MAN Diesel & Turbo has agreed to equip four of Canada-based Waterfront Shipping's vessels with new ME-LGI dual-fuel engines which run on a mix of 95% methanol and 5% diesel fuel. The recently-developed engines expand MAN's dual-fuel portfolio, which makes use of more sustainable fuels such as methanol and liquefied petroleum gas. Production of the four G50ME-LGI engines is expected to be completed by the end of the year, with delivery scheduled to follow in the summer of 2015. The compa...

SEAS, PIRIOU’s Vietnam-based shipyard has just delivered the fourth 53m FPSV (Fast Passenger & Supply vessel) of an order for 4 units to BOURBON, the “BOURBON NORTE”. The first unit, the “BOURBON SIROCCO” was delivered in October 2012, followed by the “BOURBON SHAMAL” in January 2013 and the “BOURBON HARMATTAN” in March 2013. With more than 100 crew-boats built since 1995 in France, Nigeria and Vietnam, PIRIOU has become one of the world’s leading aluminium crew boat builders. Pascal PI...

OAO Yamal LNG announced today the completion of the tender for the construction of ARC7 ice-class tankers for the shipment of liquefied natural gas (LNG). After considering proposals submitted by seven world-leading shipyards, Daewoo Shipbuilding & Marine Engineering was named the winner of the tender and Yamal LNG signed a slot reservation agreement with the selected shipyard. The agreement stipulates the options to build, launch, equip, complete and deliver up to 16 tankers and establis...

Global shipbuilding industry's new order intakes recorded in the first half of 2013 increased by around 40% year-on-year, while Korean shipbuilders' order intakes expanded by around 60%. According to Clarkson's latest statistics, a total of 16.66m cgt (749 vessels) were contracted in the first half of 2013, up by 40% y-o-y from 11.94m cgt (704 vessels). Particularly, orders for commercial ships, such as containership, bulker, etc., have greatly grown comparing with H1 2012. Korean shipya...