The Finnish technology group Wärtsilä said its technology has been selected for two new very large gas carrier vessels (VLGC) being built for China-based Oriental Energy. Wärtsilä said it has been contracted to supply the cargo handling and LPG fuel supply systems for the two vessels. The ships are
Eneti Inc., formerly Scorpio Bulkers, has entered into a binding agreement with South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) for the construction of one wind turbine installation vessel (WTIV). The contract price is US$ 330 million and the vessel will be delivered in the third qua
Greece-based shipping company TMS Cardiff Gas has taken delivery of its latest newbuild, the LNGShips Manhattan. The vessel departed the South Korean shipyard Hyundai Heavy Industries on May 7 and is currently in the Philippine sea, shipping data provided by VesselsValue shows. The vessel completed
Petrobras has signed a contract with Keppel to build the P-78 FPSO, the seventh unit to be installed in the Búzios field, offshore Brazil.
Italy’s Fratelli Cosulich Group has made its official entrance into the LNG bunkering market with the order for the construction of an LNG bunkering vessel. The announcement confirms market rumors that have emerged earlier this year hinting the company was diversifying its operations with a foray in
Italy’s Gas and Heat has been contracted to deliver LNG cargo and fuel handling system for a Shell-chartered bunker barge.
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South Korean shipping heavyweight HMM is considering new orders, including those for 13,000 TEU-class containerships, the company confirmed to Offshore Energy. The comment was made in the context of market rumors that HMM was in talks with compatriot yards on a potential order for a dozen 13,000 TEU
Belgian tanker major Euronav is bewildered by the lack of ship recycling in the tanker market given the prevailing headwinds and low freight rates. Historical trends show that low tanker rates induced owners to send their older tonnage to the scrapyard. Over the last 30 years, on average 5% of the V
Japanese shipping company NYK and Sweden’s Northern Offshore Service AS (N-O-S) have concluded a bareboat charter contract for a crew transfer vessel (CTV) to service offshore wind farms. The CTV, named Energizer, is owned by NYK and will be chartered to N-O-S through a 10-year bareboat charter cont
Viking Line’s new flagship, Viking Glory, which will enter service in early 2022 on the Turku–Åland–Stockholm route, will fly the Finnish flag, the company said.
Singapore-based Sembcorp Marine continues to face COVID-19 supply chain constraints and shortage of skilled workers, the company said announcing its Q1 results. The workforce shortage has been ascribed to the ongoing travel bans caused by the pandemic, as foreign workers, primarily those from India
The corona pandemic has further exposed the vulnerabilities of the German and EU shipbuilding sectors, which have already been under massive pressure from the Asian competition. Specifically, German shipbuilders have been predominantly active in the cruise shipbuilding and large yacht building secto
South Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) has received an order for the construction of a liquefied natural gas (LNG) carrier.
Singapore-based tonnage provider Eastern Pacific Shipping (EPS) has signed a charter deal with Rio Tinto for up to six LNG dual-fuel Newcastlemax bulkers.
