Vantage Drilling Company yesterday announced that it has signed a definitive agreement to acquire the rights and obligations under the construction contract for the ultra-deepwater drillship known as Dragonquest from Valencia Drilling Corporation, a Marshall Islands corporation for a purchase price
China Rongsheng Heavy Industries Group Holdings Ltd. has announced its intention to deliver this year the bulk of a dozen supersized vessels ordered by Brazilian miner Vale S.A. (VALE). According to Rongsheng Chief Executive, Chen Qiang, the company’s plan incorporates delivery of two supersized ves
Bangladesh’s leading shipbuilding company Western Marine Shipyard Limited is set to deliver two more ships to German (Wednesday, 21 Mar 2012), setting another milestone in the country’s shipbuilding industry. The delivery would be the fourth pair of ice class ships built by the Western Marine for th
Transport Minister Sibusiso Ndebele says more resources must be channelled towards research, innovation and skills development if the country is to take full advantage of the potential in its maritime sector. Speaking at the 10th Anniversary of the Umyezane Broad-Based Black Economic Empowerment (B-
On the 29th of March the icebreaking multipurpose support vessel Sanaborg will be launched at the shipyard Niestern Sander. The Sanaborg is the first in a series of special engineered logistic services in the Caspian Sea. The expected delivery will be at the end of July. The second icebreaker, Serke
Essar Shipping Limited (ESL) part of the Essar Group has, taken the delivery of MV Ishwari. This newest addition to Essar Shipping’s growing fleet, MV Ishwari, is a MiniCape which is 253 metre long, 43 metre wide and has a cargo capacity of 105000 dwt. On taking delivery of the third MiniCape, A R R
COSCO (Dalian) Shipyard Co., Ltd (COSCO Dalian), the largest shipyard in COSCO Shipyard Group, has delivered a bulk carrier of 92.500 DWT, “OCEAN EMERALD”, to its Asian buyer. The delivery documents were signed by and between COSCO Dalian and the buyer on March 15th 2012. The bulk carrier measures 2
Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers, today announced the supply of a full package of survey equipment for a new hydrographic survey vessel, with purpose of conducting a detailed mapping of Qatar’s coastal waters. The package inc
The Shipping Corporation of India Ltd. (SCI) accepted delivery of a 80 T BP Anchor Handling, Towing & Supply vessel “M.V. SCI Mukta” today, 19th March, 2012. SCI had signed contracts for acquisition of four nos. newbuilding 80 T BP Anchor Handling, Towing & Supply vessels with Bharati Shipyard Limit
Oman Shipping Company S.A.O.C. (OSC) took delivery of a Very Large Crude Carrier (VLCC) “IZKI”, yesterday, at Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), Okpo, South Korea. The vessel named “IZKI” is designed and constructed according to the latest international standards, and it has ad
STX OSV Holdings Limited (“STX OSV”), designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the design and construction of one Offshore Subsea Construction Vessel (“OSCV”) for DOF. The value of the contract amounts to approximately NOK 650 m
Oman Shipping Company S.A.O.C. (OSC), on March 19th, confirmed an order for a newbuild LNG Carrier, at Hyundai Heavy Industries Co., Ltd. (HHI), Ulsan, South Korea. The LNG Carrier, for delivery in 2014, will have a 162,000 cubic meter (CBM) capacity, and have dual fuel technology. Further the vesse
In summer 2013, the world’s first two ferries with a hybrid propulsion system will be put into service. Owned by CMAL, they are being built by Ferguson Shipbuilders in Glasgow. Each of the hybrid vessels will be equipped with two Voith Schneider Propellers (VSP) with an input power of 375 kW per pro
According to Business Standard, State-owned Dredging Corporation of India (DCI) is expecting a new dredger worth Rs 500 crore to join its fleet by the end of this financial year. Dredging Corporation of India has also placed orders at IHC Offshore & Marine, Netherlands to procure three dredgers with