Jianglong Shipbuilding Co. Ltd. signed a shipbuilding contract worth $27.8 milliion with H Ferry Co. Ltd. No additional details on the contract were readily available.Jianglong was established in 2003, and had two construction bases covering an area of...
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China Ramps Up LSFO Production 30%, backing Bunker Fuel Hub Ambitions
China more than halved the volume of export quotas for refined fuel, predominantly gasoline, diesel and aviation fuel, under the first allotment for 2022, while raising the allowances for low-sulphur fuel oil by 30%, industry sources said on Tuesday.Th...
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Navtor to Acquire Ingenium Marine
Navtor has inked a deal to acquire Ingenium Marine, a transaction subject to execution of definitive agreements. Once completed, Ingenium will become a fully integrated Navtor company and continue to operate from Mumbai, India, and Navtor will…
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Wärtsilä Tech tapped for 12 LNG-fuelled Container Ships
Wärtsilä was selected to supply a broad scope of solutions for new LNG-fuelled container ships ordered by CMA CGM, on its latest series comprises 12 container vessels to be built in China. Six 13,000 TEU container vessels are being built at the Hudong-...
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Pizzaro Joins Britannia P&I
Britannia P&I and its Exclusive Correspondent in the US, B Americas P&I, announce the recruitment of Marcela Pizzaro. She joined B Americas P&I on 3 January 2022.Pizzaro worked for many years at one of the major international container lines…
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Diverse Marine to Build New Vessel for Caister Volunteer Lifeboat Service
Caister Volunteer Lifeboat Service Ltd. announced it has signed a new vessel construction agreement with shipbuilder Diverse Marine for a first of class 14-meter Medina Class Lifeboat. The vessel has commenced build and will be delivered in…
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Construction Begins at DP World’s $1.1 Billion Port in Senegal
Senegal President Macky Sall on Monday laid the foundation stone for the construction of a $1.13 billion deep-water port being developed by Dubai's state-owned port operator DP World at Ndayane, around 50 km (31 miles) south of the capital Dakar.DP Wor...
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New JV Stevedoring Company Handles First Box in Savannah
On Monday at the Port of Savannah, representatives from Gateway Terminals, the International Longshoremen’s Association and the Georgia Ports Authority joined to mark the first container moved under the direction of Gateway, a new joint venture…
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Alabama Shipyard Wins Contract for Hospital Ship Overhaul
Alabama Shipyard has secured a nearly $26 million contract for the regular overhaul and dry-docking of Military Sealift Command’s (MSC) hospital ship USNS Comfort (T-AH 20), the U.S. Department of Defense announced.The $25,964,083 firm-fixed…
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After a Raucous 2021, Ship Recycling Market starts 2022 Calmly
With markets down, a quieter festive period has ensued with no fresh (market or otherwise) sales having reportedly taken place and a calmer period of consolidation transpired in the last week of 2021, as the industry reflects on an extraordinary…
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