Vroon Offshore Services B.V. has decided to introduce their newbuild subsea-support vessels VOS Sugar and VOS Star to the eye of the public. Both vessels are being built at Fujian Southeast Shipyard, China and are due for delivery in 2015. Boasting state-of-the-art equipment on board, the vessels
Murray Fenton India, the Technical Services division of Bibby Ship Management (India) Pvt. Ltd, has been appointed by a consortium of banks as “Lenders Independent Engineers” for the ABG Shipyard Project. This project will require the Murray Fenton India team to monitor the construction of vessels
Philly Tankers has secured all necessary documentation including approval by the general meeting of American Shipping Company, to close the transaction for the purchase of two product tankers from Aker Philadelphia Shipyard ASA (AKPS) with deliveries in 2016 and 2017, the shipyard said in a filling
Teekay LNG Partners L.P. , through a new 50/50 joint venture with China LNG Shipping (Holdings) Limite, announced that it has finalized shipbuilding contracts for six internationally-flagged icebreaker liquefied natural gas (LNG) carriers for the Yamal LNG Project, which is located on the Yamal Peni
As the International Association of Classification Societies (IACS) reviews its work programme it is significant the member societies will be paying some attention to what has become known as “complex on board systems”, Watchkeeper writes. Increasingly, ships are becoming dependent on these comple
Ordering of new units has kept its steady pace with 32 contracts, Shiptrade Services S.A. said in its Weekly Market Report. The preferred vessels on order were dry bulk carriers, with eight new orders for 19 bulkers, while on the wet front, interest mainly focused on the gas segments. Oldendorff has
TOKYO-Mitsui O.S.K. Lines, Ltd. today announced that joint venture companies between MOL and China Shipping Company, concluded and signed shipbuilding contracts with Daewoo Shipbuilding & Marine Engineering Co., Ltd. in Korea to build three ice class LNG carriers. These ice class carriers are inte
The tanker market is entering a period which will see a shrinkage in the supply of ships, therefore an improved balance between supply and demand may be established, Herbjørn Hansson, Executive Chairman at Nordic American Tankers Limited (NAT) said. ” It is many years ago since we had such a posit
High revenue-earning ships need a fresh approach to systems integration to take full advantage of available efficiency gains, according to Dutch technical service provider Imtech Marine. “we have a contribution to make in terms of optimising the use of technology” Offering a unique blend of mariti
Taiwan-based Evergreen Group will be welcoming the 25th L-type vessel into its operating fleet tomorrow, July 8th, named EVER LUCKY, thus concluding its L-type project with Samsung Heavy Industries. EVER LUCKY, a 8,452-TEU L-type containership, was christened on Friday, at the Samsung Heavy Indust
SCF Group (Sovcomflot) and Sakhalin Energy Investment Company Ltd., have signed a contract for the construction and long-term operation of three multifunctional icebreaking standby vessels to serve the Sakhalin-2 offshore energy platforms. The contract covers a 20 year term, during which the vesse
The scaled up version of the Damen PSV 3300, PSV 5000 is sparking considerable interest from high profile orders after its launch last year. The latest to recognize the benefits of this slender design, is Atlantic Towing (USA) which has ordered four ice-strengthened PSV 5000 vessels to meet its de
Vard has acquired STX Canada Marine Inc., a North American-based marine engineering and design company, for approximately $10.5m. According to Vard, the acquisition was made in order to accelerate the company’s growth in North America, as well as to access STXM’s portfolio of icebreakers, offshore
Overcapacity in the shipping segment may be expanding to other market sectors as well, as oil majors start cancelling charter contracts for rigs. Namely, on Friday Statoil decided to suspend the contract with Saipem for the rig Scarabeo5 from the autumn of 2014, provisionally for the remainder of