newbuildings

Newbuild Full Year Review

Newbuild Full Year Review

Using VesselsValue data, George Delaney, Cargo Analyst, has highlighted the various factors that influenced the Newbuild market of 2021, including movement restrictions during lockdown, geopolitical uncertainty and the ongoing shift towards greener shipping. This article looks at the impact of Covid-19 on global vessel orderbooks, and how the everchanging landscape of trade and consumerism will shape the future for Newbuilds.

1,286 vessels were added to the orderbook...

https://allaboutshipping.co.uk/2022/02/28/newbuild-full-year-review/

Heavy-lift operator AAL buys two ships and plans to build four more

Pictured: a fully-laden heavy lift / multi-purpose ship operated by AAL. Photo supplied by AAL.

Specialist heavy lift project carrier, AAL Shipping (AAL) has bought two 33,000 deadweight heavy lift ships and has given an update on its newbuilding plans.

The two newly-bought vessels are, the ‘AAL Mars’ and the ‘AAL Merkur’. The vessels have been serving within AAL’s operating fleet worldwide on a commercial management basis.

AAL has also given an update on the progress of its ‘third-generation’...

https://www.shippingaustralia.com.au/heavy-lift-operator-aal-buys-two-ships-and-plans-to-build-four-more/

Iran allocates over $857 million for maritime reform plan

Iran’s Ports and Maritime Organization (PMO) has allocated 36 trillion rials (=$857.2 million) of its budget resources for a program to develop the country’s maritime industry, including the construction of 83 vessels, the head of PMO informed.

Speaking in the 27th conference of coordination among the country’s maritime bodies in Tehran, Mohammad Rastad noted that PMO has taken significant measures regarding the improvement of the country’s maritime industry.

The maritime industry transformation...

https://safety4sea.com/iran-allocates-over-857-million-for-maritime-reform-plan/

Nauticor, Fassmer join forces for LNG newbuilding, retrofitting projects

Nauticor, Germany-based LNG supplier, entered into a cooperation with manufacturer of special purpose vessels Fr. Fassmer, in newbuilding and retrofitting projects for ships with LNG engines.

The two partners aim to generate synergy effects for the commissioning of newbuild or retrofitted vessels, which have been equipped with LNG engines and the respective system components.

The first project implemented by the collaboration, was the commissioning and initial LNG bunkering of the research vessel...

https://safety4sea.com/nauticor-fassmer-join-forces-for-lng-newbuilding-retrofitting-projects/

Carnival Panorama passes sea trials in Adriatic Sea

Carnival Cruise Line announced that its newest ship, ‘Carnival Panorama’, successfully completed sea trials in the Adriatic Sea earlier this week, in anticipation of its inaugural cruise from Long Beach, on 11 December 2019.

Carnival Panorama has become the line’s first new ship on the West Coast in 20 years, the company said.

Being in the final stages of construction at the Fincantieri shipyard in Marghera, Italy, Carnival Panorama had all of its technical, mechanical and navigation systems...

https://safety4sea.com/carnival-panorama-passes-sea-trials-in-adriatic-sea/

Per Westling, Managing Director, Stena RoRo

In episode 111 we meet Per Westling, Managing Director, Stena RoRo, who is passionate about naval architecture but he has gained a lot of knowledge during his time at Stena.

Stena Roro is building GLOBAL MERCY for Mercy Ships and that will be the world’s largest hospital ship, which will be serving in African waters. Per explains how they decided to build the ship in China and how many more passenger ships that they are building at the same shipyard now.

When asked what he sees as the largest...

https://shippingpodcast.com/per-westling-managing-director-stena-roro/

Uljanik sees another cancelled newbuilding order

Croatian shipbuilder Uljanik saw another cancelled newbuilding order, involving the construction of a livestock carrier by an owner in Kuwait.

According to data provided by local media, Livestock Transport & Trading Co. terminated the existing contract because the vessel could not be delivered in line with the terms defined by the current contract.

This happens as the shipyard has been in financial trouble for months and workers are on a strike over ILO breaches, as they have not received their...

https://safety4sea.com/uljanik-sees-another-cancelled-newbuilding-order/

CMA CGM splits orders between LNG and scrubbers

In line with CMA CGM’s earlier announcement that it would opt for both LNG and scrubbers to achieve compliance with 2020 sulphur cap, the French shipping company has now set its newbuilding orders, split between the two options.

Last week, CMA CGM put an order at China State Shipbuilding Corporation (CSSC) for ten 15,500 TEU vessels, five of which have been reported at Jiangnan with 10,000 cbm LNG tanks and the other five with scrubbers fitted, according to data provided by Fearnleys Weekly...

https://safety4sea.com/cma-cgm-splits-orders-between-lng-and-scrubbers/

VesselsValue: Which ship types dominate buying opportunities in 2019

Containers and LPG tankers are expected to be the market winners for the coming year, although the overall outlook for shipping asset prices remains bright, VesselsValue said in its latest forecast on shipping market for Q1 2019 to Q1 2020, presenting some of the reasons why it believes some ships are more likely to appreciate.

Container ships

  • Container ships have dominated the buying opportunities over the past several quarters, and many have taken advantage of this trend to make carefully...

https://safety4sea.com/vesselsvalue-which-ship-types-dominate-buying-opportunities-in-2019/

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