AIDAnova delivered to its owner
The formal commissioning of this innovative prototype of a new generation of AIDA ships was attended by Michael Thamm, CEO Costa Group & Carnival Asia, Felix Eichhorn, President AIDA Cruises, Bernard Meyer and Tim Meyer, managing directors of...
MOL interested in LNGC at DSME
Japanese operator Mitsui O.S.K. Lines (MOL) is poised to make a newbuilding order on the back of a fresh LNG charter deal (5-7 years). According to TradeWinds and industry sources, MOL will soon sign a long-term charter deal for an LNG carrier...
MHI commissioned to build VLGC duo
Mitsubishi Heavy Industries (MHI) has won two additional 83,000 cbm very large gas carriers (VLGCs) from JX Ocean, the affiliate of Japanese energy company JXTG Group. According to TradeWinds and industrial source, the two newbuilds whic...
Navantia investing in the yard improvement plan
Spanish state-run shipyard Navantia is planning to invest EUR95m (around $103.6m) a year to upgrade its yard facilities from 2019 to 2022. Industry sources told that most of the investment would go to digital transformation of the production p...
DSME about to win Indonesian subs
While Moon administration is strengthening reciprocal ties with ASEAN countries, the industry is expecting a $1bn submarine deal to be materialized soon. The submarine export contract, which includes three 1,400t units, is worth around KRW1.2t...
Can 2018 NB orderbook see y-o-y growth?
International newbuilding orderbook recorded 203.5m dwt (78.9m cgt, 3,098 units) at the end of November this year, representing a slight downturn against a year ago. Of the current orderbook, 53% in dwt terms is scheduled to be delivered in 2019....
"Need to take note of Capesize, LNGC and MR1"
VesselsValue has recently announced its analysis on the demand and supply of three ship types which are worth paying attention to next year. The analysts of VesselsValue, a shipping vessel database service, pointed Capesize bulker, large...
DSME nets additional LNGC deal
Daewoo Shipbuilding & Marine Engineering (DSME) announced on December 14 that the Korean shipbuilding tycoon has won one LNG carrier from an Oceanian shipowner. The newbuild will be equipped with DSME's own technologies-applied syste...
STX O&S secures RG for three new MR tankers
STX Offshore & Shipbuilding has finally received refund guarantees (RG) from KDB for a newbuilding contract which had been once nullified without RG earlier this year. The Korean mid-sized shipbuilding company said on December 14 that RG w...
"LNGC price will exceed 250M"
An analyst predicted that a Korean built 174K LNG carrier would cost over $250m after a year. Park Moo-Hyun, a researcher at Korea's Hana Financial Investment, said in his December 14 report that “in the early 90s, a Japanese built Moss LNGC...
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