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Shipbuilding

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Business & FinanceNews
Windwave Workboats Launching Customer for Damen FCS 2008
Shipbuilding

Windwave Workboats Launching Customer for Damen FCS 2008

Windwave Workboats will be the launching customer of the Twin Axe Fast Crew Supplier (FCS) 2008, Damen announced. The Twin Axe FCS 2008 is a smaller version of Damen’s successful FCS 2610 which launched in 2011 and has subsequently become the industry standard for the offshore wind market, given its

about 12 years ago
Rolls-Royce Confirms Talks with Siemens over Its Gas Turbine Business
Shipbuilding

Rolls-Royce Confirms Talks with Siemens over Its Gas Turbine Business

Following media reports, Rolls-Royce confirmed that it was in talks with Siemens regarding the sale of its Energy gas turbine and compressor business. The business supplies aero-derivative gas turbines, compressor systems and related services to customers in the Oil and Gas and Power Generation sect

about 12 years ago
Stanford Mustang Hits the Water
Shipbuilding

Stanford Mustang Hits the Water

Fujian Mawei Shipyard in Fuzhou, China has successfully launched the Stanford Mustang, a 50m Anchor Handling Tug (AHT). The tug, owned by Stanford Marine, is equipped with a special low air draft design, to enable the safe passage below the bridges that connect offshore installations. The Stanford M

about 12 years ago
MAC Expands Its Fleet with Four Newbuilds
Shipbuilding

MAC Expands Its Fleet with Four Newbuilds

Marine Assets Corporation (MAC) has signed four contracts for construction of Offshore Supply Vessels (OSV) with Fujian Mawei Shipyard, SE China, valued at $125m. This will bring the current MAC order book to 25 vessels, due for delivery between May 2014 and June 2016, ranging in size and specificat

about 12 years ago
Builders of Yamal LNG Carriers Selected
Shipbuilding

Builders of Yamal LNG Carriers Selected

Three shipbuilders have been selected by the developers of the “Yamal LNG” project to build sixteen gas tankers for a total amount of five billion dollars. The winners of this mega deal are Russian “Sovcomflot”, Japanese Mitsui OSK and Canadian Teekay LNG, as written by the Russian newspaper Vedomos

about 12 years ago
COSCO Delivers Drilling Tender Barge to Energy Drilling
Shipbuilding

COSCO Delivers Drilling Tender Barge to Energy Drilling

COSCO (Guangdong) Shipyard Co., Ltd, a subsidiary of the COSCO Corporation (Singapore) Limited’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered a Self-Erecting Drilling Tender Barge to Energy Drilling. The delivery documents were signed by and between COSCO Guangdong and the buyer recently.

about 12 years ago
MacGregor Wins Order for Four Subsea Cranes
Shipbuilding

MacGregor Wins Order for Four Subsea Cranes

MacGregor, part of Cargotec, has signed contracts for four subsea cranes with subsidiaries of a Malaysian shipbuilding, shiprepair and chartering group, Coastal Contracts Bhd. MacGregor 100-tonne SWL active heave-compensated (AHC) subsea cranes will be installed on four subsea support vessels (SSV)

about 12 years ago
Marketex Marine to Build World’s Biggest Fish Feeding Steel Barge
Shipbuilding

Marketex Marine to Build World’s Biggest Fish Feeding Steel Barge

Estonian company Marketex Marine has been awarded a contract by the Norwegian company AKVA Group to build the biggest fish feeding steel barge in the world which has a very unique storage capacity. According to business analysts’ forecasts, fish farming is escalating rapidly and it’s predicted the i

about 12 years ago
Bahri Takes Delivery of ‘Bahri Yanbu’
Shipbuilding

Bahri Takes Delivery of ‘Bahri Yanbu’

The National Shipping Company of Saudi Arabia (Bahri) took delivery of a new vessel specialized in general cargo with a size of 26,000 DWT in South Korea on 28th April 2014. The ship was named “Bahri Yanbu” and it was built by Hyundai MIPO in South Korea. This is the sixth vessel and the last [&hell

about 12 years ago
Navis Engineering Outfits ‘Baltika’ with DP System and Autopilot
Shipbuilding

Navis Engineering Outfits ‘Baltika’ with DP System and Autopilot

Dynamic positioning control systems from Navis Engineering have met performance expectations set out in the sea trials of the innovative multifunctional icebreaking rescue and emergency vessel Baltika. The state-of-the-art icebreaker, commissioned in early April, is fitted with the Nav DP4000 (DP Sy

about 12 years ago
BAE Systems Seals Maintenance Deal with US Navy
Shipbuilding

BAE Systems Seals Maintenance Deal with US Navy

BAE Systems has received a multi-ship, multi-option (MSMO) contract from the U.S. Navy to repair, maintain, and modernize nine destroyers and cruisers, either homeported in or visiting Pearl Harbor, Hawaii. The five-year contract, awarded by the Naval Sea Systems Command, includes modernization, mai

about 12 years ago
OSD-IMT Tailors Designs to Wind-Farm Developers’ Needs
Shipbuilding

OSD-IMT Tailors Designs to Wind-Farm Developers’ Needs

OSD-IMT, the UK division of Offshore Ship Designers (OSD), has developed a range of innovative new designs of offshore wind-farm service operation vessels (SOVs). The 1,350 dwt IMT972 SOV is powered by two Steerprop SP25 or equal 1900 kWe fixed pitch azimuth propulsion units. There is also an option

about 12 years ago
DNV GL Increases Presence in South China
Shipbuilding

DNV GL Increases Presence in South China

DNV GL, the world’s leading ship classification society and one of the world’s leading risk and sustainability service providers, opened a new South China office in Guangzhou on Friday, the 25th of April, to support business growth in the area. Located in downtown Guangzhou, the new, expanded DNV GL

about 12 years ago
Dorian LPG to Finance Its VLGCs by Selling Shares
Shipbuilding

Dorian LPG to Finance Its VLGCs by Selling Shares

Dorian LPG Ltd., a liquefied petroleum gas shipping company and owner and operator of modern Very Large Gas Carriers, has commenced the underwritten initial public offering of 7,105,263 of its common shares. The initial public offering price is expected to be between $18.00 and $20.00 per share. The

about 12 years ago
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