Slow newbuilding activity has been reported over the past week with no orders announced for Dry bulk and Tankers, according to Fearnleys. Fincantieri has secured an order from MSC Cruises for two 154,000gt cruise vessels which will be the largest cruise vessels yet to be built by the Italian yard wi
Two companies have been shortlisted to build a new Antarctic icebreaker as part of the largest investment in Antarctica in Australian history. DMS Maritime Pty Ltd and P&O Maritime Services Pty Ltd have been chosen to provide a prequalified Request for Tender to replace the aging Aurora Australis. T
ASL Shipyard (ASLS), a subsidiary of ASL Marine Holdings, has secured new shipbuilding contracts worth approximately $72.5 million for the construction of four vessels. Under the deal, ASL Shipyard will build three powerful and highly manoeuvrable Infield Support Vessels (of ART 100-42 class Rotor®
Kawasaki Kisen Kaisha Ltd., Tokyo (“K” Line), has announced the delivery of CORONA ACE, an 88,000 DWT-type special coal carrier at Marugame Shipyard of Imabari Shipbuilding Co. Ltd., Japan. CORONA ACE is the same type as “K” Line’s specialized fleet for transport of thermal coal known as the Corona-
HM Naval Base in Portsmouth was lit up red, white and green as BAE Systems handed over the third of three new warships to the Royal Navy of Oman. AL RASIKH is a 99 metre corvette designed, built and delivered as part of Project Khareef. The Interim Acceptance ceremony was attended by dignitaries fro
IMO’s Maritime Safety Committee (MSC) had a busy schedule during its 93rd session, held from 14 to 23 May 2014 in London. Nevertheless, the outcome of the regulatory body’s meeting brought many good news for industry players with the adoption of various pending regulations. The MSC has approved, in
Rolls-Royce has secured a contract to design and equip a large offshore support vessel for Norwegian ship owner Island Offshore. The vessel, named Island Victory, will be a multi-functional design with a flexible operational profile, and will be one of the largest vessels in Island Offshore’s fleet.
Traditionally, the transportation of Liquified Natural Gas (LNG) has been done in LNG carriers that move the product in the most economical way from the producers to their final destination. LNG is then re-distributed via pipelines to the final users. But the same that other energy sources have been
Bergen Group ASA and Calexco S.a.r.l. have finalised the transaction regarding Bergen Group ASA’s sale of the majority interest in NorYards AS to Calexco S.a.r.l. The transaction is pursuant to the terms in the revised SPA announced on March 21st 2014. As from today, NorYards AS is owned 70 % by Cal
AXYS Technologies Inc (AXYS) has announced the completion of pre-commissioning of a WindSentinel platform for the United States Navy project to validate an offshore floating LiDAR wind resource assessment system. AXYS teamed up with Sound & Sea Technology (SST) as well as DNV GL to secure the US Nav
Eversendai Corporation Berhad, and its wholly owned subsidiary, Eversendai Offshore RMC FZE, have been awarded contracts for the construction of 2 units of GustoMSC NG-2500X liftboats from Vahana Offshore (S) Pte. Ltd. at a combined value of approx $180 million. The contracts are for the engineering
Rand Logistics, Inc. has entered into a contract with the Chengxi Shipyard for the construction and assembly of a new forebody which will be affixed to the aft section of the company’s recently acquired Danish flagged chemical tanker. When introduced into service in the second half of calendar 2015,
Ardmore Shipping today announced the acquisition of a 49,997 Dwt Eco-design product and chemical tanker built in July 2013 at STX Offshore & Shipbuilding Co. Ltd., South Korea, for a purchase price of $36 million. The vessel is expected to deliver to Ardmore between July 1st and August 31st 2014, an
Mitsui OSK Lines, Ltd. today announced receipt of the 2014 Japan Society of Naval Architects and Ocean Engineers (JASNAOE) Award for development of a waste heat energy recovery system for marine diesel engine used to generate electric power and assist ship propulsion. The system was installed on a M
