Top Stories of the Week (Oct 21 – Oct 26, 2013)

October 27, 2013

Fincantieri Wins New Customer in Ultra-Luxury Cruising

Fincantieri, the world leader in cruise ship construction, and Seabourn, a Carnival Corporation & plc brand, have signed a letter of intent for a new ultra-luxury cruise ship.

NDSQ to Build Seven Vessels

Qatar’s premier marine company Nakilat has secured vessel building and operations contracts for the Port of Ras Laffan via its joint ventures, shipbuilder Nakilat Damen Shipyards Qatar (NDSQ) and towage operator Nakilat SvitzerWijsmuller (NSW).

Video: The Shell Prelude FLNG Project Takes a Giant Step Forward

It’s the moment of truth for the world’s first floating liquefied natural gas facility which is being build at Samsung Heavy Industries (SHI) yard in Geoje, South Korea.

Eletson Gas Orders Eight LPG Carriers

Eletson Holdings Inc. (Eletson) yesterday announced the formation of a joint venture with funds managed by Blackstone Tactical Opportunities (Blackstone) to create Eletson Gas, a $700 million liquefied petroleum gas (LPG) shipping company. Eletson Gas also announced the signing of newbuilding contracts for eight vessels.

Kleven Clinches $236m Offshore Construction Vessel

Østensjø Rederi has placed an order for a large offshore construction vessel at Kleven yard with delivery in March 2016. The vessel will be chartered to the offshore contractor DeepOcean on a five and a half year contract. Total value of the construction contract is approx. $236.4 million.