Korean shipbuilders have secured the vast majority of new global LNG carrier orders, according to the Korea Offshore & Shipbuilding Association. Out of 16 LNG carriers ordered worldwide by the end of last month, Korean s…
NYK Line has announced that NYK Stolt Tankers, its joint venture with Stolt Tankers, has ordered two new large chemical tankers from Nantong Xiangyu Shipyard in China. This brings NYK Stolt's newbuilding order backlog to…
German shipping company Carsten Rehder Schiffsmakler und Reederei has placed an order worth $62.4 million for four methanol-ready multipurpose vessels at Garden Reach Shipbuilders & Engineers (GRSE) in Kolkata, India. Th…
Työvene has announced the successful delivery of MCS SWATH 3, the first in a series of three Crew Transfer Vessels (CTV), to MCS Maritime Craft Services Ltd of Scotland. The vessel, utilizing SWATH (Small Waterplane Area…
Geneva-based shipping company Advantage Tankers has expanded its investment in large tankers by placing new orders in South Korea. The company has exercised an option for a 320,000 dwt very large crude carrier (VLCC) at …
Pacific International Lines (PTE) Ltd (PIL) has officially added the 8,200 TEU LNG dual-fuel container vessel, Kota Odyssey, to its fleet. The vessel was named by Her Excellency Ms Naana Jane Opoku-Agyemang, Vice Preside…
Celsius has celebrated the naming ceremony of its newest LNG ship, the Celsius Guadeloupe. The vessel, equipped with a dual-fuel MAN ME-GA engine and GTT's Mark III Flex membrane containment system, is scheduled for deli…
On October 1, Bahri, Saudi Arabia’s leading shipping and logistics company, confirmed an order for six geared Ultramax dry bulk carriers at International Maritime Industries (IMI). This project marks Saudi Arabia’s inaug…
The global dredging market, valued at USD 11.16 billion in 2024, is projected to grow to nearly USD 13.76 billion by 2032, according to recent industry reports. Dredging, an essential excavation process using specialized…
On September 25th, offshore renewable solutions provider Cadeler officially took delivery of the Wind Ally, the first of its three ordered A-class offshore wind installation vessels. Built over two years at the COSCO Shi…
U-Ming Marine Transport Corporation has announced the successful delivery of the Grand Pioneer, a 325,000 DWT Very Large Ore Carrier (VLOC), marking a significant milestone in maritime sustainability. The vessel has been…
On June 13, 2024, shipbuilder VARD delivered the Commissioning Service Operation Vessel (CSOV) Windward Athens to Windward Offshore GmbH & Co. KG as scheduled. The vessel, also known as NB 963, highlights VARD's ability …