JSC Shipyard Zaliv (Kerch, Crimea) and large Norwegian ship owning company Argali Holdings Ltd have signed the contract for construction of offshore drilling rigs supply vessel (project 832 CD). By words of Nikolay Kuzmenko, chief of Supervisory Board of shipyard Zaliv the peculiarity of this contra
On 17th May 2011, China Rongsheng heavy industries signed a contract with Golden Union, a Greek shipowner, for 2+2 Panamax bulk carriers, further enhancing the Company’s orders on hand. This is the second order placed by Golden Union in 2011, following 2 panamax bulk carriers placed earlier. Up to d
Hamburg’s Hapag-Lloyd has won a US$925 million loan with a banking syndicate made up of HSBC, Citibank, Deutsche Bank, KfW IPEX-Bank and UniCredit Bank… (TransportWeekly) [mappress] Source: TransportWeekly, May 19, 2011
Yangzijiang Shipbuilding (Holdings) is set to own the largest drydock in China as the Singapore-listed company, which holds a 60% stake… (Seatrade-Asia) [mappress] Source: Seatrade-Asia, May 19, 2011.
Wärtsilä, the marine industry’s leading ship power system integrator, strengthens its offering in the mid-size, low-speed engine sector by adding new 62- and 72-bore low-speed engines to its portfolio. These standardised engines offer high propulsion efficiency, reliability, and optimised total cost
General Dynamics Electric Boat Corp., Groton, Conn., is being awarded a $33,500,000 modification to previously awarded contract (N00024-11-C-2109) for engineering and technical design services to support research and development of advanced submarine technologies for current and future submarine pla
Varun Shipping Company has signed Rs 690 crore (USD 153 million) four year contract with Brazil state firm Petrobras to supply… (MoneyControl) [mappress] Source: Money Control, May 18, 2011
Ukraine is serious about reviving and further development of its ship-building industry in Mykolaiv region (South Ukraine – Ed.). This is the theme of the visit of the Ukrainian President Viktor Yanukovych to Chernomorsky Shipyard in Mykolaiv, where he participated in laying the keel of the corvette
Statoil is to choose Samsung Heavy Industries for construction of the topsides for the Valemon platform. The contract is worth an estimated NOK 2.3 billion(USD 414 million) . The award has taken place in wide-ranging international competition among pre-qualified suppliers. “We’ve awarded the assignm
White Smoke AB and Frederiet AB have decided to join forces in the development of the world’s first LNG bunker vessel operation. All the future activities of the partners within the LNG bunkering business will be done through the jointly owned White Smoke Shipping AB. Fredrik Grenestedt, the managin
Austal’s largest catamaran built to date, the 113 metre “Leonora Christina”, was recently handed over to her owners, marking completion of construction of the high speed vehicle-passenger ferry at Austal’s Henderson shipyard. “Leonora Christina” was constructed for Danish company Færgen (formerly No
Chevron Australia Pty Ltd today announced it had accepted delivery of the newly constructed Atwood Osprey Semi-submersible drilling rig which would begin development drilling operations offshore northwest Australia. The Atwood Osprey is a 6th Generation Ultra-deepwater Semi-submersible rig able to c
Hyundai Vinashin Shipyard (HVS) started its new shipbuilding business with the keel-laying of a 56.000 DWTbulk carrier on March 15. Repairing ships along with building new ones since 2008. the company made the full shift from ship repairs to shipbuilding this year. With the help of Hyundai Mipo for
Vietnamese insurance company Bao Minh has been sued by a local shipbuilder for allegedly denying an insurance claim of US$4.1m for… (seatrade-asia) [mappress] Source: seatrade-asia, May 18, 2011; Image: quangngai
