YZJ tries to sell feeder boxship
China's largest private-run shipbuilder Yangzijiang Shipbuilding (YZJ) is to dispose of feeder containership awarded by Lomar Shipping. According to industrial source and TradeWinds, YZJ has tried to sell one of four 1,770 teu boxships it won ...
KNOT orders shuttle tanker from China
Norwegian tanker operator Knutsen NYK Offshore Tankers (KNOT) turns out to have recently ordered one Suezmax shuttle tanker from China's COSCO Shipyard Group. According to industrial source and foreign media outlet, the tanker worth $100...
HMM's 24,000 teu boxship named at SHI
Korean liner shipping company HMM (ex-Hyundai Merchant Marine) had a naming ceremony for the world's largest containership 'HMM Rotterdam' on June 26. This was the second christening event held after the previous one for sistership 'HMM ...
GEV extended LOI with CIMC Raffles
Global Energy Ventures Ltd (ASX: GEV, the Company), the leading developer of global integrated marine compressed natural gas (CNG) projects, announced on June 30 that it has extended Letter of Intent (LOI) with Yantai CIMC Raffles Offshore, Ltd (...
NYK gets AHEAD demonstrated
NYK announced on June 26 that the Advanced Hydrogen Energy Chain Association for Technology Development (AHEAD), in which NYK participates, has started the world's first international demonstration operation to transport hydrogen. This project is...
ICG's ferry contract terminated
A contract to build passenger/vehicle ferry, which was concluded between Irish Ferries, a subsidiary of Dublin-headquartered marine transport corporation Irish Continental Group (ICG), and Flensburg-based German shipbuilder Flensburger Schiffbau-...
NORDEN orders newbuilds at NACKS
NORDEN announced on June 29 that it has entered into a newbuilding contract with Nantong Cosco Khi Ship Engineering Co. (“NACKS”) for 4 x 61,000 dwt dry cargo “Ultramax” ships, expected to deliver during 2022. NORDEN CEO Jan Rindbo not...
Artemis secures grants for green ferry project
Artemis Technologies recently announced that a Belfast Maritime Consortium led by the company has won a £33 million UK Government innovation grant to develop zero emissions ferries in the city, that will revolutionise the future of maritime tran...
"Bearish trend continues in NB price"
The rebound trend of newbuilding price in global shipbuilding market is hardly be seen amid unfavourable factors including the Covid-19 outbreak. Choi Kwang-sik, a researcher at Hi Investment & Securities, has recently noted, "Global...
IPA starts building on LNG tug boat
Incheon Port Authority (IPA) announced that it held a keel-laying ceremony for ‘Baekryung’, which is the first eco-friendly tug boat in Korea, as part of the LNG conversion project in DH shipyard. The LNG conversion project is to turn the old...
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