Vard Signs Cruise Ship LOI with a Mystery Client

Norwegian shipbuilder and ship designer Vard has signed a Letter of Intent (LOI) for the design and construction of an expedition cruise vessel for an undisclosed international cruise company.

New Shipping to Order VLCC Quartet in China

Greek shipowner New Shipping Ltd is looking to expand its very large crude carrier (VLCC) fleet as the company signed a Letter of Intent (LOI) for the construction of two 320,000 dwt tankers, VesselsValue data shows.

Brittany Ferries Inks LNG Ferry Order

French shipping company Brittany Ferries has signed a letter of intent (LOI) with German Flensburger Schiffbau shipyard for the construction of a new ship powered by liquefied natural gas (LNG).