Three people have died and four have been hospitalized after a cargo ship, identified as Jolly Nero of the Italian shipping line Ignazio Messina & C., crashed into a control tower on Tuesday night at around 23:00 in the Italian port of Genoa, BBC News reports citing Italian media. Accordingly, ten people were in the [...]
Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder, today announced the Company won a USD 700 million order for five 18,400 TEU containerships from China Shipping Container Lines (Hong Kong) Co., Ltd. The world’s largest containerships will feature an electronically-controlled main engine and two EcoBallast seawater treatment system. The electronically-controlled main engine will maximize fuel [...]
May 6, 2013 | Posted in
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South Koren shipbuilder Hyundai Mipo Dockyard Co (HMD), a subsidiary of HHI, has been awarded a contract to construct three bulk carriers for an unnamed European client. The contract, announced on May 2nd on the Korea Exchange, is said to be worth around $101 million. The delivery of the vessels is scheduled for March 2016. [...]
May 3, 2013 | Posted in
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SEACOR Holdings Inc. (SEACOR) announced on May 2 that it has executed an agreement with Hyundai Heavy Industries Co., Ltd. (HHI), through a subsidiary of SEACOR Ocean Transport Inc., for the construction of two Liquefied Petroleum Gas tankers (Very Large Gas Carriers, otherwise known as VLGCs) with expected deliveries in 2014 with an option to [...]
May 3, 2013 | Posted in
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Huntington Ingalls Industries announced on May 1 that the U.S. Coast Guard has awarded a $487 million, fixed-price-incentive-fee contract to its Ingalls Shipbuilding division to build the sixth National Security Cutter, Munro (WMSL 755). “Our Coast Guard customer continues to be extremely pleased with the performance of the NSC, and this contract proves that,” said [...]
May 2, 2013 | Posted in
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After triple-E container vessels orders made by A.P. Moller-Maesk A/S, China Shipping Container Lines (CSCL) announced the plan to order up to five vessels of the same type and become the second operator to add the new huge fuel-efficient vessels to its fleet. As it was announced on Shanghai stock exchange on Saturday, CSCL said [...]
Woodside advises that it has entered into an agreement with Shell that sets out the key principles that would apply if the Browse resources are developed using Shell’s Floating LNG (FLNG) technology. The agreement provides a framework that would enable the Browse joint venture to progress FLNG as a development concept. Woodside will immediately engage [...]
Sinopec Group announced that its subsidiary Kantons Investment had entered into a joint venture agreement with CS LNG, a wholly-owned subsidiary of China Shipping Development, establishing CESI. CESI is owned 51% by CS LNG and 49% by Kantons Investment. Under the terms of the joint venture agreement, CS LNG and Kantons Investment agreed to jointly [...]
April 29, 2013 | Posted in
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Leonhardt & Blumberg, operators of the 23,416 dwt container ship “HANSA MARBURG”, confirmed that the vessel was attacked by pirates some 130 miles south west of the Port of Malabo, Equatorial Guinea on April 22. Following the attack, four seafarers, i.e., Ukrainian, Kiribati and Russian citizens, were taken hostage. No injuries were reported among the [...]
Sluggish newbuilding market has proven a great time to invest for the long-term, especially for Wisdom Marine Group, one of the largest bulk ship owners in Taiwan, that decided to add nine new dry bulk carriers to its expanding fleet. Three Japanese shipyards, those being Sasebo Heavy Industries Co Ltd, Tsuneishi Shipbuilding Co Ltd and [...]
April 25, 2013 | Posted in
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