The company refinanced the vessels through a sale and leaseback transaction with a Japanese ship owner.
The orders include three 82,000 dwt and two 325,000 dwt bulk carriers.
The land reclamation works for the construction of an airport in Hoarafushi, Haa Alif Atoll, were successfully completed, according to Maldives Transport and Contracting Company (MTCC). Under this capital development scheme, the Maldives’ largest dredger Mahaa Jarraafu reclaimed the lagoon on the so
The company placed two firm orders and two options for Handysize ethylene carriers.
Dredging Corporation of India Limited (DCI) has capacity to meet the lion’s share of India’s maintenance and capital dredging market, according to the DCI’s Managing Director, Shri Rajesh Tripathi. Addressing the delegates of the ‘Tenth Annual Conference on Dredging in India’ in Mumbai, he said that
CMHI has made further progress in the construction of SunStone’s polar expedition cruise vessels.
Russian Novatek and Japanese Saibu Gas revealed plans to form a joint venture.
Sanoyas Shipbuilding Corporation has delivered Indigo Heritage, a Supramax bulk carrier, to Cleveland Shipmanagement.
German shipping company H. Vogemann Reederei has been linked to a bulker order in China.
Japan, the United States, Greece, UK, Norway, France, China and Korea granted approvals for the design.
At the start of 2019, Luc Vandenbulcke took the reins of DEME Group. A civil engineer employed for 21 years within the group, he has noteworthy qualifications: he cofounded and led DEME’s fastest growing subsidiary company which specialized in hydraulic engineering projects and offshore wind farms.
Malaysia-based Velesto Drilling has received a letter of award from Petronas Carigali for the provision of jack-up drilling rig Naga 7.
