Recently the HUAHAILONG, Semi-submersible Heavy Lift Vessel being constructed by CMHI for Guangzhou Salvage Bureau of Ministry of Communications, departed Mazhou Island and started the sea trials. Including Mr. Wu Jiancheng, the Deputy Director of Guangzhou Salvage Bureau, Mr. Kan Limin, the deputy
Grandweld Shipyards concludes a successful year by securing contract to design, build, and deliver three 33.5M fast aluminum crew boats for Zamil Offshore. The contract was signed by Mr. Sufyan Al Zamil, President of Zamil Offshore, and Mr. Jamal Abki, General Manager of Grandweld Shipyards. The 33.
The company Jumbo Shipping has signed the Shipbuilding Contract for one optional heavy lift vessel with the same characteristics as the one before for which is paid in advance. Jumbo Shipping is one of the world’s leading shipping company for transportation of heavy or large size cargo, and this shi
After evaluating their needs and reviewing the “Sea Flyte” vessel, the Ocean Fast Ferries of the Philippines delegated in 2005 the construction of a new heavy duty ferry to GMD. The vessel had to be an efficient people mover capable of carrying over 220 passengers. Launched in September 2011, with a
Höegh LNG Holdings Ltd. has extended its option agreements with Hyundai Heavy Industries Co. Ltd. (HHI) for the delivery of two FSRUs, that were to expire by mid December 2011 and mid January 2012, respectively. Both option agreements are now valid into first quarter 2012. The Company’s third and fo
The tug Yong Gang Tuo 29 has recently been delivered to her new owners, the Ningbo Port Group of China. This is the 7th Robert Allan Ltd. design in Ningbo’s fleet and the first of the RAmparts 3300 class worldwide. The design is an evolution of the RAmparts 3200 class vessels already in Ningbo’s fle
TORM has entered into an agreement to sell two Kamsarmax bulk newbuilding contracts. The two vessels contracted in 2007 were scheduled for delivery in the fourth quarter of 2012 and the first quarter of 2013 respectively. The agreement has a positive cash impact of USD 21 million in January 2012 and
Scorpio Tankers Inc. announced that it has signed a contract with Hyundai Mipo Dockyard Co., Ltd. of South Korea to construct a 52,000 DWT MR product tanker for approximately $36.4 million, executed a $92.0 million credit facility with Credit Agricole Corporate and Investment Bank and Skandinaviska
This week, the LNG Guardian, built by Gondan Shipyard for the Italian Owner Fratelli Neri, has finished the trials period. During the past days, the LNG Guardian has set sail from the Yard facilities in Figueras as well as from El Musel, Port of Gijon. These days’ aspects such as the speed or the bo
STX OSV Holdings Limited, announces that it has secured a new contract for the construction of a Forage Carrier for Eidsvaag AS. The contract value is approximately NOK 200 million. The LNG powered vessel will be purpose-built for the bulk transport and delivery of fish feed to fish farms and will o
In pursuing efforts to construct the first purpose-designed anti-piracy personal escort vessel, PEV, Trawlercat Marine Designs is endeavoring to find joint venture partners to take part in this project. New PEV design features a new surface piercing bow and hull form. Due to Epoxy Resin Infused Carb
As the year of 2011 nears its end, South Korea’s big three shipyards have notably surpassed their annual targets. Hyundai Heavy, Samsung Heavy and Daewoo Marine have now collectively posted orders worth $49.6bn. With a significant number of current negotiations, $50bn could be easily reached. This a
The largest Russian independent gas producer, Novatek, has framed a plan for ordering ten LNG tankers for the purpose of its great Arctic project Yamal, reports BarentsObserver. The 183.000 to 208.000 cubic meters tankers will be transporting LNG from the Yamal LNG plant to the world market clients.
Chernomorsky Shipbuilding Yard (Nikolaev) finished the building of the third multi-purpose vessel’s hull of CF 3850 project for Dutch company “Damen Shipyards Bergum”. ChSY constructed the hull with maximum possible, according to the contract, outfitting of ship systems and machinery with level of r
