The Board of Directors of COSCO Corporation (Singapore) Limited announced today that subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries: 1. COSCO (Dalian) Shipyard Co., Ltd has delivered one bulk carrier of 82.000 DWT, “ECOFAITH G.O.”, to its Eur
The European Commission has authorised under EU state aid rules, a state guarantee backing a rescue loan of €152.4 million(USD 186.5 mln) for the German shipbuilder P+S Werften in Mecklenburg-Vorpommern. The aid is in line with EU rules on rescue aid because it is limited in time and scope. The Comm
Fairstar Heavy Transport N.V. (FAIR) announced today that it intends to issue up to USD 335 million of five-year, senior secured debt securities in a private placement not registered under the U.S. Securities Act of 1933. The proceeds of the proposed offering will be used to re-finance the Company’s
This Abis Dublin, is a by Vuyk Engineering Groningen designed 6000 tonne twin screw, diesel-electric powered, multipurpose special cargo vessel. It has two separate engine rooms aft and a forward situated superstructure for accommodation and wheelhouse. The hull has a raked stem with a bulbous bow,
Last week, two twin axe catamarans of the successful Damen FCS 2610 type have been launched at Damen’s newbuilding yard in Singapore. Both vessels will be completed in the coming weeks after which they will be transported to the Damen yard in Gorinchem, The Netherlands where they will be delivered t
Late last year, Shipkits BV Shipbuilders in Groningen, signed contracts for the construction of three heavy lift vessels for Hartman Shipping on Urk. Eventually, there may be half a dozen of this design to be built, of which two of them for our customer Abis Shipping in Harlingen. The design of the
Coastal Contracts Bhd announced on July 9 that its wholly-owned subsidiaries, Coastal Offshore (Labuan) Pte Ltd, Thaumas Marine Ltd and Pleasant Engineering Sdn Bhd, have collectively secured contracts for the sale of ten units offshore support vessels (“OSV”) and two units low-end vessels for an ag
A Chinese state-owned shipyard has ordered MacGregor variable frequency drive cranes and folding-type hatch covers for Greek bulk shipping operator Ariston Navigation’s six new generation 35,000 dwt bulkers. The contract is booked into Cargotec’s second quarter order intake. Deliveries are scheduled
On July 5 and 6, 2012 the FSUE “Rosmorport” General Director A.V. Lavrishchev and First Deputy Director of Federal Marine and River Fleet Agency S.P. Gorelik made a working visit to the seaport of Kaliningrad. In the framework of the working trip, S.P. Gorelik and A.V. Lavrishchev visited the port i
The Honourable Peter MacKay, Minister of National Defence, on behalf of the Honourable Rona Ambrose, Minister of Public Works and Government Services and Minister for Status of Women, today welcomed the signing of a preliminary contract with Irving Shipbuilding Inc. as part of the Arctic Offshore Pa
Croatian-based shipbuilder BRODOSPLIT on July 10 delivered the bulk carrier MV Solin. On behalf of the owner the delivery documentation was signed by Mr. Branimir Kovačić, CEO of Jadroplov, and on behalf of shipyard by Mr. Neven Jug, Manager of commercial division. The dimensions of the bulk carrier
The maneuver involved a 17,000-tonne structure, the heaviest ever lifted in the world. The P-55 is the largest semi-submersible platform built in Brazil and is to operate in the Campos Basin (state of Rio de Janeiro) Petrobras completed the deck mating operation for the P-55 semi-submersible platfor
On Wednesday 4 July 2012 Vroon took delivery of MV Peruvian Express, a 79,000-dwt Kamsarmax bulk carrier, built at Cosco Dalian Shipyard, China. Peruvian Express left the Shipyard on 8 July 2012. She flies the Marshall Islands flag and has a Chinese crew. Ship management has been entrusted to Fleet
On Thursday 28 June 2012, STX Finland Oy’s Rauma Shipyard celebrated the flag-changing ceremony of the specialised vessel built for the Ministry of Fisheries and Marine Resources of the Republic of Namibia. The event was witnessed by representatives of the customer, the Namibian Ministry of Fisherie