Italian shipbuilder Fincantieri held the keel laying ceremony for Nieuw Statendam, the new cruise ship being built for Holland America Line, a brand of Carnival Corporation, at its shipyard in Marghera, Venice. The first building block of the ship, 11.3 meters long, 34.8 wide and weighing about 260
Miami-based expedition vessels provider SunStone Ships has reached an agreement with China Merchants Industry Holdings (CMIH) for the construction of up to ten expedition vessels. Under the framework agreement signed between the parties, the Chinese shipbuilder would construct four expedition ships
Norwegian shipping and tank terminal company Odfjell has signed of a letter of intent for two additional chemical tankers with stainless steel cargo tanks to be built by China’s shipyard Hudong-Zhonghua Shipbuilding. To feature 38,000 dwt, the vessels will have 40 tanks and a cargo capacity of about
The Russian state-owned shipping company Sovcomflot has placed an order for the construction of four 114,000 dwt Ice-Class IA Aframax tankers at South Korean yard Hyundai Samho Heavy Industries (HSHI). Featuring 250 meters in length, 44 meters in width and 21 meters in height, the world’s first liqu
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There are numerous risks of technical nature not being considered when opting to construct the ever bigger containerships that are being overshadowed by the luring economies of scale, the Nordic Association of Marine Insurers (Cefor) warns. According to the association, apart from the commercial cha
Miami-based Norwegian Cruise Line (NCL) showed first images of its new Leonardo-Class ships at Seatrade Cruise Global in Miami on March 15. In February this year, Norwegian Cruise Line Holdings signed a deal with Italian shipbuilder Fincantieri for the construction of four new cruise ships, with an
Swedish tanker owner Terntank has taken delivery of the fourth and final chemical tanker with a dual-fuel two-stroke engine which was constructed by China’s Avic Dingheng Shipbuilding. The M/V Tern Ocean, handed over to the company on March 15, was part of the batch of four tankers with LNG dual-fue
In response to growing ship traffic through the waterway, the Panama Canal intends to launch vessel scheduling and maritime resource management system in order to deal with inflow of cargo following the canal expansion. The system is expected to transform how the Panama Canal plans and schedules tra
Amid the current muted shipbuilding market the Japanese orderbook has shown its endurance and recently surpassed its South Korean counterpart in size for the first time since 1999, according to Clarksons. While the orderbook is shrinking for all of the Big Three builder countries, the Japanese order
Saint-Nazaire-based shipbuilder STX France has hired Polish Havyard Production & Service (HPR) to carry out electrical work in two out of seven zones in a series of cruise ships being built for Celebrity Cruises, a brand of Royal Caribbean Cruises. Under the contract related to the Edge series cruis
South Korean shipbuilding major Samsung Heavy Industries (SHI) held a naming ceremony today at its Geoje shipyard for the largest containership built so far, thus breaking global shipbuilding records. The newbuilding is the first of four 20,150 TEU containerships, ordered from Japan’s shipping giant
Japan’s Mitsubishi Heavy Industries (MHI) is considering to restructure its shipbuilding activities and enter local partnerships due to a low demand for new ships, Bloomberg reports. The decision about the restructuring is likely to be announced in July, Bloomberg cited Eiji Matsubara, MHI’s spokesp
Creditors of the cash strapped Korean shipbuilder Daewoo Shipbuilding & Marine Engineering are looking to secure another rescue package for the company of up to KRW 3 trillion (USD 2.6 billion), Yonhap News Agency cited industry sources. Led by the state-run Korea Development Bank (KDB), the credito
