2016 is off to a flying start when it comes to delivering brand new VLCCs from shipyards in South Korea and China to owners and investor across the globe, says a report BIMCO.
Golar LNG Limited has entered into a purchase agreement to sell the Golar Tundra, a floating storage and regasification unit (FSRU), to Golar LNG Partners LP for a sale price of $330 million.
VesselsValue has provided a list ranking the top shipowning nations by value, including the percentage change difference against 2015 figures.
Acquisition of two modern wide-beam vessels for first deployment in the South American business; two more identical ships chartered; four efficient wide-beam vessels
The fifth of the six Kilo-class submarines that Vietnam purchased from Russia has arrived at Cam Ranh Bay, Thanh Nien news reported.
The submarine, which was
FSL Trust Management Pte. Ltd., as the trustee-manager of First Ship Lease Trus, announced that the Trust has completed the disposal of Ever Radiant and Ever Respect
Ignoring industry leaders and human rights and environmental organizations, ship owners continue to profit from dangerous and dirty shipbreaking practices on South Asian beaches in 2015,
Diana Shipping Inc. has signed, through three separate wholly-owned subsidiaries, three Memoranda of Agreement to acquire from a related party three Panamax vessels
2016 could be a brutal year for Korean Shipyards. Yonhap reports that the country's shipbuilders failed to clinch any new orders in January, underscoring the protracted
Vessel sales for January 2016 (as of February 1) as prepared by Shipping Intelligence, Inc., New York.
Date Reported - Vessel Name - DWT - Built - (Age) - Price
AIDA Prima, a new ship for Carnival Corp.'s AIDA Cruises brand, was damaged by a fire early Sunday at Mitsubishi Heavy Industries Ltd.’s shipyard in Nagasaki, the Japan Times reports.
MSC Cruises, the 4th largest cruise line, confirmed the existing STX France options to build an additional two ships in the Meraviglia class.
The ships, valued by MSC at $1.
In the first half of this year, JSC “Latvijas kugnieciba” subsidiary “LSC Shipmanagement” Ltd (LSCSM) will add three newly built oil
Singapore’s dry bulk shipping company Mercator Lines Limited has has entered into Memoranda of Agreements to sell five bulk carriers, the company’s judicial manager said.
Incat Crowther has announced the delivery of Utila Dream, a 244-passenger 30m Catamaran Passenger Ferry, built by Midship Marine in Louisiana. Utila Dream was recently
The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a 2005-Japanese built Medium Range Product Tanker “Jag Padma” of about 48,000 dwt.
Willard Marine, Inc., recently delivered a SOLAS 670 rescue boat to the U.S. Army to serve aboard the USACE Dredge McFarland in Philadelphia, Pennsylvania.
National oil giant Saudi Aramco has signed a memorandum of understanding to establish a shipbuilding and repair complex in the kingdom, part of Saudi Arabia's efforts
Crisis-hit yacht manufacturer Fairline Boats has been saved after the firm was bought by two Russian investors.
A new company, Fairline Acquisitions,
The Adani Group has signed a contract for two IHC Beagle 8 trailing suction hopper dredgers (TSHDs).
These two 8,000m3 vessels belong to the standardised IHC Beagle series,