Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has completed the delivery of its fourth EXL jack-up rig to a subsidiary of Rowan Companies, Inc. (Rowan) with a perfect safety record, four months ahead of schedule and within budget. The jack-up rig was c
Huntington Ingalls Industries, Inc. announced that its Ingalls Shipbuilding division has received a $482.8 million fixed-price-incentive-firm contract from the U.S. Coast Guard for the construction of a fifth National Security Cutter. Construction and delivery of the yet-to-be-named WMSL 754 will be
After a 26-month fabrication period, PV Shipyard announced its successful load-out of the first “fabricated in Vietnam” 90 m jack-up rig. The rig will weigh almost 12,000 tons when fully finished, in which 9,685 tons is of structural materials, 950 tons of piping system and 1,748 tons of electrical,
The five main builders of LNG carriers are at full capacity and unlikely to take further orders until 2014, resulting in a supply/demand imbalance that could create a bottleneck in the LNG supply chain over the next three or four years. In its assessment of the market, Awilco LNG stated in its 120-p
Rolls-Royce, the global power systems company, has today opened a new Marine Service Centre in the Port of Hamburg, Germany. The investment marks the latest stage in the development of a global marine service network. This year, with Hamburg, four new or expanded Marine Service Centres have been ope
Otto Marine Limited, a leading offshore marine company which specialises in building complex offshore support vessels, ship chartering and offers specialised offshore services, announces today that it has secured newbuild orders for two units of 12,000bhp AHTS worth US$38.5 million each from Go Mari
South Korea’s largest bulk shipper STX Pan Ocean succeeded in obtaining a sizeable loan from a group of domestic and overseas lenders to finance new vessel orders. STX Pan Ocean announced on Friday that it held a signing ceremony at the Millennium Hilton Hotel in Seoul the day before, for the $510 m
President Benigno Aquino III has ordered the release of P4.95 billion to buy six helicopters and a high-endurance cutter and finance other e… (manilastandardtoday) [mappress] Source: manilastandardtoday, September 9, 2011;
The Navy began construction of the thirteenth Virginia-class submarine, the as of yet unnamed SSN 787 Sept. 2. This new construction marks the first time in 22 years that two submarines of the same class have started construction in the same year. “To get to this important point, our Navy/industry s
Samsung Heavy Industries has successfully developed the industry’s first membrane-type cargo hold for LNG tankers. With this, the company has finally tackled the last unsolved development initiative for the Korean shipbuilding industry, which was the cargo hold manufacturing technology for LNG tanke
The construction of 15 new river-sea tankers under RST27 project (capacity – up to 6.9 thousand of tons) was launched at the Krasnoe Sormovo plant (Nizhniy Novgorod, Russia). The customer of new vessels is Volgo-Balt-Tanker, LLC, the subsidiary of holding’s company B.F. Tanker. Five new tankers are
STX Finland Oy and Eide Marine Semi AS, a subsidiary of Eide Marine Services A/S, have signed a contract for the outfitting, completion and delivery of two highly sophisticated well intervention vessels with an aggregate contract value exceeding EUR 300 million. The technically advanced well interve
DCNS and KND have signed a memorandum of understanding (MoU) for the promotion, construction and sale of offshore patrol vessels (OPVs) in South Africa. The Gowind OPV leverages the most innovative technologies to ensure the success of maritime safety & security (MSS) and counterpiracy missions. DCN
One of three 47,500T bulk carrier (Hull No. CIS47500/B-01 ) for Ningbo Marine Co., Ltd. was launched smoothly in 80,000 tonner slipway at Sanjiangying shipbuilding base by China Shipping Industry (Jiangsu) Co., Ltd., which is another innovative hull form following 46,000T oil tankers and 57,300T bul
