Celebrity Cruises, a premium brand subsidiary of Royal Caribbean Cruises Ltd (RCL), has signed a letter of intent for two cruise ships of new class with French shipbuilder STX France. The said ships, developed under the project name EDGE and worth 117,000 GRT, are due for delivery respectively in fa
Bulk transporter Scorpio Bulkers Inc. has signed a Memorandum of Understanding with ABN Amro Bank N.V. and the Export-Import Bank of China for a loan facility of up to USD 234.9 million. Scorpio said that the loan will be used to finance up to 60% of the contract price of seven Capesize vessels curr
Japanese classification society ClassNK and Finnish maritime software company NAPA have agreed on a new joint project to reduce the time and cost of designing vessels in accordance with the new IACS harmonised Common Structural Rules. The new project will, according to the parties involved, enhance
Russia’s FSUE Rosmorport is using the ”Transport Week-2014”, specifically VIII Forum and Exhibition “Transport of Russia” held at Gostiny Dvor exhibition centre in Moscow, to sign several new agreements aimed at further developing the company’s seaport capacities, shipbuilding potential, as well as
Danish naval architect consultancy, OSK-ShipTech A/S and China’s Guangzhou Shipyard International (GSI) have signed a contract for continuation of design works in relation to the new RoPax ferry recently contracted between GSI and Sweden’s passenger shipping company, Gotlandsbolaget. The ferry will
Teekay LNG Partners L.P. and Royal Dutch Shell plc (Shell) have entered into time-charter contracts for five newbuild LNG carriers. The vessels will operate as part of Shell’s global LNG fleet under time-charters ranging in duration from six to eight years, plus extension options. Delivery of the ve
SURF contractor Ceona has bolstered its fleet with the christening of its flagship asset, the Ceona Amazon, which has been delivered in less than two years of the letter of intent (LOI) for its construction being signed. The Ceona Amazon has been internally designed at Ceona and purpose-built to per
Japanese shipbuilder Mitsui Engineering and Shipbuilding (MES) has secured an order for four gas-powered engines from Imabari Shipbuilding Co. The two-stroke ME-GI engines will be an integral part of two liquefied natural gas carriers, MES said in a statement today. The newbuild LNG carriers are bei
Shell has contracted STX Offshore & Shipbuilding to build a special bunker vessel to serve ships powered by liquefied natural gas (LNG). The bunker vessel will be based in the port of Rotterdam where it will make use of the LNG breakbulk terminal and jetty to be built by the Gas Access to Europe (Ga
The Danish-flagged merchant fleet has grown 13 per cent since the beginning of 2014 measured in GT and is now bigger than ever with 13.8 mill GT and 15.9 mill TDW distributed across 647 vessels, according to Danish Shipping Statistics for November 2014. Danish Shipowners’ Association said that the g
Norway’s Scanship Holding ASA has through its subsidiary Scanship AS entered into a contract with the Italian shipbuilder Fincantieri for a total clean ship system delivery to the fourth Viking Ocean Cruises newbuilding. The deliveries will include Scanship’s systems for Advanced Wastewater Purifica
The United States House of Representatives passed H.R. 5769, the Howard Coble Coast Guard and Maritime Transportation Act of 2014, by an overwhelmingly bipartisan vote of 413-3 on Wednesday, December 3. The bipartisan, bicameral legislation reauthorizes funding for the United States Coast Guard and
Japanese Imabari Shipbuilding held the naming and delivery ceremony of its latest newbuilding, a 84,000 dwt bulk carrier MV Nord Draco, ordered by and built for E.K. LINE S.A. The vessel design secures 80,000 mt dwt at under 14-meter draft, by widening the breadth compared to conventional panamax ty
This November the International Maritime Organization (IMO) adopted the International Code for Ships Operating in Polar Waters (Polar Code). The Polar Code covers the full range of design, construction, equipment, operational, training, search and rescue and environmental protection matters relevant