Yantai Raffles Shipyard Limited (“YRS” or the “Group”) announces today that it has received a contract from Saipem (43% owned by Eni), for the design and construction of an Iced Strengthened Pipe Lay Vessel of DP3 class. The 290 m long vessel, with a molded breadth of 39 m, will be built under the A
Eitzen Chemical ASA (The Company) announced today that it has signed an agreement with Jinse Shipbuilding Co., Ltd. in Korea for two coated 13,000 dwt chemical carriers for USD 23.6 mill. per vessel. The vessels will be delivered in 2008. Furthermore, the Company has an option for two additional uni
Aker Kvaerner will officially open its new North Sam Houston Parkway facility in Houston this Wednesday, 25 April. The new purpose built facility will include operational support of three main activities; drilling equipment, well intervention technology and subsea systems. It will be the primary cen
Keppel Offshore & Marine Ltd (Keppel O&M), through its subsidiaries, has secured contracts for FPSO conversion and shipbuilding projects amounting to S$160 million. Keppel Shipyard Pte Ltd (Keppel Shipyard) has been awarded contracts for the conversion of two Floating Production Storage and Offloadi
Disney Cruise Line announced Monday that it has finalized a contract to build two new cruise ships with German shipbuilder Meyer Werft shipyard. Specific financial terms were not disclosed.
Qatar Navigation and Finland’s Cargotec subsidiary MacGregor, a global player in the maritime transportation industry, have set up a joint venture company with an initial capital of QR1.2mn. The Qatari company will hold 51% stake in the new joint venture, which aims to garner substantial market shar
The newbuildings having the yard (Meyer Werft) numbers S. 687 and S. 688 and will have a tonnage of 124,000 GT. They are scheduled for delivery in 2011 and 2012. Each ship will have a length overall of 339,8 m, a breadth of 37,0 m, and a cabin capacity of 1,250.
China Merchants Energy Shipping Co. has signed an agreement with China Shipbuilding & Offshore International Co. and Dalian Shipbuilding Industry Co. to purchase US$343 million of oil tankers in Shekou of Shenzhen Monday.
The seabed of the Trondheim Fjord in Norway will be used as a temporary storage place when the Tyrihans project and contractor Subsea 7 test out a new method for installing subsea templates.
LAND reclamation work for the $2.5 billion (BD942 million) Bahrain Bay Development will be completed next month, it was revealed last night. Boskalis, which has been awarded a $130m (BD49m) contract for civil work and infrastructure development, will complete the reclamation work next month.
Princess K, a 110-foot Magellan yacht from Kingship was launched on April 12, 2007. The yacht has a steel hull and aluminum superstructure. She has two 3406E DITA Caterpillar engines and can hit a speed of 14 knots with a range of 5,000 nautical miles.
‘Sea Tigers’, the naval wing of the LTTE, on Sunday attacked the Sri Lankan food ship ‘City of Liverpool’ off the Point Pedro harbour in the northern district of Jaffna.
With the arrival of the America’s Cup all that has changed and young families and old couples regularly crowd the port area to watch the yacht racing or simply lap up the glitz and glamour of the new harbour and all the bars that have sprung up. Valencia has spent about 500 million euros ($NZ927 [&h
The search for a fishing boat which sank in the North Sea with the loss of four crew has finished without any trace being found. One body was recovered after the Meridian, based in Anstruther, Fife, was lost in heavy seas in October.
