Owner and operator of the world’s largest fleet of LNG tankers, Navigator Holdings Ltd. (Navigator) has raised $228 million after its initial public offering of 12,000,000 shares of its common stock priced at $19 per share. The offering was announced yesterday and Navigator expected to receive net p
Osiris Projects launched new coastal survey vessel MV Proteus designed to provide an excellent working platform for coastal survey operations. MV Proteus can work up to 60 miles from a safe haven under MCA Category 2 and has a maximum speed of 24 knots. The vessel benefits from a shallow draft of ju
Rolls-Royce has signed contracts to deliver an extensive package of ship equipment for ten anchor handling offshore vessels to the Malaysian ship builder Nam Cheong. The contract includes an option for equipment for additional future vessels. The Rolls-Royce scope of delivery includes both deck mach
COSCO (Zhoushan) shipyard completed a FPSO forebody for its overseas owner and the section started its delivery-journey on November 11 onboard a COSCO Shipping-owned semi-submersible vessel, MV ‘Xiang Rui Kou.’ The construction of the forebody was carried out in accordance with the high standards, e
A&P North East announced that the Subsea7 vessel’s Acergy Discovery and Rockwater 1 will be dry docked at the Tyne facility in November and December. For the Acergy Discovery the main SOW covers Thruster overhaul and general maintenance. The Rockwater 1 SOW covers Thruster overhaul, Lifeboat servici
The National Shipping Company of Saudi Arabia (Bahri) announced that its subsidiary Bahri Dry Bulk (owned 60% by Bahri and 40% by Arasco) signed with Bank Albilad on Wednesday, November 20, 2013, a Shariah compliant financing facility for SAR 420,000,000 (approx USD 112 million) to finance 70% of th
Qatar’s premier shipyard Nakilat-Keppel Offshore & Marine (N-KOM) has won the Ship repair/Shipyard award for the second consecutive year at the prestigious Seatrade Middle East & Indian Subcontinent Awards 2013. The award was presented to N-KOM at a ceremony on the evening of Monday 18 November 2013
Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received orders from Hyundai Heavy Industries Co., Ltd. (HHI) of Korea for four Ultra Steam Turbine (UST) plants to be installed in four LNG (liquefied natural g
Ensco plc is extending its ENSCO 120 Series of ultra-premium harsh environment jackup rigs with the order of ENSCO 123 for delivery in second quarter 2016. The rig will be built under a fixed-price shipyard construction contract with Keppel FELS Limited in Singapore. Including commissioning, systems
Yesterday marked an important milestone in the development of Royal Caribbean’s newest class of ships, Quantum class, with Anthem of the Seas receiving its first block as the keel was lowered into place. The keel-laying signifies the beginning of the ship’s physical construction. During the ceremony
McDermott International, Inc. announced today that one of its subsidiaries was awarded an Engineering, Procurement, Construction and Installation (EPCI) project for a customer in the Arabian Gulf. The value is approximately US$ 200 million and will be included in McDermott’s fourth quarter 2013 back
Powerful she pushes the water masses aside as she finds her way through the ocean. It almost seems as if the gigantic Stingray is flying over the water. With a length of 120 m, the Stingray is a huge factory at sea. She is Dutch Van Oord’s first shallow water pipe lay vessel. Her impressive [&hellip
Bristol Harbor Group, Inc. (BHGI) has been awarded a contract by the New York Power Authority (NYPA) to engineer, design and perform construction supervision support services for two new tug vessels. The tugs will be used primarily for deployment, retrieval and maintenance of an ice boom annually in
On the production site of Ferus Smit GmbH in Leer, Germany the launching of the m.v. Reggeborg, the largest vessel Wagenborg has ever owned, is scheduled for Wednesday, 18th of December at 11.00 hours. This launching promises to become a splash of huge proportions, as the Reggeborg is by far the lar
