Latest News – Page 778
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News
Shell awards floating LNG contracts to Technip and Samsung
Shell Gas & Power Developments BV (Shell) has signed a master agreement with a consortium comprising Technip and Samsung for the design, construction and installation of multiple floating liquefied natural gas (FLNG) facilities over a period of up to fifteen years. Shell and Technip-Samsung also signed a contract for execution ...
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Daehan inks Capesize pair
The Korean shipbuilder Daehan has recently signed a letter of intent with a shipowner of Marshall Islands on to build two 180,000 DWT bulk carriers at a cost of $70 million each. A formal contract is to be signed soon and, if the order is confirmed, the yard's orderbook would ...
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Petronet to buy two LNG carriers
India's Petronet LNG is planning to invest $520m for a pair of LNG carriers as part of a $3 billion investment for the Indian LNG terminal owner's Kochi-area regasification facility.Petronet has forged a deal with ExxonMobil to supply the terminal with gas from the Gorgon LNG export project in Australia ...
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NOAA plans new fisheries survey vessel
The National Oceanic and Atmospheric Administration (NOAA) in the USA has issued a Request for Proposals (RFP) for the construction of a new fisheries survey vessel, the fifth Oscar Dyson-class vessel designed for 40-day mission science deployments.The 'Oscar Dyson' was delivered by VT Halter Marine in May 2005 as the ...
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Green ship of the future
The Green Ship of the Future, the Danish maritime initiative, has received the International Environmental Award from the Sustainable Shipping organisation for being the most environmentally friendly shipping initiative. Sustainable Shipping is a leading organisation dedicated to promoting sustainable use of the sea. Among the judges was Dr. Simon Walmsley ...
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Chinese shipowner has ambitious newbuilding plan
Chinese coal shipper Guangdong Lanyue Energy Development Co is looking to add 20 more bulkers to its newbuilding tally in the next five years. Last week the company had already ordered 10 Supramaxes through its shipping subsidiary, Lanhai. The 57,000-dwt vessels, which were ordered at Yangfan Group Co and Xiamen ...
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Sasaki bailout
Following the recent cancellation of the order for five-chemical tanker by the Eitzen Group, Hiroshima Bank is formulating a bailout plan for the troubled Japanese shipbuilder Sasaki Shipbuilding. A Japanese shipowner has said that it would purchase three of the five tankers and charter the vessels to Stolt-Nielsen. A spokesman ...
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Propeller manufacturer ups capacity
Propeller manufacturer Stone Marine Singapore has invested in two new furnaces which will increase the melting capacity of the foundry in Singapore by over 50% in order to meet demand. The furnaces, which are currently being installed, have a capacity of 1,800kg each and, together with the firms existing furnaces, ...
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DSME to buy stake in Brazil yard
Daewoo Shipbuilding & Marine Engineering (DSME) is said to be in talks to buy as much as 20% in a Brazilian rival to seek orders from Petroleo Brasileiro (Petrobras).The local content clause is important to win Petrobras? projects and the deal with the unnamed Brazilian shipyard may be concluded by ...
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Croatia gets new ferry
Croatia?s national ferry line, Jadrolinjia, has added the ?Biokovo? to its fleet. This newly built double-ended ferry was the eleventh ferry to have been received by the company in the past five years. Built by Brodosplit Shipyard for $14 million, the vessel can accommodate up to 1,300 passengers and 138 ...
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Arctic support vessel for US yard
Edison Chouest Offshore has signed a $150m contract with Royal Dutch Shell to build an arctic support vessel. The US offshore vessel builder and owner also will operate the 110m vessel to support drilling rigs on Alaska's Outer Continental Shelf. Louisiana-based Chouest will build the ice-class unit at its LaShip ...
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German yard inks crucial order
German shipbuilding group Hegemann has received a ?100m ($143m) order for an offshore vessel from a Bremen-based owner, for delivery in 2011 subject to financing.It is not yet clear which shipyard of the group will build the vessel. Hegemann operates three shipyards: Peene Werft in Wolgast, Volkswerft Stralsund in Rostock-Warnemünde ...
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Sea4 selling pair on order
The Norwegian offshore company Sea4, established in July 2007, has been battling for several months to secure financing for the two IMR/Construction Support Vessels on order in Spain and has now signed a deal with a "significant and solvent player".Sea4 says the pact involves the takeover of two single ship ...
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ABS provides maintenance management software
ABS is now offering its clients powerful ship inspection and maintenance management software to be placed in the office and on board all newbuild vessels contracted to ABS class. The offer is also being made retroactive to apply to any newly built vessels delivered since 1 January this year. Vessels ...
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China Shipbuilding seeks IPO
China's largest shipbuilder and shiprepairer, China Shipbuilding Industry Co., plans an initial public offering in Shanghai to fund 6.44 billion yuan ($942 million) of expansion projects. The Beijing-based, state-controlled company is selling up to 2 billion shares, or a 30% stake, in the stock offering if it wins regulatory approval ...
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NewsEGCSA welcomes MEPC 59 go-ahead for scrubbers
One of the first scrubber installations on a ship, by KrystallonThe Exhaust Gas Cleaning Systems Association (EGCSA) has announced that following the recent International Maritime Organisation (IMO) MEPC 59 meeting and its formal adoption of the recommended guidelines for exhaust gas cleaning systems, the industry is now ready for the ...
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IMO publishes outcome of MEPC 59 meeting
Amendments to the MARPOL Convention to prevent pollution during ship-to-ship oil transfer operations were adopted by the Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) when it met for its 59th session from 13 to 17 July 2009, at the IMO Headquarters in London. In a packed ...
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COSL orders seismic vessel
China Oilfield Services Limited (COSL) has ordered a 3D deepwater seismic vessel from Shanghai Shipyard. The new vessel is based on a Skipsteknisk ST-327L CD design and will be powered by a diesel-electric propulsion plant. Codenamed COSL 720, the newbuilding will have a length of 107m, a beam of 24m ...
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Cochin order book bolstered before proposed IPO
India?s biggest shipbuilder under state control, Cochin Shipyard Ltd, will likely get a valuation boost after receiving orders for four vessels from government-owned Shipping Corp. of India (SCI) ahead of a proposed initial public offering (IPO) of shares. Cochin Shipyard, fully owned by the government, received the orders at a ...
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UK government secures BVT future
The UK's Ministry of Defence has announced a £230 million deal with the shipbuilders BVT that it claims will help to secure the future of the industry in Scotland for the next 15 years. The Scottish Secretary, Jim Murphy, said that the agreement would secure a minimum level of work ...
