Mitsui O.S.K. Lines, Ltd. today announced a decision to order two containerships (8,600 TEU) from Mitsubishi Heavy Industries, Ltd., with delivery slated for 2013. Along with eight 8,100 TEU ships already in operation, the new vessels will be deployed to Asia-Europe routes. The company also reached
Today, at a signing ceremony in Tokyo, Japan, Maersk Line exercised its option with Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build an additional 10 Triple-E ships, the world’s largest and most efficient container vessels. The event follows Maersk Line’s order in February this ye
The Shipbuilders Council of America (SCA) recently announced that Huntington Ingalls Industries’ Newport News Shipbuilding and Ingalls Shipbuilding Divisions and General Dynamics’ Bath Iron Works (General Dynamics NASSCO is currently a member of the SCA) have joined its national trade association. T
DryShips Inc. , a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced that its majority owned subsidiary, Ocean Rig UDW Inc., exercised its third newbuilding option to construct a 7th Generation Ultra Deepwater D
After an extensive selection process, involving discussions with a number of different shipyards, Tankers Inc. has today signed its first newbuilding contract for two LR1 vessels of 75,000 DWT each to be built by Dalian Shipbuilding Industry Co., Ltd. (“DSIC”), in the Liaoning province, China. In ad
Aker Drilling, through its subsidiary Aker Drilling Offshore Services Public Ltd., has agreed with Daewoo Shipbuilding and Marine Engineering Co. Ltd. an extension to the time limit for declaring its first optional drillship from end of June 2011 to the end of October 2011. The terms of the options
Pacific Drilling S.A. announced today that one of its subsidiaries has reached an agreement with Samsung Heavy Industries to extend until October 31, 2011 an option to construct a seventh ultra-deepwater drillship. With its best-in-class drillships and highly experienced team, Pacific Drilling is a
OOCL announces that the shipbuilder of our 8,888 TEU vessel, OOCL Beijing, has won the “Shanghai Municipality’s First Class Award for Science and Technology Advancement”. OOCL Beijing was built by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong-Zhonghua) of China State Shipbuilding Corporatio
QinetiQ GRC combined its annual user event with the official launch of Paramarine version 7. The launch event was held on HMS Warrior in Portsmouth harbour and was attended by a large number of Paramarine users drawn from both the commercial and defence sectors. When commissioned on August 1st 1861,
Russian gas producer Novatek plans to build a new type of LNG tanker, designed for big-scale year-round shipping in the Arctic… (barentsobserver) [mappress] Source: BarentsObserver, June 23, 2011;
There was a real vibrancy to the 14th edition of Seawork. While the business of maintaining Europe’s marine infrastructure is important work, the prospects surrounding marine renewable energy are proving exciting. By making the most of these opportunities for business, Seawork continues to reinforce
ABB, the leading power and automation technology group, recently won a $24 million order to supply electrical power and propulsion systems for two next generation ‘Ramform’ vessels, capable of three-dimensional (3D) seismic data acquisition for sea bottom resource exploration. The ships will be cons
Indian shipbuilder ABG Shipyard is planning to invest up to $300m to venture into owning and operating ships, the company’s senior official… (seatrade-asia) Source: Seatrade-Asia, June 23, 2011;
Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) , announced today that it has entered into a new long-term contract with a subsidiary of BG Group plc (BG) to provide shuttle tanker services in Brazil. The contract with BG will be s