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.

DP World Buying Drydocks World, DMC

DP World will be splashing USD 405 million for the acquisition of Dubai’s ship repair business Drydocks World ...

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Sembcorp Marine Pens LoI for SeaOne's CGL Carriers

Singapore-based Sembcorp Marine and SeaOne Caribbean LLC (SeaOne) of Houston, Texas, have inked a letter of intent ...

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India Secures Loan to Upgrade Alang Recycling Yard

The Government of India has signed a loan agreement worth USD 76 million for a project to upgrade the environment ...

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CMA CGM Confirms Order for 22,000 TEU Giants

French container shipping major CMA CGM has confirmed the order for nine 22,000 TEU containerships while releasing ...

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Coralius Brings Its First LNG Cargo to Norway

Bunker vessel Coralius, carrying its first cargo of LNG, arrived at a terminal in Norway as part of its maiden ...

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CSIC Taking Stake in Two Subsidiaries

China Shipbuilding Industry Corporation (CSIC) is buying stakes in two of its subsidiaries, namely Dalian ...

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Japanese Lines to Order Up to 20 LNG-Powered Car Carriers?

Prompted by the upcoming environmental regulations set to enter into force in 2020, Japanese car manufacturer ...

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Clarksons: The Changing Nature of Orderbook

A substantial decline in size of the orderbook left many yards struggling to secure contracts as state-backed ...

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Construction of 1st Costa Cruises' LNG Ship Kicks Off

The steel-cutting ceremony for the first of two Costa Cruises’ ships to be powered by liquefied natural gas ...

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HHI Launches Paid Leave Scheme amid Work Shortage

South Korean shipbuilder Hyundai Heavy Industries (HHI) has agreed with its workers to implement a paid leave ...

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No Room for Overcapacity Fears from New ULCVs

The fresh overcapacity fears in Asia-North Europe trade, sparked by the rumored new orders for Ultra Large ...

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ABS Grants AIP for HHI FLNG Hull

Classification organization ABS has given Approval in Principle (AIP) to Hyundai Heavy Industries (HHI) for ...

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Silversea Cruises Orders USD 372 Mn Ship from Fincantieri

 Silversea Cruises has entrusted Italian shipbuilder Fincantieri for the construction of a new ultra-luxury cruise ...

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Five Dead, One Injured in Fire at ASL Marine's Batam Yard

Five people died and one person was injured in a fire which broke out at ASL Marine Holdings’ shipyard in ...

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Korea, Russia Look to Cash In from Northern Sea Route

Russia and Korea are working to bolster their maritime ties, especially as they eye the benefits of shipping ...

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Fincantieri Cuts Steel for New Princess Cruises' Ship

Italian shipbuilder Fincantieri held the steel cutting of the new ship for Princess Cruises, brand of Carnival ...

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SHI, Zvezda Shipbuilding Form a Joint Venture

South Korean shipbuilding major Samsung Heavy Industries (SHI) has signed a term sheet with Russian counterpart ...

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Rosneft Readies Shuttle Tanker, Ice Breaker Orders at Zvezda

Russian oil major Rosneft plans to order reinforced ice-class shuttle tankers from the Zvezda Shipbuilding Complex ...

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Kleven Secures Cash Injection from Hurtigruten-Led Investors

Norwegian builder of ferries and offshore support vessels has obtained an investment worth NOK 300 million (USD ...

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Torm Expands Fleet with New Tonnage

Danish shipping company TORM has expanded its fleet as it took delivery of two newbuilding MR2 chemical/product ...

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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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