Fincantieri’s subsidiary Vard Holdings Limited (Vard), one of the major global designers and shipbuilders of specialized vessels, signed a contract with the Australian cruise operator Coral Expeditions for the design and construction of a second expedition cruise vessel…
French cruise company Ponant has received its new cruise ship, Le Bougainville, bringing its fleet to eight vessels.The ship, which is the third in the Ponant Explorers series, left Søvik in Norway on the morning of 8 April and she is currently…
Cruise shipping, at the intersection of maritime and hospitality industries, continues to be vibrant. The Cruise Lines International Association (CLIA), the industry’s major trade association, forecasts that the ocean cruise segment will draw 30 million passengers in 2019…
In the context of the agreement announced in March 2018 for the construction of 6 ships, Fincantieri and Viking signed the contracts for the first 2 units, which will be delivered respectively in 2024 and 2025.In partnership with the shipowner…
Back when most owners were still debating how to handle the 2020 sulfur cap, or whether the deadline would even stick, Carnival forged ahead with a massive bet on LNG for cruise-ship propulsion. That early move is now starting to pay off.AIDAnova…
ACE Winches Norge AS, the Norwegian branch of internationally recognized ACE Winches, has strengthened its Scandinavian presence by relocating to the center of Stavanger and the appointment of a new sales and business development manager.Håvard…
Norway's designer and shipbuilder of specialized vessels VARD has contracted PG Flow Solutions to supply the engine room pump system to the world’s first autonomous and electric container vessel, Yara Birkeland.According to a press note from PG Flow Solutions…
The floating liquefied natural gas (LNG) company Höegh LNG Holdings announced that Håvard Furu is appointed as new Chief Financial Officer (CFO) of Höegh LNG AS effective 1 March 2019.The interim CFO, Steffen Føreid, will step down effective…
Norwegian shipbuilder VARD has secured a contract worth approximately NOK 250 million ($29.5 million) to build the world’s first autonomous and electric container vessel, Yara Birkeland. VARD will deliver the groundbreaking ship for launch in early 2020…
Vard Holdings Limited has announced that it has secured a new contract for the design and construction of one luxury expedition cruise vessel for German cruise company Hapag-Lloyd Cruises. The new expedition cruise vessel will join Hapag-Lloyd Cruises HANSEATIC series…
Bolidt Synthetic Products & Systems' position for decking and flooring in mainstream cruise ship and superyacht markets has been quickly converted into a series of business wins in the fast-emerging polar expedition cruise ship sector.The most…
A new icebreaking research vessel built for the Norwegian governmental body for oceanographic research and fishing, was delivered this week in Norway. After the building process was completed at Fincantieri’s Integrated shipyard of Riva Trigoso and Muggiano in Italy…
The relentless increases in luxury ocean and river travel that has propelled the cruise industry in 2017 to new passenger records is a clear indication that 2018 and the next five years will see a new era in global travel. Even as the Cruise…
Italian shipbuilder Fincantieri has proposed to seek the privatization of Vard Holdings via a voluntary delisting from the Singapore Exchange Securities Trading Limited (SGX-ST). Fincantieri, which holds a 79.34 per cent stake in Vard through a subsidiary Fincantieri Oil & Gas…
Vard Holdings Limited said it won a contract for the design and construction of an expedition cruise vessel for Coral Expeditions of Australia.Newly developed by Vard Design in Norway in cooperation with the customer, the vessel is specially…