TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) and other two companies including Chubu Electric Power Company decided a deal on joint ownership with Chubu Electric’s decision to invest in Trans Pacific Shipping 2 Ltd., an LNG carrier-owning company, MOL said earlier today. MOL established Trans Pacific Shipp
Fearnleys Weekly newbuilding report said that two large orders for Ultramax bulk carriers were reported last week at Chinese private owned yards, with the newly established Ample Ocean contracting totally 36 vessels at JES and New York based Doonbeg Group ordering totally 8 units at Yangfan. Both ya
Odfjell SE has today entered into an agreement with affiliates of Breakwater Capital and Oak Hill Advisors to form a liquefied petroleum gas and ethylene (LPG/E) shipping joint venture. Further, Odfjell announced that it has exercised its option for construction of four 22,000 cbm LPG/E gas carriers
Russian Pella shipyard held a launching ceremony for the tugboat «RB-407» of project 16609 (building No 626), built within the Acceptance Program of 2014. The solemn ceremony included participation of the Russian Navy’s Chief of naval crew training department of supply vessels Dandamaev Anzor Gasano
Algoma Central Corporation has taken delivery of the second of eight new Equinox class lake bulk carriers from Nantong Mingde shipyard in China. The ship, named the Algoma Harvester, is being prepared for the long voyage to Canada and is expected to leave China shortly. When it arrives in Canada thi
TTS Group ASA has, through its subsidiary TTS Marine GmbH in Bremen, has signed five new contracts with a total value of approx $13.5 million. The largest contract is for complete delivery of hatch cover systems for two ConRo vessels, built for an US customer. Other contracts are for anchor and moor
Evergreen Group is about to receive two new L-type containerships, the EVER LIBERAL and EVER LISSOME. The 8,452-TEU EVER LIBERAL was christened by Bronson Hsieh, Evergreen Group’s Second Vice Group Chairman, at Samsung Heavy Industries shipyard in South Korea on May 9th. The rope cutting for the ves
As part of its ongoing commitment to providing the highest level of service to its heavy lift and project cargo customers, Intermarine, LLC (Intermarine) is adding 15 new vessels to its fleet. “We are launching our fleet renewal program with long term charters on a series of new vessels from Sanfu S
DNV GL has conducted a risk assessment “hazard identification study (HAZID)” on a series of three methanol-fuelled tankers for owner Mitsui O.S.K. Lines and shipyard Minami Nippon Shipbuilding in Japan. As these are the vessels with a flex fuelled low speed diesel engine using methanol and/or heavy
Finland’s Minister of Economic Affairs Jan Vapaavuori has travelled to South Korea where he will discuss the possible sale of Turku yard to German shipbuilder Meyer Werft. During the visit, Mr. Vapaavuori will meet with both STX representatives and South Korean Trade and Industry Minister Song Jick-
ABS, a leading provider of classification and technical services to the maritime industry, has been awarded a contract for the classification of two innovative ‘Moss-type’ LNG carriers to be built in Korea for Malaysia’s Petroliam Nasional Bhd (Petronas). The 150,200-m3 capacity ships will the large
Last Friday, during the keel-laying ceremony for the Oasis III at STX in St. Nazaire, France, Royal Caribbean also announced that it has agreed with STX France to move forward on the order of a fourth Oasis-class ship for delivery in 2018. The keel laying, during which a 1,000-ton block measuring 32
In a significant long term commitment to Tasmania and Antarctica, the Australian government has approved the process to procure a new icebreaker to replace the ageing Aurora Australis. The new icebreaker, that will be based in Hobart, is part of the commitment of the Abbott Government to boost jobs
MacGregor, part of Cargotec, presented a new addition to its Hatlapa product range: the steering control system, Hebe. It will be offered as an integrated part of the company’s Hatlapa range of steering gear solutions and its inclusion will deliver operational and equipment compatibility benefits fo
