September 10th, 20193The US Coast Guard and salvage crews have rescued the four remaining crew members from car carrier , which capsized in St. Simons Sound near Port of Brunswick, Georgia, on Sunday. A salvage team was deployed to the vessel yesterday morning and by 1pm local time it was confirmed the four men, believed to have been in the engine room...
September 10th, 20190South Korea’s top three shipbuilders stand accused of failing to pay their subcontractors properly. The Fair Trade Commission in Seoul has launched probes into Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering (DSME) over their alleged failures to pay subcontractors between 2016 and...
September 9th, 20190Traffic at the Port of Brunswick was suspended yesterday as authorities raced to rescue crew from the 2017-built 7,700 ceu car carrier which was listing heavily and had caught fire in St Simons Sound, Georgia. Authorities were notified of an incident involving the vessel around 2am Sunday morning local time. The vessel had departed...
September 9th, 20190South Korean owner H-Line has placed an order at domestic yard Hyundai Samho Heavy Industries for the construction of a 174,000 cu m LNG carrier. According to Hyundai Samho, delivery of the ship is scheduled by the end of 2021. Total value of the order is KRW228bn ($191m). H-Line currently owns a fleet of 36 bulk carriers and three...
September 6th, 20190Mizuho Sangyo has found a taker for one of its two newcastlemaxes it put in the shop window last week. Splash reported last week that the 203,000 dwt and a sister ship, Azul Integra, were for sale, with the Azul Challenge inviting offers while the second ship is open for inspection soon. Now sources tell Splash that the $16m winning...
September 4th, 20190South Korean company Hyunsung MCT has placed its debut ship order at domestic yard Daehan Shipbuilding for the construction of an LPG-fuelled passenger/car ferry. According to shipbroking sources, the 20,000 gt, 930-passenger ropax will be delivered in January 2021 and is expected to be the world's first LPG-fuelled ropax...
August 29th, 20190Commodity trading giant Trafigura has placed an order at South Korean yard Hyundai Heavy Industry (HHI) for the construction of two LPG-fuelled VLGCs. According to Korean financial media Maeil, Trafigura had been negotiating with HHI for the order since earlier this year and has finally made the decision to order the two 84,000 cu m...
August 27th, 20190South Korea ship investment firm Kmarin (Kukje Maritime) has placed orders at two Chinese yards for a further four 325,000 dwt guaibamax bulk carriers for long-term charter to Brazilian miner Vale. The company has ordered two vessels at Yangzijiang Shipbuilding and the other two at Qingdao Beihai Shipbuilding. Deliveries of the...
August 23rd, 20190South Korean shipbuilding group STX Offshore & Shipbuilding has secured refund guarantees from Korea Development Bank (KDB) for up to four product tankers ordered by Greek owner Victor Restis-controlled Golden Energy Management. The delivery of the four 50,000 dwt ships, include firm orders for two and options for additional two,...
August 22nd, 20193Maran Gas Maritime, a unit of Greek owner Angelicoussis Shipping Group, has placed an order at South Korean yard DSME for the construction of one 173,400 cu m LNG carrier. The latest order adds to the company's current orderbook of 13 LNG carriers at DSME. According to DSME, the ship will be delivered by the fourth quarter of 2021....
