BIMCO: Greek Owners Invest Most in Newbuildings

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, according to new data released today by the international shipping association BIMCO. Since 2010, newbuild contracts made by owners in Greece have totaled USD 51 billion, consistently dwarfing the likes of Norway and China as … [Read more...]

d’Amico To Build Four Chemical Tankers

Luxembourg – October 24th, 2013 – d’Amico International Shipping S.A. (Borsa Italiana: DIS), an international marine transportation company, operating in the product tanker market, announced that its operating subsidiary d’Amico Tankers Limited (Ireland) has entered today in a shipbuilding contract for the purchase of four (4) additional product chemical … [Read more...]

Seadrill Books First Gig for Newbuild Drillship, West Neptune

Deepwater drilling company Seadrill said Tuesday that it has signed a contract with LLOG Bluewater Holdings, LLC, for the employment of their newbuild drillship, West Neptune, offshore Gulf of Mexico. The $662 million contract will span a minimum of three years of operation, plus an option for a one-year extension. "We are delighted to have signed our first contract with … [Read more...]

Capital Shipmanagement’s First Boxship Newbuildings Arrive from Hyundai Heavy

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 sees Capital expand its operations into the container sector Capital Shipmanagement has marked the delivery of their new containerships, Alexandros (on charter as Hyundai Prestige) and Aristotelis (on charter as Hyundai … [Read more...]