Category archives for: Headlines

Tsuneishi to Build Four Feederships for SIPG

Tsuneishi to Build Four Feederships for SIPG

Tsuneishi Group has received orders for four 1,020 TEU container carriers from the Hong Kong-based subsidiary of Shanghai International Port (Group) Co., Ltd. (SIPG). The four ordered vessels feature latest improvements in fuel efficiency. Reductions in both fuel consumption and nitrogen compounds contained in gas emissions are achieved by applying an engine in which fuel […]

Saipem Nets Two FPSO Contracts Worth Over $4 Bln

Saipem Nets Two FPSO Contracts Worth Over $4 Bln

Saipem has been awarded two contracts in Angola by Total, for a combined total of more than $4 billion. The main contract is worth more than $3 billion, and is an EPCI for the engineering, procurement, installation and commissioning of two converted turret-moored Floating Production Storage and Offloading units (FPSO) for the Kaombo Field Development […]

NYK Introduces Eight New Boxships

NYK Introduces Eight New Boxships

NYK has reached time charter agreements for eight new containerships, to be built at the Kure shipyard of Japan Marine United Co. Ltd., each capable of carrying 14,000 TEUs. These ships, which will be delivered from February 2016 through January 2018, will have improved fuel efficiency and cargo loadability among today’s container ships of similar size. […]

Top News of the Week April 7 – April 12, 2014

Top News of the Week April 7 – April 12, 2014

Video: Damen’s Shipment Reaches Rotterdam Last Friday, a shipment that left China seven weeks ago carrying 13 new Damen Stan Pontoons and 10 other Damen vessels arrived in Rotterdam. ILO Visits ‘B Ladybug’ Drifting off Malta International Labour Organization (ILO) representatives visited the crew of the B Ladybug, a Ro-Ro ship, which has been stranded […]

Celsius Shipping on the Rise

Celsius Shipping on the Rise

Monaco-based Celsius Shipping has increased its current orderbook for 24,600 dwt stainless steel chemical tankers to ten firm vessels. Celsius and Nantong Mingde Heavy Industry recently signed a contract for the construction of seven more 24,600 dwt chemical tankers with options for additional four. However, the company didn’t want to comment, other than to say that the […]

GasLog Buys Six LNG Carriers

GasLog Buys Six LNG Carriers

GasLog Ltd. (GasLog) has completed the acquisition of three ships from Methane Services Ltd. (MSL), an affiliate of BG Group, and agreed to acquire an additional three LNG carriers from the same company and to charter those ships back to MSL for six-year initial terms on average. The time charters back to MSL for the […]

ZEABORN on Order Spree

ZEABORN on Order Spree

A new German shipping company ZEABORN GmbH & Co. KG (ZEABORN) confirmed an order for ten multi-purpose vessels (MMPs) at Taizhou Sanfu Ship Engineering from China. The 12,500-dwt units will be delivered in three-month intervals starting from the fourth quarter of 2015. The heavy-lift cargo vessels are based on a modern economic design, which is […]

Hyundai Mipo Adds Ten Product Carriers

Hyundai Mipo Adds Ten Product Carriers

South Korea’s Hyundai Mipo Dockyard (HMD) has been awarded a $330.5 million contract to build ten product carriers for a Marshall Islands-based shipper. The deal, announced yesterday on the Korea Exchange, didn’t reveal many details on the vessel particulars and delivery dates. But one thing is for sure, steel cutting ceremony for the first vessel is […]

SHI Lands $1.28 Bln Deal for Two Drillships

SHI Lands $1.28 Bln Deal for Two Drillships

Samsung Heavy Industries (SHI), one of South Korea’s ‘Big Three’ shipbuilders, announced today in its regulatory filing that it has won a $1.28 billion order for the construction of two drillships. The contract, signed yesterday with an Oceania-based owner, is this year’s first major deal for the shipbuilder. According to the filing, delivery of the […]

Top News of the Week March 31 – April 5, 2014

Top News of the Week March 31 – April 5, 2014

Two Missing after Ship Collision off Spain Singapore-flagged car carrier Baltic Breeze collided with a Spanish fishing vessel near the Port of Vigo, Spain Tuesday morning. Universal Marine Orders Four Boxships Dutch shipper Universal Marine has placed an order, its biggest yet, for four 2,350 TEU containerships to be built at Sainty Marine Corp. Ltd. […]

Advertisement





lb
McAfee SECURE sites help keep you safe from identity theft, credit card fraud, spyware, spam, viruses and online scams