Maersk Line Limited has agreed to pay the government $31.9 million to resolve allegations that it submitted false claims to the United States in connection with contracts to transport cargo in shipping containers to support U.S. troops in Afghanistan and Iraq, the Justice Department announced on Jan
Bergen Group BMV AS is awarded a contract for rebuilding work on the high- capacity seismic vessel Polar Duchess. The project generates immediate activity at the yard, and will be completed within en of 1st quarter 2012. The contract, which has a value of approximately NOK 17 million, comprises the
Marin Teknikk AS has signed an agreement with Shinan Heavy Ind. Co., Ltd. in Korea for design and engineering of the company’s new PSV vessel. The vessel is a Multipurpose Field Supply Vessel & Pipe carrier of MT6015 PSV design, with diesel electric frequency controlled propulsion, highly efficient
Hyundai Heavy Industries, hailed the New Year by naming two 318,000 DWT VLCC (Very Large Crude Oil Carrier) for an Indian shipping line, GESCO today. In the simultaneous naming ceremony, the vessels were named Maneklal Ujamshi Sheth and Ardeshir HBhiwandiwalla, after the former owner and the founder
The cruise ships planned to be launched in 2012 are all new vessels. Each one is almost identical to existing sister-ships. Brand-new classes won’t be making an appearance until 2013 when Princess Cruises and Norwegian Cruise Line will launch Royal Princess and Norwegian Breakaway. Here are some hig
The new cruise ship for the U.S. cruise company Disney Cruise Line (Orlando), the Disney Fantasy, will leave MEYER WERFT’s covered building dock on Sunday, 8 January 2012. Around 11 a.m. the new ship will slowly be floated out of the covered hall, followed by a couple of tests and trials to be perf
A new 56,000 dwt vessel from the Korean Hyundai Mipo shipyard has been delivered to ESL Shipping Ltd, part of the Aspo Group, Reuters reprts. M/s Arkadia owned by ESL Shipping is the first of two dry cargo vessels to be built in Vietnam. The first 1A ice-strengthened dry cargo vessel in its class is
Western Baltija Shipbuilding, a subsidiary of BLRT Grupp, and the Danish company Gitte Henning A/S signed a contract for the construction of a fishing vessel Gitte Henning. This will be the first “turn-key” fishing vessel to be built at Western Baltija Shipbuilding, i.e. fully equipped and ready for
Jinhai Heavy Industry has completed the construction of the VLCC designed to consume less bunker fuel for higher energy efficiency. Chinese shipbuilder’s first 320,000 dwt VLCC will be delivered to a Norwegian shipowner. The shipyard has been given further seven orders for the similar-sized oil tank
The Board of Directors of COSCO Corporation (Singapore) announces that COSCO (Nantong) Shipyard Co. Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured a contract valued over USD220 million from an Asian company to build two (2) Self Propelled Pipelay
The state-owned Kuwait Petroleum Corp. has given approval to Kuwait Oil Tanker Co. to grant contracts worth $556 million to South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (042660) for five crude-oil tankers, reports Bloomberg. The tankers are deemed to be part of Kuwait Oil Tanker’s plan
Vroon Offshore Services (VOS) has taken delivery of a new addition to their offshore fleet. VOS Ares, an “A class” anchor handling tug supply (AHTS) vessel, was delivered from the Fujian Southeast Shipyard in China. She is the fifth in a series of six vessels being built at this yard for Vroon, with
Hyundai Heavy Industries, the world’s biggest shipbuilder and offshore facilities contractor announced today that the Company completed developing its own Hyundai FLNG (Floating Liquefied Natural Gas Plant) model in association with Linde AG, an international industrial gases and engineering company
The keel-laying of the multipurpose deck cargo vessel, built for Oy Gaiamare Ab, was held at STX Turku Shipyard on Wednesday 4 January 2012. The NB 1379 is 105.4 metres long and 18.8 metres wide. The environmentally friendly vessel is to be delivered to the client in spring 2012 will provide work fo