JMU’s new LNG ship christened
On October 16, Japan Marine United(JMU) announced a new LNG carrier, built by JMU and co-owned by Mitsui O.S.K. Lines (MOL; a 90% stake) and Tokyo LNG Tanker (a 10% stake), is christened at its yard. The ship, named as ENERGY LIBERTY, is a 165...
TCC orders VLCCs at HHI
Tai Chong Cheang Group (TCC Group) of Hong Kong recently ordered two VLCCs at Hyundai Heavy Industries (HHI) for deliveries in 2019. TCC Group is operating bulker and tanker fleets, and have recently ordered aframax crude carriers at Japanese ...
VARD run for three Coast Guard vessels
Vard Holdings Limited announced on October 13 that it has been invited to continue negotiations for the construction of three vessels for the Norwegian Coast Guard. The Norwegian Government had originally announced plans for the construction o...
YZJ won four capesize bulkers
Norwegian tycoon Roy Mosvold is understood to be ordering up to four capesize newbuildings at a Chinese yard. Mosvold Shipping appears to have teamed up with a Norwegian financial institution Pareto to secure capital for the project at Yangzij...
Neptun wins seven river cruise ships
Torstein Hagen-led Viking River Cruises has recently ordered seven new river cruise ships from Neptun Werft of Germany. Of the 'Viking Longships' cruise ship series, six vessels will sail over Rhine, Main and Danube rivers. The remaining...
Titan Petrochemicals takes over additional yard
Titan Petrochemicals of Hong Kong recently announced that it is acquiring Jiangsu Hongqiang Marine Heavy Industry at HKD 210m ($26.9m). It is understood that Jiangsu Hongqiang Marine Heavy Industry currently has one ultramax for China Construc...
Hapag-Lloyd Cruises Cuts Steel for Expedition Ship
Hapag-Lloyd Cruises announced on October 9 that it had started the constcution of its second expedition ship. The steel cutting ceremony on 5 October 2017 marked the start of the construction of HANSEATIC inspiration, the second, new-build expedi...
Gyeongnam council speaks up for industry
Gyeongsangnam-do Provincial Council passed the official proposal for the central government of Korea on the support for the shipbuilding industry. The council, in the 348th extraordinary session’s third plenary meeting on October 12, unanimo...
New Times won newcastlemax BCs
A newcomer in shipping realm, 2020 Bulkers signed LOI for at least two newcastlemaxes with New Times Shipbuilding, a private shipbuilder in China. According to TradeWinds, the IMO Tier II 208,000dwt BCs cost around $44.5m apiece. They are b...
Sungdong workers forced to take leave?
It seems that Sungdong Shipbuilding & Marine is likely to force employees to take leave for a few months amid concerns of a drop in new orders. According to industrial sources, a newbuilding under construction at the Korean shipbuilder i...
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