Mitsui O.S.K. Lines, Ltd. today announced that MOL and Osaka Gas International Transport Inc., subsidiary of Osaka Gas Co., Ltd., have agreed on a plan to co-own two newbuilding LNG carriers. The agreement also includes a contract with Mitsubishi Heavy Industries Co., Ltd. (MHI) to build the new ves
China Shipping Development Company (CSDC) has penned an order to build a 76,000 dwt bulk carrier worth approximately RMB229.3m ($36.1m). The… (Seatrade-Asia) [mappress] Source: Seatrade-Asia, October 27, 2011
China Shipping Container Lines (CSCL) is ready to splash $1.13bn to construct 12 containerships of 10,000 teu each at two Chinese shipyards… (Seatrade-Asia) [mappress] Source: Seatrade-Asia, October 27, 2011
Höegh Singapore was successfully named in a traditional and spectacular naming ceremony at Xiamen Shipbuilding Industries in Xiamen, China on 12th October 2011 Mrs. Nancy Jean DeMuro (wife of Mr Richard DeMuro, Director MP & L Ford Asia, Pacific & Africa) acted as Lady Sponsor. Other guests included
South Boats Special Projects Ltd. and Wind Wave Workboats Ltd. announce the two companies have signed a contract for the construction for the ‘Freddie S’, a first of class South Boats 17m Vigilante catamaran. The vessel will be built at South Boats’ new facility in Cowes and will be delivered in Aug
OSX 2 Leasing B.V., a subsidiary of the OSX Brasil S.A., entered into a facility agreement with a syndicate of international banks lead by ING, Itaú-BBA and Santander, related to the granting of a loan in the amount of US$ 850 million, pursuant to the contractual terms, for investment in the constru
Huntington Ingalls Industries, Newport News Shipbuilding, Newport News, Va., is being awarded a $16,884,918 modification, which exercises priced research, development, test and evaluation options under previously awarded contract (N00024-09-C-2116) for continuation of construction preparation effort
BMT ARGOSS and International Paint announces the formation of a partnership that can deliver demonstrable and transparent improvements in performance, efficiency and environmental emissions for the global shipping fleet. By deploying International Paint’s world class fouling control coatings in conj
DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced the signing of a $141 million syndicated secured term loan facility to partially finance the construction costs of the tankers Belmar, Calida,
Currently a hopper dredger is being built in Canada which will perform the maintenance dredging activities of the St Lawrence Seaway. Ocean’s companies, the shipbuilder and future dredging contractor, have opted for a proven design, fitted out with a Damen trailing pipe and other Damen dredging gear
NAPA, a leading software house for ship design and operations, has signed an agreement with STX Offshore and Shipbuilding Co. Ltd. The agreement specifies the co-operation between STX and NAPA regarding sales, model creation and delivery of the environment-efficient NAPA software for STX designed ve
Recently, Afai Southern won the project to build 3 costal fast rescue vessels (No.4-No.6) for Rescue & Salvage Bureau of the Communication Ministry of P. R. China. In 2004, Afai Southern won the first batch of rescue vessels (No. 1-No. 3), and accomplished the building construction of such three ves
Rolls-Royce, the global power systems company, has been selected by the South Korean Coast Guard to supply Azimuth thrusters for a new fleet of 15 tugs. The contract, worth around £12 million, will involve the supply of Rolls-Royce Azimuth thrusters (two per vessel) as the prime propulsion and steer
On the afternoon of October 26, Sinopacific Shipbuilding Group, China’s leading shipbuilding enterprise held the ship naming and delivery ceremony at its Zhejiang shipyard for SX130, the global first fabricated model of Offshore Support Vessel (OSV) built for Neptune Offshore AS. Gracing this occasi
