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Shipbuilding

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Business & FinanceNews
Update: Cammell Laird Strike Averted
Shipbuilding

Update: Cammell Laird Strike Averted

GMB members at Cammell Laird in Birkenhead have voted to accept an improved pay offer and have called off the dispute in the yard over pay. The new agreement will cover the next three years and will provide the workforce with a guaranteed increase in their pay rates says GMB. Albie McGuigan, GMB Reg

about 12 years ago
India Readying for LNG Carriers
Shipbuilding

India Readying for LNG Carriers

India’s plans to restructure its shipbuilding sector by venturing into construction of more complex ships will see an investment into Cochin yard worth USD 442 million (Rs 1,200 crore). The investment will be assigned for building a dry-dock for LNG ship construction, according to India’s shipping m

about 12 years ago
DSME Bags VLGC Duo
Shipbuilding

DSME Bags VLGC Duo

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has secured orders for two 84,000-cubic-meter very large gas carriers (VLGCs) from an Asian client. The price tag of the two vessels, to be built at Okpo yard, stands at a total of USD 160 million. The delivery of the vessels i

about 12 years ago
Scorpio Rejuvenates Tanker Fleet
Shipbuilding

Scorpio Rejuvenates Tanker Fleet

Scorpio Tankers Inc., a global provider of marine transportation for petroleum products, announced today that it has added seven newbuilding vessels to its fleet, all recently delivered. The deliveries are as follows: STI Madison and STI Park, LR2 product tankers, were delivered from Hyundai Samho H

about 12 years ago
Image of the Day: GDI’s Dukhan Standing Tall
Shipbuilding

Image of the Day: GDI’s Dukhan Standing Tall

The image depicts jack-up rig Dukhan, delivered last month to Gulf Drilling International Ltd. (GDI) of Qatar by its builder Keppel FELS Limited, a wholly owned subsidiary of Keppel Offshore & Marine. Keppel FELS has secured a contract from GDI to build a repeat high-specification KFELS B Class jack

about 12 years ago
Greathorse Chemical Secures Major Cash Injection
Shipbuilding

Greathorse Chemical Secures Major Cash Injection

Standard Chartered Private Equity (SCPE) and Tiger Group Investments are going to invest USD 95 million in Shanghai-based Greathorse Chemical, an owner and operator of modern small to mid-sized chemical tanker vessels. Other unnamed financial investors are investing an additional USD 65m in Greathor

about 12 years ago
Triyards’ Liftboat Orderbook Filling Up
Shipbuilding

Triyards’ Liftboat Orderbook Filling Up

Triyards Holdings Limited, an offshore vessel fabrication and engineering solutions provider to the oil and gas (O&G) industry, has added another liftboat contract worth USD 50.5 million to its orderbook, the company announced in a release. The order for the new unit comes soon after TRIYARDS’ two o

about 12 years ago
Knutsen Charters Out Newbuildings
Shipbuilding

Knutsen Charters Out Newbuildings

On September 12, 2014, Knutsen NYK Offshore Tankers entered into new long-term charters with a subsidiary of BG Group plc. to provide shuttle tanker services in Brazil. The contract with BG will be serviced by two Suezmax-size DP2 shuttle tanker newbuildings to be constructed by Hyundai Heavy Indust

about 12 years ago
Update: Ferguson Shipbuilders Remains Scottish
Shipbuilding

Update: Ferguson Shipbuilders Remains Scottish

GMB Scotland commented on the formal acquisition by Jim McColl of the Ferguson Shipbuilders in Port Glasgow, and the announcement that the company will be renamed Ferguson Marine Engineering Ltd and will service the oil and gas, marine and renewables sectors. Last month the Ferguson Shipbuilders cal

about 12 years ago
IMO Finalizes LNG Use Rules
Shipbuilding

IMO Finalizes LNG Use Rules

United Nations’ International Maritime Organization (IMO) has finalized draft consolidated, internationally binding regulations on the use of liquefied natural gas. The regulations were finalized at the annual session of the IMO Sub-Committee on the Carriage of Cargoes and Containers (CCC 1), where

about 12 years ago
NASSCO Kicks Off 5-Tanker Construction Project
Shipbuilding

NASSCO Kicks Off 5-Tanker Construction Project

General Dynamics NASSCO and City of San Diego Mayor Kevin Faulconer signaled the start of construction of five American Petroleum Tankers at a steel cutting ceremony for the first tanker, the APT-1, at the NASSCO shipyard in San Diego. “Today’s start of construction ceremony signifies our ongoing re

about 12 years ago
Indonesia Joins IMO’s Fouling and Bunker Treaties
Shipbuilding

Indonesia Joins IMO’s Fouling and Bunker Treaties

Indonesia has officially acceded to the International Convention on the Control of Harmful Anti-fouling Systems on Ships and the International Convention on Civil Liability for Bunker Oil Pollution Damage. H.E. Mr Teuku Mohammad Hamzah Thayeb, Ambassador and Permanent Representative of Indonesia to

about 12 years ago
Image of the Day: Yearning for the Seas
Shipbuilding

Image of the Day: Yearning for the Seas

Mesmerizing view of Kleven’s Myklebust Verft in Gursken immersed into the sunset. The image shows sea steel giants undergoing maintenance at the yard, which look as if they yearn to return to the sea. [mappress] World Maritime News Staff, September 12, 2014; Image: Kleven/copyright@Eivind Frøystad

about 12 years ago
DNV GL to Class Largest Ethane Carriers Yet
Shipbuilding

DNV GL to Class Largest Ethane Carriers Yet

Hartmann Schiffahrts Gmbh & Co. KG, Jaccar Holdings, HB Hunte Engineering and DNV GL, signed a letter of intent for the classification of five ECO STAR 85k very large ethane carriers. Mr Jean Labescat from Jaccar Holdings, Mr Ulrich Adami, Technical Director of Hartmann Schiffahrts GmbH & Co. KG, Mr

about 12 years ago
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