South Korean shipping major Korea Shipbuilding & Offshore Engineering Co. (KSOE) has signed a deal to construct two very large gas carriers for an undisclosed shipowner.
South Korean shipbuilders are resuming their winning streak from last year as they reap fruit from the growing demand for high-end ships featuring dual-fuel propulsion and advanced technology. The country’s key ship manufacturers have secured over $7 billion in new orders since the beginning of this
Oceanbird, a JV backed by Alfa Laval and Wallenius, and KTH Royal Institute of Technology are performing extensive tests on the Oceanbird wing model in the KTH L2000 wind tunnel. The team is testing the aerodynamics of the wings while exposing them to different wind conditions. This series of tests
Chinese shipbuilder New Times Shipbuilding (NTS) has started the construction of a new dual-fuel bulk carrier for Bermuda-based shipping company Himalaya Shipping.
South Korean shipbuilding major Hyundai Heavy Industries (HHI) has delivered the LNG carrier Asterix I to the Greece-based shipowner Capital Product Partners (CPLP). The shipping company bought the 174,000 cbm LNG carrier Asterix I in June 2022 while the vessel was still under construction at the Ko
Princess Dapeng, the world’s largest shallow draft LNG carrier, has been named and delivered to Chinese natural gas distribution company Shenzhen Gas. According to the ship’s builder Hudong Zhonghua, the 80,000 cbm vessel was named and delivered at CSSC Changxing Shipbuilding Base on 18 February. Sa
Canadian company Algoma Central Corporation and UK-based CSL Group, which together form the CSL International Pool, have placed an order for the construction of four new methanol-ready Kamsarmax-based ocean belt self-unloading vessels.
Even though it is an industry which is seeing major growth, European offshore wind saw no investments in an offshore wind farm in 2022 (except in a few small floating wind projects). Oil companies are also tip-toeing around new capital investments. Meanwhile, in the shipping sector, deals on new, gr
US-based expedition cruise ship owner SunStone Ships, a subsidiary of SunStone Maritime Group, has signed a contract for the construction of the seventh Infinity-class eco-friendly expedition cruise ship.
Netherlands-based Elegant Exit Company (EEC) has acquired the Wan Hai 165, a containership built in 1998, from Taiwanese shipping company Wan Hai Lines. The vessel was put up for demolition sale as part of a wider bidding process Wan Hai launched at the end of last year covering ten end-of-life cont
Hong Kong-based shipping company Seaspan has held a naming ceremony for the first liquefied natural gas (LNG)-powered 15,000 TEU boxship scheduled for charter with Israel-based shipowner ZIM Integrated Shipping Services.
German dry bulk operator Oldendorff Carriers has named its second Cazesize newbuilding built by Namura Shipbuilding in Japan. The vessel was named M/V Gina Oldendorff and follows the delivery of its sistership Alice Oldendorff, which was built also built by Namura and handed over in November 2022. B
Although liner heavyweight Mediterranean Shipping Company (MSC) is trying to keep its ordering of new boxships on the down low, details have emerged of the company’s ten recently ordered LNG dual-fuel containerships. The order was confirmed by China’s CIMC Group, which disclosed that the constructio
South Korean shipbuilder Korea Shipbuilding & Offshore Engineering Co. (KSOE) has inked a deal with an undisclosed shipowner for the construction of two liquefied petroleum gas (LPG) carriers.
