Top Stories of the Week (Jul 22 – Jul 27, 2013)

July 28, 2013

DSME to Build $595 Mln Drillship for VANTAGE

VANTAGE Drilling has placed an order with South Korea’s Daewoo Shipbuilding & Marine Engineering for the construction of a new drillship. According to the DSME’s regulatory filing from July 19, the order is estimated to be worth around $595 million.

Carnival Cruise Announces Name for Its New Vessel

Carnival Vista is the name selected by Carnival Cruise Lines for its new 135,000-ton ship scheduled to enter service in 2016.

Nam Cheong Secures $70.5 Mln for Three Vessels

Nam Cheong International Ltd., a wholly – owned subsidiary of Nam Cheong, has secured sale contracts with a total value worth USD70.5 million for two units of Platform Supply Vessels (PSVs) and one unit of Accommodation Work Barge (AWB).

Bahri Takes Delivery of a New RoCon Vessel

The National Shipping Company of Saudi Arabia (Bahri) has received a new vessel specialized in general cargo with a size of 26,000 DWT. The ship was named Bahri Tabuk and was built by Hyundai Mipo Dockyard Co. (HMD) of South Korea.

BC Ferries Gets Green Light to Build Three Vessels

The BC Ferries Commissioner has approved BC Ferries’ application to construct three new intermediate class vessels to replace the 48-year old Queen of Burnaby and the 49- year old Queen of Nanaimo. Both of these vessels are nearing the end of their service lives and are scheduled for retirement in 2016.