Sustainability in the heavy lifting industry

Cost efficiency and sustainability, two topics that are frequently discussed in the offshore and maritime industry. There are many developments and innovations going on in this area.

Class Needs to Keep Up with Industry's Digitalization

Classification societies need to keep pace with the digitalization of the shipping industry in order to support the ...

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Bahri Expands Fleet with Another VLCC

National Shipping Company of Saudi Arabia (Bahri) has taken delivery of the very large crude carrier (VLCC) ...

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Wärtsilä to Equip New LNG Bunker Barge

Finnish technology group Wärtsilä has been hired to supply the cargo handling system and cargo tanks for a new 3000 ...

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CSIC About to Seal Restructuring Deal

China Shipbuilding Industry Corporation (CSIC), which suspended trading of its stock back in May due to a ...

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Strike at Hanjin’s Subic Yard in the Cards?

A strike seems to be looming at Hanjin Heavy Industries and Construction Philippines (HHIC-Phil) amid ...

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Meyer Werft Lays Keel for AIDAnova

Miami-based cruise company Carnival Corporation has held a keel-laying ceremony of the first ship of its new ...

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Report: NYK Line Books Construction of 4 VLCCs

Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK) Line has placed an order for up to four very large ...

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BWM Convention Compliance Comes with USD 100 Bn Price Tag

The shipping industry may collectively need to spend around USD 100 billion in order to install the new ballast ...

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Meyer Turku Ups Investment Package to USD 185 Mn

Finnish shipbuilder Meyer Turku is more than doubling its investments to EUR 185 million (USD 220.6 million) from ...

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Cash-Strapped Triyards Having Trouble Completing Projects

Singapore-based Triyards Holdings Limited said it was reassessing its ability to continue or to complete current ...

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Japanese Firms Join Forces on LNG-Fueled Ferry

Japan-based K Line Kinkai and Kawasaki Kisen Kaisha (K Line) have decided to team up in a joint study related to a ...

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Royal IHC to Build Reel-Lay Vessel for Subsea 7

Dutch shipbuilder Royal IHC has signed a letter of intent (LOI) with Subsea 7 S.A. for the construction of a new ...

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Oldendorff Carriers Revives Contract for Handysize Pair

Oldendorff Carriers has renewed two newbuilding contracts, which were concluded originally in June 2012 with ...

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Nissen Kaiun Orders Ten Panamax Bulkers

Japanese marine transportation company Nissen Kaiun has placed an order for ten 82,000 DWT bulk carriers at ...

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SHI, Inmarsat Team Up on Smart Ship Connectivity

Samsung Heavy Industries (SHI) has joined forces with Inmarsat under a Memorandum of Understanding (MoU), ...

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Austal to Build Catamaran Duo for Taiwanese Firm

Australian shipbuilder Austal has received its first commercial vessel contract, valued at AUD 44 million (USD 35 ...

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Aegean Shipping Management Breaks into Dry Bulk Market

Greek tanker owner Aegean Shipping Management S.A. has signed an order with Chinese Cosco Shipping Heavy Industry ...

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DMSE in Talks to Delay Delivery of LNG Carrier Duo

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) said in a stock exchange filing that it ...

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Thun Tankers Orders Fifth Newbuilding

Dutch coastal shipping company Thun Tankers has declared the option for a fifth tanker to be added to the ...

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Spotted: ESL Shipping Splashes LNG-Powered Bulker

Viikki, the new eco-friendly dry cargo vessel of Finnish dry bulk shipping company ESL Shipping, part of Aspo Plc, ...

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OOCL Welcomes 3rd 21K TEU Behemoth

The third 21K TEU+ size containership owned by Hong Kong’s shipping company Orient Overseas Container Line ...

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KHI Names New LNG Carrier for Ichthys Project

Japan’s shipbuilder Kawasaki Heavy Industries (KHI) has christened the newly-built liquefied natural gas ...

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Seabourn Ovation Hits Water at Fincantieri's Genoa Yard

Seabourn Ovation, the second ultra-luxury cruise ship being built for Seabourn Cruise Line, was launched by Italian ...

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Update: Strike at Damen’s Galati Shipyard Over

The workers’ strike at Damen’s Galati shipyard in Romania has ended, it has been confirmed to World ...

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HMM Launches USD 580 Mn Shopping Spree

South Korean shipping company Hyundai Merchant Marine (HMM) is moving forward with its plans to modernize fleet and ...

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Report: Pantheon Orders Tanker Pair at STX Offshore

Greece-based shipping company Pantheon Tankers has been linked to an order of two 50,000 dwt tankers, in addition ...

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