD 312 million loan to Shanghai Waigaoqiao Shipbuilding for the ...

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HHI’s Order Intake Plunges

HHI's Order Intake Plunges

The newbuilding order intake of South Korean shipbuilder Hyundai Heavy Industries (HHI) has taken a plunge as the ...

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Image of the Day: Splashed

splashed

The image shows KOTUG Offshore’s tugs tow FPSO ‘PetroJarl 1′ to Damen Shiprepair Schiedam located ...

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South Asia Still Preferred Dumping Ground

South Asia Still Preferred Dumping Ground

Out of a total of 1026 ships dismantled globally in 2014, 641, representing 74% of the total gross tonnage (GT) ...

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Readers’ Picks of the Week (18-22 of Jan)

Maersk Mc-Kinney Moller

VIDEO: Fincantieri Starts Building Seven Seas Explorer Italian shipbuilder Fincantieri has laid keel for the Seven ...

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Xiamen Bags First LNG Carrier Order

Xiamen Bags First LNG Order

Chinese shipbuilder Xiamen Shipbuilding Industry has secured its first LNG Carrier order from Landmark Corporate ...

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McCain Stands Up for Jones Act Repeal

McCain

U.S. Senator John McCain took to the Senate floor on Thursday to defend his amendment to repeal the Merchant Marine ...

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Cruiseship Scrapes Hoegh Gallant

Cruiseship Scrapes Hoegh Gallant

A cruise ship has scratched Hoegh LNG’s FSRU, the Höegh Gallant, at a Hudong-Zhonghua Shipbuilding’s ...

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COSCO Zhoushan Delivers Two Bulkers

COSCO Zhoushan Delivers Two Bulkers

COSCO Zhoushan Shipyard said that it has delivered two newbuild 64,000 DWT bulk carriers to their customers. Bulk ...

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VIDEO: Fincantieri Starts Building Seven Seas Explorer

Fincantieri Starts Construction of Seven Seas Explorer

Italian shipbuilder Fincantieri has laid keel for the Seven Seas Explorer, the first super luxury cruise ship that ...

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SHI Seals Kogas Duo

SHI Seals Kogas Duo

Korean shipbuilder Samsung Heavy Industries (SHI) followed in the footsteps of its counterpart Daewoo Shipbuilding ...

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Image of the Day: SCF Melampus Sets Sail for Nigeria

Image of the day

LNG carrier SCF Melampus, which just joined the fleet of Russian shipping company Sovcomflot (SCF Group), has set ...

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Keel Laid for Crowley’s First LNG-Powered Ship

Keel Laid for Crowley’s First LNG-Powered Ship

The keel for the first of two liquefied natural gas-powered, combination container – Roll-On/Roll-Off (ConRo) ships ...

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MOL Takes Delivery of Newbuild Coal Carrier

MOL Takes Delivery of Newbuild Coal Carrier

Japanese shipping company Mitsui O.S.K. Lines has today taken delivery of the coal carrier Shin Yahagi Maru at ...

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DSME Signs Deal for LNG Quartet

DSME Signs Deal for LNG Quartet

South Korean shipbuilding giant Daewoo Shipbuilding and Marine Engineering (DSME) has concluded the deal with Korea ...

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Congress Reps Against Jones Act Amendment

US-Congress-Backs-Jones-Act

Some 32 bipartisan representatives of the United States Congress sent a letter to Senate leaders asking for ...

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Four South Korean Yard Workers Crushed to Death

Illustration: Geochung Shipbuilding's facilities

Four workers of Geochung Shipbuilding’s Busan-based yard have been crushed to death earlier today by ...

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Five Newbuild Tankers Join Scorpio

Five Newbuild Tankers Join Scorpio

Tanker owner and operator Scorpio Tankers has taken delivery of five newbuilding vessels. An LR2 product tanker STI ...

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Sembcorp Marine, Partners Target Innovative Hull Designs

A*STAR’s Institute of High Performance Computing (IHPC), Sembcorp Marine Ltd, University of Glasgow and ...

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Construction on BC Ferries’ First LNG Ferry Kicks Off

Construction on BC Ferries' First LNG Ferry Kicks Off1

The first steel has been cut for the first of three BC Ferries’ new intermediate class ferries (ICF) at a ...

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