A consortium led by Harim Group, the parent company of bulker operator Pan Ocean, has secured its position as the preferred bidder for the acquisition of South Korean shipping company HMM, Harim confirmed earlier today in a regulatory filing. The consortium, comprising Harim and its private equity p
South Korean shipbuilder Samsung Heavy Industries (SHI) has received a court order to pay KRW 378 billion (about $290 million) to compatriot SK Shipping due to defects in the cargo holds of two liquefied natural gas (LNG) carriers.
UK-based shipping company Zodiac Maritime has teamed up with Lloyd’s Register (LR), South Korean shipbuilder HD KSOE and power plant design and engineering company KEPCO E&C in a joint development project for the research and development of nuclear-propelled ship designs. The companies have signed a
The first two electric tugs for SAAM Towage’s fleet, built by the Turkish shipyard Sanmar, are ready to sail from the Port of Tuzla to Vancouver, Canada, where they will join the fleet operating in that country. The Chile-based tug provider operates more than 20 tugs along Canada’s west coast at nin
Finish technology group Wärtsilä has been contracted to supply the cargo handling and liquefied petroleum gas (LPG) fuel supply systems for a new medium gas carrier (MGC) vessel being built for Turkish shipowner Pasco Gas.
Japanese shipping major Mitsui O.S.K. Lines (MOL) is expanding its fleet with five additional newbuilding LNG dual-fueled Capesize bulkers. Namely, MOL revealed that two vessels will be ordered at compatriot Nihon Shipyard and built by Imabari Shipbuilding Co. Furthermore, Chinese shipbuilding heavy
A shipyard in China has begun the production of the seventh and final Infinity-class expedition cruise ship ordered by Florida-based expedition cruise ship owner SunStone Ships, part of SunStone Maritime Group.
German shipbuilder Meyer Werft has held a traditional keel-laying ceremony for the LNG-powered ASUKA III cruise ship, being built for NYK Cruises, a subsidiary of Japanese shipping company NYK. The event took place at the Meyer Werft shipyard in Papenburg, Germany, on December 12. The ceremony saw t
Damen Shipyards launched its fully electric Service Operations Vessel (SOV) with offshore charging capabilities at this year’s Offshore Energy Exhibition & Conference (OEEC) in Amsterdam. Mark Couwenberg, Product Portfolio Manager SOV, and Rebecca Belmer, Project Engineer Design & Proposal, have sha
Polish shipbuilder Remontowa Shipbuilding S.A. has signed a contract to construct a hybrid-powered passenger-car ferry for Torghatten Nord AS, one of the largest ferry operators in Norway. The ferry will be fitted with two azimuth thrusters with vertically mounted electric motors powered by batterie
AtoB@C Shipping, a Swedish subsidiary of Finland-based shipping company ESL Shipping, has taken delivery of Electramar, the first vessel in the series of twelve energy-efficient plug-in hybrid vessels.
Spanish ferry operator Baleària has launched its second LNG dual-fuel fast ferry Margarita Salas at the Armon Shipyard in Gijón, where it is currently under construction. Worth a total investment of €126 million, Baleària’s Margarita Salas is set to commence operations next summer. “We already had a
U.S.-based tanker owner and operator Overseas Shipholding Group (OSG) has inked an engine upgrade program with German powerhouse MAN Energy Solutions for its Alaskan Class fleet. The upgrade program covers four vessels from the series including Alaskan Explorer, Alaskan Frontier, Alaskan Legend, and
Finnish technology group Wärtsilä has been contracted to supply the cargo handling and fuel supply systems for four new 40,000 cbm gas carrier vessels.
