Wärtsilä’s axial waterjets power the ‘Francisco’, the world’s fastest high speed ferry and the first fast ferry to utilize liquefied natural gas (LNG) as fuel. The vessel has successfully passed its sea trials and is now ready to commence commercial operations. Wärtsilä, the marine industry’s leadin
A steel cutting ceremony to signify the commencement of the construction of the first of four new class Crane/Workboats for Kuwait Oil Company (KOC) was held at Grandweld Shipyards in Dubai, United Arab Emirates on July 18, 2013. The contract was signed in February 2013, to design and build a series
The National Shipping Company of Saudi Arabia Bahri has taken delivery of a new 26,000 DWT vessel, specialized in general cargo, today in South Korea. The ship was named Bahri Tabuk and it was built by South Korean shipbuilder Hyundai MIPO. This is the third vessel delivered from a series of six ves
The Spanish Association of Naval and Oceanic Engineers just named ESVAGT AURORA as the Best Spanish Built Ship in 2012. The owner is Esvagt AS, company belonging to the Danish multinational A.P. Møller-Mærsk. The main missions of the vessel include providing stand-by assistance in emergency situatio
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. The vessel, to be named Cobalt Explorer, will be b
Damen Shipyards Group, a worldwide shipbuilder with forty self-managed shipyards, has launched IFS’s Enterprise Resource Planning (ERP) system at its Romanian branch in Galati. The IFS 7.5 go-live at the start of this week follows the system’s earlier implementation at Damen’s headquarters in Gorinc
TTS Group ASA has through its subsidiary TTS Offshore Handling Equipment AS (OHE) in Norway signed a contract for delivery of two offshore cranes worth approximately 50 MNOK (approx. USD 8.4 million). The contract is with a shipyard in China, and concerns delivery of two cranes for an offshore vesse
Ship management Company Leonhardt & Blumberg reported that the container vessel MV “HANSA BRANDENBURG” is currently being towed to Mauritius after salvors have successfully been able to make a towing connection during the weekend. A final decision on the port of refuge yet has to be made. Upon arriv
South Boats Isle Of Wight, the UK’s class-leading manufacturer of offshore wind farm crew transfer vessels, has launched its latest 24-metre DNV-class certified workboat. The vessel, that was officially named Iceni Victory earlier this morning, will now begin extensive sea trials before being formal
Simatech Shipping has inked its first containership order after 8 years for up to four 4,350-TEU wide beam boxships with China‘s Taizhou Kouan Shipbuilding. The deal with the privately owned yard marks a shift into a larger size of boxship for Simatech. The deal is for two firm orders and two option
China Rongsheng Heavy Industries Group Holdings Limited, a large heavy industries group in China, announced the delivery of its 380,000 DWT class Very Large Ore Carrier (VLOC) “VALE CAOFEIDIAN” to Vale S.A. (Vale) today. The vessel is the fourth 380,000 DWT class VLOC delivered by the Group this yea
Rafał Baniak, Undersecretary of State in the Ministry of Treasury, participated in the away meeting of the Treasury Commission at the Lotos Group on July 17, 2013. The visit to Pomerania was, above all, an opportunity to review the situation of the shipbuilding industry. Deputy Minister Baniak visit
Harkand is pursuing its investment strategy in Asia Pacific with the addition of a multi-million dollar new build ROV support vessel and the appointment of a new general manager to lead future growth. In the first of two major milestones for the group, the Harkand Harmony has been secured on a three
On July 19th, 2013, Delivery-Acceptance act for the second multipurpose salvage vessel of MPSV07 project “SPASATEL KAVDEJKIN” was signed. The vessel was built at Nevsky Shipyard. The owner of the vessel is The Direction of State Contractor of Marine Transport Development Program of Federal Marine an