Lamprell Plc. (LAM) has announced the completion of construction and delivery of the jack-up vessel “Hydra” to its client Seajacks. The vessel will depart the facility shortly en route to its next destination in the North Sea. The “Hydra” is the fourth vessel that Lamprell has built for Seajacks, th
Solstad Offshore ASA (SOFF) has taken delivery of a state-of-the-art construction service vessel (CSV) ‘Normand Reach’ from Vard, Aukra (Norway). Normand Reach is 121 meters long, 23 meters wide and has a working deck of approximately 1,300 square meters. The vessel is equipped with a subsea crane w
Shipbuilding yard Western Baltija Shipbuilding, which is a part of BLRT Grupp, has finished a turnkey project and delivered a multi-purpose cargo ship “Anetta”. According to Fjodor Berman, the Chairman of the Board of BLRT Grupp, building vessels from scratch, starting from the elaboration of a vess
Vard Holdings Limited (VARD) has entered into a Letter of Intent (LOI) with Nordic American Offshore Ltd. (NAO) for the design and construction of two Platform Supply Vessels (PSV), and an option for the third vessel. The vessels are of VARD 1 08 design, developed by Vard Design in Alesund, Norway.
Deep Sea Supply Plc. has entered into an agreement to acquire 10 PSVs. The total price paid for the 10 vessels including remaining CAPEX is $366 million, and the total broker value for the vessels is $ 419 million. Deep Sea Supply will raise approximately $200 million through a Private Placement to
Mein Schiff 3 Joins TUI Fleet TUI Cruises, has taken delivery of the Mein Schiff 3, the first out of two ordered from STX Finland Oy’s Turku Shipyard. First Post-Panamax Car Carrier for Japan Global transportation company NYK Group has taken delivery today of a new pure car carrier, Aries Leader, wh
Slow newbuilding activity has been reported over the past week with no orders announced for Dry bulk and Tankers, according to Fearnleys. Fincantieri has secured an order from MSC Cruises for two 154,000gt cruise vessels which will be the largest cruise vessels yet to be built by the Italian yard wi
ASL Shipyard (ASLS), a subsidiary of ASL Marine Holdings, has secured new shipbuilding contracts worth approximately $72.5 million for the construction of four vessels. Under the deal, ASL Shipyard will build three powerful and highly manoeuvrable Infield Support Vessels (of ART 100-42 class Rotor®
HM Naval Base in Portsmouth was lit up red, white and green as BAE Systems handed over the third of three new warships to the Royal Navy of Oman. AL RASIKH is a 99 metre corvette designed, built and delivered as part of Project Khareef. The Interim Acceptance ceremony was attended by dignitaries fro
IMO’s Maritime Safety Committee (MSC) had a busy schedule during its 93rd session, held from 14 to 23 May 2014 in London. Nevertheless, the outcome of the regulatory body’s meeting brought many good news for industry players with the adoption of various pending regulations. The MSC has approved, in
Rolls-Royce has secured a contract to design and equip a large offshore support vessel for Norwegian ship owner Island Offshore. The vessel, named Island Victory, will be a multi-functional design with a flexible operational profile, and will be one of the largest vessels in Island Offshore’s fleet.
Traditionally, the transportation of Liquified Natural Gas (LNG) has been done in LNG carriers that move the product in the most economical way from the producers to their final destination. LNG is then re-distributed via pipelines to the final users. But the same that other energy sources have been
Bergen Group ASA and Calexco S.a.r.l. have finalised the transaction regarding Bergen Group ASA’s sale of the majority interest in NorYards AS to Calexco S.a.r.l. The transaction is pursuant to the terms in the revised SPA announced on March 21st 2014. As from today, NorYards AS is owned 70 % by Cal
The first quarter of 2014 for France’s CMA CGM, the world’s third largest container shipping company, was marked by following seas, as the results were strong, in line with expectations. The shipping volumes were up 5.8% and the operating performance proved to be resilient (4.7% of revenues) thanks
