2012 is a critical year for the IMO Ballast Water Convention and for Swedish oil products supplier Nynas AB. According to industry sources, it will be the year that the Convention will see ratification. It will also be the year that Nynas will commission chemical-free Alfa Laval PureBallast onboard
The community of Ulstein is selected as the most attractive amongst 438 Norwegian communities. Minister of Local Government and Regional Development Liv Signe Navarsete visited Ulsteinvik to deliver the news, and together with the mayor Jan Berset they paid Ulstein Group a visit. Ulstein Group is a
BLRT Marketex, a subsidiary of BLRT Grupp AS, and BMT Nigel Gee Ltd (BMT), a subsidiary of BMT Group Ltd, have signed an agreement whereby BMT will provide vessel designs to BLRT Marketex. The relationship has provided immediate success with an outline agreement announced for BLRT Marketex to constr
Yantar shipyard, based in Kaliningrad-Russia, on Friday successfully launched Project 11711 large landing ship named Ivan Gren. The first ship in the class was laid down on 23 December 2004. The hull of the Ivan Gren was completed by the end of November. The ship is designed for landing operations,
SinOceanic III AS (Sino III), a wholly owned subsidiary of SinOceanic Shipping ASA, took delivery of MSC Regulus (13.100TEU) today and placed her on a 15 years bareboat charter party with MSC SA, Geneva, the world’s second largest container line, at a rate of USD 46.650,- daily. The purchase price o
During a festive ceremony in Bremerhaven today, RWE Innogy is naming one of its two offshore installation vessels. The vessel “Victoria Mathias” will build the wind farm “Nordsee Ost” around 30 kilometres north of the island of Heligoland from its base port Bremerhaven. The wind power station with a
Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has been contracted to supply a complete Back Deck handling system for ‘Sanco Sword’, Sanco Shipping’s second 16 streamer vessel under construction at the Kleven Maritime Myklebust Shipyard. The vessel will be operated by Dolphin Geo
Rolls-Royce, the global power systems company, has won an order to supply propulsion equipment for three new ships commissioned by the Turkish Navy. Istanbul Shipyard will design and build one Submarine Rescue Mother Ship (MOSHIP) and two Rescue and Towing Ships at their yard in Tuzla. Rolls-Royce w
BMT Group Ltd, the international design, engineering and risk management consultancy, announced today that it has achieved robust financial results, despite another year of challenging economic conditions across much of the world. Revenues from continuing businesses rose 8% to £127m and underlying o
The seabed-to-surface engineering, construction and services contractor to the offshore energy industry Subsea 7 has ordered the OCTOPUS suite of products for the recently delivered Pipelay/Heavy Lift vessel Seven Borealis. This latest addition to the Subsea 7 fleet is a state-of-the-art vessel that
On Saturday morning, May 19, in Saint-Nazaire, France, MSC Divina was officially delivered to MSC Cruises at the STX France shipyard. During the traditional flag ceremony, the shipyard’s pennant and the French flag were lowered, accompanied by the French national anthem, before Laurent Castaing, Gen
Fairstar Heavy Transport N.V. (FAIR) has signed a USD 247 million syndicated loan facility led by ING Bank. The facility provides the necessary liquidity to satisfy the outstanding payment obligations to Guangzhou Shipbuilding International (GSI) due under the construction contracts for the 50,000 D
A new, larger and more powerful CSD650 joins the Damen Standard series of Cutter Suction Dredgers. The addition to the range results from a buoyant demand in the market and the continuous innovation of Damen Dredging Equipment, based on years of experience. The CSD650 is past its drawing table stage
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that on May 16, 2012 it took delivery of the newly-built m/v “Philadelphia”, a Newcastlemax dry bulk carrier of 206,040 dwt that was contracted in April 2010. As previously