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  • GALLERY: Damen Revamps Astor and Marco Polo

    Damen Shiprepair Vlissingen (DSV) has completed refurbishment of cruise ships Astor and Marco Polo, both operated by Cruise & Maritime Voyages.The vessels have been at DSV for a wide-ranging programme of work, scheduled and unscheduled, Damen said. Astor, featuring passenger capacity of just over 600 travellers, arrived at DSV on 17 October. Whilst in port she underwent a D...

  • Bulker Demand Prevalent in Newbuilding Market

    The newbuilding market saw four orders for 208k Newcastlemax at New Yangzijiang placed last week by German shipping company H.Vogemann, Clarkson reported in its Hellas Weekly S&P Bulletin.The first two vessels are slated for delivery in the end of 2016, with the remaining two scheduled for the first half of 2017.The order is said to be worth up to USD 56.5 mill per vessel.According to Clarkson...

  • Nine More Shipyards Made It to China’s White List

    Nine more shipbuilders have been added to China’s “White List” of shipyards that will enjoy financial support from the state in the forthcoming period, as informed by the country’s Ministry of Industry and Information on Wednesday.This is the second batch of shipyards that made it to the list of shipbuilding companies which are eligible for restructuring within China’s reform of the sector aimed a...

  • Sovcomflot Names Third STX Newbuild

    Russian shipping company Sovcomflot held a naming ceremony for the LNG carrier SCF Melampus, the third tanker in a series of vessels to be built under a partnership agreement between Sovcomflot and the South Korean shipyard STX Offshore & Shipbuilding.The first two tankers of the series, Velikiy Novgorod and Pskov, have already been put into operation on long-term contracts with Gazprom.T...

  • Neste Oil to Outsource Its Ship Management Functions to OSM

      Neste Oil and Norwegian-based OSM Group AS have agreed on a business transfer under which Neste Oil will transfer the ship management functions of Neste Shipping to OSM.  OSM is a global provider of offshore and ship management services. The outsourcing of ship management functions is part of Neste Oil’s plan to exit the shipping business announced on 19 September 2013.  Under the agreem...

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