newbuild

By Sharon Cho and Alex Longley Feb 24, 2024(Bloomberg) –Longstanding warnings from the oil tanker industry that too few of the ships are being built

Crude oil tanker owners’ shares are up today on news that increasing newbuild rates are driving up the value of existing fleets and could prevent the

Seaspan today announced that ZIM Integrated Shipping Services (ZIM) has exercised its option to enter into long-term charters of five 7,000 TEU dual-fuel

by John Konrad (gCaptain) Shares of Navios Maritime Partners $NMM fell 7.5% this morning after the company announced a six-ship order for mid-sized

How big is too big? By Kyunghee Park (Bloomberg) A huge container ship blocking one of the world’s busiest waterways has done little to deter shipping

We are not sure what the Transocean Conqueror plans on conquering besides a ‘worst ship name ever’ competition but the latest drillship of the

Greek ship owners are not only the most active nation when it comes to sales and purchases, they are also investing the most in newbuilding contracts,

Luxembourg – October 24th, 2013 – d’Amico International Shipping S.A. (Borsa Italiana: DIS), an international marine transportation company,

The $662 million contract will span a minimum of three years, plus an option for a one-year

LR-classed Alexandros and Aristotelis are the first of five new 5,000 teu super-efficient new ships, all to be delivered from HHI Gunsan by June 2013, that

Greece-based Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, revealed plans Wednesday to delay

So what else would you call a badass drilling rig but Dragonquest?  That was the first thing that came to my mind. Houston-headquarted Vantage Drilling

MONACO – Scorpio Tankers Inc. (NYSE: STNG) announced that it has  signed a contract with South Korea’s Hyundai Mipo Dockyard Co. (HMD) to

GENEVA (Dow Jones)–The newbuild delivery of panamax vessels is expected to continue well into 2013, keeping a lid on sea-borne freight rates, Tom Cutler,

Mitsubishi Heavy Industries said today it has agreed to build two new-generation liquefied natural gas (LNG) carriers to be jointly owned by Osaka Gas Co.,

Harvey Gulf International has awarded a contract to Wärtsilä to supply liquified natural gas propulsion equipment for two of Harvey Gulf’s newbuild

Seadrill announced today that it has secured contracts for two of the companies newbuild ultra-deepwater semi-submersibles currently under construction in

BBC Chartering says it has taken delivery of its new heavy lift vessel, BBC Amber, from Jinagzhou Shipyard in China.  The delivery marks the third newbuild

Noble Corporation said today that it has exercised its option with Hyundai Heavy Industries for the construction of an additional ultra-deepwater drillship,

Houston based GulfMark Offshore says it will be building at least three new PSV’s as part of a vessel construction program initiated today.  The program