German shipping major Hapag-Lloyd has added a new 15,000 TEU containership Afif to its fleet, strengthening its presence in South Korea. The company informed that the 150,800 gross ton vessel “was delivered in perfect condition to Hapag-Lloyd and is already making its way to Pusan.” Featuring a leng
The containership orderbook has diminished by 30% in capacity terms since the start of 2016 and in the first half of 2017 it totalled less than 40,000 TEU, Clarksons Research said. However, there are several important aspects of the orderbook to consider, including the change in the overall size of
Wison Offshore and Marine has officially delivered the Caribbean FLNG, the world’s first barge-based floating natural gas liquefaction and storage facility. The vessel was constructed by the shipbuilder under an engineering, procurement, construction, installation and commissioning (EPCIC) contract
Malaysia’s MISC Berhad (MISC) took delivery of the third in a series of five Moss-Type Seri-C Class liquefied natural gas (LNG) carriers, Seri Cempaka, on July 27. Featuring 150,200 cbm, the new LNG carrier was constructed by South Korea’s shipbuilder Hyundai Heavy Industries (HHI) and benefits from
US-based Philly Shipyard (PSI) has delivered the third of four product tankers that it is building for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan. The next generation 50,000 dwt American Liberty, which has a carrying capacity of 14.5 million gallons of crude oil or refined produ
Italian shipbuilder and ship designer Fincantieri has informed that it is still in negotiations with the French government on the acquisition of St Nazaire-based STX France. Namely, the negotiations between the parties are under way “to define a satisfactory governance structure for STX France.” Fin
US-based classification society ABS has classed the Harvest, an articulated tug barge (ATB) purpose-built to transport liquefied anhydrous ammonia, which has been delivered to a subsidiary of Savage Companies by US shipbuilder Vigor. The Harvest is the first complex liquefied ammonia transport barge
South Korean shipbuilder Samsung Heavy Industries is looking to shut down another one of its floating docks on the back of a drop in new orders, Yonhap News Agency cited undisclosed industry sources. The shipbuilder, which operates eight docks, including four floating docks, reportedly closed one of
Although newbuilding orders for tanker and bulkers increased during the first half of 2017, the overall number of orders placed has more than halved when compared to the same period in 2015, according to data provided by VesselsValue. A total of 245 new orders were placed so far this year, against 5
Additional phasing in of ultra-large container vessels (ULCV)– with a nominal capacity in excess of 18,000 TEU-on the Asia to North Europe trade lane could double their capacity share on the trade by next year, market intelligence provider in the container shipping industry SeaIntel says. There are
Prevailing challenges in the offshore and marine sector have sprung rumors on the potential consolidation of Singapore’s rig builders Keppel Corporation (Keppel) and Sembcorp Industries (SCI), according to DBS Bank. The move would be a prudent choice having in mind the yard overcapacity and rig over
China’s dry bulk owner Fortune Ocean Shipping is looking to expand its fleet with up to six new bulk carriers to be built by its compatriot yard. Namely, the company placed four firm orders with Tianjin Xingang at a price of USD 23.5 million a piece. The contract for 82,000 dwt Panamax bulkers inclu
Philly Shipyard, a wholly- owned subsidiary of Philly Shipyard ASA, has entered into a Letter of Intent (LOI) with an unnamed blue chip U.S. shipping operating company for the construction and sale of up to four new containerships. As disclosed, the LOI comes on the heels of advanced talks between t
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