KfW IPEX-Bank has committed to finance the third Quantum-class cruise ship commissioned by Royal Caribbean Cruises Ltd. (RCCL) to be built at the Meyer Werft shipyard in Papenburg. The purchase price of the ship is similar to that of the first two Quantum vessels. The financing, to be paid out in US
Focal Marine & Offshore has secured two contracts, one for DP-2 ROV/diving support vessel of FOCAL 532 design and another for FOCAL 531 ERRV design. The first contract was signed with Focal’s regular Middle East client for diving support vessel with LOA of 90m, diesel electric propulsion, AHC crane
Keppel FELS Limited (Keppel FELS), a subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract from UMW Drilling 8 (L) Ltd, a wholly-owned subsidiary of UMW Oil & Gas Corporation Sdn. Bhd. (UMW Oil & Gas), for a KFELS B Class jackup rig worth US$218 million. It will be the thir
Serdijn Ship Repair (SSR) and Zwagerman Offshore Services established a new company under the name Rotterdam Offshore Group BV (ROG). Both companies have a strong reputation for finding innovative solutions for complex jobs. Their ideas and activities are complementary, so a complete portfolio can b
Ardmore Shipping Corporation has signed a commitment letter for a new $172 million credit facility with ABN AMRO Bank N.V., Nordea Bank Finland Plc, and Skandinaviska Enskilda Banken AB (“SEB”). The proceeds from the new facility are expected to be used to finance up to 65% of the purchase price of
Amedeo Resources plc, an investment company, confirmed that Jiangsu Yangzijiang Offshore Engineering Co. Ltd. (YZJ Offshore) has been contracted to build two semi-submersible drilling platforms for Primepoint Drilling. In addition, an option on two additional semi-submersibles has also been agreed s
International classification society Bureau Veritas has entered into a technical and commercial co-operation agreement with French hydrodynamic specialist HydrOcean. Under the agreement, HydrOcean will provide advanced Computational Fluid Dynamics (CFD) services to BV’s shipping and offshore clients
IHC Merwede has secured orders worth € 350 million (approx. USD 473.2 million) for a wide range of dredging and offshore vessels and equipment. The company’s Dredging division has confirmed new contracts for the delivery of a large custom-built trailing suction hopper dredger, 13 units that will be
China Merchants Energy Shipping (CMES), a subsidiary of China Merchants Group, has exercised options to construct additional four ultramaxes at Chengxi Shipyard, the company announced in a Shanghai Stock Exchange filing. Financial details of the contract were not disclosed. The ordered vessels are f
The Navy’s newest amphibious transport dock ship, Pre-commissioning Unit Somerset, (LPD 25) departed Huntington Ingalls Industries (HII) Shipbuilding site in Avondale, La., Feb. 3, beginning its maiden voyage to it’s commissioning site in Philadelphia, March 1. “The commissioning ceremony marks an i
The amphibious assault ship America (LHA 6) returned to Huntington Ingalls Industries’ Ingalls Shipbuilding division Friday following successful acceptance sea trials in the Gulf of Mexico. Ingalls’ test and trials team successfully demonstrated more than 220 test events to the U.S. Navy’s board of
MacGregor, part of Cargotec, has won an order worth around EUR 23 million for six active heave-compensated (AHC) subsea cranes from the Dutch IHC Merwede. The cranes will be installed on three pipe-laying ships destined for the UK-headquartered global offshore specialist, Subsea 7. Delivery of the c
Mitsubishi Heavy Industries, Ltd. (MHI) has concluded an agreement with Odense Maritime Technology A/S (OMT) of Denmark, a provider of ship design services, on collaboration in ship engineering business. By combining the two companies’ abundant track records in shipbuilding business, MHI and OMT are
Homeland Integrated Offshore Services Limited (HIOSL) has taken delivery of a Damen FCS 3307 Patrol, to be deployed offshore Nigeria, in the next few weeks. Established in 2006, HIOSL serves the Nigerian oil and gas industry with a wide range of maritime, security and logistics services. The Lagos h
