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Shipbuilding

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Business & FinanceNews
FESCO Transportation Expands Its Fleet (Cyprus)
Shipbuilding

FESCO Transportation Expands Its Fleet (Cyprus)

FESCO transportation group fleet was increased by one more vessel – “FESCO Novik.” Delivery took place in the port of Limassol (Cyprus) on March 25, 2014. Container transportation vessel will work under the Russian flag and the homeport will be in Vladivostok. Gross tonnage is 707 TEU with the possi

about 12 years ago
Navig8 Adds Two More Tankers to Its Orderbook
Shipbuilding

Navig8 Adds Two More Tankers to Its Orderbook

Navig8 Chemical Tankers Inc has signed shipbuilding contracts for the construction of two 25,000 dwt IMO2 eco-design Stainless Steel Chemical Tankers to be built at Fukuoka Shipbuilding. The newbuildings are set for delivery in 2017. “We are experiencing robust growth for chemical tanker demand, in

about 12 years ago
Offshore Electrical Substation for Dong Loaded at STX France
Shipbuilding

Offshore Electrical Substation for Dong Loaded at STX France

The offshore electrical substation, built by the yard for Dong Energy was transferred over less than one kilometer between the pre-erection area and the outfitting dock, on Thursday March 27th at STX France Saint-Nazaire yard. Once there, it has been loaded onto a barge dedicated to its shipping to

about 12 years ago
Scorpio Buys Five and Charters Seven Vessels
Shipbuilding

Scorpio Buys Five and Charters Seven Vessels

Scorpio Bulkers Inc. has entered into agreements to purchase four Capesize dry bulk vessels currently under construction at Daehan Shipbuilding Co., Ltd. in South Korea and to construct an additional Capesize dry bulk vessel at Sungdong Shipbuilding & Marine Engineering Co., Ltd. The transaction con

about 12 years ago
Excelerate Energy Names Its New FSRU at Daewoo Shipyard
Shipbuilding

Excelerate Energy Names Its New FSRU at Daewoo Shipyard

Excelerate Energy celebrated the naming ceremony for its newest floating storage and regasification unit (FSRU) “Experience” at Daewoo Shipbuilding & Marine Engineering’s (DSME) Okpo Shipyard, Korea, on March 20, 2014. The Experience, constructed to provide long-term service for Brazil’s Petrobras,

about 12 years ago
Gray Offshore Takes Over Ocean Deck Barge from Poland
Shipbuilding

Gray Offshore Takes Over Ocean Deck Barge from Poland

Gray Offshore took delivery of a 300’x100’x19’10” ABS Classed Ocean Deck Barge from Conrad Shipyard L.L.C. The Barge “Julius” is the first project delivered from Conrad Shipyard’s newest facility, Deepwater South, in Amelia, LA. Dan Conrad, Senior Vice President, states “To be able to deliver barges

about 12 years ago
Fearnleys: 31 Ships Ordered Last Week
Shipbuilding

Fearnleys: 31 Ships Ordered Last Week

Fearnleys Weekly newbuilding report said that in total 31 ships were ordered last week. Navig8, who recently made contracts for potentially up to 20 wide beam LR1 type product carriers, have added another six VLCCs to their orderbook. A Suezmax order surfaced as CM Lemos went to Hyundai Heavy for tw

about 12 years ago
ABB Secures Order for 1st Yamal LNG Tanker
Shipbuilding

ABB Secures Order for 1st Yamal LNG Tanker

ABB, a multinational corporation headquartered in Zurich, Switzerland, has won a contract to deliver power and propulsion plants for the first of sixteen ARC7 ice-class tankers for the Yamal LNG project. The scope of delivery includes ABB turbochargers, generators, switchgear, transformers, frequenc

about 12 years ago
UK Manufactured Content Key to Renewable Energy Growth
Shipbuilding

UK Manufactured Content Key to Renewable Energy Growth

Despite recent project development delays and regulatory uncertainty, the UK wind energy market continues to offer a significant opportunity to develop a world class manufacturing and supply chain base that can deliver competitive industry content in the future. However, with over 30,000 offshore wi

about 12 years ago
TMD Seeks for Composite Boat Builder in the North East UK
Shipbuilding

TMD Seeks for Composite Boat Builder in the North East UK

The news by Siemens & ABP of a GBP 310 million investment in the offshore wind energy industry and the follow on effects for further investment in the offshore wind energy supply chain hits right at the heart of Trawlercat Marine Designs’ (TMD) first step into this industry, the company’s President

about 12 years ago
Rosetti Marino Delivers PSV HIGHLAND PRINCESS
Shipbuilding

Rosetti Marino Delivers PSV HIGHLAND PRINCESS

Rosetti Marino, an integrated Group providing engineering and construction services to the Oil & Gas industry worldwide, delivered platform supply vessel (PSV) HIGHLAND PRINCESS to Gulf Offshore N.S. on March 22nd 2014. The PSV is the second of the two sister ships which were ordered in October 2011

about 12 years ago
Jinglu Shipbuilding Inks Contract for AVEVA Marine Software
Shipbuilding

Jinglu Shipbuilding Inks Contract for AVEVA Marine Software

Penglai Zhongbai Jinglu Shipbuilding Co.,Ltd, has signed a new contract for AVEVA Marine™ software to address the current, challenging market situation and to future-proof its operations. The AVEVA technical team in China supported Jinglu Shipbuilding with a detailed evaluation exploring how AVEVA M

about 12 years ago
Construction of Wallenius’ New Vessel Starts Soon
Shipbuilding

Construction of Wallenius’ New Vessel Starts Soon

The new site office in Tianjin China will be open in less than two months. Steel cutting of the first Wallenius new post-panamax vessel is scheduled to 16th of June 2014. First delivery is planned for October 2015 and the last and fourth for the end of 2016. Visually the most striking difference fro

about 12 years ago
Safe Bulkers Nets $36.3 mln Arbitration Award
Shipbuilding

Safe Bulkers Nets $36.3 mln Arbitration Award

Safe Bulkers Inc., an international provider of marine drybulk transportation services, announced yesterday that it has collected the full amount worth $31.8 million for the advances paid to a shipyard for a cancelled Capesize vessel and $4.5 million for interest. The London arbitration tribunal rul

about 12 years ago
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