Troms Offshore Fleet 2 AS, a wholly owned subsidiary of Troms Offshore Supply AS and a Tidewater Company, has taken delivery of its new build no 817 at VARD Aukra shipyard in Norway. A naming ceremony was held in Bergen on Friday 31st January and the ship was named MV Troms Arcturus. Trroms Arcturus
Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) announced today in its regulatory filing that the company has secured an order worth KRW 439.2 billion (approx. USD 404.9 million) for the construction of two state-of-the-art liquefied natural gas (LNG) carriers. The order came from an unnamed
“T.ESRA”, the first of the world’s two greatest asphalt tankers having independent cargo tanks, built by RMK Marine, one of Koç Holding’s companies, has been launched. The launching ceremony, held on January 24th, 2014 at RMK Marine’s Tuzla Shipyard, was attended by executives of Koç Holding, RMK Ma
Nautronix has delivered the first two NASDrill RS925 and NASeBOP (Emergency BOP Acoustic Control) systems for Rowan’s two new ultra-deepwater drillships, the Rowan Relentless and the Rowan Reliance. The total contract value is worth approximately $10 million. Nautronix NASDrill RS925 system has be
United Arab Shipping Company (UASC) revealed that options for six additional 14,000 TEU vessels have been exercised bringing the total order to 16 ships. The order has been placed with Hyundai Heavy Industries (HHI) in Korea and is the largest in UASC’s history, worth over US$ 2 billion including al
General Dynamics NASSCO has christened the U.S. Navy’s newest ship, USNS John Glenn (MLP-2). Named in honor of the famed Marine Corps pilot, Congressional Space Medal of Honor recipient and four-term U.S. senator, the USNS John Glenn is the second ship of three Mobile Landing Platform (MLP) vessels
DHT Holdings, Inc. (DHT) has entered into a letter of intent (LOI) with Hyundai Heavy Industries Co., Ltd. (HHI) in South Korea for the construction of three additional VLCCs. The construction of the two vessels will cost USD 194.6 million (USD 97.3 million each), including $2.3 million in additions
New Container Vessels for COSCO COSCO Entities have entered into shipbuilding agreements worth US$434.5 million with China Shipbuilding Trading and Changxing Shipbuilding for the construction of five 9,400 TEU container vessels. Two Collisions off Singapore Following the oil spillage from two collis
PROMAR has ordered two Platform Supply Vessels from Damen Shipyards Group and this ambitious Swiss company is looking to further expand the offshore fleet under its management in the next five years. The first Damen PSV 3300 will be delivered in February 2015 and the second, in August of the same ye
Flensburger Schiffbau-Gesellschaft (FSG) today launched ROLLDOCK STORM, the sister ship of ROLLDOCK STAR. The newbuilding rolled down the slipway into the Flensburg Fiord right on time and under the watchful eyes of her builders and of representatives from Dutch owners RollDock BV. While ROLLDOCK ST
Milbank, Tweed, Hadley & McCloy LLP has represented international lenders Mizuho Bank, Ltd. and Itaú BBA International plc in providing approximately $150 million in financing for the purchase of an innovative compact semi-submersible multi-service vessel destined for Brazil’s most productive offsho
Arctech Helsinki Shipyard has begun the construction of the next icebreaker of project 21900M. By placing the first block into the drydock, the shipyard last week started works on the hull assembly of the third vessel. The vessel will measure 119.8 m in length and 27.5 m in breadth. Its four main di
Boreal Transport Nord AS has ordered two ferries of Multi Maritime design. The ferries will be built at Fiskerstrand Verft AS, and they will be delivered in the second half of 2015. The ferries will be used in the routes originating in Øksfjord in the northernmost county in Norway, Finnmark. The fer
DCNS has handed over the multi-mission frigate Mohammed VI to the Royal Moroccan Navy on time, on budget and with performance as promised. The handover ceremony was held in Brest in the presence of His Excellency Prince Moulay Rachid El Alaoui, brother of the King of Morocco, Jean-Yves Le Drian, the