Shipbuilding
LR to Class Largest Heavy Lift Crane Vessel
International classification society Lloyd’s Register (LR) has won a contract to class the world’s largest heavy lift crane vessel (NSCV) for the Netherlands-based Heerema Group. The USD 1 billion, dual-fuel LNG and MGO semi-submersible vessel will be constructed at the newly opened Sembcorp’s Yuron
LR to Class Largest Heavy Lift Crane Vessel
International classification society Lloyd’s Register (LR) has won a contract to class the world’s largest heavy lift crane vessel (NSCV) for the Netherlands-based Heerema Group. The USD 1 billion, dual-fuel LNG and MGO semi-submersible vessel will be constructed at the newly opened Sembcorp’s Yuron
Frontline CEO: Tanker Orderbook Is a Concern
The strength of the tanker market which has enjoyed pretty high rates may be threatened by the inflow of the new tonnage scheduled for delivery in the following two years. “Given the positive outlook of the tanker market we expect very little scrapping and the orderbook is a concern. As the delivery
Frontline CEO: Tanker Orderbook Is a Concern
The strength of the tanker market which has enjoyed pretty high rates may be threatened by the inflow of the new tonnage scheduled for delivery in the following two years. “Given the positive outlook of the tanker market we expect very little scrapping and the orderbook is a concern. As the delivery
Seadrill Delays Newbuilds amid Challenging Market
Offshore drilling company Seadrill has delayed deliveries of two drillships currently under construction for two years amid volatile market conditions that pushed the company’s profit by 37% in the second quarter of 2015. The drillships in question are the West Draco and West Dorado whose deliveries
Seadrill Delays Newbuilds amid Challenging Market
Offshore drilling company Seadrill has delayed deliveries of two drillships currently under construction for two years amid volatile market conditions that pushed the company’s profit by 37% in the second quarter of 2015. The drillships in question are the West Draco and West Dorado whose deliveries
Sanmar to Build Svitzer Sextet
Maersk Group’s salvage and towage subsidiary Svitzer has signed a newbuilding contract with Sanmar Shipyard in Turkey for the construction of six vessels, with delivery of the first one to be expected in Q4 2016. The new fleet will be 70 Tonne bollard pull RAstar 2800-E Class ASD tugs, which are ter
Sanmar to Build Svitzer Sextet
Maersk Group’s salvage and towage subsidiary Svitzer has signed a newbuilding contract with Sanmar Shipyard in Turkey for the construction of six vessels, with delivery of the first one to be expected in Q4 2016. The new fleet will be 70 Tonne bollard pull RAstar 2800-E Class ASD tugs, which are ter
Clipper Takes Two Ultramaxes at Sainty
Denmark’s Clipper Group has purchased two 64,000 dwt SDARI64 newbuilding bulk carriers being built by Sainty Shipbuilding in Yangzhou, China in a resale deal. Namely, the duo form part of an order for four 64,000 dwt bulkers originally placed by with the financially troubled yard by Greek shipowner
Clipper Takes Two Ultramaxes at Sainty
Denmark’s Clipper Group has purchased two 64,000 dwt SDARI64 newbuilding bulk carriers being built by Sainty Shipbuilding in Yangzhou, China in a resale deal. Namely, the duo form part of an order for four 64,000 dwt bulkers originally placed by with the financially troubled yard by Greek shipowner
Delivery of ULCSs Set to Slow Down in 2016
The steady flow of ultra-large containerships (ULCS) into the Asia-Europe trade will ease briefly in 2016, as the number of new deliveries will slow down temporarily before resuming its climb in 2017, industry analyst Alphaliner said. A total of 37 ships of 13,800-20,000 teu have been delivered so f
Delivery of ULCSs Set to Slow Down in 2016
The steady flow of ultra-large containerships (ULCS) into the Asia-Europe trade will ease briefly in 2016, as the number of new deliveries will slow down temporarily before resuming its climb in 2017, industry analyst Alphaliner said. A total of 37 ships of 13,800-20,000 teu have been delivered so f
Spotted: Ulstein Launches Its Largest Offshore Vessel Yet
On Tuesday night, August 25th, yard number 302 Island Venture, an offshore construction vessel for Island Offshore/Edison Chouest Offshore, was launched from the dock hall at Norwegian shipbuilder Ulstein Verft. Currently, the heli deck is being mounted. Measuring close to 160 m in length, and with
Spotted: Ulstein Launches Its Largest Offshore Vessel Yet
On Tuesday night, August 25th, yard number 302 Island Venture, an offshore construction vessel for Island Offshore/Edison Chouest Offshore, was launched from the dock hall at Norwegian shipbuilder Ulstein Verft. Currently, the heli deck is being mounted. Measuring close to 160 m in length, and with