Scorpio Bulkers Inc. has entered into agreements to purchase four Capesize dry bulk vessels currently under construction at Daehan Shipbuilding Co., Ltd. in South Korea and to construct an additional Capesize dry bulk vessel at Sungdong Shipbuilding & Marine Engineering Co., Ltd. The transaction con
Excelerate Energy celebrated the naming ceremony for its newest floating storage and regasification unit (FSRU) “Experience” at Daewoo Shipbuilding & Marine Engineering’s (DSME) Okpo Shipyard, Korea, on March 20, 2014. The Experience, constructed to provide long-term service for Brazil’s Petrobras,
Gray Offshore took delivery of a 300’x100’x19’10” ABS Classed Ocean Deck Barge from Conrad Shipyard L.L.C. The Barge “Julius” is the first project delivered from Conrad Shipyard’s newest facility, Deepwater South, in Amelia, LA. Dan Conrad, Senior Vice President, states “To be able to deliver barges
Fearnleys Weekly newbuilding report said that in total 31 ships were ordered last week. Navig8, who recently made contracts for potentially up to 20 wide beam LR1 type product carriers, have added another six VLCCs to their orderbook. A Suezmax order surfaced as CM Lemos went to Hyundai Heavy for tw
ABB, a multinational corporation headquartered in Zurich, Switzerland, has won a contract to deliver power and propulsion plants for the first of sixteen ARC7 ice-class tankers for the Yamal LNG project. The scope of delivery includes ABB turbochargers, generators, switchgear, transformers, frequenc
Despite recent project development delays and regulatory uncertainty, the UK wind energy market continues to offer a significant opportunity to develop a world class manufacturing and supply chain base that can deliver competitive industry content in the future. However, with over 30,000 offshore wi
The news by Siemens & ABP of a GBP 310 million investment in the offshore wind energy industry and the follow on effects for further investment in the offshore wind energy supply chain hits right at the heart of Trawlercat Marine Designs’ (TMD) first step into this industry, the company’s President
Rosetti Marino, an integrated Group providing engineering and construction services to the Oil & Gas industry worldwide, delivered platform supply vessel (PSV) HIGHLAND PRINCESS to Gulf Offshore N.S. on March 22nd 2014. The PSV is the second of the two sister ships which were ordered in October 2011
Penglai Zhongbai Jinglu Shipbuilding Co.,Ltd, has signed a new contract for AVEVA Marine™ software to address the current, challenging market situation and to future-proof its operations. The AVEVA technical team in China supported Jinglu Shipbuilding with a detailed evaluation exploring how AVEVA M
The new site office in Tianjin China will be open in less than two months. Steel cutting of the first Wallenius new post-panamax vessel is scheduled to 16th of June 2014. First delivery is planned for October 2015 and the last and fourth for the end of 2016. Visually the most striking difference fro
Safe Bulkers Inc., an international provider of marine drybulk transportation services, announced yesterday that it has collected the full amount worth $31.8 million for the advances paid to a shipyard for a cancelled Capesize vessel and $4.5 million for interest. The London arbitration tribunal rul
Caley Ocean Systems has supplied a high performance, A-frame handling system to Boskalis Offshore for launching trenching vehicles and ploughs from the company’s first ‘N Class’ cable-laying vessel Ndurance. Mounted on the stern of the Ndurance, the Caley A-frame is capable of handling loads of 70 t
The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) meets for its 66th session from 31 March to 4 April 2014, at IMO Headquarters in London. Items on the agenda include the consideration of proposed amendments to the MARPOL to make the audit scheme man
ABS has achieved an industry first with the completion of the Rowan Companies’ Rowan Renaissance drillship. This newbuild, which was built in the Hyundai Heavy Industries (HHI) yard in Ulsan, South Korea, is the first in the world to have earned ABS’ Integrated Software Quality Management (ISQM) not
