Craig Group’s latest Emergency Response and Rescue Vessel (ERRV), the Grampian Dynamic, was launched at Balenciaga Shipyard in Northern Spain on Tuesday 27th of May. This is the first in a series of six new vessels, commissioned by Craig Group in a £70 million investment. Douglas Craig, Chairman and
A symbolic act on the ship lift marked a new beginning for Volkswerft Stralsund yesterday: Berthold Brinkmann, insolvency administrator of P+S WERFTEN, handed over a big key to Nordic Yards. With that, Nordic Yards has now officially taken over Volkswerft. “Volkswerft is one of the most diverse ship
Greek shipowner W Marine Inc. has ordered a series of post-Panamax bulk carriers based on the Green Dolphin 84S design. The design was developed by the Shanghai Merchant Ship Design & Research Institute (SDARI) with support from DNV GL. Managing Diriector of W Marine Inc., Nikolaos Triantafyllakis s
Australian shipping company SeaRoad has reached agreement with a leading German shipbuilder, Flensburger Schiffbau-Gesellschaft (FSG), for the construction of one LNG fuelled roll on–roll off vessel. SeaRoad’s decision to expand its current fleet capacity will provide greater certainty for Tasmanian
By providing a loan in the amount of approximatelly $49.7 million, KfW IPEX-Bank is financing ‘Walk to Work’ vessel which will be used by Nederlandse Aardolie Maatschappij (NAM), a joint venture of Royal Dutch Shell and ExxonMobil. Santander acted as a structuring bank and equity underwriter of this
Lamprell Plc. (LAM) has announced the completion of construction and delivery of the jack-up vessel “Hydra” to its client Seajacks. The vessel will depart the facility shortly en route to its next destination in the North Sea. The “Hydra” is the fourth vessel that Lamprell has built for Seajacks, th
Solstad Offshore ASA (SOFF) has taken delivery of a state-of-the-art construction service vessel (CSV) ‘Normand Reach’ from Vard, Aukra (Norway). Normand Reach is 121 meters long, 23 meters wide and has a working deck of approximately 1,300 square meters. The vessel is equipped with a subsea crane w
Shipbuilding yard Western Baltija Shipbuilding, which is a part of BLRT Grupp, has finished a turnkey project and delivered a multi-purpose cargo ship “Anetta”. According to Fjodor Berman, the Chairman of the Board of BLRT Grupp, building vessels from scratch, starting from the elaboration of a vess
Bollinger Shipyards has announced that Chris Remont has joined the company as Director of Program Management. Mr. Remont will oversee all aspects of Program Management for Bollinger Shipyard’s Lockport new construction facility, with an emphasis on the present U.S. Coast Guard Fast Response Cutter p
Vard Holdings Limited (VARD) has entered into a Letter of Intent (LOI) with Nordic American Offshore Ltd. (NAO) for the design and construction of two Platform Supply Vessels (PSV), and an option for the third vessel. The vessels are of VARD 1 08 design, developed by Vard Design in Alesund, Norway.
Deep Sea Supply Plc. has entered into an agreement to acquire 10 PSVs. The total price paid for the 10 vessels including remaining CAPEX is $366 million, and the total broker value for the vessels is $ 419 million. Deep Sea Supply will raise approximately $200 million through a Private Placement to
Seadrill Limited (Seadrill) has secured a contract with Total Upstream Nigeria Ltd. for employment of the newbuild ultra-deepwater drillship West Jupiter, in support of the EGINA ultra-deep offshore project in Nigeria. The contract is for a firm period of 5 years and has a total revenue potential fo
Mein Schiff 3 Joins TUI Fleet TUI Cruises, has taken delivery of the Mein Schiff 3, the first out of two ordered from STX Finland Oy’s Turku Shipyard. First Post-Panamax Car Carrier for Japan Global transportation company NYK Group has taken delivery today of a new pure car carrier, Aries Leader, wh
Cochin Shipyard Limited (CSL) delivered the sixth in the series of 20 Fast Patrol Vessels being built for the Indian Coast Guard. The Protocol of delivery and acceptance was signed by Shri Vinayakumar P, Director, on behalf of CSL, and Commanding Officer of the vessel Cmdr. Umed Singh of Indian Coas