Impact of Smart Ships on Seafarers

The smart ship revolution brings a myriad of challenges for seafarers

Avance’s Newbuilds to Be Refitted by End of May

Owner and operator of very large gas carriers Avance Gas said that its newbuilds VLGC Breeze and VLGC Monsoon are ...

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Scorpio Bulkers Offloads Three More Newbuilds

Owner and operator of bulk carriers Scorpio Bulkers Inc. has resumed the sell-off of its newbuiling orders as it ...

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Golden Ocean Reshuffles Fleet, Delays Newbuilds

Bermuda-registered dry bulk shipping company Golden Ocean Group Limited has taken various initiatives with respect ...

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Newbuilds 10% Less Fuel Efficient than in 1990

Transport & Environment

The historical development of the efficiency of new ships shows that the fuel efficiency of newbuilds has actually ...

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Tanker Newbuilds Spark Biggest Interest in Week Two

The newbuilding market for the second week of January, 2015  has seen some signs of recovery especially in the ...

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Scorpio Pens Loan to Finance Capesize Newbuilds

Bulk transporter Scorpio Bulkers Inc. has signed a Memorandum of Understanding with ABN Amro Bank N.V. and the ...

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TEN Rakes In

TEN Rakes In

Athens-based tanker owner and operator Tsakos Energy Navigation Limited (TEN) has reported an improved net income ...

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Scorpio Set to Raise USD 150 Million for Its Newbuilds

Dry bulk transporter Scorpio Bulkers Inc. revealed plans yesterday to raise USD 150 million through private ...

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Bocimar Pulls Plug on Six Newbuilds

Bocimar Pulls Plug on Six Newbuilds

After cancelling the order for four units from Samjin Shipyard earlier this year, dry cargo specialist Bocimar, a ...

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Hyproc Turns to Hyundai Heavy for LNG Newbuilds

Hyproc Turns to Hyundai Heavy for LNG Newbuilds

Hyundai Heavy Industries Co., Ltd. (South Korea), has received an order for two newly built LNG tankers with an ...

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Scorpio Takes Facility to Finance Dozen Newbuilds

Scorpio Takes Facility to Finance Dozen Newbuilds

Scorpio Bulkers has received commitments from DNB Capital, the Export-Import Bank of Korea, Korea Trade Insurance ...

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DSME Back at MAN Diesel & Turbo

DSME Back at MAN Diesel & Turbo

MAN Diesel & Turbo has received an order for four MAN B&W 5G70ME-GI engines in connection with Daewoo ...

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TOTE Assigns LNG Newbuilds to Puerto Rico Link

TOTE Assigns LNG Newbuilds to Puerto Rico Link

The U.S.-based TOTE Shipholdings Inc., and Sea Star Line LLC, operating companies of TOTE Inc., have agreed on the ...

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Nam Cheong Beefs Up Portfolio

Nam Cheong Beefs Up Portfolio

Singapore Main Board-listed Nam Cheong Limited  has sold one 5,150 bhp Anchor Handling Towing Supply Vessel (AHTS) ...

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Scorpio Rejuvenates Tanker Fleet

Scorpio Tankers Inc., a global provider of marine transportation for petroleum products,  announced today that it ...

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ABS: Cost Efficiency Key for Newbuilds

The current shipping prices have been posing significant challenges for the North European market which have been ...

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Wärtsilä to Look After Harvey Gulf’s Newbuilds

Wärtsilä to Look After Harvey Gulf's Newbuilds

Wärtsilä has signed a long-term Technical Management Agreement with Harvey Gulf International Marine LLC. This ...

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Slow Week for Dry Bulk Newbuilds

A couple of orders to report in dry sector this week with Santoku Senpaku adding further Kamsarmax to their ...

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Summer Lull Not Over Yet for Newbuilds

The summer lull that took over the newbuilding market is not over yet, as prices for new ships are forecast to ...

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Avance Newbuilds Burning Again

Avance Newbuilds Burning Again

Avance Gas Holding Ltd  has been informed that there has been another fire incident involving cargo tank no. 3 on ...

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Cochin Shipyard Eyes Gail’s LNG Newbuilds

India’s Cochin shipyard ltd (CSL) is interested in constructing LNG ships for India’s gas utility Gail India ...

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