The executive committee of Euronav NV announced that the company sold the Newbuilding Suezmax Cap Isabella (2013 – 157,648 dwt) for a selling price of USD 54,000,000 and that the vessel will be delivered to its new owner upon delivery from Samsung Heavy Industries due to happen by the end of the mon
The sixth tanker of RST22M Project named Bakhtiar Vahabzade, built by the Besiktas Shipyard for Palmali Group, was delivered to the owner on 15 March 2013. In total ten vessels of Project RST22M were ordered by Palmali Group from Besiktas Shipyard. The Shipyard plans to perform all orders by the end
Babcock has been awarded a four year contract by the UK MoD for the manufacture, supply, repair and provision of technical services for maritime constructive engineering equipment for all Royal Navy ships and submarines. Under the £11m+ contract Babcock will supply a core project management service
Adria Winch, together with its partner Seaonics AS, has recently won a contract to supply deck equipment for two STX OSV’s Offshore Subsea Construction Vessels of 11 L design. The vessels are currently being built in STX OSV Brattvaag Shipyard for a Norwegian owner, Siem Offshore. Under the contract
Rolls-Royce plc has received the Green Ship Technology Award for its Environship concept – a revolutionary design and system solution for cargo ships that reduces CO2 emissions by up to 40 per cent compared to similar diesel powered vessels. The Environship, which can be adapted for different ship t
On March 15, 2013, MSC FLAMINIA has left the Jade-Weser-Port in Wilhelmshaven. The vessel is put out to sea without any further occurrences and set a course for the North Sea. MSC FLAMINIA’s destination are the Daewoo shipyards in Mangalia, Romania, where the ship will be overhauled. The voyage to R
Just a few months after opening an office in Stavanger, Damen Shipyards is set to deliver a second Stan Tug to a Norwegian owner – EB Marine A/S – a family-owned diving company, which is one of the oldest diving companies in Norway. This latest order for a Stan Tug 1204 follows an order for [&hellip
On Thursday, March 14th, Shipyard Ferus Smit GmbH., Leer delivered MV Reestborg to Royal Wagenborg. This multi-purpose vessel of 23,000 tons, measuring in length nearly 170 meters and in width 20.40 meters, is the largest vessel Wagenborg has ever owned. This is also the largest ship ever to be buil
Prospector Offshore Drilling S.A. announced today that it has entered into, and made effective, two independent shipyard contracts (“Shipyard Contracts”) with Shanghai Waigaoqiao Shipbuilding Co. Ltd (“SWS”) Shipyard in Shanghai, China for the construction of two additional high specification harsh
Capital Product Partners L.P. announced, on Friday, an agreement to issue 9.1 million Class B Convertible Preferred Units (“Class B Preferred Units”) to funds managed by Kayne Anderson Capital Advisors, L.P. and Oaktree Capital Management, L.P. as well as and the Partnership’s Sponsor, Capital Marit
In a shipyard in South Korea workers are building the world’s largest ships – Maersk Line’s 400m long Triple-E container vessels. Maersk and Discovery Channel have teamed up to bring you every stage of construction from design to maiden voyage. In this six episode TV-series, Discovery Channel has ex
On March 13, 2013 Vroon announced the order of two newbuilding platform-supply vessels (PSV) at Fujian Southeast Shipyard in China, with an option for two additional vessels. The two 78-metre PSVs (KCM design) are scheduled for delivery during 2015 and will be operated by Vroon Offshore Services. “W
The new cruise ship, AIDAstella, was christened at a special ceremony held in Warnemünde on the evening of March 16, 2013. The most emotional moment was the remarkable ceremony in the Theatrium when a total of ten godmothers performed the actual christening with the words: “You exquisite ship, we ch
MV Royal Grace Freed by Pirates after One Year On 8 March 2013 EU Naval Force (EU NAVFOR) flagship ESPS Méndez Núnez provided much-needed assistance to the crew of chemical tanker MV Royal Grace after the vessel was unexpectedly released by Somali pirates. The pirates had held the vessel after attac
