Sweden's Furetank Rederi AB has signed a contract for one 17,999 dwt dual fuel product tanker at Avic Dingheng Shipbuilding.The agreement with the yard includes an option for one further vessel, said a press release from the provider of marine transportation services through product and chemical tankers.
Dutch shipbuilder Ferus Smit successfully launched ‘Arklow Wind’ at the Ferus Smit yard in Leer."M.V. Arklow Wind is the second vessel in a series of 4 that will be delivered to our client from the city of Arklow, Ireland," said a press release.By design, Arklow Wind (which will sail under the Irish Flag) is an enlarged version of the 8500 DWT ships that we have delivered to Arklow Shipping in
SunStone Ships continues to break new ground in the specialty/expedtion cruise sector with the announcement of the signing of an agreement to build another two Infiity class vessels in China. According to SunStone President and CEO, Niels-Erik Lund, “Our charterers are anxious to enjoy the advantages of our cutting-edge technology, like the Xbow design
Miami-based SunStone Ships has declared option number two at CMHI shipyard after signing a long-term charter contract with Victory Cruise Line for the vessel, with a total of three newbuilds now under construction at the Chinese yard.A press release from the manager of passenger ships across the globe said that it originally placed one firm contract and nine options on Ulstein deliveries of
On November 3 the Stena Imperial reported a suspected pirate approach while on northbound passage through the Red Sea west of Yemen on her way from Far East to Rotterdam for discharge.Two suspicious skiffs were found approaching Stena Imperial from the port side at a distance of 1.5 nautical miles. The alarm was raised and the Master and the on board security team mustered on the bridge.
U.S. based SunStone Ships has exercised an option to order a second expedition cruise vessel to be built in China and scheduled for delivery in August 2020.The new order comes under a design and equipment contract SunStone signed with Ulstein Design & Solutions AS in 2017 that included options for up to nine X-BOW expedition cruise vessels.
The ZEABORN Group announced it has combined its two recently acquired Hamburg-based ship management companies to form one global brand, ZEABORN Ship Management GmbH & Cie. KG.Bremen-based ZEABORN Group has brought together Rickmers Shipmanagement, which was acquired by ZEABORN in September 2017, and E.R. Schiffahrt, acquired in February 2018.
Over the last six months, Stena Bulk has expanded its fleet in the Sonangol Suezmax pool with the addition of six Suezmax tankers: SKS Skeena, Istanbul, Almi Galaxy, Almi Voyager and Almi Sky. The TC in fleet consists of modern tonnage of varying length and with different options.“In what has generally speaking been a stable low market
Talk of trade wars and politics aside, attention should be paid to a growing relationship between U.S.-based SunStone Ships, Inc. and Chinese shipyard China Merchants Heavy Industries in Haimen, China, as the pair is quietly growing a cruise shipbuilding business in China. Sunstone announced that on June 12, 2018, the keel was laid for the first Infinity Class vessel Greg Mortimer
U.S. based power transmission technology and equipment manufacturer Twin Disc, Inc. announced it has entered into a definitive agreement to acquire the Netherlands based marine propulsion products supplier Veth Propulsion Holding, B.V. and its wholly-owned subsidiaries.Twin Disc said the purchase price is approximately $58.
SunStone Ships, Inc. announced it has finalized an agreement with shipbuilder China Merchants Industry Holdings Co. Ltd. to build a third Infinity class expedition cruise vessel, to be named Ocean Victory. The newbuild is scheduled to be delivered in March 2021.SunStone’s President & CEO, Niels-Erik Lund, commented, “We are pleased with the rapid adoption of the Infinity-class vessels.
The shipping industry will this year scrap the largest number of oil tankers in over half-a-decade, driven by weak earnings, firm prices for scrap steel and the need to prepare fleets for strict new environmental regulations.The surge in scrapping underscores how the sector is grappling with one of its worst-ever crises