OSX 2 Leasing B.V., a subsidiary of the OSX Brasil S.A., entered into a facility agreement with a syndicate of international banks lead by ING, Itaú-BBA and Santander, related to the granting of a loan in the amount of US$ 850 million, pursuant to the contractual terms, for investment in the constru
Huntington Ingalls Industries, Newport News Shipbuilding, Newport News, Va., is being awarded a $16,884,918 modification, which exercises priced research, development, test and evaluation options under previously awarded contract (N00024-09-C-2116) for continuation of construction preparation effort
BMT ARGOSS and International Paint announces the formation of a partnership that can deliver demonstrable and transparent improvements in performance, efficiency and environmental emissions for the global shipping fleet. By deploying International Paint’s world class fouling control coatings in conj
DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced the signing of a $141 million syndicated secured term loan facility to partially finance the construction costs of the tankers Belmar, Calida,
Currently a hopper dredger is being built in Canada which will perform the maintenance dredging activities of the St Lawrence Seaway. Ocean’s companies, the shipbuilder and future dredging contractor, have opted for a proven design, fitted out with a Damen trailing pipe and other Damen dredging gear
NAPA, a leading software house for ship design and operations, has signed an agreement with STX Offshore and Shipbuilding Co. Ltd. The agreement specifies the co-operation between STX and NAPA regarding sales, model creation and delivery of the environment-efficient NAPA software for STX designed ve
Recently, Afai Southern won the project to build 3 costal fast rescue vessels (No.4-No.6) for Rescue & Salvage Bureau of the Communication Ministry of P. R. China. In 2004, Afai Southern won the first batch of rescue vessels (No. 1-No. 3), and accomplished the building construction of such three ves
Rolls-Royce, the global power systems company, has been selected by the South Korean Coast Guard to supply Azimuth thrusters for a new fleet of 15 tugs. The contract, worth around £12 million, will involve the supply of Rolls-Royce Azimuth thrusters (two per vessel) as the prime propulsion and steer
On the afternoon of October 26, Sinopacific Shipbuilding Group, China’s leading shipbuilding enterprise held the ship naming and delivery ceremony at its Zhejiang shipyard for SX130, the global first fabricated model of Offshore Support Vessel (OSV) built for Neptune Offshore AS. Gracing this occasi
Caterpillar Marine Power Systems was recently selected to provide 2x 6 M 25 C and 2x 9 M 25 C propulsion engines for an Ostensjo Rederi AS offshore supply newbuild. Each 6 M 25 C engine will provide 2000 kW @ 750 rpm. The 9 M 25 C will each provide 3000 kW @ 750 […]
DSME has now hit the 11 billion dollar mark which was the sales target for this year by winning new orders. DSME won a new order for one fixed offshore platform with Chevron, the global oil company on 14th October. The value of this contract is approximately 1.4 billion dollars. The next day, DSME [
LEHNKERING has held a naming ceremony for two newly constructed gas tankers. In addition to LRG GAS 88, which has been operating since August 2011, the sister vessel LRG GAS 89, which has exactly the same design, will now complement the gas tanker fleet operated by the LEHNKERING Reederei. Dr. Angel
Aker Philadelphia Shipyard, a leading U.S. commercial shipyard, held a ceremonial keel laying this morning for Ship 017, the 13th product tanker being built at the yard. Following long held shipbuilding tradition, coins were placed on one of the keel blocks that support the vessel during constructi
On 24th October 2011, HVS has honorably hosted Naming ceremony for Hull No. S030- the 37,000 DWT Bulk Carrier – under attendance of representatives from Owner, DNV, HVS as well as Sponsor, Mrs. Marcia Garcia Simionato (from Brazil). The Hull No. S030, officially named “Nord Rotterdam” by Mrs. Simion