Top News of the Week September 30 – October 5, 2013

The World’s Fastest Ship Christened by Argentina’s President

On October 1, 2013 in Buenos Aires the President of Argentina, Christina Fernandez de Kirchner became the “Godmother” to a vessel built in Australia. Named Francisco in honour of the Argentine born Pope, the 99 metre World’s Fastest Ship, and the first large dual fuel high speed Ro-Ro to use LNG as its primary fuel, was built in Hobart by Incat Tasmania Pty Ltd and delivered recently to South American company Buquebus.

FSG Delivers Largest Canadian Flag ConRo Ship

The largest Canadian Flag Con/Ro ship set sail yesterday from Flensburg, Germany destined for St. John’s, Newfoundland and Labrador. Following a series of successful sea trials, Oceanex Inc. accepted delivery of the vessel on Friday as originally scheduled.

Following Stena Polaris through North-East Passage

Stena Bulk’s tanker Stena Polaris, with a cargo of 44,000 tons of naphtha, is sailing from the Gulf of Finland via the North-East Passage to South Korea. A route that passes through Arctic waters that make exacting demands on technology, know-how and experience.

Keppel O&M Bags USD 440 Mil Worth Jack-Up Order

Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M) has secured a contract from an affiliate of Clearwater Capital Partners (Clearwater) to build a pair of premium KFELS B Class jackup rigs. The total cost of the project is about US$440 million, which also includes owner furnished equipment and project management fees.

Seaspan Exercises Options for Five More SAVER Design Vessels

Seaspan Corporation exercised options for the construction of five (5) 10,000 TEU class containerships, yesterday at Jiangsu New Yangzi Shipbuilding Co., Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd.