HZ Group constructed 3rd Yamal LNGC [Shipbuilding]
China’s Hudong-Zhonghua Shipbuilding, an affiliate of China State Shipbuilding Corporation (CSSC), has constructed the third Yamal LNG carrier (LNGC) 'LNG Phecda'. The Yamal LNG vessel 'LNG Phecda' was ordered by a joint venture (JV) compris...
2020-08-28 09:07:37
CSET sets up new subsidiary [Finance]
China's COSCO Shipping Energy Transportation (CSET) turns out to have recently set up a new subsidiary in Hainan. According to industrial source and TradeWinds, the name of the new company in which working capital of CNY 2.4bn (approximately...
2020-08-28 09:06:31
"FSO demand down, old VLCC price down" [Shipping]
While the volume of crude oil stored in floating, storage and offloading facilities (FSOs) decreased to 155m barrels on August 6 from 194m barrel seen on June 28, it is expected that second-hand very large crude carriers (VLCCs) would all come ba...
2020-08-28 09:05:33
Boxship orderbook to fleet ratio below 10% [Market Information]
It turned out that the global containership orderbook to fleet ratio has dropped below a 10% level for the first time in this century.  In the containership sector, according to Alphaliner, the share of shipyards’ orderbook against the ...
2020-08-28 09:03:23
Boxship orderbook to fleet ratio below 10% [Shipbuilding]
It turned out that the global containership orderbook to fleet ratio has dropped below a 10% level for the first time in this century.  In the containership sector, according to Alphaliner, the share of shipyards’ orderbook against the ...
2020-08-28 09:01:39
Austal USA purchases steel ship production assets [Shipbuilding]
Austal Limited (ASX:ASB) announced on August 20 that it has executed a conditional agreement to purchase additional waterside land and facilities in Mobile, Alabama. This property and facilities on the Mobile River include a dry dock capable of l...
2020-08-27 10:17:14
SQLearn partners with Marine Learning Systems for training [General]
SQLearn announced on August 24 that its modern library of interactive e-learning courses is now available on Marine Learning Systems’ advanced training and assessment platform, which is built specifically for the maritime industry, through a co...
2020-08-27 09:56:16
e5 Lab to launch roboship electric vessel project [Shipbuilding]
e5 Lab Inc. (President: Tomoaki Ichida; Headquarters: Chiyoda-ku, Tokyo) announced on August 24 that the company—aiming to realize a sustainable society—has started developing the ROBOSHIP, the standard models of electrically powered vessels ...
2020-08-27 09:47:55
Samskip relaunches Amsterdam-Hull [Shipping]
Multimodal transport operator Samskip announced on August 24 that it is responding to recovering North Continent-UK unitised traffic by reintroducing direct links between Amsterdam and Hull, in a service renewal that reinforces containerised shor...
2020-08-27 09:41:38
Shearwater awarded first offshore Vietnam seismic survey [Shipbuilding]
Shearwater GeoServices Holding AS (“Shearwater”) announced on August 20 that it has received an award for a towed streamer 3D acquisition by SK Innovation Co., Ltd, the operator of Vietnam Block 16-2. “This will be Shearwater’s first s...
2020-08-27 09:36:47
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