Petrochemical Producers Supply Chain Survey

Petrochemical Update recently reached out to their extensive network of petrochemical supply chain & logistics purchasing managers to an insight into budgets

DSME Posts Lower H1 Profit

Shipbuilding

DSME wrapped up the first six months of 2018 with a lower profit year over year. 

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Yang Ming Confirms Order for 10 Units at CSBC Corporation

Yang Ming

Yang Ming has confirmed an order for ten 2,800 TEU boxships with compatriot CSBC Corporation.

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Meyer Werft to Float Out World's 1st LNG-Powered Cruise Ship

AIDAnova

AIDAnova, the world's first cruise ship to be entirely powered by LNG, is to leave the dock on August 21.

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Samsung Heavy Eyes Unpaid Leave as Orders Dry Up

Desert

Samsung Heavy Industries is to adopt a compulsory unpaid leave plan for its employees on the back of a drop in orders.

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Video: Maria Gracia Onorato Revealed in All Its Glory

Maria Gracia Onorato

Maria Gracia Onorato named and launched at a ceremony held on August 2, 2018 at FSG.

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GasLog Cuts Steel for New LNG Carrier

Shipping

GasLog started the construction of a 180,000 cbm LNG carrier at Samsung Heavy Industries' shipyard.

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JERA's New LNG Carrier Named at KHI's Sakaide Shipyard

LNG carrier Enshu Maru

A new LNG carrier, built for Japan's energy company JERA, was named KHI's Sakaide Shipyard on August 7.

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New Scrubber-Fitted Tanker Delivered to Navig8

Tanker

The first of eight scrubber-fitted LR2 tankers was handed over to Navig8 Product 2020.

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Latsco Gets More Funds to Finance Construction of MRs

Tanker

Latsco Shipping secures more money to finance the construction of its MR product tankers.

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MSC Cruises Agrees USD 1.7 Bn Loan for New Seaside EVO Ships

MSC Meraviglia

MSC Cruises secured an EUR 1.5 billion financing for two new Seaside EVO class cruise ships.

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Hermes Marine, Sinokor Merchant Marine on Ordering Spree

Bulker

Brokers: Hermes Marine and Sinokor Merchant Marine in for up to 14 newbuildings.

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Readers' Picks of the Week

Word Maritime News

Here are the most read stories from the previous week.

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Norled Orders Two More Diesel Electric Hybrid Ferries

LMG Marin Ferry Design

Norled orders two more double ended diesel electric hybrid ferries from Remontowa.

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Höegh LNG Agrees Financing for Ninth FSRU

Money

Höegh LNG has received commitment letters for a USD 177 million debt financing for FSRU #9.

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Teekay Offshore Partners Confirms 2 More Shuttle Tankers

Teekay shuttle tanker

Teekay Offshore Partners has brought its ordering tally at Samsung Heavy Industries to six shuttle tankers.

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CLdN Cobelfret Gets Loan to Buy RoRo Pair

CLdN Cobelfret has secured a loan from a German bank to buy two new roll-on/roll-off vessels. 

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MOL: New LNG Carrier to Work for Uniper

MOL unveils its first transportation service contract with Uniper following the delivery of LNG Schneeweisschen.

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Steel Cut for CMA CGM's 22,000 TEU Behemoths

CMA CGM 22,000 TEU

China State Shipbuilding Corporation (CSSC) has launched construction of CMA CGM's 22,000 TEU boxships.

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KOBC to Offer Financial Support to 10 Shipping Firms

Money

KOBC said it would offer financial support to ten small and medium-sized shipping companies.

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Readers' Picks of the Week

Here are the most read articles from the previous week.

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Dutch Maritime Sector Recovers after Difficult Years

A cautious recovery became apparent in the global shipbuilding industry in 2017, especially over the final months ...

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SBM Offshore Pens Leniency Deal with Brazilian Authorities

FPSO Cidade de Marica quayside Brasa shipyard in Brazil

SBM Offshore and SBM Holding Inc. signed a leniency agreement with the Brazilian authorities and Petrobras.

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Delos Shipping Linked to Order of Up to 12 VLECs

Money

Delos Shipping has been linked to an order of up to twelve very large ethane carriers (VLECs).

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Celebrity Edge Heads Off to Sea Trials

Celebrity Edge

The ship will undergo about 60 tests while at sea.

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BC Ferries Looking for Builders of Five New Ferries

BC Ferries

BC Ferries has issued Requests for Expressions of Interest for the procurement of five new ships.

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Fincantieri's Backlog at Record USD 37 Bn

Fincantieri

Fincantieri's orderbook jumped to 109 vessel during July, with record backlog of over EUR 32 billion.

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Keppel Shipyard Names Converted FPSO for Perenco

FPSO La Noumbi

Keppel Shipyard has christened an FPSO, converted from a crude oil tanker, for Perenco's affiliate.

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