Scorpio Tankers has taken delivery of STI Alexis, an LR2 product tanker from Daehan Shipbuilding Co. Ltd. This vessel has been chartered out and is set to begin a voyage for 52 days at approximately USD 33,500 per day. The company has also exercised an option to extend the charter on one of its time
The Italian dry bulk and tanker owner and operator d’Amico Group took delivery of the 117,000 dwt dry bulk carrier named Cielo d’Italia at the Sanoyas Shipbuilding Corporation’s shipyard in Mizushima, Japan, on Tuesday, February 3. Back in 2013, the ship was completely redesigned and equipped with a
Japan’s Mitsubishi Heavy Industries (MHI) is pushing on with the last year’s plan to establish two new group companies at its Nagasaki Shipyard & Machinery Works’ Koyagi Plant – one to undertake ship construction and the other to manufacture hull blocks. MHI also plans to transfer its operations in
Japan’s Mitsui Engineering & Shipbuilding has posted JPY 557.93 billion (USD 4.75 bn) revenue for the nine months ending December 31, 2014, a 26.4% increase compared to the same period last year. However, despite the rising revenue, MES recorded JPY 9,248 billion (USD 78.8 m) net income, a 12% slide
Shanghai-listed dry bulk operator Ningbo Marine has ordered three handysize bulk carriers at China’s Jinling Shipyard thus pushing ahead with its fleet renewal. The three vessels feature 49,500 in DWT capacity each and are worth a total of USD 81.5 million, the company said in a filing to Shanghai s
South Korean gas and chemical tanker owner KSS Line has commissioned Hyundai Mipo Dockyard to build one 38,000 cbm LPG/ammonia carrier. The new mid-size carrier will cost USD 52 million to build, and will join the Seoul-based shipper’s fleet in February 2017, according to the company’s latest announ
Kuwait Oil Tankers Company (KOTC) has inked a deal with Bahrain-based Arab Shipbuilding & Repair Yard Company (ASRY) for dry-docking of record number of 19 tankers over three years. The value of the agreement is approximately USD 33 million, making it the largest of its kind made with shipyards acro
Operator and owner of Very Large Gas Carriers (VLGC) Avance Gas Holding has chartered out its newbuild VLGC Monsoon for a 60-90 days time charter. The Monsoon was delivered on 13 January 2015, together with its sister ship VLGCs Mistral. The Monsoon’s charter is set to commence in early February, at
Scorpio Bulkers said it has closed a previously announced credit facility worth USD 42 million with a leading European financial institution. The loan is intended to finance a portion of the purchase price of two Kamsarmax vessels, of which one Kamsarmax vessel was recently delivered to the company
NileDutch, Rotterdam-based shipping company specialising in cargo liner services from and to West Africa, held a naming ceremony for the second of four newbuild container ships, the 3,510 TEU MV NileDutch Dordrecht, at PSA Singapore Terminals. The four newbuild container ships will be registered in
Norwegian transport conglomerate Fjord1 has ordered two ferries of Multi Maritime design, Multi Maritime said in a release. The ferries will be built at Ada Shipyard in Tuzla in Turkey. The newbuilds will be double-ended ferries featuring approximately 70 m in lengh. The duo will have the capacity t
Tokyo-based shipping company Mitsui O.S.K. Lines (MOL) has taken delivery of the 172,000 cbm LNG carrier Papua built by China’s Hudong-Zhonghua Shipbuilding. The Papua is the first in a series of four ships to be built by Hudong, a wholly owned subsidiary of China State Shipbuilding Corporation, to
Maersk Giant Breaks 18,000 TEU Ceiling Maersk Line’s Triple E container ship behemoth Maersk Mc-Kinney Moller left the Spain’s Port of Algeciras yesterday loaded with 18,168 TEUs (twenty-foot equivalent units), beating the previous world record held by another Maersk’s Trip…Read more Another Car Car
Jiangsu Hantong Ship Heavy Industry and Mexico-based Vulica Shipping Limited have entered into shipbuilding contracts for two 68,000 dwt self-unloading Panamax bulk carriers, the Nantong based shipbuilder said in a release. The vessels are designed by Deltamarin with a length of 229 metres and a gua
