Connecting gears of the energy transition

The energy transition is one of the greatest challenges of our time

SKDY Gets ClassNK AiP for LNG-Fueled Chemical Tanker Design

LNG-Fueled Tanker

ClassNK grants AiP to Shin Kurushima Dockyard for a concept design of 49,000 dwt LNG-fueled chemical tanker.

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EU Commission Stops the Clock on HHIH-DSME Merger Probe


EU Commission has suspended the full-scale probe into the proposed acquisition of DSME by HHIH.

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SEA Europe Calls for EU Protection from Covid-19 Crisis


SEA Europe: Europe risks to lose its strategic maritime technology sector to Asia.

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Cruise Shipbuilding Boosts Fincantieri's Revenues


Fincantieri closed 2019 with record revenues driven by a significant increase in cruise ship production volumes.

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World's Largest Boxship to Start Sailing at the End of April

HMM Blessing

The delivery of 24,000 TEU containerships to HMM will not be delayed.

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DSME Wins VLCC Order from Pan Ocean

Pan Ocean, DSME sign VLCC contract

DSME has secured an order for a very large crude oil carrier from Pan Ocean.

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OSG Secures Loan to Finance Jones Act ATB Newbuild


Overseas Shipholding Group (OSG) closes a USD 33,150,000 loan to finance its new oil and chemical ATB.

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AAM to Complete US 1st Hydrogen Fuel Cell Vessel

Hydrogen Ferry

All American Marine is to complete the aluminum construction of a hydrogen-powered, electric drive vessel.

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Japanese Company to Build World's First All-Electric Tankers

Electric Tanker

Japan's Asahi Tanker plans to build the world's first two zero-emission electrically powered tankers.

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Japan's Two Shipbuilding Giants to Form JV in October


Imabari Shipbuilding and Japan Marine United Corporation agree to form a joint venture.

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Coronavirus' Impact on New Cruise Ship Orders to Be Immense

Meyer Werft

Apart from the ongoing health crisis, the cruise industry is currently also faced with an economic crisis. 

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FSG Delivers Eighth RoRo Newbuild to Siem

FSG has delivered another 32,336 GT roll-on/roll-off (RoRo) ferry to Siem Europe. 

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Fincantieri Extends Production Halt


Fincantieri will further extend the work stoppage at all its military and cruise vessel production plants and offices.

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Shiprecycling in Pakistan and India in Limbo


The coronavirus pandemic has practically paralysed the ship demolition market in South Asia.

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DP World's P&O Maritime Logistics Orders Ship Pair


Dubai-based P&O Maritime Logistics (POML) is to build two multipurpose vessels for Papua New Guinea ops.

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Major Slippage of Drybulk Deliveries from China Imminent


Only 1 dry bulk vessel of the planned 24 newbuildings was delivered by Chinese shipbuilders in February 2020.

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MV Werften Stops Production at Its Shipyards for 4 Weeks

MV Werften

MV Werften has decided to stop production at its yards in Wismar, Rostock and Stralsund.

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Swire Shipping's First of Eight Newbuilds Starts Ops

Swire Shipping

Swire Shipping has announced the entry into service of its first 2,400 TEU newbuild vessel, MV Changsha.

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Readers' Picks of the Week


Here are the most read stories of the previous week.

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CMHI Haimen Launches, Cuts 1st Steel for SunStone Newbuilds


On March 16, China Merchants Heavy Industry (CMHI) Haimen celebrated two milestones.

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Germany's FSG Halts Operations due to Coronavirus


Germany's shipbuilder Flensburger Schiffbau-Gesellschaft has suspended all operations due to the coronavirus.

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P&O Cruises' New LNG-Fueled Vessel Leaves Shipyard

Meyer Werft

Iona left Meyer Werft shipyard in Papenburg, Germany, on March 18 to be conveyed on the river Ems to Eemshaven.

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Yangzijiang Shipbuilding Inks USD 1.15 Bln Boxship Deal


Yangzijiang Shipbuilding has inked a shipbuilding contract with Tiger Group for up to 10 container vessels.

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LNG-Powered CMA CGM Jacques Saade Heads for Sea Trials

CMA CGM Jacques Saade

The 23,000 TEU LNG-powered containership giant CMA CGM Jacques Saade has set sails for sea trials.

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Alfa Laval Cutting Costs to Mitigate COVID-19 Impact

Alfa Laval

Alfa Laval to launch a cost reduction program to address the expected weaker market conditions.

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Oman's Asyad Group Merges Shipping, Ship Repair Businesses

Oman Shipping

Asyad Group has decided to integrate Oman Shipping Company and Oman Drydock Company.

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Fincantieri Halts Production for 2 Weeks


Fincantieri has suspended production activities at its Italian shipyards to curb the spread of the coronavirus.

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