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Shipbuilding

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Business & Finance
Finnlines Stretches Breeze Fleet
Shipbuilding

Finnlines Stretches Breeze Fleet

Finnish RoRo and RoPax operator Finnlines will lengthen four of its “Breeze series” ferries, with an option for two additional vessels, in response to increased demand. Finnlines has signed a contract with Remontowa S.A. shipyard in Gdansk, Poland where the actual work will commence in mid September

about 9 years ago
Gallery: New EasyMax Traverses Delfzijl Sea Locks
Shipbuilding

Gallery: New EasyMax Traverses Delfzijl Sea Locks

The images above show Egbert Wagenborg, a multipurpose ship (MPP) owned by Dutch shipowner and operator Royal Wagenborg, transiting the sea locks in Delfzijl. Egbert Wagenborg was towed from Royal Niestern Sander shipyard to the Port of Delfzijl. This ice-strengthened MPP vessel of the EasyMax type

about 9 years ago
Wärtsilä Bolsters Ties with Höegh LNG
Shipbuilding

Wärtsilä Bolsters Ties with Höegh LNG

Finnish technology group Wärtsilä has been contracted to provide both equipment and maintenance for floating storage and regasification unit (FSRU) and liquefied natural gas (LNG) carrier vessels of Norway based operator, Höegh LNG. Under a new five year technical management agreement, Wärtsilä will

about 9 years ago
Containerships Secures Funding for LNG Push
Shipbuilding

Containerships Secures Funding for LNG Push

Finland’s Containerships plc has secured EUR 16.9 million (USD 18m) to finance the project of implementing the use of liquefied natural gas (LNG) throughout the container shipping company’s logistics supply chain. Containerships has been awarded the funds by the European Union and the Nordic Environ

about 9 years ago
Angelicoussis Group Returns to DSME for Three VLCCs
Shipbuilding

Angelicoussis Group Returns to DSME for Three VLCCs

South Korea’s financially troubled Daewoo Shipbuilding & Marine Engineering (DSME) has won a contract to build three very large crude carriers (VLCCs) for the Greek shipping company Maran Tankers, part of the Angelicoussis Shipping Group. The contract for the three 318,000 dwt tankers is valued at U

about 9 years ago
Shell to Fuel World’s 1st LNG-Powered Aframax Tankers
Shipbuilding

Shell to Fuel World’s 1st LNG-Powered Aframax Tankers

Russia’s SCF Group (Sovcomflot) has signed an agreement with Shell Western LNG B.V. (Shell) for the supply of liquefied natural gas (LNG) to fuel the first Aframax crude oil tankers in the world to be powered by LNG. Under the deal, Shell will provide the LNG fuel for the new generation of SCF Group

about 9 years ago
DryShips Wades Deeper into Tanker and Gas Carrier Markets
Shipbuilding

DryShips Wades Deeper into Tanker and Gas Carrier Markets

NASDAQ-listed Dryships Inc has entered into agreements to acquire six vessels for a total gross price of USD 268 million. These vessels are comprised of one Aframax tanker built in 2012, three Kamsarmax drybulk vessels, one currently under construction and two built in 2014, and two very large gas c

about 9 years ago
Kawasaki Heavy Industries Moves Merchant Ship Construction to China
Shipbuilding

Kawasaki Heavy Industries Moves Merchant Ship Construction to China

Japan’s Kawasaki Heavy Industries (KHI) is to shift merchant ship construction from Japan to China and reduce the scale of its domestic business by 30% while trying to establish itself as a specialist for gas carriers and gas-powered vessels. The move comes following a slump in the shipbuilder’s Shi

about 9 years ago
Desgagnés Takes Delivery of World’s First Dual-Fuel Asphalt Carrier
Shipbuilding

Desgagnés Takes Delivery of World’s First Dual-Fuel Asphalt Carrier

Canadian shipping company Desgagnés Group has taken delivery of the M/T Damia Desgagnés, the first dual-fuel powered Canadian-flagged tanker and the first-ever asphalt carrier of this type. This asphalt-bitumen-chemical tanker is the first in a series of four carriers, custom-built according to an o

about 9 years ago
Fincantieri Hands Over Silver Muse
Shipbuilding

Fincantieri Hands Over Silver Muse

Italian shipbuilder Fincantieri has delivered Silver Muse, the new cruise ship built for Silversea Cruises, from its shipyard in Genoa Sestri Ponente. At 40,700 gross tons and the capacity to accommodate 596 passengers on board, Silver Muse represents an evolution of Silver Spirit, delivered in 2009

about 9 years ago
HHI Sets Aside USD 1.8 Billion to Develop Green Smart Ships
Shipbuilding

HHI Sets Aside USD 1.8 Billion to Develop Green Smart Ships

South Korea’s Hyundai Heavy Industries (HHI) Group plans to invest USD 1.8 billion in research and development (R&D) programs by 2021 through its newly established independent shipbuilding company – Hyundai Heavy Industries. Under the plan, the new HHI will invest in developing eco-friendly and smar

about 9 years ago
AET Chooses LNG Dual Fuel Option for Aframax Newbuilds
Shipbuilding

AET Chooses LNG Dual Fuel Option for Aframax Newbuilds

Singapore-headquartered owner and operator of petroleum and chemical tankers AET has decided to equip up to four of its new Aframax tankers currently being built by South Korean shipbuilder Samsung Heavy Industries (SHI) with the liquefied natural gas (LNG) dual fuel option. The 113,000 dwt vessels,

about 9 years ago
HHI Installs Regasification System Using Glycol on board LNG FSRU Newbuilding
Shipbuilding

HHI Installs Regasification System Using Glycol on board LNG FSRU Newbuilding

South Korean shipbuilder Hyundai Heavy Industries (HHI) has held a demonstration ceremony for the installation of a liquefied natural gas (LNG) regasification system using glycol on board a 170,000 cbm LNG floating storage regasification unit (FSRU) at its Ulsan shipyard. Since the glycol regasifica

about 9 years ago
ABS Issues Guidance for Classing LNG Regasification Vessels
Shipbuilding

ABS Issues Guidance for Classing LNG Regasification Vessels

US-based classification society ABS has published a guide for building and classing regasification vessels, outlining guidance for classing LNG regasification vessels. Floating LNG regasification uses specialized ships, commonly referred to as LNG regasification vessels or Floating Storage and Regas

about 9 years ago
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