Hyundai Mipo Dockyard Co. (HMD) from South Korea has secured two contracts from which the yard will make USD 607.6 million in total. Namely, Hyundai Mipo has been awarded a contract for the construction of 14 (fourteen) product tankers worth USD 572.6 million. The vessels have been ordered by Britai
Mainboard-listed JES International Holdings Limited, a major private shipbuilding group based in the PRC, announced that the Group has commenced the steel cutting for its first two Platform Support Vessels (“PSV”) at its shipyard located in Jingjiang City, China. The UT 755 LN Platform Support Vesse
On December 4, Dutch shipyard de Hoop started the steel cutting of the 70×15.8 metre Platform Supply Vessel (PSV) for Delta Logistics Limited of Trinidad. This vessel heralds the next generation of De Hoop PSV’s, coming as a further development of De Hoop’s KISS design that was recently built and de
Japan Marine United Corporation (JMU) and IHI Corporation (IHI) agreed on the joint development of LNG fuel tank and supply system for LNG fueled container vessels for United Arab Shipping Company (UASC) headquartered in Dubai, UAE. These vessels are the UASC’s current newbuilding order of five 14,0
Atwood Oceanics, Inc. announced yesterday the delivery of the Atwood Advantage from the Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) shipyard in South Korea. The Atwood Advantage has departed the DSME shipyard and commenced its drilling services contract with Noble Energy, Inc. Followin
Shipyard De Hoop has won the award to design, build and deliver 10 new Platform Supply Vessels (PSV) to Abu Dhabi National Oil Company (ADNOC). The vessels of dimensions 65 x 15.8 metres will boast a true “design of the future”, meeting the highest international class notations within both operation
Tsakos Energy Navigation Limited yesterday reported the strategic partnership with Statoil, an international energy company headquartered in Stavanger Norway for the construction and chartering of five to nine purpose built Daewoo Aframax crude tankers with a contract term of five to twelve years in
Raytheon Company (RTN) has been awarded $75 million to complete remaining hardware and electronics for DDG 1000 and 1001, the first two ships of the Zumwalt-class of multimission destroyers. The award reflects exercised options under a previously awarded U.S. Navy contract. Raytheon’s progress on th
Japan’s Minister of Land, Infrastructure and Transportation Award, one of the highest awards in the eco-services category, was presented jointly to Nippon Yusen Kabushiki Kaisha, the Monohakobi Technology Institute, and Oshima Shipbuilding Co. Ltd. on December 12, in recognition of the NYK Group’s u
The first of a total of four 125 Class frigates for the German Navy was today christened “Baden-Württemberg” at a ceremony at the Hamburg site of ThyssenKrupp Marine Systems – a company of ThyssenKrupp Industrial Solutions. This is an important milestone in the construction program for the F125 Clas
Heerema Fabrication Group’s Vlissingen yard in the Netherlands yesterday celebrated the ceremonial first cut steel of the Gina Krog jacket, the largest launch jacket ever built at HFG for client Statoil Petroleum AS and destined for the Gina Krog field development in the central part of the North Se
Drydocks World and Maritime World, the internationally renowned provider of maritime and offshore services to the shipping, oil, gas and energy sectors, signed a MoU with MARS Fundusz Inwestycyjny Zamkniety (MARS Closed-End Investment Fund), a Warsaw, Poland based company, that manages multiple comp
Arctech launched the icebreaking multipurpose emergency and rescue vessel for the Russian Federal Agency of Sea and River Transport and to be operated by the FGI Gosmorspassluzhba (Russian Marine Emergency Rescue Service) on 12 December 2013 at Helsinki Shipyard. Baltika will be used in icebreaking,
Leading classification society has released its second version of the Guidelines for Gas Fuelled Ships. This updated version reflects the requirements for the design of natural gas fuelled ships based on the outcome of discussions held at IMO regarding the International Code of Safety for ships usin