Author: Importer

State-run Shipping Corp. of India Ltd (SCI), the county?s biggest shipping firm by fleet size and revenues, is in talks with South Korean shipbuilder STX Shipbuilding Co. Ltd for a joint venture…

Aker Yards and Royal Caribbean Cruises Ltd (RCCL) have reached an understanding regarding the basis on which RCCL will order a fourth ship in the Freedom class, currently the world's largest cruise…

In a new phase of its major fleet expansion, freight-only specialist Seatruck Ferries in the UK has placed an order for four new generation ro-ro vessels with the German shipbuilder FSG (Flensburger…

Flensburger Schiffbau-Gesellschaft (FSG) further strengthens its leading position on the RoRo market by securing two contracts for the building of seven ships in total. As a result of these new orders, production…

Hyundai Mipo Dockyard, a unit of Hyundai Heavy Industries, has received two orders valued at KRW 570 billion ($602 million) to build eight vessels, including four petrochemicals carriers.

German-based Beluga Shipping GmbH says fuel savings achieved by using a kite propulsion system during its first ever commercial voyage are in line with expectations, and that it anticipates increased efficiencies in…

Major container shipping lines that are embarking on slow steaming schemes to cut fuel cost have come up against obstacles preventing them from reaping the full benefits. Several major container shipping lines…

An undisclosed Norwegian owner has become the first shipowner to use BIMCO?s newly launched global shipbuilding contract, which is believed to have been signed this month with a Chinese yard. Under the…

Hyundai Heavy Industries (HHI) has clinched a $1.6 billion deal to build an oil platform in Nigeria. The deal with Elf Petroleum Nigeria Ltd., a subsidiary of France-based Total SA, calls on…

Höegh LNG and CB&I Lummus have concluded a strategic and exclusive agreement for the next phase of Höegh LNG's FPSO project. The agreement formally ties the parties for a period of 2…