Russia’s state-owned shipping company Sovcomflot (SCF Group) has welcomed into the fleet a new generation LNG-fuelled Aframax oil tanker Okeanskiy Prospekt. The 112,650 dwt ship was built at the Zvezda SSC in Primorsky Territory, and its construction was financed by the Russian state development cor
Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) has fully transferred the new shipbuilding area of the Koyagi Plant at Nagasaki Shipyard & Machinery Works to compatriot Oshima Shipbuilding. The transfer of dock and quay facilities was completed on December 27 in line with the agreement signed in Mar
South Korean shipbuilder Hyundai Samho Heavy Industries hosted keel laying ceremonies for two LNG carriers on the same day earlier this week. The keels were laid for two 174,000 cbm LNG carriers that are being built for Norway-based Knutsen OAS Shipping AS. The vessels will be classed by Lloyd’s Reg
Container shipping major Maersk has launched the construction of its 16,200 TEU dual-fuel containerships that can run on green methanol. Namely, South Korean shipbuilder Hyundai Heavy Industries hosted a steel-cutting ceremony for what is believed to be the first vessel from the series on November 2
South Korea’s defense and energy conglomerate Hanwha Group is reportedly looking to acquire a controlling share in compatriot marine engine maker STX Heavy Industries. Hanwha has set sights on buying a 47.81 percent share in the company from a local equity firm Pinetree Partners worth an estimated K
The third 24,100TEU containership built by Chinese shipbuilder Hudong-Zhonghua Shipbuilding for Swiss shipping major Mediterranean Shipping Company (MSC) has been launched.
Chinese shipbuilding company Xiamen Shipbuilding Industry, part of Fujian Mawei Shipbuilding, has held a steel-cutting ceremony for the first liquefied natural gas (LNG)-powered RoRo ship being built for Bank of Communications Leasing (Bocomm Leasing) and COSCO Haite.
This year saw an ordering spree for LNG carriers amid spiking demand for LNG driven primarily by the ongoing geopolitical turbulence in Europe as the EU battles to break away from dependence on Russian gas instigated by Russia’s war in Ukraine. A total of 162 new orders have been placed so far this
CSSC Huangpu Wenchong, a subsidiary of the China State Shipbuilding Corporation, has launched the second multi-purpose gas carrier being built for compatriot LPG carrier owner Tianjin Southwest Maritime (TSM). The 9,500 cbm vessel (hull number H5509) is the second ship from the series currently unde
Japanese shipping heavyweight NYK has held a naming ceremony for the second dual-fuel very large gas carrier (VLGC) for charter with LPG trader and importer Astomos Energy Corporation.
South Korean Hyundai Heavy Industries Group has changed its name to HD Hyundai, the company said in a regulatory filing. According to Korean media reports, the name change coincides with the 50th anniversary held in Seongnam, Gyeonggi Province, which served as the stage for the company to declare it
Chinese shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) is rounding off 2022 with the delivery of 209 ships, the equivalent of 14 million dwt. CSSC said that this year it secured the largest portion of new shipbuilding orders in the world, despite the challenges caused by the p
South Korean shipbuilder Samsung Heavy Industries announced that it has successfully demonstrated its own Boil-off gas Recovery System (BReS), and received a Statement of Fact from the ABS classification society. BReS is a system that recovers boil-off gas that is naturally evaporated in the fuel ta
Scottish state-backed ferry owner Caledonian Maritime Assets Ltd (CMAL) has selected Cemre Marin Endustri A.S shipyard in Turkey as the preferred bidder for the construction of two new ferries. The two new vessels are intended to support the communities at Uig, Lochmaddy and Tarbert (Harris). “This
