Wärtsilä , the marine industry’s solutions and services provider, has signed a five-year service agreement with US-based Prestige Cruise Holdings, Inc. (Prestige), the parent company of Oceania Cruises and Regent Seven Seas Cruises. The long-term service agreement covers six vessels, a total of 27 W
Setting the ball rolling for yet another diversification initiative, the keel for the newly designed Fisheries Oceanographic Research Vessel (FORV) was laid on 9 March 2012 at Goa Shipyard Ltd. This is the first in the series of three vessels being built by GSL for the Central Marine Fisheries Insti
Construction works on two Articulated Tug Barge units ordered by Kirby Ocean Transport Company are on schedule at SIGNAL INTERNATIONAL state-of-the-art manufacturing facility in Orange, Texas. The ATBs are built and painted under cover with final assembly at SIGNAL’s launchways. The first unit is sc
Tsuneishi Shipbuilding Co yesterday, on March 14th, launched a KAMSARMAX type bulk carrier for ENA SHIPPING. This KAMSARMAX type bulk carrier of 82,100 DWT was developed by Tsuneishi Shipbuilding to be one of its major products alongside the TESS series. The name “KAMSARMAX” derives from the ship’s
Rolls-Royce, the global power systems company, has today received an order from Korean shipbuilder Hyundai Mipo Dockyard Co, Ltd. to design and equip four deepwater platform supply vessels. The contract is worth more than £45 million to Rolls-Royce and includes options for a further two vessels of t
OSX raised US$ 500 million by issuing Senior Secured Bonds in the international market, the net proceeds of which shall be used for the construction of its FPSO OSX-3. The FPSO OSX-3 will have an oil production capacity of 100.000 bopd and a storage capacity of up to 1.300.000 bbls. The unit will be
Halul Offshore Services Company, a wholly owned subsidiary of Milaha (previously known as Qatar Navigation), has secured an eight year US$ 60 million (equivalent to QAR 220 million) ship financing facility with Sumitomo Mitsui Banking Corporation (SMBC). Proceeds from the facility will be utilized b
For the first time, a Damen Fast Crew Supplier 1605 will be built in Ecuador by Astilleros Navales Ecuatorianos (ASTINAVE) Shipyard. Damen is supplying the complete, prefabricated Shipbuilding Material Package Kit to ASTINAVE. The yard’s technical staff are responsible for the construction, together
Mitsubishi Heavy Industries Compressor Corporation (MCO), a wholly-owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order for six compressor packages to be installed on a floating production, storage & offloading system (FPSO), which Tupi BV plans to operate in the area o
A true hybrid energy system is currently being developed for installation on board the offshore supply vessel Viking Lady. An impressive battery pack for energy storage will soon be installed. When the new system is complete, the operation of the engine will be more smooth and cost effective giving
Maritime and Port Authority of Singapore (MPA) informs the shipping, harbour craft and pleasure craft communities in Singapore’s waters that the construction works have begun at the Keppel Shipyard. These works include construction of the pier extension which will entail piling, concrete works, cast
Austal has enhanced its positioning for Australian and international defence programs by entering into an agreement with mission system integrator General Dynamics Advanced Information Systems. The companies aim to combine Austal’s shipbuilding, systems and support capabilities with General Dynamics
Baltiysky Zavod JSC (Baltic Shipyard) is about to start construction on a new 25 MW icebreaker ordered by Rosmorport. The keel laying is scheduled for the end of the May. The shipbuilding contract, worth around USD 640 million, was signed by the United Shipbuilding Corporation and Federal Agency for
Baker Hughes Incorporated announced that its subsidiary has chartered a new state-of-the-art pressure pumping vessel that will provide offshore stimulation services to Maersk Oil in the North Sea. Upon completion, scheduled for late 2013, the Blue Orca(TM) will become the eighth vessel in the Baker
