China Classification Society (CCS) and Shanghai Waigaoqiao Shipbuilding (SWS) have signed strategic cooperation agreement in Beijing. Under the deal, entered into on June 2, 2017, CCS and SWS will carry out close cooperation in technical standard and scientific research, luxury cruise construction,
Ship-recycling sectors in Pakistan and Bangladesh have witnessed a decrease in LDT price after the respective countries released their 2017 budget announcements. According to GMS, a cash buyer of ships for recycling, the Pakistani budget first brought falls of about USD 10/LDT, “as rumors of an even
South Korean shipbuilder Samsung Heavy Industries (SHI) has signed a letter of intent (LOI) with SeaOne Caribbean, part of the US-based technology company SeaOne Holdings, for the construction of twelve articulated tug/barge (AT/B) marine vessels. The deal was inked at a ceremony held on May 19. Fea
Cruise liner MSC Cruises has signed a new memorandum of understanding with STX France, finalizing the order of two 200,000 GRT, LNG-powered mega cruise ships, with options for two additional vessels. The four ships will become MSC Cruises’ World Class, which will include several innovations such as
Image Courtesy: Damen/Australian Antarctic Division The construction of Australia’s new Antarctic icebreaker has begun with a steel cutting ceremony held at Damen Shipyards Galati (DSGa) in Romania on May 31. Planned to arrive at its home port of Hobart in mid-2020, the new ship will replace the agi
Japan’s shipowner NS United Kaiun Kaisha has placed an order for another 400,000 dwt Capesize very large ore carrier (VLOC) at its compatriot shipbuilder Japan Marine United. Under the construction deal, signed on June 2, the new Valemax is scheduled to be delivered in 2020. Although the parties did
South Korean shipbuilder Hyundai Samho Heavy Industries (HSHI) has entered into a technical cooperation agreement with Russia’s oil major Rosneft. Under the deal, the South Korean company will provide technical support in the design and construction of Aframax class vessels, including those using ca
The world’s first ice-breaking liquefied natural gas (LNG) tanker Christophe de Margerie has been officially named at the Bronka deepwater port in St. Petersburg, Russia. Russia’s President Vladimir Putin attended the naming ceremony for the new carrier, the first in a series of 15 carriers to be co
Switzerland-based cruise company MSC Cruises has held a christening ceremony for MSC Meraviglia, the first of the company’s next generation cruise ships. The christening was held in Le Havre in the evening hours of June 3. At 171,598 gross tons and with a guest capacity of 5,714, MSC Meraviglia is t
Readers’ Picks of The Week (May 29 – June 2, 2017)
The LNG carrier CESI Beihai, ordered by a joint venture comprising Japan’s Mitsui O.S.K. Lines (MOL), China COSCO Shipping Corporation, and China Petroleum & Chemical Corporation (SINOPEC), was delivered at Hudong-Zhonghua Shipbuilding in Shanghai on June 1. Featuring a cargo tank capacity of 174,10
China Merchants Industry Holding (CMIH) and DNV GL have signed a strategic cooperation agreement with a focus on advancing shipbuilding in the gas carrier, offshore and special vessel segments. The deal will see the companies working together to optimize construction processes and quality control, i
“Green Corridor” joint industry project (JIP) partners have presented an LNG-fuelled Newcastlemax design which is in the process of receiving Approval in Principle (AiP) from DNV GL. At the Nor-Shipping trade fair in Oslo today, project partners BHP, Fortescue, Mitsui O.S.K. Lines (MOL), Rio Tinto,
South Korean Hyundai Heavy Industries (HHI) and Lloyd’s Register (LR) are joining forces to design 180,000 dwt class bulk carriers. Under a joint development project (JDP) unveiled at Nor-Shipping 2017, the companies said that these designs will meet the latest market needs by using LNG as a fuel, w
