Fjord Line has signed a contract with Bergen Group to build two new cruise ferries. The ships will be delivered in the spring and autumn 2012, and the contract has a total value of EURO 206 million.
We are very pleased that Bergen Group Fosen, a wholly owned subsidiary of Bergen Group, is selected as the [...]

Mercator Lines Limited, India’s 2nd largest private sector shipping company (in terms of tonnage) has acquired 1993 built MR Tanker of 42,235 DWT. Similar type of vessel was acquired in December ’09. Cost of acquisition of both the vessels was about Rs 83 cr, which was financed through mix of debt and internal accruals. Both [...]

Austal’s next generation 102-metre trimaran has impressed during sea trials, achieving a speed of 39 knots at 90% MCR with 340 tonnes deadweight. The high speed vehicle ferry utilises Austal’s patented trimaran technology to deliver improved sea keeping, fuel efficiency, passenger comfort and payload capacity.
Austal has officially unveiled its trimaran vehicle-passenger ferry platform on 5 [...]