TOKYO
ESNAAD, a wholly-owned subsidiary of Abu Dhabi National Oil Company (ADNOC), has become the first Middle East based ship owner to order UT-Design vessels from Rolls-Royce. The contract covers the supply of two vessels with full of Rolls-Royce equipment. Construction of the UT 780 anchor-handling tug
At 08h30 this morning, the removal of containerised deck cargo with respect to the grounded container ship
Samsung Heavy Industries(SHI)
Hanjin Heavy Industries and Construction Co. opened over the weekend a P40-million modern training center in the Subic Bay Freeport.
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The cost of shipping crude oil from the Middle East to Asia on two-million-barrel tankers may fall for a third consecutive week as vessels available for hire at the end of July outnumber cargoes. Freight rates for very large crude carriers, or VLCCs, on the benchmark route to Japan, unchanged yester
A salvage team will on Monday attempt to remove containers from a ship which ran aground on a sandbank near the East London harbour last week, the National Ports Authority (NPA) said. “We are going to discharge containers from the vessel on to shore,” said spokesperson Terry Tailor. A 400-ton crane
The state ferry Columbia was sidelined Sunday at the Ketchikan shipyard for repairs, and Alaska Marine Highway System staff members were finding alternative travel means for 380 passengers, officials said. It wasn’t immediately clear how long repairs would take. “The safety and comfort of our custom
Ship Finance International Limited (“Ship Finance”) is pleased to advise the purchase of the 2006 built jack up drilling rig Seadrill 3 for a purchase price of USD 210 million. The rig is chartered back to the seller Seadrill III Limited for a period of 15 years. The parent company Seadrill Limited
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China State Shipbuilding Corp. (CSSC) is making plans for an initial public offering on the Hong Kong Stock Exchange to raise at least US$500 million, according to a report in the South China Morning News. The company is reported to be planning a share sale for the first half of next year and has en
Ship Finance International Limited (“Ship Finance”) is pleased to advise the purchase of the 1997 built Panamax M/V Rainshadow for $28.4 million from Golden Ocean Group Limited (“Golden Ocean”). The vessel is chartered back to the seller Golden Ocean for a period of ten years at a bareboat rate of $
Martinus Brandal, former Executive Vice President of Aker ASA today assumes the role of President and CEO of Aker Kvaerner, succeeding Inge K. Hansen. Hansen joins Aker ASA as a consultant to the group’s management. “Taking over the helm of Aker Kvaerner from Inge Hansen is like taking over a ship t
