124 cruise ships on order currently
It turned out that, globally, the number of cruise ship newbuilds on order stands at 124 (ocean-going ships) as of the end of May this year, representing over 260,000 berths. While the 124 vessels are scheduled to come online betwe...
Valles exercised option for Aframax
Hong Kong operator Valles Steamship has exercised an option for one unit of Aframax tanker at a Japanese yard. TradeWinds and other sources reported that the Koo family-led shipping company has recently exercised the option, which had been att...
Fredriksen behind SHI LNGCs?
Market observers are playing a guessing game about SHI’s two LNGC newbuildings recently unveiled. Samsung Heavy Industries (SHI) had stated on June 7 through a regulatory filing that the yard signed a contract with a Bermuda-based shipowne...
One Sea welcomes more prominent members
Three of the leading influencers in the international maritime sector have joined One Sea, the industry alliance that brings together leading exponents of autonomous ship technology. Global satellite group Inmarsat and NYK Group re...
DNV GL and New Dayang into bulker JDP
As part of the strategic cooperation agreement signed between SUMEC Marine Company Ltd. and DNV GL last year, SUMEC’s New Dayang Shipbuilding Co., Ltd. and DNV GL have agreed on a Joint Development Project (JDP) to update the Crown 63.5k Bulk C...
"Zvezda to raise orderbook to 130 units"
Russian state-run shipyard Zvezda Shipbuilding Complex (SSC Zvezda) plans to raise the number of ships in its orderbook to a 120-130 level, Kirill Molodtsov, Deputy Minister of Energy of the Russian Federation, has recently noted via an interview...
Busan discusses prospect for shipbuilding
The Busan Economic Promotion Agency (BEPA) had a seminar on 'recover trend of and prospect for shipbuilding industry' on June 5 to discuss changes in shipbuilding market economy, strengthened environmental regulations, etc. Regardi...
Kangnam bags patrol vessel quartet
Kangnam Corporation has recently announced that the Korean defense industry shipyard signed a contract on June 3 for building four patrol vessels for the Korea Coast Guard (KCG), which were ordered by the Public Procurement Service(PPS). ...
Samsung wins LNGC duo, raising its LNGC tally to 10
Samsung Heavy Industries has signed a contract with a Bermuda-based shipowner to build two LNG carriers worth KRW 449.7bn ($380m) in total, it announced Friday. The vessels are due for delivery by end of June, 2022. Including this contract, ...
LR approves SHI's LNG-fuelled VLCC
LR has presented SHI with approval in principle (AiP) for an LNG-fuelled Very Large Crude Carrier (VLCC) equipped with a 6,000 cubic metre LNG fuel storage tank, a two-stroke dual-fuel diesel engine and an LNG fuel supply system. This AiP was a r...
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