Drydocks World has signed an Agreement with Malta Oil & Gas Ltd. for building two unique jack-up drilling rigs based on Gusto MSC CJ54-X135-A design. The Agreement was signed by His Excellency Khamis Juma Buamim, Chairman of Drydocks World & Maritime World and Mr. Paul Robert Thomson of Malta Oil &
Oslo-listed Höegh LNG has concluded a $412 million financing agreement for its two new floating storage and regasification units (FSRUs). Reference is made to the stock exchange notice dated 27 January 2014 where Höegh LNG announced that the company had received commitment letters from a group of ba
ThyssenKrupp Industrial Solutions AG, a subsidiary of ThyssenKrupp AG, and Saab AB today signed a non-binding Memorandum of Understanding. MoU is related to the sale of the Swedish shipyard ThyssenKrupp Marine Systems AB (formerly named Kockums) with operations in Malmö, Karlskrona and Muskö to Saab
Prelude FLNG (floating liquefied natural gas) project, being built at the Samsung Heavy Industries yard in Geoje (South Korea), is the latest in a line of Shell achievements in developing new technologies for the oil and gas industry, reinforcing its leadership in technology and innovation. Cris Mor
Russian Maritime Register of Shipping (RS) is to undertake ship construction survey for the Lukoil Group. RS has signed contracts for the whole range of classification and statutory services under the construction of an offshore salvage ship by Keppel Singmarine Pte Ltd in Singapore and two offshore
The first of three 27 metre Austal wind farm support vessels has successfully completed sea trials at Austal’s Philippine shipyard and is heading to Europe, where it will commence operations for Turbine Transfers. Christened Church Bay, the first Wind Express 27 catamaran will arrive in the UK in la
NYK has reached time charter agreements for eight new containerships, to be built at the Kure shipyard of Japan Marine United Co. Ltd., each capable of carrying 14,000 TEUs. These ships, which will be delivered from February 2016 through January 2018, will have improved fuel efficiency and cargo loa
The Liberian Registry said the entry of private equity funding into the ship finance market is helping to sustain its continued growth. Scott Bergeron, CEO of the Liberian International Ship & Corporate Registry (LISCR), the US-based manager of the Liberian registry, said, “Owners are ordering ships
UZMAR’s innovative, super silent Smart Tug ‘KOC MUSANED-2’ has returned to the shipyard’s Izmit Port, after the first stage of sea trials. This innovative, multi-purpose tug was designed by Robert Allan Ltd. who was able to integrate a very complex list of equipment to this 20.4m long boat. The ship
The U.S. Navy on Saturday christened the first ship of its newest class of destroyers, 610-foot-long warship, the USS Zumwalt (DDG-1000) at General Dynamics-Bath Iron Works shipyard in Bath, Maine. The lead ship and class are named in honor of former Chief of Naval Operations (CNO) Admiral Elmo R. “
Shipping activities in Arctic areas are certain to increase in the years to come and, as the Arctic is a challenging and diverse environment, knowing how to manage its risks will be crucial. Through case studies, DNV GL has estimated that the risk is nearly 30 per cent higher for a cruise ship and a
The International Labour Organization (ILO) in Geneva has today agreed in principle two key proposals for amendments to the Maritime Labour Convention (2006) (MLC) which will give seafarers better protection under the Code for repatriation and ship-owners’ liability. Global maritime welfare charity
Monaco-based Celsius Shipping has increased its current orderbook for 24,600 dwt stainless steel chemical tankers to ten firm vessels. Celsius and Nantong Mingde Heavy Industry recently signed a contract for the construction of seven more 24,600 dwt chemical tankers with options for additional four.
Elliott Bay Design Group (EBDG) has designed a steel hull, aluminum superstructure vessel which will be built by Nichols Bros Boat Builders (NBBB) for Wahkiakum County. The 115ft. x 47 ft. 6 in 23‐Car, 100 passenger ferry, named the M/V OSCAR B after former skipper and owner Oscar Bergseng, will run
