Fairstar Heavy Transport N.V. (FAIR) announced today that it intends to issue up to USD 335 million of five-year, senior secured debt securities in a private placement not registered under the U.S. Securities Act of 1933. The proceeds of the proposed offering will be used to re-finance the Company’s
This Abis Dublin, is a by Vuyk Engineering Groningen designed 6000 tonne twin screw, diesel-electric powered, multipurpose special cargo vessel. It has two separate engine rooms aft and a forward situated superstructure for accommodation and wheelhouse. The hull has a raked stem with a bulbous bow,
Last week, two twin axe catamarans of the successful Damen FCS 2610 type have been launched at Damen’s newbuilding yard in Singapore. Both vessels will be completed in the coming weeks after which they will be transported to the Damen yard in Gorinchem, The Netherlands where they will be delivered t
Late last year, Shipkits BV Shipbuilders in Groningen, signed contracts for the construction of three heavy lift vessels for Hartman Shipping on Urk. Eventually, there may be half a dozen of this design to be built, of which two of them for our customer Abis Shipping in Harlingen. The design of the
On July 5 and 6, 2012 the FSUE “Rosmorport” General Director A.V. Lavrishchev and First Deputy Director of Federal Marine and River Fleet Agency S.P. Gorelik made a working visit to the seaport of Kaliningrad. In the framework of the working trip, S.P. Gorelik and A.V. Lavrishchev visited the port i
Croatian-based shipbuilder BRODOSPLIT on July 10 delivered the bulk carrier MV Solin. On behalf of the owner the delivery documentation was signed by Mr. Branimir Kovačić, CEO of Jadroplov, and on behalf of shipyard by Mr. Neven Jug, Manager of commercial division. The dimensions of the bulk carrier
On Thursday 28 June 2012, STX Finland Oy’s Rauma Shipyard celebrated the flag-changing ceremony of the specialised vessel built for the Ministry of Fisheries and Marine Resources of the Republic of Namibia. The event was witnessed by representatives of the customer, the Namibian Ministry of Fisherie
VULKAN Couplings has extended the range of the enhanced performance ACOTEC couplings with the RATO R +. The drive specialist, which is based in Herne, is launching the initial sizes of the development and presenting it to specialists for the first time at SMM 2012, from 4th – 7th September in Hambur
The second in a trio of CTruk 20-tonne payload multi-purpose catamarans, ordered by Offshore Turbine Services for deployment at Lincs wind farm, was named in Brightlingsea. CTruk technicians and staff joined the owners on board the 20T MPC, ‘Captain P’, for the traditional blessing and bottle smash,
Rosatomflot has announced an open tender for the construction of the world’s largest nuclear-powered icebreaker. The company plans to take delivery of the vessel by the end of 2017. The as-yet unnamed icebreaker – the first of the LK-60 model to be built – will be 173 metres long and 34 metres wide,
The hull assembly of multipurpose emergency and rescue vessel for Russian Ministry of Transport was started at Yantar Shipyard in Kaliningrad, Russia 6 July 2012 with keel laying. The hull of the vessel will be shipped to Arctech Helsinki Shipyard for outfitting and finalizing in spring 2013. The mu
Wärtsilä, the marine industry’s leading solutions and services provider, has been awarded a long-term service agreement by global cruise operator Princess Cruise Lines Ltd. The contract covers seven Princess Cruise Lines vessels, each of which is powered by Wärtsilä 46 common-rail engines. In total,
Belfast based Harland and Wolff Heavy Industries Ltd has successfully completed the refurbishment of the SeaRose FPSO (floating production, storage and offloading vessel). Owned and operated by Canada-based Husky Energy, the SeaRose FPSO, which measures 272m by 46m, has been docked in Harland and Wo
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced yesterday the signature of an agreement in principle to supply a newbuild floating LNG regasification unit (FRU) to VGS Group of New Jersey, USA, for installation offshore India. The FRU, which will be owned by V