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HHIC Phil Adds Four Tankers to Its Orderbook

Hanjin Heavy Industries and Construction Philippines (HHIC Phil) has reportedly received an order to built four tankers. According to data provided by Asiasis, Turkey-based company Çukurova Holding placed the order for the 113,000 dwt units, which will feature IMO Tier-III specifications. Çukurova Holding is allegedly paying up to USD 45 million per ship, the… Read more »

IUMI Worried over Containership Fires and Mis-Declared Cargoes

Containership fires and the increasing occurrence of mis-declared cargoes is a worrying trend for marine insurers,  as pointed out by Sean Dalton, the International Union of Marine Insurance (IUMI) Cargo Committee Chair. “Thefire onboard Maersk Honam, which tragically killed five crew members, is the most recent example of this issue and… Read more »

TGE Marine Inks Deal for Tema LNG’s Small-Scale FSRU

Germany’s construction engineering company TGE Marine Gas Engineering has inked a supply contract for one of the world’s first small-scale floating storage and regasification units (FSRUs). Under the deal signed with Chinese Jiangnan Shipyard at the end of July, TGE Marine will design and supply the cargo handling system and tank material… Read more »

Two Newbuilds Join COSCO Shipping Tanker (Dalian)

COSCO Shipping Tanker (Dalian), a tanker shipping branch of China COSCO Shipping, has taken delivery of two newbuilds this week. On September 17, the 72,000 dwt Mt Lian Shan Hu was delivered and christened at the terminal of Dalian Shipbuilding Industry. The vessel is the fourth in the series of wide-body,… Read more »

Yang Ming Adds New 14,000 TEU Boxship to Its Fleet

Japan-based Imabari Shipbuilding held a naming ceremony for the new 14,000 TEU container vessel YM Wellbeing on September 18, 2018. The vessel is the first from the batch of five boxships Taiwan’s shipping firm Yang Ming Marine chartered from Shoei Kisen Kaisha, the shipowning arm of Imabari. The cotainership giant is the… Read more »