Top News of the Week January 27 – February 1, 2014

New Container Vessels for COSCO

COSCO Entities have entered into shipbuilding agreements worth US$434.5 million with China Shipbuilding Trading and Changxing Shipbuilding for the construction of five 9,400 TEU container vessels.

Two Collisions off Singapore

Following the oil spillage from two collisions south of Jurong Island and off Marina South on 29 and 30 January 2014 respectively, the Maritime and Port Authority of Singapore (MPA) has been coordinating the containment and clean-up efforts. Good progress has been made since the start of the operations.

Rolls-Royce to Equip Island Offshore’s Innovative Vessel

Rolls-Royce has won an order to provide integrated design and ship equipment for a highly innovative offshore vessel for Norwegian ship owner Island Offshore.

PMI to Construct Two Hotel Ships for PEP

PEMEX Exploración y Producción (PEP) has chosen its subsidiary PMI for the construction of 2 hotel ships. PMI proposal is based on the offer by Navantia and Barreras shipyard.

Navig8 Chemical Tankers Places Order for Six New Vessels

Navig8 Chemical Tankers Inc has signed a contract with Japanese shipyard Kitanihon Shipbuilding for the construction of additional six chemical tankers.