NFDS Offshore 2 AS has entered into a shipbuilding contract to finalize a large anchor handling tug supply vessel (AHTS) with NorYards Fosen AS. The contract is conditional on the planned finalization of the asset transfer agreement between Bergen Group ASA and Calexco S.a.r.l. The work will be perf
Keppel Offshore & Marine Ltd, through its wholly owned subsidiary, FELS Offshore Pte Ltd, has signed a management services agreement with Titan Petrochemicals Group Limited and Titan Quanzhou Shipyard Co. Ltd , to manage the TQS shipyard. TQS, located in Quanzhou in Fujian Province, is one of the la
The newbuilding H1071, Avance Gas’ very large gas carrier (VLGC), currently under construction at Jiangnan Changxing Heavy Industry, in China caught fire earlier today. It took firefighters over three hours to tackle the blaze and put it out completely. Fortunately no casualties or injuries have bee
Royal Dutch Shell and China National Petroleum Corp (CNPC) have signed a deal, under which the two companies will strengthen their cooperation in numerous business sectors. The two companies agreed to join forces in the development of both upstream and downstream energy businesses, CNPC said on its
Last week, the Marine Environment Protection Committee of United Nations’ International Maritime Organization (IMO) agreed which ships are to be covered by the future environmental regulations for voyages in polar areas. The environmental regulations of the Polar Code An international set of regulat
South Korea’s Hyundai Mipo Dockyard (HMD) has been awarded a $330.5 million contract to build ten product carriers for a Marshall Islands-based shipper. The deal, announced yesterday on the Korea Exchange, didn’t reveal many details on the vessel particulars and delivery dates. But one thing is for
An oil tanker sank on Tuesday in the Gulf of Thailand, southwest of Bangkok, about 4 km from the coast causing an oil spill in the area. The tanker was carrying up to 60,000 liters of oil sludge that has leaked. According to a local news agency, the tanker started to capsize on Monday after [&hellip
On 1st July 2014, the International Convention for the Safety of Life at Sea (SOLAS) will be amended to make the ‘Code on Noise Levels Onboard Ships’ mandatory for new vessels. IMO recognizes that high noise levels onboard ships could affect seafarers’ health and impair the safety of the ship. The p
Samsung Heavy Industries (SHI), one of South Korea’s ‘Big Three’ shipbuilders, announced today in its regulatory filing that it has won a $1.28 billion order for the construction of two drillships. The contract, signed yesterday with an Oceania-based owner, is this year’s first major deal for the sh
Austal Limited (Austal) has been awarded a contract from the Abu Dhabi National Oil Company (ADNOC) to design and construct two 45 metre high speed catamaran ferries. The contract is valued at approximately $30 million. The high speed ferries will be designed and constructed at Austal’s Philippines
Marine Diesel Services has commenced a construction on a 28m Catamaran Utility Vessel designed by Incat Crowther. The vessel will be delivered to Nordic Maritime. The new vessel will be built on the expertise and experience Incat Crowther demonstrated by vessels such as Unlimited, Limitless, Straigh
Following further constructive discussions with the insolvency practitioner, the Nordic Yards shipyard group handed in a new, improved offer for the Stralsund maritime facility on Friday, April 4th 2014. “Shipbuilding remains an industry of the future with high growth rates in the markets in which N
Jeppesen has released an automated tool for converting existing ENC (Electronic Navigational Charts) data into the new S-101 format for next-generation ENCs. The dKart S-101 Converter supports IMO and IHO efforts to implement a new generation of ENCs and ECDIS that are more user-friendly and incorpo
Golden Energy Offshore has entered into a shipbuilding contract with NANTONG RAINBOW OFFSHORE & ENGINEERING EQUIPMENTS CO.,LTD (ROC) in China for the construction of two PX121H Platform Supply Vessels (PSVs) from ULSTEIN, with the option to build two more vessels of the same design. The two confirme
