MOL Comfort Suffers Damage During Trip to Jeddah Mitsui O.S.K. Lines, Ltd. informed that the MOL-operated containership MOL Comfort suffered a crack amidships and ingressed water in the hold while under way from Singapore to Jeddah on the Indian Ocean on June 17, 2013 due to inclement weather. State
His Excellency Khamis Juma Buamim, Chairman of Drydocks World & Maritime World, held discussions on co-operation with Mr. Ravi K. Mehrotra CBE, Executive Chairman of Foresight Limited and Executive Chairman and Co-Chairman – Europe India Chamber of Commerce, Belgium, and in the presence of Mr. Ali B
Al Khalij Commercial Bank (al khaliji) QSC has provided financing for two Nakilat shipyard joint ventures, Nakilat-Keppel Offshore & Marine (N-KOM) and Nakilat Damen Shipyards Qatar (NDSQ) for $120m and US $40m respectively. Signing for the financing worth a total of $160m was held at Nakilat’s head
Mercy Ships to Build New Hospital Ship Mercy Ships announced that it has reached an agreement with Asian and European shipbuilding firms to purpose-build a new 36,600-GRT hospital ship for Mercy Ships. Contracts were signed between Mr. Dong Qiang, VP of China Shipbuilding Industry Corporation (CSIC)
United Arab Shipping Company (“UASC”) closed a US$ 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
National Chemical Carriers Ltd. Co. (NCC) of Saudi Arabia, a subsidiary of the National Shipping Company of Saudi Arabia (BAHRI) announced that the company received a new chemical tanker named “NCC FAJR” from Daewoo Shipbuilding and Marine Engineering Co. Ltd. (DSME) of South Korea on Wednesday, 18t
Hyundai Heavy Enters MOU on Development of MOBILE POWERSHIP Polaris Shipping Co., Ltd., Korea Midland Power Co., Ltd., Hyundai Heavy Industries Co., Ltd., and Siemens Energy Solutions Ltd. signed a Memorandum of Understanding at COEX Intercontinental Hotel in Seoul on December 10, 2013 to develop MO
Japan Marine United Corporation (JMU) and IHI Corporation (IHI) agreed on the joint development of LNG fuel tank and supply system for LNG fueled container vessels for United Arab Shipping Company (UASC) headquartered in Dubai, UAE. These vessels are the UASC’s current newbuilding order of five 14,0
Shipyard De Hoop has won the award to design, build and deliver 10 new Platform Supply Vessels (PSV) to Abu Dhabi National Oil Company (ADNOC). The vessels of dimensions 65 x 15.8 metres will boast a true “design of the future”, meeting the highest international class notations within both operation
Drydocks World and Maritime World, the internationally renowned provider of maritime and offshore services to the shipping, oil, gas and energy sectors, signed a MoU with MARS Fundusz Inwestycyjny Zamkniety (MARS Closed-End Investment Fund), a Warsaw, Poland based company, that manages multiple comp
Drydocks World the internationally renowned provider of maritime and offshore services to the shipping, oil, gas and energy sectors, created history in marine and offshore operations. A marvel of onshore engineering and production operations, this feat was achieved when Drydocks World lifted the 10,
Fire Broke Out on Ro-Ro Vessel CORONA SEAWAYS At around 02.30 this morning, 4 December 2013, a fire broke out on the ro-ro vessel CORONA SEAWAYS, while the vessel was en route from Frederica to Copenhagen. Drydocks World Signs LOI to Build World’s Largest Jack-Up Rigs Drydocks World the internationa
Drydocks World the internationally renowned provider of maritime and offshore services to the shipping, oil, gas and energy sectors, today signed a Letter of Intent (LOI) with Offshore Innovation Management Ltd., to build a series of AJ 62-X135 series of multi-purpose (accommodation & construction)
Grandweld Shipyards has completed the delivery of Bourbon Gannet, the third Hybrid Seismic Support Vessel in a series of six for Bourbon Offshore. The vessel was handed over in a delivery ceremony held on Saturday November 23, 2013 at Grandweld facilities at Dubai Maritime City. The 54metre length,
