Major explosion at Bangladesh shipbreaking yard kills two workers and severely injures five

Major explosion at Bangladesh shipbreaking yard kills two workers and severely injures five

A loud blast in the early morning yesterday shook the Chittagong shipbreaking area. At around 8:30 AM, a fire broke out on board the vessel BUNGA KELANA 4 (IMO 9178343), beached at Mahinur Ship Breaking yard, also known …
May 16, 2019 /  Accidents
Bangladesh’s Second LNG Terminal Commissioned

Bangladesh’s Second LNG Terminal Commissioned

The floating storage and regasification unit (FSRU) Summit LNG has begun operations at Summit LNG Terminal located offshore Moheshkhali Island in the Bay of Bengal. The FSRU successfully completed commissioning of the …
May 2, 2019 /  Curious
Croatian court postpones shipyard bankruptcy to June

Croatian court postpones shipyard bankruptcy to June

A commercial court in Croatian port city Rijeka decided on Wednesday to postpone bankruptcy of shipyard "3. Maj" that is part of the troubled shipbuilding group Uljanik. The next and last hearing, according to the …
Apr 22, 2019 /  Curious
FSRU Summit LNG arrives in Bangladesh ahead of schedule

FSRU Summit LNG arrives in Bangladesh ahead of schedule

The vessel ‘Summit LNG’ with Floating Storage and Regasification Unit (FSRU) of Summit has arrived at Bangladesh’s designated coordinates in the Bay of Bengal ahead of schedule. It is now moored 6 …
Apr 22, 2019 /  Vessels
Brisbane Breaks Ground on New Cruise Ship Terminal (Video)

Brisbane Breaks Ground on New Cruise Ship Terminal (Video)

Premier Annastacia Palaszczuk has turned the sod on Brisbane's $158 million new International Cruise Terminal, heralding the start of a new era for Queensland's economy. Artist’s impression - Brisbane …
Apr 16, 2019 /  Cruise
Austal Cuts Metal On Second 118M Trimaran For Fred.Olsen Express

Austal Cuts Metal On Second 118M Trimaran For Fred.Olsen Express

Austal Limited (Austal) (ASX: ASB) has commenced construction of the second of two 118 metre high-speed passenger trimaran ferries for Fred. Olsen Express in the Company’s Philippines shipyard. The vessel is due …
Apr 16, 2019 /  Curious
Careless loading of cargo containers sinks ship in Iran port (Video)

Careless loading of cargo containers sinks ship in Iran port (Video)

Iranian state TV says careless loading of cargo has capsized a ship in the southern port of Bandar Abbas, sending port workers scrambling to retrieve any of the 153 containers that were suddenly submerged. The report …
Mar 20, 2019 /  Accidents
HHI Group Signs Definitive Agreement to Acquire DSME

HHI Group Signs Definitive Agreement to Acquire DSME

Hyundai Heavy Industries (HHI) Group and Korea Development Bank (KDB) signed on Friday a definitive agreement to acquire Daewoo Shipbuilding & Marine Engineering (DSME), in the presence of Kwon Oh-gap, Vice Chairman …
Mar 8, 2019 /  Curious
ING and EIB provide €110m for Spliethoff’s Green Shipping investments

ING and EIB provide €110m for Spliethoff’s Green Shipping investments

€110.4 million loan for the installation of exhaust gas cleaning systems and ballast water management systems on 42 Spliethoff vessels part of €300 million joint EIB-ING green shipping partnership. EIB …
Mar 1, 2019 /  Finance
Fire on board Greek tanker kills two shipbreaking workers in Bangladesh

Fire on board Greek tanker kills two shipbreaking workers in Bangladesh

Monday, a fire broke out in the engine room on board a tanker, beached in Chittagong, killing two workers.  Md Jamil, 23 years old cutter man, and Bipul lost their lives while scrapping the ship GREEK WARRIOR …
Feb 19, 2019 /  Accidents