Top News of the Week March 17 – 22, 2014

Business & Finance

Top News of the Week March 17 – 22, 2014

Hyundai Together Takes Off with World’s Largest Boxship Propeller

The world’s largest container ship propeller was loaded onto the Hyundai Together at the HHLA Container Terminal Altenwerder on Saturday.

DSME to Build 1st ARC7 Ice-Class Tanker for Yamal

Russia’s state-owned shipping company Sovcomflot has placed its first order for a $316 million worth liquefied natural gas (LNG) carrier.

Eight Missing after Ship Collision off Tokyo Bay (Japan)

The Panamanian-flagged Beagle III sank just off Tokyo Bay yesterday following a collision with South Korean-registered Pegasus Prime.

Heerema, Huisman Enter LOI for Two 10,000-Tonne Cranes

Heerema Marine Contractors (HMC) and Huisman Equipment have signed a Letter Of Intent (LOI) for the design and construction of two powerful cranes for its planned New Semi-submersible Crane Vessel (NSCV).

Damen Lands $224 mln Deal in the Bahamas

The Government of Bahamas has placed an order for nine new vessels to be built by Dutch shipbuilding group, Damen Shipyards.