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....
August 16th, 20192Vancouver-based methanol shipping specialist Waterfront Shipping and Swedish shipowner Marinvest today held a naming ceremony for two landmark chemical tankers at Hyundai Mipo Dockyard in South Korea. The two 49,000 dwt ships, named Mari Couva and Mari Kokako, are equipped with dual fuel engines that are capable of running on...
August 9th, 20191The families of the crew who last their lives on the converted ore carrier Stella Daisy two-and-a-half years ago have voiced their huge disappointment that just 7% of the data on the retrieved voyage data recorder (VDR) has been decipherable. The rest has been deemed damage beyond repair. As the Polaris Shipping ship actually contained a...
August 6th, 20190South Korean owner KSS Shipping has announced that it has placed an order at Hyundai Heavy Industries (HHI) for the construction of two 84,000 cu m VLGCs. The two scrubber-fitted ships, which will be delivered in the first half of 2021, will be chartered to Turkish energy firm BGN under a five-year charter contract, which includes a...
July 30th, 20190South Korea’s Dae Sun Shipbuilding has branched out into LPG vessel construction. Local energy firm GS Caltex has ordered a small LPG carrier at the yard, a first for Dae Sun. The 3,500 cu m ship will deliver in February 2021. No price has been revealed for this order. Dae Sun is best known for its 50,000 dwt MR tankers as well as...
July 30th, 20190Samsung Heavy Industries has developed a lithium-ion battery power system for ships. The system, jointly developed with local battery manufacturer Samsung SDI, has won type approval from classification society DVL-GL. The lithium-ion battery system is designed to control power generators on ships of all sizes. The South Korea...
July 23rd, 20190The fractious relationship between management and workers at the world’s largest shipbuilder is set to take another turn for the worse. Hyundai Heavy Industries (HHI) said today it will file a suit for damages this week against its labour union over disruptive action at the company’s shareholders' meeting in May and what it claims...
July 22nd, 20190A South Korean bulk carrier was attacked by pirates near the Singapore Strait on Monday, Yonhap News Agency reports. Seven armed pirates on a speedboat attacked the 2011-built, 81,100 dwt panamax bulker before dawn this morning around 100 miles from the entrance of the Singapore Strait, and took $13,000 cash along with other personal...
July 16th, 20190Korea Maritime Transport Co (KMTC) has sold a 21-year-old feeder ship for scrap that was involved in a spectacular fire while calling at Laem Chabang port in Thailand on May 25. Best Oasis is understood to have paid $425 per ldt for the fire ravaged 1,585 teu , in a deal that also comes with 390 tonnes of bunkers. The fire,...
July 15th, 20190Equinor, Korea National Oil Corporation (KNOC) and the Korean power company Korea East-West Power (EWP) have formed a consortium to develop floating offshore wind project Donghae 1, off Ulsan in South Korea. The consortium is currently launching the development of a 200MW floating wind farm near the KNOC-operated Donghae natural gas...
