Category archives for: Headlines

MOL, DSME Pen Yamal LNG Carriers Deal

MOL, DSME Pen Yamal LNG Carriers Deal

TOKYO-Mitsui O.S.K. Lines, Ltd. today announced that joint venture companies between MOL and China Shipping Company, concluded and signed shipbuilding contracts with Daewoo Shipbuilding & Marine Engineering Co., Ltd. in Korea to build three ice class LNG carriers.   These ice class carriers are intended for Yamal LNG project, which is currently Russian’s most strategic […]

EURONAV Resumes Its Shopping Spree

EURONAV Resumes Its Shopping Spree

Crude tanker company EURONAV is further strengthening its fleet capacity and this time with a deal to purchase four modern Japanese built VLCC vessels worth USD 342 million.   The vessels are on average 3 years old. As explained by the company, the transaction allows EURONAV to expand its existing fleet with an ‘en bloc’ […]

Ukraine to Close Crimean Ports

Ukraine to Close Crimean Ports

Ukraine shall close the ports located on the territory of the Autonomous Republic of Crimea for international shipping, the Ukrainian Government said this morning.   The decision on closing relates to the ports Evpatoria, Kerch, Sevastopol, Feodosia, Yalta and Sevastopol. The move stems from a corresponding decree issued on June 16th, 2014  “On closing of […]

Top News of the Week June 30th-July 4th

Top News of the Week June 30th-July 4th

How Many Containers Have Shippers Lost at Sea? The World Shipping Council (WSC) estimates in its report on containers lost at sea that for the combined six year period from 2008 to 2013, there were 546 containers lost on average each year. VIDEO: Prelude – Revolution in Natural Gas Production Shell is building the world’s […]

BG Group Orders Big in China

BG Group Orders Big in China

BG Group and the investor of Queensland Curtis LNG Project have contracted Hudong-Zhonghua Shipbuilding Co., Ltd. to build four LNG carriers plus two options.   With GTT No.96 E-2 membrane-type cargo tanks, these 174,000 m3 vessels are 290m in length, 46.95m in breath and 26.25m in depth (moulded). The vessels can be operated at a service […]

VIDEO: Countdown Begins for Concordia’s Refloating

VIDEO: Countdown Begins for Concordia’s Refloating

Installation of the last sponson, P1, on the port side of the wreck of the cruise ship Costa Concordia was completed as planned yesterday afternoon.   Now, ahead of authorization from the Monitoring Observatory, technicians can start to test all the systems for the final refloating of the Concordia. ” we can start the countdown […]

24,000 Teu Containership Imminent

24,000 Teu Containership Imminent

Preparations for the construction of a 24,000 teu containership, which is 5,000 teu bigger than the current largest vessel, are gearing up and could start in 2016, as forecast by Ocean Shipping Consultants (OSC).   These giants of the sea would feature 430m times 62m in size, although their draught would be kept at 16m. […]

CSD Eyes Three LNG Carriers

CSD Eyes Three LNG Carriers

Shanghai-listed China Shipping Development (CSD) has confirmed that its Board of Directors has decided to order three LNG carriers. The official contracts with the shipbuilder of these three vessels will be signed later this month. The LNG carriers are envisaged to work on Russia’s Yamal LNG project. The three newbuildings will be ordered via CSD’s […]

Scorpio Tankers Takes Delivery of Three PCs

Scorpio Tankers Takes Delivery of Three PCs

Scorpio Tankers Inc., a global provider of marine transportation of petroleum products, has announced that it has recently taken delivery of three product tankers under its Newbuilding Program. STI Brixton, a Handymax Ice Class 1A product tanker was delivered from Hyundai Mipo Dockyard of South Korea on June 27, 2014. Upon delivery, this vessel began a […]

Italian Govt Gives Green Light to Tow Concordia to Genoa

Italian Govt Gives Green Light to Tow Concordia to Genoa

The Italian Government has approved the transportation of the Concordia wreck to Genoa for dismantling and recycling and technicians are ready for refloating the wreck in two weeks. “The Cabinet’s approval of the project for transportation of the Concordia to Genoa for dismantling and recycling means that achievement of the goal we set ourselves 2½ […]

Advertisement





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