Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, has been contracted to supply a complete Back Deck handling system for ‘Sanco Sword’, Sanco Shipping’s second 16 streamer vessel under construction at the Kleven Maritime Myklebust Shipyard. The vessel will be operated by Dolphin Geo
Rolls-Royce, the global power systems company, has won an order to supply propulsion equipment for three new ships commissioned by the Turkish Navy. Istanbul Shipyard will design and build one Submarine Rescue Mother Ship (MOSHIP) and two Rescue and Towing Ships at their yard in Tuzla. Rolls-Royce w
BMT Group Ltd, the international design, engineering and risk management consultancy, announced today that it has achieved robust financial results, despite another year of challenging economic conditions across much of the world. Revenues from continuing businesses rose 8% to £127m and underlying o
The seabed-to-surface engineering, construction and services contractor to the offshore energy industry Subsea 7 has ordered the OCTOPUS suite of products for the recently delivered Pipelay/Heavy Lift vessel Seven Borealis. This latest addition to the Subsea 7 fleet is a state-of-the-art vessel that
China Rongsheng Heavy Industries Group Holdings Limited, a large heavy industries group in China, today christened the first two 380,000 DWT class Very Large Ore Carriers (VLOC) built for Oman Shipping Company S.A.O.C. (Oman Shipping). The vessels, which will be deployed on the iron ore trade route
The development of a hybrid turbocharger’s onboard electric-supply system has been recognized with an award of excellence for invention from the Japan Society of Naval Architects and Ocean Engineers (JASNAOE). The hybrid turbocharger built and then fitted on a vessel for the first time was developed
On Saturday morning, May 19, in Saint-Nazaire, France, MSC Divina was officially delivered to MSC Cruises at the STX France shipyard. During the traditional flag ceremony, the shipyard’s pennant and the French flag were lowered, accompanied by the French national anthem, before Laurent Castaing, Gen
Fairstar Heavy Transport N.V. (FAIR) has signed a USD 247 million syndicated loan facility led by ING Bank. The facility provides the necessary liquidity to satisfy the outstanding payment obligations to Guangzhou Shipbuilding International (GSI) due under the construction contracts for the 50,000 D
A new, larger and more powerful CSD650 joins the Damen Standard series of Cutter Suction Dredgers. The addition to the range results from a buoyant demand in the market and the continuous innovation of Damen Dredging Equipment, based on years of experience. The CSD650 is past its drawing table stage
Reportedly, Essar Shipping, a part of Essar Group, is expected to take delivery of the first jack-up rig from Indian ABG Shipyard by December, followed by the second one six months after that. The jack-up rig forms an integral part of the $440 million order that ABG Shipyard bagged from Essar Shippi
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that on May 16, 2012 it took delivery of the newly-built m/v “Philadelphia”, a Newcastlemax dry bulk carrier of 206,040 dwt that was contracted in April 2010. As previously
South Boats Special Projects Ltd. and Iceni Marine Services Ltd., announced that the two companies have signed a contract for the construction of four further vessels to join the existing South Boats built ‘Iceni Spirit’, ‘Iceni Courage’, ‘Iceni Defiant’ and ‘Iceni Pride’. The order is substantial f
Ireland-based d’Amico Dry, the fully owned subsidiary of the d’Amico group, has ordered six 40,000 dwt bulk carrier newbuildings, with options for further six vessels, from China’s Yangfan Group. The $134m deal, which values each handymax at $22.3m, has been financed through bank lending. d’Amico ch
Kawasaki Heavy Industries on May 14th delivered the Western Kobe bulk carrier ,with a capacity of 58,000 DWT (Kawasaki hull no. 1705), for I.M.S. Maritime S.A. at its Kobe Works. The vessel has a flush deck with a forecastle and five holds that are designed for optimum transport of grains, coals, or
