ABG Shipyard Tuesday said it has bagged an order worth Rs.970 crore from the Indian Navy for construction of two cadet training ships. The… (newkerala) [mappress] Source: Newkerala, June 28, 2011;
The Board of Directors of OAO Sovcomflot reviewed and approved the Company’s Development Strategy until 2017. The strategy, in particular, envisages: – An increase in the proportion of the Company’s business involving the specialised shipment of energy resources, in particular liquefied natural gas
OSX Brasil S.A. , a Brazilian publicly held corporation focused on the provision of equipment and services to the offshore oil and gas industry, through integrated operations in shipbuilding, chartering of exploration and production (E&P) units, and operation and maintenance (O&M) services, informs
The National Shipping Company of Saudi Arabia signed a murabaha financing agreement with the Saudi British Bank (SABB) and the National Commercial Bank for Saudi Riyals 822.6 millions(approx USD 219.3 million). The proceed will be utilized to finance 80% of the cost of constructing two (2) general c
The Dutch yard Vitters Shipyard adds its latest performance superyacht to its portfolio, SY Sarissa. With her 42.6 meters (138ft), Sarissa is the largest carbon sloop ever built in the Netherlands, and one of the largest worldwide. Her lightweight construction and rigging with her state of the art s
Keppel Singmarine Pte Ltd (Keppel Singmarine), the specialised shipbuilding arm of Keppel Offshore & Marine Limited (Keppel O&M), is on track to deliver GLOBAL 1201, the second new generation derrick pipelay vessel to Global Industries Ltd (Global Industries) safely, on time and within budget. Keppe
In June Cargotec signed a contract with Hyundai Mipo Dockyard Co. Ltd in South Korea to deliver MacGregor RoRo equipment for four deepsea ConRo vessels to be built for a Saudi Arabian owner. The MacGregor equipment will be delivered in 2012 – 2013. The contract includes 1600 tonnes of MacGregor equi
Keppel FELS Limited (Keppel FELS) is on track to deliver its third KFELS N-Class jack-up rig to Rowan Companies, Inc. on time and within budget. The KFELS N-Class combines state-of-the-art design with the dual capabilities of performing drilling and production activities efficiently and safely. Equi
Topaz Energy and Marine, a leading oilfield services group, has recently signed long-term vessel support contracts with prominent clients totaling US$ 160 million. Topaz’s cable-lay vessel, the ‘TEAM Oman’ has been contracted to ABB for a five year wind farm support contract plus options. The work w
West Elara – the first of two ultra-large, high-specification, harsh-environment Gusto MSC CJ70 150A jack-up rigs built by Sembcorp Marine’s subsidiary Jurong Shipyard for North Atlantic Drilling, a subsidiary of Seadrill Limited – is poised to make rigbuilding history in Singapore as the nation’s l
Mitsui O.S.K. Lines, Ltd. today announced a decision to order two containerships (8,600 TEU) from Mitsubishi Heavy Industries, Ltd., with delivery slated for 2013. Along with eight 8,100 TEU ships already in operation, the new vessels will be deployed to Asia-Europe routes. The company also reached
Today, at a signing ceremony in Tokyo, Japan, Maersk Line exercised its option with Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build an additional 10 Triple-E ships, the world’s largest and most efficient container vessels. The event follows Maersk Line’s order in February this ye
The Shipbuilders Council of America (SCA) recently announced that Huntington Ingalls Industries’ Newport News Shipbuilding and Ingalls Shipbuilding Divisions and General Dynamics’ Bath Iron Works (General Dynamics NASSCO is currently a member of the SCA) have joined its national trade association. T
DryShips Inc. , a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced that its majority owned subsidiary, Ocean Rig UDW Inc., exercised its third newbuilding option to construct a 7th Generation Ultra Deepwater D
