The outbreak of the Coronavirus pandemic has basically put a brake on investments in the shipbuilding sector, especially on the container shipping side, as many owners shelved their newbuilding plans for better days. Instead of plotting fleet expansion plans, liner companies have had to save liquidi
Saudi Arabian transportation company Bahri has taken delivery of its new dry-bulk carrier Alanood, making it the second newbuild vessel to join the company’s market-leading fleet this year. Alanood was ordered from South Korea’s Hyundai Mipo Dockyard Co. Ltd. (HMD) in August 2017 as part of a series
Flex LNG, the shipping company controlled by billionaire John Fredriksen, has expanded its fleet with the addition of Flex Resolute.
Japanese shipping major NYK has named its first large scale LNG-fuelled vessel built at a domestic yard, the company said. The vessel, named Sakura Leader, is a car carrier, built by Shin Kurushima Toyohashi Shipbuilding and is scheduled for delivery in October 2020. The ship’s design maximizes the
Britanny Ferries has taken delivery of the Galicia, the first of three ships in the E-Flexer class of nine ordered by Stena RoRo from the Chinese shipyard CMI Jinling (Weihai). The Galicia will be chartered by Brittany Ferries on a long-term basis and has been specially adapted to the wishes of the
Singapore-based ship management company Eastern Pacific Shipping (EPS) has won a deal with BHP to charter five LNG dual-fuel Newcastlemax bulk carriers. The contract is being awarded as part of the tender BHP released in July 2019, seeking vessels to cut greenhouse gas (GHG) emissions by more than 3
Classification society DNV GL has presented South Korean shipbuilder Hyundai Heavy Industries (HHI) with a general approval for ship application (GASA) for a new concept of very large crude carriers (VLCCs) with a centreline oil-tight longitudinal bulkhead.
Singapore-based business trust First Ship Lease Trust (FSL Trust) has secured a sale and leaseback deal for its two LR2 product tanker newbuilds.
On late 31 August, Germany’s Port of Hamburg welcomed for the first time HMM Hamburg, a brand new containership belonging to the so-called Megamax-24 series of vessels.
MHO-Co and AFAI Southern Shipyard have held a keel-laying ceremony for the two hybrid crew transfer vessels (CTVs) that will service the Hornsea Two offshore wind project. MHO-Co signed a contract with the Chinese shipyard in mid-June for the construction of the two CTVs. The 35m vessels will have h
Turkey’s Cemre Shipyard has launched the second of the three service operation vessels (SOVs) being built for MHI Vestas and Esvagt. The vessels are of the Havyard 831 L SOV design and will service the Borssele III and IV offshore wind farm in the Netherlands, the Triton Knoll wind farm offshore Eng
Over 350 employees of Germany’s Flensburger Schiffbau-Gesellschaft (FSG) as well as business assets of the struggling shipyard have been taken over by several companies belonging to investment company Tennor Holding.
China’s Hudong-Zhonghua on Monday, August 31, delivered the third Yamal LNG carrier to the Cosco Shipping and Japan’s Mitsui O.S.K. Lines joint venture.
Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding (SWS) has built and delivered the second Fast4Ward FPSO hull to SBM Offshore.
