Canada will have to spend substantially more than planned CAD 2.8 billion (USD 2.5bn) to build a proposed fleet of six to eight Arctic/Offshore Patrol Ships (A/OPS), the Parliamentary Budget Office (PBO) said in its analysis. According to the PBO, it is more likely that, if there are no delays, four
Jiangsu Hantong Ship Heavy Industry signed a shipbuilding contract with CIMC ENRIC SJZ GAS on 26th October, 2014, for construction of the world’s first CNG carrier. The carrier, to be used for natural gas transportation between the islands of Indonesia and will be operated by Perusahaan Listrik Nega
Japan’s Hitachi Zosen Corporation has become the world’s first firm to receive first-time approval (FTA) for a selective catalytic reduction (SCR) system for marine engines from its licensor MAN Diesel & Turbo SE in the field of the design and manufacturing of marine diesel engines. The Internationa
Damen Shiprepair Rotterdam, part of Damen Shiprepair & Conversion, has been awarded a cruise repair and maintenance contract from MSC Cruises. The 2010-built cruise ship MSC Magnifica arrived in Rotterdam on October 20 and is berthed at the yard’s largest drydock, where the ship is expected to stay
Offshore Energy Exhibition and Conference 2014, one of the fastest growing gatherings of offshore professionals, has kicked off this morning in Amsterdam’s RAI Exhibition and Convention Centre. The conference was officially opened by Dr. María de Lourdes Melgar Palacios, Under Secretary Hydrocarbons
Royal Caribbean accepted delivery today of its newest cruise ship, Quantum of the Seas, from shipbuilder Meyer Werft, Royal Carribean said. The ceremonial exchange occurred at Bremerhaven, Germany where officials from Royal Caribbean met with Meyer Werft officials to officially welcome Quantum of th
Jiangxi Jiangzhou United Shipbuilding Company Limited (JJUSCL), an indirect wholly owned subsidiary of the China Ocean Shipbuilding Industry Group (COSIG), has entered into a strategic cooperation with Jianglian Heavy Industries Company to develop LNG carriers in China’s Jiangxi province. The partie
Canada’s shipbuilder Chantier Davie Canada has signed a cooperative agreement with Aecon Atlantic to work on marine-related projects aimed at providing greater geographical reach and flexibility, as well as sharing skills and knowledge on joint programs. Through the agreement the companies plan to c
Dutch Damen Shipyards has received an order to deliver two fast crew supply vessels to its Mexican client Naviera Integral. The contract signing ceremony was held earlier today during the Offshore Energy 2014 event, in the Amsterdam RAI, the Netherlands. Under the contract, Damen will deliver two ve
Scorpio Tankers Inc. today reported a minimal net loss of USD 1.2 million, or USD 0.01 basic and diluted loss per share for the three months ended September 30. For the nine months ended September 30, 2014, the company had net income of USD 51.6 million, or USD 0.29 basic and USD 0.28 diluted earnin
The welcoming ceremony for the liquefied natural gas (LNG) storage vessel Independence, built for the Klaipeda LNG terminal, has started in Klaipėda, Lithuania. According to the Lithuanian President Dalia Grybauskaitė, Lithuania has proved being able to adopt strategic decisions and implement energy
Costa Diadema, the fifteenth ship of Costa Cruises fleet, was presented by Costa Cruises and Fincantieri at the Marghera shipyard. Costa Cruises has invested a total of around EUR 550 million (USD 697m) in the construction of its new flagship. The project has involved approximately 1,000 shipyard wo
Clyde and Co: Ships with Fatigued Crew Unseaworthy If a ship’s crew doesn’t receive enough rest while trying to keep up with a ship’s schedule, there should be a regulatory framework under which the ship could be considered unmanned or unseaworthy, Law firm Clyde and Co claims… Read More BIMCO: Chan
Russia’s Nevsky Shipyard and the Direction of State Contractor of Marine Transport Development Program signed a contract for the construction of 4 multipurpose small-draft salvage vessels of MPSV12 project. Nevsky Shipyard got the right to conclude the given contract having won the open competitive
