New Times won two Aframax TKs [Shipbuilding]
New Times Shipbuilding of China is awarded 2+2 Aframax tankers from Chartworld Shipping. TradeWinds and other industry officials reported that Lou Kollakis-led Chartworld Shipping had ordered 2+2 115,000-dwt crude carriers at the Chinese yard....
2019-05-27 15:06:32
100% Chinese cruise coming in 2022 [Shipbuilding]
The first cruise ships 100% designed and built by Chinese companies are coming in 2022. Sources told that Shanghai Style Cruise Industry Development recently ordered 1+3 37,000-gt cruise ships to China Merchants Industry Holdings (CMIH) throug...
2019-05-27 14:20:17
Vard won another Aussie cruise this time [Shipbuilding]
Coral Expeditions of Australia has ordered one more cruise ship at Vard’s Vung Tau shipyard at Vietnam. Coral Expeditions Managing Director Paul Chacko said in an interview that Coral had ordered its second expedition cruise at the yard for ...
2019-05-27 13:57:14
Zhuhai Port to acquire new MPPs [Shipbuilding]
Zhuhai Port of China is planning to acquire two new 25,800-dwt multipurpose vessels to enhance its bulk shipping business. Sources told that the ships would be ordered by a shipping joint venture between Zhuhai Port and Success Network. The sh...
2019-05-27 13:35:44
Maersk reports solid uplift in earnings in Q1 [Shipping]
A.P. Moller - Maersk has closed the first quarter of 2019 with a 33% increase in earnings before interest, tax, depreciation and amortization (EBITDA) to USD 1.2bn while revenue grew by 2.5% to USD 9.5bn compared to Q1 2018. Operating cash flow i...
2019-05-27 10:34:11
MOL to Join Consortium on TCFD [General]
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) announced that it will participate in the Task Force on Climate-related Financial Disclosures (TCFD) Consortium, which was established to provide a forum for discussions ...
2019-05-27 10:33:08
Inmarsat presents digital and crew welfare events [Equipment]
Inmarsat, the world leader in global mobile satellite communications, has confirmed that it is renewing its support for London International Shipping Week (LISW) when the event returns for its fourth edition from 9th to 13th September 2019. ...
2019-05-27 08:27:40
Marlink extends global network with hybrid services [Equipment]
Marlink, the world-leading satellite communications provider, will introduce an all-encompassing new hybrid communication service at Nor-Shipping 2019. Called Sealink Global 4G, as a turnkey solution it provides everything needed to leverage fast...
2019-05-27 08:26:51
LNG-Hybrid vessels to join Seaspan Ferries [Shipbuilding]
Seaspan Ferries announced today that it will be adding two new Liquid Natural Gas (LNG) – Battery hybrid ferries to its fleet in 2021. The vessels will be constructed by Damen Shipyards Gorinchem B.V. at their Mangalia Shipyard in Romania. W...
2019-05-27 08:25:54
Thordon appoints new Sales Vice-President [Equipment]
Mr. Neil Cooper has been appointed Vice-President, Sales, Thordon Bearings, with the mandate to build upon the Canadian company’s leading position in the global water-lubricated bearings market and to drive continued growth. On welcoming Mr....
2019-05-27 08:24:54
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