"Korean operators need 37 new ships"
After a research run by the Ministry of Oceans and Fisheries (MOF) and the Korea Ocean Business Corporation (KOBC), it turned out that 32 Korean operators hope the government will give them supports of KRW 3.5636trn (approximately $3.18bn) in tot...
Chantiers de l’Atlantique enlarges yard
Chantiers de l’Atlantique and the public works company Charier inaugurated on 26 November 2018 the extension of the pre-assembly area which allows a significant increase in the production capacity of the shipyard. With the work started in Ju...
Fincantieri laid keel for Qatari corvette
The keel laying ceremony of the first “Doha” class corvette ordered to Fincantieri by the Qatari Ministry of Defence within the national naval acquisition program, took place today at Fincantieri’s shipyard in Muggiano (La Spezia). ...
Singapore's FSL attracts fund for new ship acquisitions
Singapore's First Ship Lease Trust is issuing new shares to renew its fleet. The company is set to attract up to SGD 43m (around USD 31m) through a preferential offering. The shipowner is expected to use 50-100% of the fund to renew its fle...
HPWS wins all-electric vessel order
CSSC Huangpu Wenchong Shipyard has won an order for a battery-type all-electric vessel from Shenzhen Maritime Bureau. According to foreign media and industry sources, the vessel is to be built to a design by CSSC 708 Research Institute. The le...
Wuhu clinches tanker order from Sweden
Donsotank is said to have ordered new tankers from a Chinese shipbuilder. According to foreign press and industrial source, the Swedish operator has recently commissioned Wuhu Shpyard to build two 22,000 dwt product carriers (PCs). It seems th...
Global yards see 14% decline in NB orders
A total of 811 vessels of 61.8m dwt and 23.1m cgt turn out to have been ordered from January to October 2018, down by 14% year-on-year in dwt terms on an annualized basis. For the 10 months to October 31, 2018, according to Clarkson Research, ...
Metal Shark revealed new ship design
Shipbuilder Metal Shark will be showcasing an array of new products and technology at this year’s International Workboat Show in New Orleans. “With the exponential growth of our company, capabilities and technology, we found ourselves with...
Mitsui E&S delivered new bulker
Mitsui E&S Shipbuilding Co., Ltd. (MES-S) completed and delivered a 60,000 dwt type bulk carrier M.V. "STH MONTREAL" (Hull No. 1940) at its Tamano Shipyard on 27th November, 2018 to Sea Trade Holdings Inc., Republic of the Marshall Islands .&...
Car maker Renault to develop sailing ship
During the Assises de la Mer maritime conference, Groupe Renault announced the signing of a 3-year partnership with Nantes start-up NEOLINE to develop a more sustainable maritime transport service powered by wind, and to contribute to the environ...
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