Shipbuilding production levels have remained at record high levels exceeding 50 million cgt for two consecutive years (2010 -2011), with 2012 forecasted to remain close to 2011 levels. However the orderbook that forms the contracted forward workload has diminished rapidly and tails-off to very low l
Croatian-based shipyard Brodosplit, hosted a keel laying ceremony for the second heavy lift vessel ordered by Jumbo Shipping, a leading Dutch heavy lift company. Construction of this type of vessels is the most complex project ever performed in Croatia. The heavy lift vessels with 152m in length, 27
Despite talks of capacity overload and poor market conditions, new ship orders are still coming in. Following in the footsteps of JO Tankers that placed an order of two Stainless Steel Chemical Tankers with Nantong Mingde Heavy Industry last week, an Italian shipping group Grimaldi also decided to a
DCNS and PIRIOU have entered into exclusive negotiations to set up a joint venture specialising in maritime security ships built to civilian shipbuilding standards. The project is part of both companiesʼ growth strategies and will expand their accessible markets. DCNS and PIRIOU aim to leverage thei
Together with the MOD’s Defence, Science and Technology Laboratory and Scottish Enterprise, the Technology Strategy Board (TSB) is investing up to £8m in collaborative R&D and fast-track projects to deliver viable solutions for more efficient marine vessels. The Technology Strategy Board is looking
Royal Imtech N.V. announced that it has recently received new marine services and maintenance orders worth approximately 82 million euro (USD 106.4 million). In its marine activities Imtech is focusing on among others on growth in services and maintenance and expansion of the number of services bran
FORAN has been the CAD/CAM used by Navantia for the structural design of the ALHD for the Australian Navy, “Canberra”. The vessel, the first of the two contracted by Navantia for this country, has been transferred to Australia after a two-month navigation in the heavy sea lift ship Blue Marlin. The
Reference is made to the stock exchange notice dated 17 August 2012 where Höegh LNG Holdings Ltd. announced that the Company had received commitment letters from four banks for a USD 250 million corporate facility for the financing of the FSRU to be delivered for the Klaipedos Nafta FSRU project in
MAN Diesel & Turbo has reported a healthy interest in its ultra-long-stroke G-type engine with orders for the high-efficiency steadily growing. Most recently, Piraeus-based Polembros and U-ming of Taiwan have placed orders for a further six engines, bringing the current number of G-type orders up to
COSCO Corporation (Singapore) Limited announced that its subsidiary COSCO (Guangdong) Shipyard, has secured a contract from a European company to build two bulk carriers of 35,500 dwt each. Both vessels are scheduled for delivery in the second half of 2014. The total contract value for the above two
3.MAJ shipyard based in Rijeka, Croatia delivered yesterday, on November 27th,’BIT REDO’ tanker to PEGASUS BV, a Dutch company operating from Amsterdam. The tanker has been taken over from Kraljevica shipyard, after the latter was closed due to financial difficulties. ‘BIT REDO’ is a 108 meter long
The Havyard 843 CD designed vessel, Kan Tan 225, has been named and delivered to the major oil corporation of Sinopec in China. This is the first edition of the next generation of medium-sized AHTSs. Kan Tan 225 is designed by Havyard Group AS, with main offices in Fosnavåg in Sunnmøre, Norway and a
Last week the first “Animal” Multipurpose Catamaran was launched, the first ship in a series of high speed crafts. With this highly innovative support vessel for the offshore industry, VEKA Group has developed a very powerful workboat, specialized in transporting technical personnel and working mate
Wärtsilä has been contracted to supply an integrated solution comprising ship design services and the power and propulsion system for a newbuild LNG powered Platform Supply Vessel (PSV). The contract has been signed with the Norwegian yard Hellesøy Verft, and this will be the eighth vessel built at
