Navigator has entered into a contract with Jiangnan to construct a 35,000 cubic meter gas carrier for delivery in April 2016. This vessel will be the largest ethane gas carrier on the market enabling efficient transportation to customers for this essential petrochemical feedstock. The Company has an
Mercy Ships to Build New Hospital Ship Mercy Ships announced that it has reached an agreement with Asian and European shipbuilding firms to purpose-build a new 36,600-GRT hospital ship for Mercy Ships. Contracts were signed between Mr. Dong Qiang, VP of China Shipbuilding Industry Corporation (CSIC)
Mercy Ships announced that it has reached an agreement with Asian and European shipbuilding firms to purpose-build a new 36,600-GRT hospital ship for Mercy Ships. Contracts were signed between Mr. Dong Qiang, VP of China Shipbuilding Industry Corporation (CSIC), and Donald K. Stephens, President/ Fo
Astrakhan’s Krasnye Barrikady shipyard has begun construction of the living quarter platform (LQP-2) for the second stage of Vladimir Filanovsky field developed by LUKOIL in the Russian sector of the Caspian Sea. The shipyard will construct two bearing blocks, the topside of the LQP and a catwalk br
Viking Cruises yesterday announced the keel was laid for its first ocean cruise vessel, Viking Star, marking the next construction phase of the company’s first-ever ocean product. The ceremony took place on Wednesday, December 18, at Fincantieri’s Marghera shipyard outside Venice, Italy. Viking Star
Austal Limited announced the handover of a 79.8m RoPax Catamaran, the most recent iteration of its enduring Auto Express ferry range, to French Polynesian operator and repeat customer SNC Aremiti Ferry. The vessel is due to arrive in Papeete just before Christmas and will then enter service between
Ferus Smit shipyard in Leer (Germany) yesterday, Dec 18th, held a launching ceremony for the ice-classed multipurpose vessel m.v. Reggeborg. The vessel, with a cargo capacity of 23.000 tons, measuring nearly 170 meters in length and 20,40 meters in width, is the largest vessel Wagenborg ever owned.
United Arab Shipping Company (“UASC”) closed a US$ 1.25 bln multi-tranche syndicated loan facility (“Facility”) for the partial financing of seven 14,000 TEU container ships and five 18,000 TEU container ships. The Facility is part of a larger US$ 1.74 bln debt financing related to UASC’s announced
Bergen Group ASA has accepted an indicative term sheet from a bank syndicate for a refinancing of the Group. The refinancing will mainly be used to strengthen the liquidity of the Group’s ongoing shipbuilding projects, to be completed during first half of 2014. Bergen Group’s Shipbuilding Division h
Rolls-Royce has a won a contract to design and equip a new offshore support vessel for Island Offshore, to be built by shipbuilding group Vard. The platform support vessel is a Rolls-Royce design of type UT 776 CD, the second of this type ordered by Island Offshore this year. The UT 776 CD is an [&h
Flensburger-Schiffbau-Gesellschaft (FSG) today handed over the latest of four prototype newbuildings – the completed ROLLDOCK STAR for Dutch owners RollDock BV. The 151.50 metre long special ship is highly flexible in operation and also multi-functional. She is designed to carry demanding cargo and
Yara International ASA has entered into shipbuilding contracts with Hyundai Mipo Dockyard (HMD) for the construction and delivery of 2 mid-size LPG carriers with an expected cost per vessel of USD 51 million. Following an evaluation of current new-build and time charter rates, Yara has chosen to bui
Havyard has signed a contract with Norsk Fisketransport, a subsidiary of Namsos Trafikkselskap ASA, regarding design and construction of a Havyard 587 wellboat. The ship will be designed by Havyard Design and Solutions in Fosnavaag and is going to be constructed at Havyard Ship Technology`s shipyard
Systems integrator Alewijnse Marine Systems has been awarded the contract for the full electrical refit of the seismic vessel Polarcus Naila. The ultra-modern, 12 streamer 3D/4D seismic vessel will arrive in February 2014 at the Damen-owned yard Shipdock Amsterdam for a refit scheduled to last 35 da
