Shipbuilding
New Wave of FLNG Projects Imminent
A significant growth in both investment and activity in the floating liquefied natural gas (FLNG) market is expected over the next seven years, with Douglas-Westwood (DW) forecasting total expenditure of USD 58.3 billion in its new market report. The industry consultancy attributed 61% of this spend
New Wave of FLNG Projects Imminent
A significant growth in both investment and activity in the floating liquefied natural gas (FLNG) market is expected over the next seven years, with Douglas-Westwood (DW) forecasting total expenditure of USD 58.3 billion in its new market report. The industry consultancy attributed 61% of this spend
DSME Takes Songa Offshore to Arbitration
South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) is seeking arbitration against Norwegian drilling contractor Songa Offshore for refusing to pay for losses arising from delayed construction of four semi-submersible drilling rigs due to Songa’s faulty designs, according
DSME Takes Songa Offshore to Arbitration
South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) is seeking arbitration against Norwegian drilling contractor Songa Offshore for refusing to pay for losses arising from delayed construction of four semi-submersible drilling rigs due to Songa’s faulty designs, according
”K” Line Fixes Two LNG Carriers
”K” Line LNG Shipping (UK) Limited (K-LNG), a subsidiary of Japanese Kawasaki Kisen Kaisha (”K” Line), has through the joint-venture consortium with Chandris (Hellas) Inc. entered into long-term time charter contracts with the BP group for two LNG carrier newbuildings. The vessels, which will have a
”K” Line Fixes Two LNG Carriers
”K” Line LNG Shipping (UK) Limited (K-LNG), a subsidiary of Japanese Kawasaki Kisen Kaisha (”K” Line), has through the joint-venture consortium with Chandris (Hellas) Inc. entered into long-term time charter contracts with the BP group for two LNG carrier newbuildings. The vessels, which will have a
Torghatten Orders Eco Ferry
Norwegian ferry operator Torghatten Trafikkselskap AS has signed a contract with compatriot shipyard Fiskerstrand Verft AS for the construction of a Multi Maritime-designed car and passenger ferry, with an option for two additional ferries. The ferry will have the capacity to carry 60 cars (10 on a
Torghatten Orders Eco Ferry
Norwegian ferry operator Torghatten Trafikkselskap AS has signed a contract with compatriot shipyard Fiskerstrand Verft AS for the construction of a Multi Maritime-designed car and passenger ferry, with an option for two additional ferries. The ferry will have the capacity to carry 60 cars (10 on a
Another Behemoth Joins CMA CGM’s Fleet
French liner company CMA CGM Group took delivery of the CMA CGM Vasco de Gama on July 27th from China State Shipbuilding Corporation. This 18,000 TEUs vessel is, with its 399 meters length and 54 meters width, the largest containership of the CMA CGM Group. It will sail under the UK flag. Calling 11
Another Behemoth Joins CMA CGM’s Fleet
French liner company CMA CGM Group took delivery of the CMA CGM Vasco de Gama on July 27th from China State Shipbuilding Corporation. This 18,000 TEUs vessel is, with its 399 meters length and 54 meters width, the largest containership of the CMA CGM Group. It will sail under the UK flag. Calling 11
Carnival Orders Two More LNG-Fuelled Mega Cruise Ships
Costa Cruises, Carnival Corporation’s Italy-based brand, has ordered construction of two next-generation cruise ships. The two ships will be built by Meyer shipyard in Turku, Finland, with delivery scheduled for 2019 and 2020. According to Coast Cruises, each of the ships will exceed 180,000 gross t
Carnival Orders Two More LNG-Fuelled Mega Cruise Ships
Costa Cruises, Carnival Corporation’s Italy-based brand, has ordered construction of two next-generation cruise ships. The two ships will be built by Meyer shipyard in Turku, Finland, with delivery scheduled for 2019 and 2020. According to Coast Cruises, each of the ships will exceed 180,000 gross t
SBM Offshore Secures USD 1.55bn Financing for FPSO Cidade de Saquarema
Dutch supplier of floating oil platforms SBM Offshore N.V. has secured USD 1.55 billion to finance the construction of FPSO Cidade de Saquarema, the largest project financing in the company’s history. Project financing was secured by a consortium of sixteen international banks with insurance cover f
SBM Offshore Secures USD 1.55bn Financing for FPSO Cidade de Saquarema
Dutch supplier of floating oil platforms SBM Offshore N.V. has secured USD 1.55 billion to finance the construction of FPSO Cidade de Saquarema, the largest project financing in the company’s history. Project financing was secured by a consortium of sixteen international banks with insurance cover f