Connecting gears of the energy transition

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

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

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

Shipbreaking

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

Ship

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

Bulker

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

shipping

Here are the most read stories of the previous week.

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CMHI Haimen Launches, Cuts 1st Steel for SunStone Newbuilds

Ulstein

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

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Germany’s FSG Halts Operations due to Coronavirus

FSG

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

containership

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

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

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ClassNK: LPG Reformed Gas-Fueled Coastal LPG Ship Wins AiP

ClassNK

ClassNK granted AiP to Daihatsu Diesel for its concept design of an LPG reformed gas fueled coastal LPG carrier.

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Readers’ Picks of the Week

Here are the most read stories of the previous week.

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NACKS Hands Over Ultramax Bulker

Kawasaki Heavy Industries

Market Cooper, a 61,000 dwt bulk carrier newbuild, has been delivered to its owner, KHI said.

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OOCL Orders Five 23,000 TEU Giants in China

OOCL

Orient Overseas Container Line Limited orders five 23,000 TEU boxships at COSCO yards in China.

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COSCO Shipping Specialized Carriers Orders 8 Newbuilds

pulp carrier

COSCO Shipping Specialized Carriers ordered eight 62,000 dwt pulp carriers.

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KR: HHI Wins AiP for LNG Dual-Fuel Car Carriers

Korean Register

Korean Register grants to the LNG dual-fuel propulsion car carrier developed by Hyundai Heavy.

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Euronav Buying 4th Scrubber-Fitted VLCC Newbuild

Acquitane

Euronav has entered into an agreement for the acquisition of one VLCC newbuilding contract through a resale.

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Mayflower Autonomous Ship’s AI Captain Takes to Sea

Mayflower

Mayflower Autonomous Ship’s AI Captain is to go to sea this month for testing.

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20 Capesize Bulkers Scrapped Already in 2020

Bulker

Poor bulker markets have pushed owners to scrap 20 Capesize bulkers so far this year.

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CSSC Taps ‘Virus Bonds’ to Raise USD 717 Mln

Chinese currency

China State Shipbuilding Corp. raised USD 717 million to curb the impact of the coronavirus outbreak.

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