Monaco-based owner and operator of liquefied natural gas (LNG) carriers GasLog Ltd. has signed a time charter contract for a period of seven years with UK-based natural gas and energy supplier Total Gas & Power Chartering Limited (Total) to charter its only LNG newbuilding without a multi-year contract, Hull 2801.

Chinese COSCO (Zhoushan) Shipyard, a subsidiary of COSCO Shipyard Group, has delivered a 111,000 dwt oil tanker to John Fredriksen-controlled oil tanker shipping company Frontline Ltd.

Baku-based shipping company Azerbaijan Caspian Shipping said that it commissioned four 5,490 dwt dry bulk vessels which are expected to start working in the Black and Mediterranean Seas, according to the company.

Iceland’s Eimskip and Greenland-based Royal Arctic Line signed a letter of intent to connect Greenland into Eimskip’s international sailing system through a capacity sharing agreement involving larger vessels.

Chinese COSCO (Zhoushan) Shipyard, a subsidiary of COSCO Shipyard Group, has entered into a contract with an undisclosed European buyer to build two 113,000 DWT crude oil tankers.

Owner and operator of mobile offshore drilling units Transocean Ltd. has reached an agreement with Sembcorp Marine’s subsidiary, Jurong Shipyard, to postpone the delivery of two drillships.

Miami-based cruise company Norwegian Cruise Line Holdings has placed an order to construct a sister ship to Seven Seas Explorer for its Regent Seven Seas Cruises with Italian shipbuilder Fincantieri.

Italian shipbuilder Fincantieri and Shanghai-based shipyard Huarun Dadong Dockyard (HRDD) have signed a cooperation agreement in the field of ship repair and conversions aimed at serving the cruise ships based in China.

Singapore-based ship owner U-Ming Marine Transport has signed a contract for the construction of two 81,500 dwt bulk carriers.According to the company, the new vessels will be built by Japanese shipbuilder Oshima Shipbuilding.

South Korea-based shipyard DSME has floated out the world’s first ice-breaking liquefied natural gas (LNG) carrier constructed for Russian shipping company SCF Group.