Newbuilding price is increasing in February [Shipbuilding]
  With the year having just begun, the expectation on high newbuilding price is growing in the shipbuilding industry.   As of the middle of February, according to industry source, Clarksons’ Newbuilding Price Index stands...
2021-03-04 09:12:08
OrbitMI joins Kongsberg Digital’s Kognifai Marketplace [Equipment]
Kongsberg Digital announced on March 2 that it has signed a partnership agreement with OrbitMI to add its maritime intelligence, compliance, vessel tracking and vessel performance software applications to the Kognifai Marketplace. From today, O...
2021-03-03 09:50:40
Alfa Lift launched and prepares for crane installation [Offshore]
  OHT announced on March 1 that OHT’s new build vessel Alfa Lift has been floated-out from its dry dock at China Merchants Heavy Industry (CMHI) shipyard in Jiangsu, China. The specialist heavy installation vessel, which is designed...
2021-03-03 09:47:01
Wallenius plans to restart 3 more ships at mid-year [Equipment]
  Wallenius Wilhelmsen announced on February 24 that it has decided to reactivate three more of its vessels that are currently in cold layup. Reactivation will take place in June and July, and the reactivated vessels will replace capacity...
2021-03-03 09:44:33
Fincantieri & OCCAR to sign the deal for 2 submarines [Offshore]
  Fincantieri, announced on February 26 that Fincantieri and OCCAR (Organisation Conjointe de Cooperation en matiere d’Armement, the international organization for joint armament cooperation) will sign the contract for the construct...
2021-03-03 09:39:09
Ardmore assumes management of Carl Buettner tankers [Shipping]
  Ardmore Shipping Corporation (NYSE: ASC) (“Ardmore” or the “Company”) announced on March 1 that it has partnered with Carl Buettner – taking on the commercial management of four chemical tankers on behalf o...
2021-03-03 09:33:33
Windship Technology’s true zero emission shipping tech [Offshore]
  Windship Technology, Britain’s leading True Zero Emission company for the shipping industry, announced on March 1 that it has confirmed the findings from the world leading Wolfson Unit of the University of Southampton following a ...
2021-03-03 09:27:45
TORM scoops up 8 MR tankers from TEAM Tankers [Shipping]
  TORM recently announced that it has entered into an agreement to purchase eight 2007-2012 built MR product tanker vessels from TEAM Tankers Deep Sea Ltd. for a total cash consideration of USD 82.5m and the issuance of 5.97 million share...
2021-03-03 09:24:23
MOL to expand ship data sharing [Shipbuilding]
  Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced on March 1 that Mitsui O.S.K. Lines, Ltd. and Ship Data Center Co., Ltd. (ShipDC; President: Yasuhiro Ikeda) have agreed to share the data of about 180 MOL&...
2021-03-03 09:21:23
STX Engine-Wartsila cooperate in propulsion equipment [Equipment]
STX Engine entered into a business agreement with the technology group Wartsila for variable pitch propeller, fixed-pitch propeller and water jet propulsion equipment.   Under this business cooperation, STX Engine provides the total ...
2021-03-03 09:17:04
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