Safe Bulkers, Inc. announced today that it has entered into a shipbuilding contract for the construction of one Japanese-built, drybulk Panamax-class vessel at an attractive price, with an expected delivery date in the first half of 2014. Including this acquisition, the Company has contracted to acq
On May 13, 2011 ThyssenKrupp AG decided on an integrated strategic development program to move the Group forward competitively and sustainably. It encompasses portfolio optimization, change management and performance enhancement. In connection with the portfolio optimization, the Group will be dives
Kleven Maritime has signed a contract with offshore ship owning company Ugland Offshore on the delivery of an advanced platform supply vessel. The vessel is to be delivered from Myklebust Yard in June 2012. “This is a very welcome signing, especially for our employees at Myklebust Yard,” says Ståle
Ithaca Energy Inc. announces progress on the BW Athena Floating Production, Storage and Offloading (FPSO) vessel. The FPSO conversion scope, which is the responsibility of BW Offshore, has proved to be more extensive than was envisaged at the start of the project. In spite of the increase in the amo
Knutsen NYK Offshore Tankers AS, of which NYK has a 50 percent share, has entered into a time-charter contract with Standard Marine Tønsberg AS, owned by ExxonMobil Exploration and Production Norway AS, for 10 years plus an option for a new built dynamic positioning 112,000 DWT offshore shuttle tank
Arctech Helsinki Shipyard has been awarded a contract to build a multipurpose emergency and rescue vessel for Russian Ministry of Transport. The contract has been awarded together with Shipyard Yantar JSC. The value of the order is about EUR 76 million. The project will start immediately and the ves
In pursuing efforts to gain international expansion, IHC Merwede is looking forward to declaring the acquisition of several Asian shipyards in the upcoming quarter Reuters reports. The global market leader for efficient dredging and mining vessels and equipment, IHC Merwede is well equipped for futu
Last week Holland Offshore, part of the Holland Shipyards Group, saw the launch of its 52,8 x 13,2 m tug Dutch Blue. With an expected delivery in the end of January, Holland Offshore will have a tug at its disposal that has some excellent qualities. The tug is powered by 2 x Wartsilla 8L20 1600kW pr
The 12,499 GT MS “Minerva” arrived at the yard on December 7th for extensive conversion lasting 83 days. After 15 years in service, owners Arctica Adventure & Cruise Shipping Ltd are having the 135.10 m long cruise ship converted for challenging future operation in the still-booming cruise shipping
Outstanding directional stability and a top speed of 30 knots – these are the most important features of the new pilot cutters operated by the Cuxhaven Piloting Association on assignments in the North Sea. The first vessel, the `Frya´, is currently undergoing trials and the second, the `Fresena´, wi
Green Yachts, an Italian design studio, presents a 24 metre concept that interprets the classic Riviera yacht for modern environmental sensibilities. The project Greenyachts Zero 80 was born from the pencil of Italian architects to cover the range of displacement boats market within 24 meters length
The European Commission has adopted revised rules for assessing state aid for shipbuilding to take account of the more specialised nature of today’s shipbuilding industry. The new framework, in particular, prolongs and streamlines the rules on aid for innovation in shipbuilding, which are unique in
Scana Industrier ASA has through its subsidiary Scana Volda AS, entered into an agreement with VT Halter Marine, Inc, Pascagoula, Mississippi, USA, for delivery of the main propulsion systems and controls for eight (8) offshore supply vessels (“OSV”). The equipment deliveries are planned for Septemb
Modernization of Project 1144 Orlan nuclear-powered missile cruiser Admiral Nakhimov will start at Sevmash shipyard after 2012; the emphasis will be put on enhancement of missile arms, said the shipyard’s director general Andrei Diachkov in the interview to RIA Novosti. Cruiser Admiral Nakhimov has
