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Shipbuilding

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Business & FinanceNews
Norfolk Shipyard Gears Up to Repair USS Wasp
Shipbuilding

Norfolk Shipyard Gears Up to Repair USS Wasp

The Norfolk Shipyard is gearing up to repair the US Navy’s amphibious assault ship USS Wasp (LHD 1) having secured a contract modification for the vessel’s planned maintenance availability. “We’re thrilled to welcome the U.S. Navy’s amphibious assault ship, USS Wasp (LHD 1), to our Norfolk, VA shipy

about 13 years ago
China: COSL Buys Two Platform Supply Vessels
Shipbuilding

China: COSL Buys Two Platform Supply Vessels

China Oilfield Services Limited (COSL) announced that it has purchased two newly-constructed platform supply vessels (PSVs) built by Xiamen Shipbuilding Industry Co., Ltd. The vessels belong to the same KCM75M model and each of them has an overall length of 75 meters, an overall deck area of 700 sq.

about 13 years ago
Fincantieri, Krylov Institute Form New Shipbuilding Research Alliance
Shipbuilding

Fincantieri, Krylov Institute Form New Shipbuilding Research Alliance

Fincantieri, one of the world’s top shipbuilding groups, and the Krylov State Research Centre of Russia, one of the world’s most prestigious centres for shipbuilding research, have signed a framework agreement with the aim of jointly developing new projects for technological innovation within the in

about 13 years ago
MIE to Represent Eco Marine Power in Greek Shipping Market
Shipbuilding

MIE to Represent Eco Marine Power in Greek Shipping Market

Eco Marine Power (EMP) has taken a major step towards bringing its sustainable shipping technologies to the market by announcing today that it has entered into a commercial agency agreement with MIE Company Ltd (MIE) of Greece. Under the terms of the agreement, MIE will promote solutions and product

about 13 years ago
CSSC Chengxi Shipyard Secures Order for Two Bulk Carriers
Shipbuilding

CSSC Chengxi Shipyard Secures Order for Two Bulk Carriers

CSSC Chengxi Shipyard has secured a contract from Greek shipping company Dalnave Navigation Inc. to build two 64,000-dwt bulk carriers. The bulk carriers will incorporate SDARI design of ultramax vessels with energy-efficient, environmentally-friendly, and economic characteristics. The design in que

about 13 years ago
Aircraft Carrier INS Vikramaditya Completes Its Sea Trials
Shipbuilding

Aircraft Carrier INS Vikramaditya Completes Its Sea Trials

Indian Navy’s aircraft carrier INS Vikramaditya (former Russian carrier Gorshkov) has completed its sea trials with flying colours and managed to achieve a top speed of 32 knots, reports The Hindu. Last year, the aircraft carrier was subjected to extensive trials for the first time. While a substant

about 13 years ago
UAE: Naming Ceremony for Workboat ‘Sea Delta’
Shipbuilding

UAE: Naming Ceremony for Workboat ‘Sea Delta’

On the 23rd of July, 2013 the ‘Sea Delta’ was named by sponsor lady Mrs. M.R. (Marilyn) Lawrence-Oostendorp. This name-giving ceremony took place at the Damen/Yard Albwardy in Sharjah, Dubai, the United Arab Emirates. Seacontractors and Damen Shipyards Hardinxveld look back on a festive event of thi

about 13 years ago
Dynagas Receives Two New Ice-Class LNG Carriers from HHI
Shipbuilding

Dynagas Receives Two New Ice-Class LNG Carriers from HHI

The lead ships classed by Lloyd’s Register incorporate advanced design, containment and operational features as well as the ability to cope with the harsh operating environment of the Arctic and cold places. Dynagas, the liquefied natural gas (LNG) shipping arm of the George Prokopiou shipping enter

about 13 years ago
India: New Addition to DCI’s Fleet
Shipbuilding

India: New Addition to DCI’s Fleet

Dredging Corporation of India Ltd has announced that a new Trailer Suction Hopper Dredger DCI Dr. XX with 5500 Cu.M Hopper capacity has been dedicated to the Nation by Honourable Minister of Shipping, Government of India on July 26, 2013. The dredger that was procured at a cost of Rs. 528 crores fro

about 13 years ago
Vietnam: Strategic Marine Launches Crew Vessel ‘Jati Six’ for Dinasti Jati
Shipbuilding

Vietnam: Strategic Marine Launches Crew Vessel ‘Jati Six’ for Dinasti Jati

On July 24, specialist boatbuilder Strategic Marine launched the Jati Six crew transfer vessel for Malaysian client Dinasti Jati Sdn Bhd. The vessel is part of a multi-ship order. The superstructure was built at Strategic’s other shipyard in Vietnam then shipped to their Singapore yard for technical

about 13 years ago
Otto Marine Enters Sale and Charter Agreements for Two AHTS Vessels
Shipbuilding

Otto Marine Enters Sale and Charter Agreements for Two AHTS Vessels

Otto Marine Limited, an offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, announced that it has entered into a sale and leaseback deal with a renowned unrelated third party for 2 units of the large Anchor

about 13 years ago
Top News of the Week July 22 – 27, 2013
Shipbuilding

Top News of the Week July 22 – 27, 2013

DSME Bags USD 595 Million Worth Drillship Order VANTAGE Drilling has placed an order with South Korea’s Daewoo Shipbuilding & Marine Engineering for the construction of a new drillship. According to the DSME’s regulatory filing from July 19, the order is estimated to be worth around $595 million. Co

about 13 years ago
Golar LNG Signs Financing Agreement for Newbuild Vessels
Shipbuilding

Golar LNG Signs Financing Agreement for Newbuild Vessels

Golar LNG Limited announced today that it has executed a USD $1.125 billion financing agreement to fund the first 8 of its 13 newbuild vessels and FSRUs. The facility is divided into three tranches: A term loan of USD $450 million funded by a consortium of lenders and guaranteed by a 95% Korea Trade

about 13 years ago
Teekay LNG Exercises Options for Two LNG Carriers
Shipbuilding

Teekay LNG Exercises Options for Two LNG Carriers

Teekay LNG Partners L.P. today announced that during the past week it had exercised two of its three existing options with Daewoo Shipbuilding & Marine Engineering Co., Ltd., (DSME) of South Korea for the construction of two 173,400 cubic meter liquefied natural gas (LNG) carrier newbuildings for de

about 13 years ago
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