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V-Bunkers Orders Pair of Electric-Hybrid Bunker Tankers

V-Bunkers placed an order to build two electric-hybrid bunker tankers. Photo courtesy Vitol.

Vitol’s Singaporean bunker operations company, V-Bunkers, placed an order to build two electric-hybrid bunker tankers, with the intention to deploy them for harbor ops in Singapore.The bunker tankers are being built at an undisclosed shipyard in China with Electric-Hybrid notation and will employ

MOL Orders Four LNG Carriers for NOVATEK Charter

(Photo: MOL)

Mitsui O.S.K. Lines (MOL) on Tuesday announced it has ordered four new liquefied natural gas (LNG) carriers from South Korea's Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) for delivery in 2024.The Japanese shipping company said it has signed time charter contracts for the four newbuilds with NOVATEK Gas & Power Asia Pte.

Evergreen Marine Renews LTSSP Contract with Kongsberg Digital

With the support program, Evergreen Marine Corporation will get an extensive simulator suite upgrade which, among others, includes K-Sim Engine simulators fully equipped for high quality training of marine engineers (Photo: Kongsberg Digital)

Kongsberg Digital (KDI) announced that its long-term system support program (LTSSP) contract with the Evergreen Marine Corporation has been renewed for another 10 years.The Taiwanese shipping company, one of the largest of its kind in the world, has used KONGSBERG simulators for crew training for over 20 years,

US Navy Awards Shipyard Modernization Contract

FILE PHOTO: USS Nimitz (CVN 68) at Puget Sound Naval Shipyard & Intermediate Maintenance Facility in Bremerton, Wash. (Photo: Thiep Van Nguyen II / PSNS & IMF)

The U.S. Navy has awarded a $500-million design contract for the modernization of two of its shipyards in Hawaii and Washington.The indefinite-delivery/indefinite-quantity architecture-engineering contract awarded to Honolulu, Hawaii-based WSM Pacific SIOP by Naval Facilities Engineering Systems Command

Castor Maritime Announces New Charter Agreements

© Max Wei /

Shipping company Castor Maritime on Monday announced a trio of new time charter agreements.The Magic Nebula, a 2010 built Kamsarmax dry bulk carrier, has been fixed on a time charter contract at a gross daily charter rate of $31,750. The charter commenced on September 4, 2021, and has a minimum duration

Argentina Inks Short-term Deal with Parana River Dredger

© Yio / Adobe Stock

Argentina's government has agreed a short-term deal with Belgian firm Jan de Nul to dredge the Parana River, a government source said on Friday, a move that should ease industry concerns in the near-term over navigability of the critical grains waterway.Exporters had grown worried about a lack of

GTT Wins Tank Design Orders for Two LNG Carriers

GTT announced it has received, at the end of July, an order from Korean shipyard Hyundai Samho Heavy Industries (HSHI) for the tank design of two new liquefied natural gas (LNG) carriers on behalf of an European shipowner. The vessels will be delivered in the first quarter of 2024.GTT will design the tanks of the vessels,

Fednav Orders 10 Bulk Carriers from Oshima


Canadian dry-bulk shipping company Fednav Limited on Thursday announced it has signed an agreement with Sumisho Marine Co., Ltd. (Sumitomo Corporation Group) and Oshima Shipbuilding to build 10 new oceangoing lakers. The ships will be built at Oshima shipyard in Japan, with the first vessel expected to be delivered in mid-2023.

GTT Wins First LNG Tank Design Order from Jiangnan

GTT announced it received in July an order from the Chinese Jiangnan Shipyard (Group) Co., Ltd. for the cargo handling system and tank design of a liquefied natural gas (LNG) carrier on behalf of the Chinese ship-owner JOVO.This is GTT’s first order for a membrane LNG carrier from Jiangnan, making

2021: The Year of the Containership

© hit1912/AdobeStock

What’s not to like about 2021 for container shipping? Freight rates are record high, record amounts of cargo are shipped across the Pacific Ocean, as well as globally, and the previous yearly record for new container ship orders has just been broken (measured in capacity) in less than eight months.As

Suez Canal Authority Adds Two More Tugs

(Photo: Svitzer)

Maersk's towage arm Svitzer announced it has extended its current contract with the Suez Canal Authority (SCA) to include two additional tugs amid increasing traffic volumes.The two tugs are +70 tonnes bollard pull newbuilds delivered from the Cheoy Lee Shipyard in China and will be manned by all Egyptian crews.

Fincantieri Marine Systems Receives Award for LCS Maintenance

USS Indianapolis (LCS 17) (Photo: Lockheed Martin)

The U.S. Navy announced Friday, August 13, 2021 that Fincantieri Marine Systems North America has been awarded a multiple award contract (MAC I) to support sustainment efforts for Littoral Combat Ships (LCS) homeported in Mayport, Fla.“We are excited about the opportunity to service, repair, and modernize Freedom variant LCS”,

Finnish Border Guard Orders Two New Vessels

(Photo: Meyer Turku)

Finnish shipbuilder Meyer Turku said it has been chosen by the Finnish Border Guard to build its new multipurpose vessels.The parties signed a letter of intent for the construction of two new vessels to replace three decommissioned patrol vessels as part of the Finnish Border Guard's Vessel Ship 2025 project.

Fairplay Towage Order Ice-class Workboat from Damen

(Image: Damen)

Fairplay Towage Polska has ordered a Shoalbuster 2711 ICE vessel from the standardized workboat portfolio of the Netherlands-based Damen Shipyards Group. The company will use the newbuild to perform Designed with extremely shallow draft capability, large cargo capacity and 45 tonne bollard pull, the

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