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Monday, December 15, 2025

Newbuild Program News

08 Dec 2025

KNUD E. HANSEN Supports RoPAX Ferries for Cook Strait

© KNUD E. HANSEN

KNUD E. HANSEN, a naval architecture and marine engineering consultancy, has announced a milestone in its ongoing collaboration with Ferry Holdings Limited. Following the successful signing of the shipbuilding contract with Guangzhou Shipyard International (GSI), two new RoPAX vessels will be built.These vessels are destined for service linking the North and South islands across New Zealand’s challenging Cook Strait and through the environmentally sensitive environs of the Tory Channel and Queen Charlotte Sound.

21 Aug 2025

Great Lakes Dredge & Dock Takes Delivery of Hopper Dredge

Source: Great Lakes Dredge & Dock

Great Lakes Dredge & Dock, the largest provider of dredging services in the United States, has taken delivery of its newest Jones Act-compliant hopper dredge, the Amelia Island from the Conrad Shipyard in Morgan City, Louisiana.The Amelia Island is specially designed for efficient and safe operations along shallow and narrow waters throughout all U.S. coastlines. The vessel is approximately 346 feet in length, 69 feet in breadth, 23 feet in depth with 16,500 total horsepower installed.

08 Jul 2025

U.S. Boatbuilding Gains Steam

Hines Furlong tug Donny Mudgett.
Image source Laborde Products

Shipbuilding in the United States has seen a heightened profile with increased attention from Congress and the Trump 2.0 Administration. The ongoing dialogue regarding reinvigorating the U.S. deep sea fleet has brought mainstream attention to vessel construction, which has been nearly absent in recent years. In contrast, the marketplace for domestic vessel construction, for vessels serving rivers and harbors, is alive and well. Recent newbuilds for linehaul trades, and also Z-drive vessels for ship assist work, show the resilience of this sector.

21 May 2025

M/V Donny Mudgett: First Delivery in Hines Furlong’s 11-Vessel Newbuild Program

Image courtesy Hines Furlong Line/Laborde Products

Hines Furlong Line has taken delivery of the M/V Donny Mudgett, the first vessel completed in its eleven-vessel newbuild program. Built at Intracoastal Iron Works in Bourg, Louisiana, the M/V Donny Mudgett is powered by three Mitsubishi Tier 3 S6R2-Y3MPTAW engines, each delivering 803 horsepower at 1,400 RPM.Donny Mudgett is the first of eleven vessels currently under construction at Intracoastal Iron Works and Eymard Marine Construction & Repair. The program includes five triple-screw and six twin-screw vessels…

29 Apr 2025

Nakilat Reports USD$118 Million Net Profit for Q1 2025

Nakilat announced its financial results for the first quarter of 2025, ending March 31. Credit: Nakilat

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its financial results for the first quarter of 2025, ending March 31. The Company achieved a net profit of QAR 433 million, marking a 3.2% increase from USD$115 million (QAR 420 million) recorded in the same period of 2024. Key Financial Highlights for Q1 2025:Net Profit: USD$118 million (QAR 433 million), up 3.2% year-on-year.Incurred total expenses of USD$184 million (QAR 673 million), reflecting a decrease of 5.7%.This sustained growth is attributed to Nakilat’s strategic fleet expansion…

18 Mar 2025

Norwegian Firm Aces Davit Tryouts on US Navy Fleet Refueling Vessels

(Vredit: Vestdavit)

Norwegian supplier of boat-handling systems Vestdavit has demonstrated the operational efficiency of its davits during sea trials of the equipment on U.S. Navy fleet refueling vessels being built by General Dynamics NASSCO.The pair of high-specification PLRH-5000 rescue boat davits were subject to rigorous operational testing in the recent trials performed with USNS Robert F. Kennedy, or T-AO 208, that is the fourth and latest so-called T-AO oiler to be delivered in the series…

16 Jan 2025

OP/ED: When it Comes to Offshore Energy, Be Careful What You Wish For

©HC FOTOSTUDIO/AdobeStock

You just might get it.In the waning days of the Biden administration, the executive orders and such that get announced seemingly on a daily basis signal countless victories for that side of the equation. And, no matter which side of that great divide that you reside on, it is likely that some of those edicts will be quickly reversed by the incoming President. Of course, much of this is likely irreversible. No where is that more apparent than Biden's order to withdraw 625 million acres of ocean from new offshore oil and gas development.U.S.

18 Nov 2024

Workboat 2024: A Ton of Energy

There’s plenty to go around for everyone, no matter it comes from.I will admit that attending the 2024 Workboat Show in the Big Easy just ten days after settling into the MarineNews Editor’s chair (for this, the second time around) had my full attention. The event typically evokes the specter of drinking from the proverbial fire hose in routine times, but attending and digesting all it has to offer, right out of the gate, makes the task just little bit edgier. Ultimately, last week’s trade show exuded terrific energy, from exhibitors to attendees alike.

19 Aug 2024

ZIM on Track for Double-Digit Volume Growth

Credit: Don Monteaux Photography

ZIM Integrated Shipping Services has announced a net income for the second quarter of 2024 of $373 million (compared to a net loss of $213 million in the second quarter of 2023).The company’s adjusted EBITDA for the second quarter was $766 million, a year-over-year increase of 179%. Total revenue for the second quarter was $1,933 million, a year-over-year increase of 48%.Carried volume in the second quarter was 952,000 TEUs, a year-over-year increase of 11%, and its average freight rate per TEU in the second quarter was $1…

01 Jul 2024

Wilson Orders Eight More Vessels

(Image: Wilson ASA)

European short-sea shipping company Wilson ASA announced it has ordered eight 6,300 dwt general cargo vessels, extending its newbuild program to 14. The ships will be built by Indian shipbuilder Cochin Shipyard.The 14 new ships, including the six 3,800 dwt vessels ordered in June 2023, will be delivered from the first half of 2025 until 2028.The new, modern vessels will contribute to both growth and fleet renewal of the existing Wilson fleet, the company said.

17 Jun 2024

Golden Gate Ferry to Build Eight New Vessels

(Image: Golden Gate Ferry)

Golden Gate Ferry will build a fleet of eight new hybrid vessels to improve operational efficiency and reduce emissions from its San Francisco Bay Area commuter ferry service.Electrical contracting company McKay on Monday announced it has been appointed by naval architecture firm Aurora Marine Design to serve as the electrical systems integrator for the Liwa Class newbuild program, which will commence in early 2025 to retire and replace Golden Gate Ferry’s existing fleet of with a series of eight new 50.5-meter-long…

22 Apr 2024

Belships Expands Its Newbuild Program

© Leonid / Adobe Stock

Belships announced has expanded its newbuild program with two new 64,000 dwt Ultramax bulk carriers scheduled for delivery in 2028.The Norwegian-based company now has a total of 10 newbuilds under construction at Japanese shipyards with delivery between 2024 and 2028. All vessels are leased on time charter for a period of 7 to 10 years from delivery, with purchase options around current market levels. There is no obligation to purchase any of the vessels. Cash breakeven for the vessels upon delivery is about $14…

13 Feb 2024

Carnival Orders Another Cruise Ship from Meyer Werft

(Photo: Meyer Werft)

German shipbuilder Meyer Werft reports it has secured an order from U.S.-based Carnival Corporation for the construction of a new cruise ship for Carnival Cruise Line. The newbuild order is the first placed by Carnival Corporation in five years.Slated for delivery in 2027, the Excel-class ship will be a sister vessel to the 183,200 GT Carnival Jubilee, which was handed over at the end of 2023."Our Excel-class ships have been a tremendous addition to the Carnival fleet and proven very popular with our guests," said Christine Duffy, president of Carnival Cruise Line.

15 Dec 2023

Edda Wind Secures Green Financing for Newbuild Program

(Image: Edda Wind)

Edda Wind announced it has entered into a green term loan facility agreement for the pre- and postdelivery financing of four new commissioning service operation vessels (CSOV) under construction at Vard.The agreement is a €161 million green loan facility with Crédit Agricole Corporate and Investment Bank, Danske Bank A/S, DNB Bank ASA and SpareBank 1 SR-Bank ASA, with expiry in 2029 and a profile of 12 years. The facility corresponds to a leverage ratio of 60% of the total ready…

11 Dec 2023

Berg Propulsion for Erik Thun Newbuilds

Image courtesy Berg/Erik Thun Group

Erik Thun Group selected Berg Propulsion’s Dynamic Drive technology to optimize efficiency on board all 10 of its latest newbuildings. The Swedish owner confirmed its decision after pilot installations exceeded energy efficiency gain expectations, with the integrated drive solution helping to save 10% of fuel, rising to 20% in some operational conditions.As part of Erik Thun’s rolling fleet renewal strategy, the owner recently expanded its newbuild program with Dutch yard Shipsveerf Ferus Smit B.V to include four 5…

07 Dec 2023

The Next WSF Vessels Could Be Built Outside of Washington State

© Chris Fabregas / Adobe Stock

The next newbuilds for Washington State Ferries (WSF) could be built by a shipyard outside of Washington as the state seeks to accelerate its ferry electrification program.The Washington State Department of Transportation's (WSDOT) WSF earlier this week issued a request for information to the shipbuilding industry across the country as part of its effort to contract for five new hybrid-electric Olympic-class ferries. Responses are due in January and will provide critical information for the Invitation for Bid in spring 2024…

05 Dec 2023

Seaspan Enters Car Carrier Segment in Order with Glovis

(Photo: Seaspan Corporation)

Containerships owner/operator Seaspan Corporation signaled its entry into the car carrier segment in confirming a deal to order a series of new pure car and truck carriers (PCTC) in partnership with Hyundai Glovis (Glovis).The 10,800 CEU are the largest PCTCs under development to date. They will be dual-fuel liquefied natural gas (LNG), as well as ammonia-and methanol-ready.Seaspan said it negotiated the purchase from Shanghai Waigaoqiao Shipbuilding, a China State Shipbuilding Corporation shipyard.

10 Oct 2023

Hornbeck Offshore Services to Complete Ultra-High-Spec MPSVs After Legal Settlement

Credit: Hornbeck Offshore Services

U.S.-based offshore vessel operator Hornbeck Offshore Services confirmed Monday it had reached a final settlement agreement with the surety (the “Surety”) for two Multi-Purpose Support Vessels (MPSVs) that had been under construction at Gulf Island Shipyards.Gulf Island Shipyards (GIS) sued Hornbeck Offshore in 2018 over what it said was the wrongful termination of two shipyard construction contracts for the final two vessels in the company's fifth offshore support vessel (OSV)…

05 Oct 2023

Gulf Island Settles Lawsuit with Hornbeck Offshore Over MPSV Dispute

Photo: Gulf Island Shipyards

Gulf Island Fabrication said Thursday that its subsidiary, Gulf Island Shipyards, had resolved its lawsuit with the U.S. offshore vessel operator Hornbeck Offshore Services relating to the construction of two multi-purpose supply vessels (“MPSV”).Gulf Island Shipyards (GIS) sued Hornbeck Offshore in 2018over what it said was the wrongful termination of two shipyard construction contracts for the final two vessels in the company's fifth offshore support vessel (OSV) newbuild program.Hornbeck…

01 Mar 2023

Svitzer Expands Into Brazil's Port of Salvador

A.P. Moller-Maersk's towage arm Svitzer announced it has expanded its presence in Brazil to provide operations and services at the Port of Salvador, including Aratu Port Complexes.Svitzer said it will deploy two "modern and high-powered" tugs, the Svitzer Jamil Darian and Svitzer Zoe, in the Port of Salvador. To service the port, Svitzer has hired a total of 12 crew members.Daniel Reedtz Cohen, Managing Director of Svitzer Brazil, said, “Brazil continues to grow in its role as a key player in the global trade ecosystem, with resulting increased port activity. Svitzer is dedicated to its role in the supply chain and to servicing customers in the region.”Svitzer has been operating in Brazil since 2015 and now has a presence across eight ports in the country.

22 Dec 2022

Babcock Wins £45 Million Contract to Maintain UK Research Vessels

RRS Sir David Attenborough (Photo: British Antarctic Survey)

The U.K. has awarded Babcock International’s Rosyth shipyard a £45 million (approx. US$56.6 million) contract to maintain its fleet of three scientific research vessels.The initial three-year contract, announced by U.K. Industry and Maritime Minister Nusrat Ghani earlier this month, will see the large oceanographic and polar research vessels RRS Sir David Attenborough, RRS Discovery and RRS James Cook dock at Babcock’s state-of-the-art facilities in Rosyth, Scotland, for programmed maintenance and upgrade work.

01 Nov 2022

Region in Focus: Norway’s West Coast Shipping Tech Hub

Photo credit: NTNU

Two load-bearing pillars of Norway’s leading maritime industry cluster in Sunmøre on the country’s west coast – offshore energy and the expedition cruise sector – took severe knocks from plunging energy prices in the 2010s followed by COVID-19. However, a recent tour of the region found the cluster in recovery mode.At the time, the cluster’s diversification strategy was to dive into the emerging expedition cruise sector: small, highly sophisticated ships designed to operate in some of the world’s most sensitive environments incorporated features including the highest ice-class…

18 Jul 2022

Edda Wind’s New Offshore Wind Vessel Launched in Spain

Credit: Edda Wind

Edda Wind’s new Service Operation Vessel Edda Goelo (C416) was launched at Astilleros Balenciaga shipyard in Spain on Friday.Edda Goelo will serve as a mother vessel for wind turbine technicians as they perform maintenance work on offshore wind turbines. When completed, the new SOV will start operations for wind turbine maker Siemens Gamesa at Iberdrola’s offshore wind farm in the Saint-Brieuc Bay off France in the third quarter of 2023. The vessel has a five-year contract with Siemens Gamesa…