London-based liquefied natural gas shipping company Golar LNG Limited has executed agreements for conversion of the 126,000 m3 LNG carrier Gandria to a Golar floating liquefaction facility (GoFLNG) with Singapore’s Keppel Shipyard Limited (Keppel). The Gandria conversion contract marks the exercise
London-based liquefied natural gas shipping company Golar LNG Limited has executed agreements for conversion of the 126,000 m3 LNG carrier Gandria to a Golar floating liquefaction facility (GoFLNG) with Singapore’s Keppel Shipyard Limited (Keppel). The Gandria conversion contract marks the exercise
Oslo-listed ship owning company Ocean Yield ASA has taken delivery of the 37,000 dwt IMO II chemical tanker Navig8 Amessi from Korean shipbuilder Hyundai Mipo Dockyard. After being delivered from the shipyard today, the vessel commenced a 15 year-long “hell and high water” bareboat charter to Navig8
Oslo-listed ship owning company Ocean Yield ASA has taken delivery of the 37,000 dwt IMO II chemical tanker Navig8 Amessi from Korean shipbuilder Hyundai Mipo Dockyard. After being delivered from the shipyard today, the vessel commenced a 15 year-long “hell and high water” bareboat charter to Navig8
Turkish tug builder Sanmar Shipyards has delivered three more vessels to the Aqaba Port Marine Services Company (APMSCO) for the Sheikh Subah Al Ahmad Al Subah LNG terminal at Aqaba, Jordan. The overall contract comprises four 80-tonne bollard pull specially modified Terminal RAstar 2800 ASD tugs, t
Turkish tug builder Sanmar Shipyards has delivered three more vessels to the Aqaba Port Marine Services Company (APMSCO) for the Sheikh Subah Al Ahmad Al Subah LNG terminal at Aqaba, Jordan. The overall contract comprises four 80-tonne bollard pull specially modified Terminal RAstar 2800 ASD tugs, t
In the first half of 2015 Italian shipbuilding major Fincantieri posted a profit of EUR 12 million (USD 13.1 million), cut by a half when compared to the profit of EUR 24 million in the first half of 2014. Profit loss for the period amounted to a negative EUR 19 million for the first half of [&helli
In the first half of 2015 Italian shipbuilding major Fincantieri posted a profit of EUR 12 million (USD 13.1 million), cut by a half when compared to the profit of EUR 24 million in the first half of 2014. Profit loss for the period amounted to a negative EUR 19 million for the first half of [&helli
Containership operator Poseidon Containers Holdings Corp. launched on Tuesday its initial public offering of 15.4 million common shares targeting to raise $231 million in net proceeds. The company will grant the underwriters a 30-day option to purchase up to 2.3 million additional common shares. The
Containership operator Poseidon Containers Holdings Corp. launched on Tuesday its initial public offering of 15.4 million common shares targeting to raise $231 million in net proceeds. The company will grant the underwriters a 30-day option to purchase up to 2.3 million additional common shares. The
Daewoo Shipbuilding and Marine Engineering’s (DSME) shares have made a substantial comeback today as the Korean shipbuilder stepped up its restructuring efforts. Namely, Daewoo’s shares today traded at KRW 8,520 in Seoul, its largest daily gain since October 2014, after rising as much as 21 percent
Daewoo Shipbuilding and Marine Engineering’s (DSME) shares have made a substantial comeback today as the Korean shipbuilder stepped up its restructuring efforts. Namely, Daewoo’s shares today traded at KRW 8,520 in Seoul, its largest daily gain since October 2014, after rising as much as 21 percent
June 2015 has been a very fruitful month for Japanese shipyards that received 98 export orders totaling in 4,671,040 G/T, against 91 export orders totaling 3,392,460 G/T in the same period in 2014, data from Japan Ship Exporters’ Association (JSEA) shows. June figures provided considerable boost as
June 2015 has been a very fruitful month for Japanese shipyards that received 98 export orders totaling in 4,671,040 G/T, against 91 export orders totaling 3,392,460 G/T in the same period in 2014, data from Japan Ship Exporters’ Association (JSEA) shows. June figures provided considerable boost as