Shipping
KSS Line close to finish ship finance deal
KSS Line has recently announced that the Korean tanker operator is close to completing a ship finance deal worth KRW 152bn (about $126m) for two very large gas carriers (VLGCs) it booked at Hyundai Heavy Industries (HHI) early this year.  ...
2020-07-13 09:14:14
DSME&Busan carry out digital platform research
It emerged that the Busan Port Authority (BPA), Busan Institute of S&T Evaluation and Planning (BISTEP) and Daewoo Shipbuilding & Marine Engineering (DSME) have signed agreement and agreed to carry out joint research on ‘Development of ...
2020-07-13 09:12:41
POWERGLOBE looks for 10 years LNG ship charter-deal
POWERGLOBE recently announced that it has plan for a ten (10) year LNG vessel time-charter agreement to support its new booked capacity allocation to Croatia’s floating terminal, on the northern Adriatic island of Krk. POWERGLOBE has booked all...
2020-07-10 09:25:15
SCF Group calls off re-delivery notice
Russian state-run shipping company Sovcomflot (SCF Group) has recently withdrawn its previous re-delivery notice for seismic vessel 'Vyacheslav Tikhonov', which was sent out to Dubai-based offshore geophysical company Polarcus.  Last Dece...
2020-07-10 09:09:03
KNOT signs long-term charter with PetroChina
NYK Group announced on July 7 that NYK Group company Knutsen NYK Offshore Tankers AS (KNOT),* of which NYK has a 50 percent share, has concluded a first long-term time charter contract for up to a 10 year period starting from 2022 for a shuttle t...
2020-07-09 10:02:50
Polaris Shipping sold 5 VLOCs
It emerged that Polaris Shipping has sold five 325,000-dwt very large ore carriers (VLOCs), which are due to be delivered during August 2020 ~ April 2021) to H-Line Shipping. And These five VLOCs are being built at Hyundai Heavy Industries (HHI)....
2020-07-08 09:16:26
HMM’s 24,000 teu boxship named at DSME
Korean liner shipping company HMM (ex-Hyundai Merchant Marine) had a naming ceremony for the world's largest containership 'HMM Hamburg' on July 1.  The naming ceremony held on April 23 at Daewoo Shipbuilding & Marine Engineering's (D...
2020-07-07 09:07:43
Zhejiang Shipping issued tender for BC duo
It emerged that China’s state-run Zhejiang Shipping Group is seeking shipyards to build two 51,000-dwt supramax bulk carriers. According to industry soruces and foreign media, the group issued a tender for two newbuilds.  The value o...
2020-07-03 09:11:27
Stena Line confirms construction of two ferries
In the middle of the ongoing pandemic, ferry company Stena Line announced on June 29 that it has confirmed that the construction of their two new larger E-Flexer ferries has begun in Weihai, China. The vessels were ordered in 2018 and the deliver...
2020-07-01 09:28:41
Green inland vessel sails over Yangtze River
China's first hybrid inland ship began sailing along the Yangtze River, in line with the country's efforts to cut emissions in shipping industry.    The vessel uses LNG for main propulsion fuel and also is equipped with diesel-electr...
2020-07-01 09:12:28
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