Zvezda to build ice class tanker for Rosneft
AO Rosnefteflot, a subsidiary of Rosneft, and Zvezda shipyard signed a contract during the St. Petersburg International Economic Forum for the construction of a shuttle tanker Arc6 with a deadweight of 69,000 tons. The contract provides for an op...
Russian outfits cooperate for new LNG-fuelled tankers
At the St. Petersburg International Economic Forum on May 25, Sovcomflot (SCF Group) and Rosnefteflot signed an agreement whereby SCF’s specialists will provide technical supervision during the construction of Rosneft’s new LNG-fuelled Afra...
Stena orders LNG RoPax from AVIC
Swedish ferry operator Stena Line is said to have ordered its first LNG-powered RoPax. The vessel is the sixth unit of Stena's 'E-Flexer' RoPax series, all on order at China's AVIC Weihai Shipyard. Stena explained th...
IRISL's NB program faces difficulties
The large scale newbuilding project of Islamic Republic of Iran Shipping Lines' (IRISL's) meets with a difficulty as the Trump Administration imposes economic sanctions on Iran. While the future of four 14,500 teu containerships built at Hyund...
KOMEA dispatches trade mission to Thailand
The Korea Marine Equipment Association (KOMEA) plans to dispatch a trade mission to Bangkok, Thailand, from May 30 to June 1. Four core buyers in Thailand including shipyards like Marine Acme Thai Shipyard and Thai Shipyard, as well as 1...
DSIC won Norwegian suezmax units
Faerder Tanks of Norway is poised to order up to eight suezmax units at Dalian Shipbuilding Industry (DSIC), it is said. According to TradeWinds and industry, the operator is going to order 4+4 suezmax ships at $56.9m apiece, with delivery bet...
2H will see boxship/LNG ship boom
The decision to allow bigger ships to transit the Panama Canal seems to favor Korean shipyards, an analyst predicted. CAPE Investment & Securities predicted that “2H will turn out to be active as owners, who have delayed their ordering t...
VARD secures contract for stern trawler
VARD announced that it has secured a new contract for the design and construction of one stern trawler for Nergård Havfiske AS in Norway. The contract value is approximately NOK 400 million. The stern trawler of VARD 8 02 design is developed ...
Wärtsilä: successful testing programme onboard cruiseship
The technology group Wärtsilä is utilising its strong in-house capabilities to create further advances in operational efficiency and safety for ship owners and operators. The latest in the company’s drive towards harnessing innovative and cre...
Japan squeezed out of market?
A broker outfit argued that Japanese shipbuilding industry is being squeezed out of the shipbuilding market due to high shipbuilding costs and transition in industry structure in the country. "Japanese yards are asking $32-33m per Tier III kam...
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