MacGregor, part of Cargotec, a Finnish provider of cargo-handling machinery for ships, has won Pusnes deck machinery orders for a new series of 400,000 dwt very large ore carriers (VLOCs) under construction at Chinese shipyard, Qingdao Beihai Shipbuilding Heavy Industries. MacGregor will deliver hig
Dutch shipbuilder Damen Shipyards Group has unveiled its recently finished Expedition Cruise Vessel design, developed together with Expedition Voyage Consultants Ltd and the Danish Naval Architect firm, Knud E. Hansen. The Damen Expedition Cruise Vessel has been designed for expedition operations in
German shipbuilder Meyer Werft delivered the new cruise ship Genting Dream to the Asian cruise operator Dream Cruises in Bremerhaven on October 12. After being handed over to the owner in Bremerhaven, the 335-meter long Genting Dream will set sail to Pacific Asia where it will offer cruises for two,
Norwegian Viken Shipping has ordered four oil tankers from South Korea’s shipbuilder Samsung Heavy Industries under a contract worth around KRW 240 billion (USD 213 million), according to Yonhap News Agency. Namely, the shipbuilder said that the deal involves a pair of Suezmaxes and two Aframax tank
Japanese shipping company Mitsui O.S.K. Lines (MOL) has placed an order for a 140,400 dwt coal carrier at its compatriot shipbuilder Imabari Shipbuilding. The company said that the new vessel, which will be 274 meters long and 47 meters wide, would have environmental and safety features. MOL did not
South Korea’s shipbuilder Samsung Heavy Industries (SHI) has ordered Mark V technology to be installed aboard a new liquefied natural gas (LNG) carrier. French marine engineering company Gaztransport et Technigaz SA (GTT) was awarded the Mark V contract for the LNG carrier, which is scheduled to joi
Navig8 Chemical Tankers, a joint venture between the Navig8 Group and Oaktree Capital Management, has taken delivery of a 25,000 dwt stainless steel chemical tanker Navig8 Spark from Japanese shipbuilder Kitanihon Shipbuilding Co. Ltd. The tanker is the third of six vessels contracted at Kitanihon t
A double naming ceremony for Pomor and Normann, the two icebreaking offshore vessels built for the Russian shipping company Femco, will take place at Havyard Ship Technology in Norway on October 15, 2016. According to the shipbuilder, the two vessels will operate under a contract with Exxon Neftegas
Given the current conditions, the shipping industry needs supply-side re-positioning to help the markets back to improved health, and increased recycling in recent years has been a clear part of this, according to Clarksons Research. Since the start of 2009, a total of 206.6 million gross tons of sh
Commodity trading company Trafigura Group has entered into sale and leaseback agreements for five medium-range, eco-type newbuild tankers with China’s Bank of Communications Financial Leasing. Ordered by Trafigura in 2013 from Guangzhou shipyard in China, the tankers can each carry close to 50,000 m
A fire broke out on the cruise ship newbuilding Norwegian Joy at Meyer Werft shipyard in Papenburg, Germany, on the morning of October 8, 2016. The fire started on one of the balconies of the cruise ship’s Deck 9 at 7:50 am, and was brought under control at around 9:20 am, according to the local pol
Miami-based cruise line operator Royal Caribbean Cruises has placed orders for around 200,000 gross ton large cruise ships under the project name “Icon” at Finnish shipbuilder Meyer Turku. To be delivered in 2022 and 2024, the new vessel will mark the beginning of a new generation of liquefied natur
Japan’s Mitsubishi Heavy Industries, Ltd. (MHI) is planning to cut its shipbuilding activities as the company decided to cease taking orders for large passenger ships, Nikkei newspaper cited undisclosed sources. The company reportedly opted for the move amid a plunge of 80 percent in new shipbuildin
Shipping company Navig8 Product Tankers has taken delivery of the 74,000 dwt LR1 tanker Navig8 Precision from South Korean shipbuilder SPP Shipbuilding. Navig8 Precision, the third of four vessels contracted at SPP to be delivered to the company, will be entered into and operated in Navig8 Group’s L