shipyard and offshore
ABS grants AIP to Deltamarin and GTT for dual-fuel Newcastlemax design
Shanghai - Design aims to maximize capacity with aft-mounted membrane fuel tank
cruise and ferries
Virgin’s “Scarlet Lady” completes sea trials
Genova - “Scarlet Lady”,the first Virgin Voyages’ cruise ship under construction at the Fincantier-Sestri Ponente shipyard, has successfully completed sea trials carried out in recent weeks. This is a fundamental step in the construction of a ship
markets
CME to launch LNG freight futures as demand risks rises
London - Exchange operator CME Group said on Tuesday it would be the first futures exchange to launch trading of three liquefied natural gas (LNG) freight futures contracts on Dec. 23
shipyard and offshore
Megayachts: Amico shipyard presents the new shiplift
Genoa - The shiplift is a submersible platform that allows the maxi yacht to be lifted from the water and moved to the ground in the yard with a system of trolleys on rails and completed by 5 workstations.
shipping
Samsung Heavy’s losses widen
Seoul - Samsung Heavy Industries Co., a major shipbuilder in South Korea, said its net losses widened significantly in the third quarter due to one-off costs
shipyard and offshore
For Pakistan two new warships from China
Islamabad - The steel cutting ceremony of two warships being built for Pakistan Navy in China was held at Hudong Zhonghua (HZ) Shipyard on Saturday, says to a press released by the Pakistan Navy’s Directorate General Public Relations. The two warships are the Type 054 A/P frigates
shipyard and offshore
In South Korea’s deadly shipyards / REPORTAGE
Geoje - Park Chol-hee was working a holiday shift at Samsung Heavy Industries’Geoje shipyard on Labor Day in 2017 when a giant crane collided with another and crashed to ground, killing six people, including Park’s younger brother
shipyard and offshore
Magnolia award scooped by Fincantieri chief
Shanghai - Fabrizio Ferri, CEO of the Chinese branch of Fincantieri in Shanghai, has won the Magnolia Silver Award for his contributions to the city’s booming cruise liner industry. Fincantieri and China State Shipbuilding Corporation joined forces to build the first big cruise ship in China dedicated to Chinese passengers
shipyard and offshore
LNG carrier market struggles to keep up with liquefaction capacity buildout
Ho Chi Minh - A typical modern LNG ship is approximately 300 meters long, 43 meters wide and has a draft of about 12 meters, according to The International Group of Liquified Natural Gas Exporters (GIIGNL)
finance and politics
French minister hopes for closer ties with new Italy government
Cernobbio - With the arrival of a new government in Rome, France and Italy have a unique chance to strengthen their ties through joint projects and closer cooperation on European matters, French Finance Minister Bruno Le Maire said on Saturday.
shipyard and offshore
Record year for Austal with profit up 64%
Henderson - Global shipbuilder Austal has entered the new fiscal year with a $4.9 billion order book, up from $3 billion last year, with 58 vessels under construction or scheduled. Austal chief executive David Singleton called it the aluminium shipbuilder’s best year ever
shipyard and offshore
Fincantieri launches “Silver Moon” in Ancona
Trieste - The launching ceremony of “Silver Moon”, the second of three new ultra-luxury cruise ships that Fincantieri is building for Silversea Cruises took place yesterday at the Ancona yard. The vessel will enter the ship owner’s fleet in 2020
yachting
Amico’s “largest ship lift”
Genoa -The off-ramp for the largest “yacht elevator” in the Mediterranean has been completed, works should be finished by October.
shipping
Boskalis’s results tainted by offshore projects
Rotterdam - Dutch dredging and heavylift company Boskalis has reported a significant decline in its operating result in the first half of 2019. The half-year results are burdened by offshore projects
shipyard and offshore
SHI to win orders for 10 LNG-fueled vessels
Seoul - These vessels will be delivered by January 2022.
markets
Kawasaki set to trial Australian hydrogen exports in 2020
Melbourne - Japan’s Kawasaki Heavy Industries on Friday began building facilities in Australia to liquefy and ship hydrogen, aiming to start exporting the fuel in a trial in the second half of 2020
shipyard and offshore
Intermarine delivers UNPAV “Cabrini” to Italian Navy
La Spezia - Intermarine, a subsidiary of the industrial group IMMSI, announces that it has been delivered to the Italian Navy an UNPAV unit (High Speed Multi-Purpose Vessel), called “Angelo Cabrini”. The ship, delivered in line with the timing of the schedule is the first of a wide multiple order consisting of two units
shipyard and offshore
New Saudi ships to be built in South Korea
Seoul - Saudi Arabian tanker giant Bahri is set to order very large crude oil carriers (VLCCs) from a large-scale shipyard being developed in the King Salman Complex by International Maritime Industries (IMI) at Ras Al-Khair, with the vessels being built at the dockyard of Hyundai Heavy Industries (HHI) in South Korea
shipyard and offshore
Negative spiral on shipbreaking / ANALYSIS
Dubai - The ongoing (and seemingly unending) decline being witnessed in the sub-continent markets showed no signs of slowing this week, with some truly pitiful performances seen from all locations. An analysis by GMS
shipyard and offshore
Turkey boasts vessel exports
Istanbul - Data compiled from the Transport and Infrastructure Ministry reveal that Turkey has taken significant, eye-catching steps in maritime transport, a strategic sector for global trade. One of the important initiatives was the revival of maritime transport with the removal of excise duty