TT-Line Company has signed an LOI with Flensburger Schiffbau-Gesellschaft (FSG) for the construction of two new ships.
Containership newbuilding orders jumped by 139.5 percent reaching 671,641 TEU in 2017, Alphaliner revealed.
Flex LNG has taken delivery of its first liquefied natural gas (LNG) carrier newbuilding, the Flex Endeavour.
Shortage of bulkers intended for scrapping is expected to starve an overheated Pakistani market for tonnage.
German KfW IPEX-Bank is to finance four bulker newbuildings owned by Irelands’ Arklow Shipping.
Hyundai Heavy has received an Approval in Principle (AIP) for its FPSO hull design from ABS.
STX Heavy Industries has decided to launch a new capital increase scheme.
China Merchants Energy Shipping (CMES) has taken delivery of Pacific Merit, its newest Ultramax bulk carrier.
Deltamarin has teamed up with GTT on providing LNG solutions for a portfolio of vessels embarking on long ocean voyages.
An ominous cloud seems to be hovering over the tanker market as the sector sails into another challenging year.
Four new Kamsarmax bulk carriers will be handed over to Athens-based ship manager Alpha Bulkers this year.
Fortune Oil has ordered two very large gas carriers from Jiangnan Shanghai Changxing Heavy Industries.
Jurong Shipyard hit with SGD 230,000 fine for the death of two workers in October 2011.
Ulstein has cut steel for the first polar vessel in the Lindblad Expeditions-National Geographic fleet.
