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Shipbuilding

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Business & Finance
CMA CGM Volga Joins the Fleet
Shipbuilding

CMA CGM Volga Joins the Fleet

The 10,622 TEU containership CMA CGM Volga has entered the CMA CGM fleet and started her first rotation in Dalian, China, on March 20th. The vessel is the 8th of a series of 28 ships from 9,400 TEUs to 10,900 TEUs that will be delivered until the third quarter of 2016. Sailing under the Malta flag,

about 11 years ago
Wilson Orders Bulker Trio
Shipbuilding

Wilson Orders Bulker Trio

Bergen-based short sea company Wilson has signed an agreement with a Chinese shipyard Wuxue Janda Shipbuilding Co. Ltd for the construction of a series of three bulk carriers featuring 2600 dwt. The contract stipulates an option for construction of two additional vessels of the same size 2600 dwt. T

about 11 years ago
MSC Oliver Put through Her Paces
Shipbuilding

MSC Oliver Put through Her Paces

Second MSC 19.224 TEU leviathan, MSC Oliver, under construction at Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) in Okpo, has returned from her sea trials. The containership is pictured here while returning from sea trials on Saturday, March 21st having tested the waters. MSC Ol

about 11 years ago
Construction Begins on SCF’s Arctic LNG Carrier
Shipbuilding

Construction Begins on SCF’s Arctic LNG Carrier

Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co., Ltd. (S.Korea) has laid the keel for the first gas tanker ordered by Russian Sovcomflot Group for transportation of liquefied natural gas (LNG) under Yamal LNG project. The vessel is intended to be used for training crews for Arctic LN

about 11 years ago
VIDEO: Arklow Breeze Slips into Water
Shipbuilding

VIDEO: Arklow Breeze Slips into Water

General cargo ship Arklow Breeze was launched at the Westerbroek yard of Ferus Smit on Friday, the 20th of March. She is the sixth and last vessel in a series that will be delivered to Arklow Shipping from Ireland. The design is a bulk oriented general cargo ship that will be mainly employed in the

about 11 years ago
Readers’ Picks of the Week (16th-20th March)
Shipbuilding

Readers’ Picks of the Week (16th-20th March)

Update: MSC Cruises’ Death Toll Rises to Twelve Twelve guests of MSC Cruises have been confirmed dead following the terrorist attack during a shore excursion at the port of La Goulette, Tunisia on Wednesday…. Read more Interview: Alfa Laval Scrubber Sales Forge Ahead Swedish engineering group Alfa L

about 11 years ago
Image of the Day: Gliding through the Mist
Shipbuilding

Image of the Day: Gliding through the Mist

Pictured here is Adriatic Marine’s M/V Adriatic, a 200′ DP2 Offshore Supply Vessel embarking on sea-trials. Raceland, LA-based Adriatic Marine LLC has been busy with modernization of its OSV fleet and it is expected to have thirty DP-1/DP-2 OSVs by first quarter of 2016. The company just recently we

about 11 years ago
ECSA Urges for Swift Ratification of IMO Hong Kong Convention
Shipbuilding

ECSA Urges for Swift Ratification of IMO Hong Kong Convention

European shipowners have called for a swift ratification of the 2009 IMO Hong Kong Convention (HKC) in a position paper published earlier this week. The Convention is aimed at ensuring that ships, when being recycled after reaching the end of their operational lives, do not pose any unnecessary risk

about 11 years ago
OBLT Finds Funding for LNG Carrier Newbuild
Shipbuilding

OBLT Finds Funding for LNG Carrier Newbuild

Panama-registered Oceanic Breeze LNG Transport (OBLT), a joint venture between ”K” Line and Inpex Shipping, has signed a USD 125 million loan agreement with the Japan Bank for International Cooperation (JBIC), Mizuho Bank, and Mitsubishi UFJ Trust and Banking Corporation, to finance the construction

about 11 years ago
Deurganck Dock Lock Gates About to Head for Antwerp
Shipbuilding

Deurganck Dock Lock Gates About to Head for Antwerp

The construction of four gates for the Deurganck dock lock in the port of Antwerp, part of what will be the largest dock in the world, has been officially completed. A ceremony was held on Wednesday, 18 March in the Chinese city of Changxing to mark the official completion of the construction work.

about 11 years ago
Expanding Star Bulk Sinks into Red
Shipbuilding

Expanding Star Bulk Sinks into Red

Athens-based dry bulk specialist Star Bulk Carriers ended 2014 with net loss despite a 111% increase in revenues achieved through a significant fleet expansion. Star Bulk ended 2014 with USD 11.7 million loss, compared to USD 1.9 million net profit in 2013. Annual revenue jumped from USD 69.9m in 20

about 11 years ago
Bellona, Damen Team Up on Designing Vessels of the Future
Shipbuilding

Bellona, Damen Team Up on Designing Vessels of the Future

The Oslo-based NGO Bellona Foundation has launched a three-year partnership with Dutch Damen Shipyards Group aimed at exploring and developing concept vessels for the future. The agreement was officially signed on March 18 during an industry event in Stavanger. Under the partnership, the NGO and Dam

about 11 years ago
Scorpio Tankers Secures Loan Duo
Shipbuilding

Scorpio Tankers Secures Loan Duo

Scorpio Tankers said that it has received commitments from two leading European financial institutions for two separate loan facilities of up to USD 113.2 million. The loan is intended to partially finance the purchase of four LR2 product tankers that was announced in December 2014. A USD 52 million

about 11 years ago
Image of the Day: Drydocks World Does Its Daily Dozen
Shipbuilding

Image of the Day: Drydocks World Does Its Daily Dozen

UAE-based shiprepair facility Drydocks World has simultaneously berthed 11 rigs in the Dubai yard setting a new record. During February the yard set a record of 9 rigs in the yard and only one month later the yard has increased the number by over 20% totaling 11 rigs. The company said that it has se

about 11 years ago
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