newbuilding in A Sentence

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    SAJIR is one of 17"LNG-ready" vessels in Hapag-Lloyd's fleet already designed during the Newbuilding phase.

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    According to the release,“Reach further with Sirius” has been the theme for this Newbuilding project.

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    Addition, the stronger crude market significantly reduced cargo poaching by Newbuilding crude tankers on clean routes.

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    ClearOcean Tankers may acquire additional Newbuilding, resale or second-hand crude oil or product tankers in the future.

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    In addition, the stronger crude market significantly reduced cargo poaching by Newbuilding crude tankers on clean routes.

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    The conquest of the Danish landscape between 1645 and 1658 meant, for Sweden, extensive Newbuilding activities in the newly-reclaimed landscapes.

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    The 7,990 dwt Newbuilding will be the first bunker tanker for Singapore and Sinanju, to be powered mainly by LNG.

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    Every employee of our shipping company should be genuinely proud of what we have achieved during our Newbuilding project.".

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    Various specialist policies exist, including: Newbuilding risks: This covers the risk of damage to the hull while it is under construction.

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    We have been through challenging markets for the last three years, particularly the Newbuilding market which is very important for class," said Ericksen.

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    Our ongoing €500 mill Newbuilding programme will ensure that we continue to provide premium services to our customers,” said Emanuele Grimaldi, Finnlines CEO.

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    Our ongoing EUR 500 million Newbuilding programme will ensure that we continue to provide premium services to our customers”, says Emanuele Grimaldi, CEO of Finnlines.

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    13

    Samsung Heavy Industries(SHI) revealed on March 5, 2018 that one 180K ㎥ LNG carrier Newbuilding has been approved by the board of an overseas owner.

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    This implies that Newbuilding order activity in 2019 needs to slow relative to 2018 levels in order to reduce the risk of vessel oversupply," GasLog said.

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    This project, which built LNG carriers in China, follows the ExxonMobil LNG project, announced in March 2010(four Newbuilding LNG carriers were ordered from Hudong and delivered by April 2016).

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    In early April 2018, TORM exercised Newbuilding options for three MR vessels for a total net consideration of USD 93m of which USD 63m is financed by banks.

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    Based on 2018 Newbuilding orders and current forecasts of LNG supply growth, we now believe that the LNG shipping market is heading towards a balanced state early next decade.

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    Since 2013, to ensure the safety and high quality of the Newbuilding LNG carriers, MOL has assigned technical experts to Hudong and created a shipbuilding supervision team made up of multinational staff, to oversee the construction of the six LNG carriers.

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    Despite continued deliveries of Newbuilding vessels in the short term, effective crude tanker capacity growth is expected to slow as vessels are taken out of service, regular dockings, scrubber or ballast water installation and other preparations for the IMO 2020 regulations.

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    While these discussions are yet to be concluded, the Company remains confident that bank finance on acceptable terms will be secured in respect of the two remaining VLCCs within November 2018, thus drawing to a close the debt financing of the Company's Newbuilding program.

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    Despite continued deliveries of Newbuilding vessels in the short term, effective crude tanker capacity growth is expected to slow as vessels are taken out of service for regular dockings, scrubber or ballast water installation and preparation of vessel fuel tanks for the IMO 2020 regulations.

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    Knut Eilert Røsvik, Rolls-Royce- Marine, SVP Ship Design & Systems, said:“Arctic Storm Management Group is a long-time customer of our products and services, and we are of course delighted that they have now chosen a complete Rolls-Royce design and integrated system solution for their Newbuilding.

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    23

    Since HMM sent out a Request for Proposal(RFP) to shipbuilding companies on April 10, HMM has considered all the conditions for Newbuilding including delivery date and price of new ships suggested by shipbuilders, and finally selected three shipbuilders to sign a Letter of Intent(LOI) for 20 new vessels.

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    24

    Euroseas, an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced that a subsidiary of the Company has entered into a time charter contract for its Newbuilding vessel, M/V Ekaterini, an 82,000 dwt, 2018 built Kamsarmax bulk carrier.

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    Since it sent out a Request for Proposal(RFP) to shipbuilding companies on April 10, Hyundai Merchant Marine has considered all the conditions for Newbuilding including delivery date and price of new ships suggested by shipbuilders, and finally selected the three shipbuilders to sign Letters of Intent(LOI) for 20 new vessels.

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