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Shipbuilding

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Business & FinanceNews
Wärtsilä Powers Japan Shipping’s Shift to Gas Age
Shipbuilding

Wärtsilä Powers Japan Shipping’s Shift to Gas Age

A total of sixteen new gas carrier ships being built in Japan for Japanese owners are to be powered by Wärtsilä dual-fuel engines capable of running on liquefied natural gas (LNG) or conventional diesel fuels. The contracts for 20 nine-cylinder, 25 six-cylinder and 16 eight-cylinder Wärtsilä 50DF du

about 10 years ago
Infographic: Top 10 Shipowning Nations by Value
Shipbuilding

Infographic: Top 10 Shipowning Nations by Value

Today we look at an infographic showing Top 10 Shipowning Nations by Value (USD Millions), including the percentage change difference against 2015, provided by VesselsValue. This year the order may not have changed but the stand out winner appears to be Denmark, being the only country to increase in

about 10 years ago
Edison Chouest Offshore Bringing Its Operations to Gulfport, Miss.
Shipbuilding

Edison Chouest Offshore Bringing Its Operations to Gulfport, Miss.

Edison Chouest Offshore, an offshore energy service and supply company, is locating shipbuilding operations at the Port of Gulfport in Gulfport, Miss. Edison Chouest Offshore’s new Gulfport operations, TopShip, LLC, will be located at the Port of Gulfport’s new inland port. The company will be opera

about 10 years ago
Navig8 Chemical Tankers Back to Black, Bullish on Outlook
Shipbuilding

Navig8 Chemical Tankers Back to Black, Bullish on Outlook

Navig8 Chemical Tankers Inc. has returned to profit reporting a net income of USD 9.1 million for the three months ended December 31, 2015, an increase of USD 11.1 million from a net loss of USD 2 million in the corresponding period last year. For the twelve months ended December 31, 2015, the compa

about 10 years ago
Tallink’s LNG-Powered Fast Ferry Begins Taking Shape
Shipbuilding

Tallink’s LNG-Powered Fast Ferry Begins Taking Shape

The hull assembly of Tallink’s new fast ferry Megastar started today at the Meyer Turku shipyard. The ferry will feature environmentally friendly LNG propulsion and a new hull designed by Meyer Turku, resulting in much less water resistance and easy sailing in icy conditions, the ship owner said. “O

about 10 years ago
Spotted: Majestic Princess Shows Off New Livery
Shipbuilding

Spotted: Majestic Princess Shows Off New Livery

The Majestic Princess, owned by Princess Cruises, the first cruise ship built and designed specifically for the China market, is debuting an elegant new livery design featuring the company’s iconic logo. The new livery design will roll out fleetwide over the next few years. The design symbolizes the

about 10 years ago
Meyer Turku Confirms Order at TTS Marine AB
Shipbuilding

Meyer Turku Confirms Order at TTS Marine AB

Finland-based Meyer Turku Yard has confirmed a contract with TTS Marine AB for delivery of access equipment to their fifth and sixth newbuildings for TUI Cruises, to be named Mein Schiff 7 and Mein Schiff 8. TTS Marine AB has delivered similar equipment to the yard’s and TUI’s recent four newbuildin

about 10 years ago
Majestic Princess Hits the Water
Shipbuilding

Majestic Princess Hits the Water

The third Royal Princess class vessel built for the California-based cruise operator Princess Cruises, a brand of the Carnival Group, was launched today at Fincantieri’s shipyard in Monfalcone. Scheduled to be delivered in April of 2017, the vessel, named Majestic Princess, will now undergo interior

about 10 years ago
Crowley Christens 2nd LNG-Ready Product Tanker
Shipbuilding

Crowley Christens 2nd LNG-Ready Product Tanker

Jacksonville-based Crowley Maritime Corp. christened the second of four new, Jones Act product tankers on February 4 at the South Florida Petroleum Terminal (The Public Dock) in Fort Lauderdale. The 50,000 dead-weight-ton (dwt), 330,000-barrel-capacity Texas joins sister ship Ohio, which was christe

about 10 years ago
Readers’ Picks of the Week (1st – 5th Feb, 2016)
Shipbuilding

Readers’ Picks of the Week (1st – 5th Feb, 2016)

Gallery: SMIT Salvage Team Boards Modern Express, Attaches Tow Line The four-member salvage team of SMIT Salvage has managed to board the drifting car carrier Modern Express earlier this morning and set up a tow line, French Maritime Author… Read More Bahrain, Saudi Arabia Ban Iranian Ships from The

about 10 years ago
Gallery: Maersk Connector Ready for Subsea Ops
Shipbuilding

Gallery: Maersk Connector Ready for Subsea Ops

The DP2 cable installation vessel Maersk Connector, built at Damen Shipyards Galati in Romania, was handed over to its owner Maersk Supply Service on February 4, 2016. The latest addition to the 50-plus strong Maersk offshore support vessel fleet, Maersk Connector is going directly on a long-term ch

about 10 years ago
Offshore Slump Keeps HHI in the Red
Shipbuilding

Offshore Slump Keeps HHI in the Red

South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, racked up KRW 1.36 trillion (USD 1.13 billion) in net loss, a 38.2 % drop from a year earlier when HHI posted KRW 2.21 trillion loss. HHI’s sales reached KRW 46.2317 trillion, 12.1 % decline from the previous year while o

about 10 years ago
Jiangdong Shipyard Delivers North Star Bulker
Shipbuilding

Jiangdong Shipyard Delivers North Star Bulker

The fifth in a series of eight Handysize 35,000 dwt bulk carriers, being built at Chinese Jiangdong Shipyard, has been delivered to an undisclosed owner. The newbuild vessel, named M/V North Star, was delivered to the owner following the bulker’s sea trials. M/V North Star departed the shipyard on F

about 10 years ago
DNV GL, RS Ink Cooperation Deal
Shipbuilding

DNV GL, RS Ink Cooperation Deal

International certification body and classification society DNV GL has entered into a bilateral framework agreement for cooperation with the Russian Maritime Register of Shipping (RS). DNV GL’s Maritime CEO Knut Ørbeck-Nilssen and Konstantin Palnikov, Director General of RS, signed the cooperation a

about 10 years ago
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