Shipbuilding
Golar Seals Deal for Third GoFLNG
London-based liquefied natural gas shipping company Golar LNG Limited has executed agreements for conversion of the 126,000 m3 LNG carrier Gandria to a Golar floating liquefaction facility (GoFLNG) with Singapore’s Keppel Shipyard Limited (Keppel). The Gandria conversion contract marks the exercise
Golar Seals Deal for Third GoFLNG
London-based liquefied natural gas shipping company Golar LNG Limited has executed agreements for conversion of the 126,000 m3 LNG carrier Gandria to a Golar floating liquefaction facility (GoFLNG) with Singapore’s Keppel Shipyard Limited (Keppel). The Gandria conversion contract marks the exercise
Hyundai Mipo Hands Over Third Tanker to Ocean Yield
Oslo-listed ship owning company Ocean Yield ASA has taken delivery of the 37,000 dwt IMO II chemical tanker Navig8 Amessi from Korean shipbuilder Hyundai Mipo Dockyard. After being delivered from the shipyard today, the vessel commenced a 15 year-long “hell and high water” bareboat charter to Navig8
Hyundai Mipo Hands Over Third Tanker to Ocean Yield
Oslo-listed ship owning company Ocean Yield ASA has taken delivery of the 37,000 dwt IMO II chemical tanker Navig8 Amessi from Korean shipbuilder Hyundai Mipo Dockyard. After being delivered from the shipyard today, the vessel commenced a 15 year-long “hell and high water” bareboat charter to Navig8
Sanmar Delivers Tug Trio to Jordan’s LNG Terminal
Turkish tug builder Sanmar Shipyards has delivered three more vessels to the Aqaba Port Marine Services Company (APMSCO) for the Sheikh Subah Al Ahmad Al Subah LNG terminal at Aqaba, Jordan. The overall contract comprises four 80-tonne bollard pull specially modified Terminal RAstar 2800 ASD tugs, t
Sanmar Delivers Tug Trio to Jordan’s LNG Terminal
Turkish tug builder Sanmar Shipyards has delivered three more vessels to the Aqaba Port Marine Services Company (APMSCO) for the Sheikh Subah Al Ahmad Al Subah LNG terminal at Aqaba, Jordan. The overall contract comprises four 80-tonne bollard pull specially modified Terminal RAstar 2800 ASD tugs, t
Fincantieri’s Profit Slashed
In the first half of 2015 Italian shipbuilding major Fincantieri posted a profit of EUR 12 million (USD 13.1 million), cut by a half when compared to the profit of EUR 24 million in the first half of 2014. Profit loss for the period amounted to a negative EUR 19 million for the first half of [&helli
Fincantieri’s Profit Slashed
In the first half of 2015 Italian shipbuilding major Fincantieri posted a profit of EUR 12 million (USD 13.1 million), cut by a half when compared to the profit of EUR 24 million in the first half of 2014. Profit loss for the period amounted to a negative EUR 19 million for the first half of [&helli
Poseidon Goes Public
Containership operator Poseidon Containers Holdings Corp. launched on Tuesday its initial public offering of 15.4 million common shares targeting to raise $231 million in net proceeds. The company will grant the underwriters a 30-day option to purchase up to 2.3 million additional common shares. The
Poseidon Goes Public
Containership operator Poseidon Containers Holdings Corp. launched on Tuesday its initial public offering of 15.4 million common shares targeting to raise $231 million in net proceeds. The company will grant the underwriters a 30-day option to purchase up to 2.3 million additional common shares. The
Golar LNG Bags Financing for GoFLNG Hilli
Golar LNG Limited has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd (CSSCL) for conversion financing and sale and leaseback transaction for the GoFLNG Hilli. Under the project, Golar LNG’s ex-LNG Carrier Golar Hilli will be converte
Golar LNG Bags Financing for GoFLNG Hilli
Golar LNG Limited has received an underwritten financing commitment for its first GoFLNG project from CSSC (Hong Kong) Shipping Co. Ltd (CSSCL) for conversion financing and sale and leaseback transaction for the GoFLNG Hilli. Under the project, Golar LNG’s ex-LNG Carrier Golar Hilli will be converte
OPV Market in Growth Mode
The total number of Offshore Patrol Vessels (OPVs), the fastest growing segment of the naval vessels market, ordered last year marked a 4 percent increase, while the number of planned orders has also increased by 4 percent, OPV Market Report for 2015-2016 by Defence iQ finds. At least 24 countries a
OPV Market in Growth Mode
The total number of Offshore Patrol Vessels (OPVs), the fastest growing segment of the naval vessels market, ordered last year marked a 4 percent increase, while the number of planned orders has also increased by 4 percent, OPV Market Report for 2015-2016 by Defence iQ finds. At least 24 countries a