Keppel Offshore & Marine’s wholly owned subsidiaries Keppel Shipyard and Keppel Singmarine have secured contracts worth a total of $368m. The contract secured by Keppel Shipyard is for the conversion of a Floating Production Storage and Offloading (FPSO) vessel for Armada Kraken Pte Ltd., a wholly o
GasLog Ltd. has taken delivery of the fully owned LNG carrier Solaris, from Samsung Heavy Industries Co., Ltd, the company said on June 30. On the same day she commenced a medium-term charter to Shell Tankers Singapore (Private) Limited, a subsidiary of Royal Dutch Shell plc. The vessel is a 155,000
Malaysian offshore marine player Nam Cheong Limited has disclosed the sale of another four vessels worth approximately $92 million. Three platform supply vessels (PSV) with 3,000 dwt each, equipped with Dynamic Positioning System 2 (DP2), have been sold to an oilfield services company based in Asia.
Scorpio Tankers Inc., a global provider of marine transportation of petroleum products, has announced that it has recently taken delivery of three product tankers under its Newbuilding Program. STI Brixton, a Handymax Ice Class 1A product tanker was delivered from Hyundai Mipo Dockyard of South Kore
Shell is building the world’s first floating liquefied natural gas (FLNG) processing ship which has the potential to revolutionise the way natural gas resources are developed. It will help to unlock vital energy resources offshore, without the need to lay pipelines and build processing plants on lan
Overall confidence levels in the shipping industry fell slightly during the three-month period to May 2014 but remain at their second-highest level for the past six years, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. Expectatio
Following the plenary meeting of the ESSF (European Sustainable Shipping Forum) last week, European shipowners and port authorities urgently call for the clarification of the rules pertaining to the use of scrubbers. The EU Sulphur Directive is set to come into force in only a few months, on the fir
The International Association of Classification Societies (IACS) has updated its forward strategy and work plan for the upcoming year at its 69th Council meeting held in Santa Margherita, Italy, chaired by Roberto Cazzulo, Chairman of RINA Services and outgoing IACS chairman. During the three days o
International classification society RINA Services has been authorised by the Ministry of Transport of the Russian Federation as a Recognized Organisation to perform surveys of vessels flying the flag of the Russian Federation and registered in the Russian International Registry of Ships. The author
On June 28th the Fincantieri shipyard in Castellammare di Stabia (Naples) saw the launching of the “F.-A.-Gauthier”. She is the latest generation ferry that Fincantieri is building for Société des traversiers du Québec (STQ), a Québec Government Corporation that operates in maritime passenger transp
Classification society Nippon Kaiji Kyokai, ClassNK, informed that it had released amendments to its Rules and Guidance for the Survey and Construction of Steel Ships. ClassNK continuously reviews, updates, and amends its technical rules and guidance as part of its ongoing efforts to improve the saf
Wärtsilä has received an order to deliver generating sets for two new well intervention vessels for Siem Offshore A/S from Norway. The vessels are built by Flensburger Schiffbau Gesellschaft (FSG) in Flensburg, Germany. The order was signed in the end of May 2014. Well intervention vessels are used
Swedish defence and security company Saab has entered into an agreement with ThyssenKrupp Industrial Solutions AG regarding the acquisition of ThyssenKrupp Marine Systems AB (TKMS AB, formerly Kockums), for a purchase price of $50.45m. In April 2014, Saab and ThyssenKrupp Industrial Solutions AG sig
Diana Shipping Inc. has signed a Memorandum of Agreement to acquire a new-building Capesize dry bulk vessel from an unaffiliated third party seller. The dry bulk carrier, with the capacity of approximately 180,000 dwt, will be built by Qingdao Beihai Shipbuilding Heavy Industry Co., Ltd., China. The
