According to the Bremen Institute of Shipping Economics and Logistics (ISL), 99 per cent of global orders for new merchant ships measured in CGT (Compensated Gross Tons) went to shipyards in Asia in the first six months of the current year. The majority of the approximately 600 newbuilding orders, totalling 21 million CGT,...

China's merchant fleet is not only growing with container ships, but also increasingly in specialised segments. The Chinese company Guangzhou Salvage, for example, has strengthened its fleet with the semi-submersible newbuilding "Hua Rui Long" built by the shipyard China Merchants Heavy Industry (CMHI) in Haimen. Equipped with DP2 technology for dynamic positioning, the 252 metre long semi-submersible...

Following the federal government's refusal to financially support Hamburg's plans for a floating LNG terminal (FSRU), these appear to have been finally abandoned. The reasons given for the decision in the Hanseatic city are that, on the one hand, extensive dredging work would have been necessary at the planned berth in the Moorburg district and, on the other hand, that...

In view of record order backlogs and the container ship deliveries expected between 2023 and 2025, the industry service Alphaliner has warned of possible overcapacity for the first time. For example, the usual peak season for container shipping in the third quarter of each year only had a much weaker impact in 2022, as was the case in the previous year. Alphaliner reports that...

For years, Finland's shipyards have done very good business building high-quality ships for Russia. This is now coming to an end. Helsinki Shipyard has announced that the Finnish Ministry of Foreign Affairs has refused an export licence for the delivery of a large icebreaker to a Russian customer. It would have been the largest and most powerful icebreaker ever...

Following the commissioning of the 13,300 TEU capacity "Rio de Janeiro Express", the first of the first of six sister ships, and the keel laying of the later "Hamburg Express" with a capacity of 23,000 TEU as the first ship in a series of twelve, the Hamburg-based container liner shipping company Hapag-Lloyd has now presented the trade world with a clearly...

The Hamburg-based shipping company SAL Heavy Lift and its Dutch partner Jumbo Shipping have ordered four heavy-lift vessels of the new "Orca" class from the Chinese Wuhu shipyard and have secured an option to build two more units. The design of this new innovative ship class was developed by SAL Heavy Lift in close co-operation with...

The fact that yacht owners are not only the hunted, as Russia's oligarchs recently had to experience, but are also exposed to criticism of their use of resources despite all the admiration for the floating luxury palaces, has brought the industry onto the scene. And so the globally active shipbuilder Lürssen and its supplier Rolls-Royce have decided in favour of...

German Naval Yards in Kiel and the Cuxhaven-based start-up Leviathan have signed a letter of intent to establish a "powerhouse" for environmentally friendly ship recycling. The aim is to join forces in order to become the "engine of green ship recycling in Europe." The pioneering technology developed by Leviathan can now be used by shipping companies for...

The 5000-tonne heavy-duty crane built by crane manufacturer Liebherr in Rostock and mounted on the special vessel "Orion" has proved its worth for the first time during the installation of the largest monopiles ever produced in Europe at the German wind farm Arcadis Ost 1 and the lifting of a transformer platform at the French wind farm Fécamp. The "Orion" was first used at the wind farm...

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