A feasibility study around a hybrid powertrain SWATH, commissioned this year by CTruk, has given the company further impetus in its ongoing development of a hybrid electric offshore wind support vessel design. The study was based on the CTruk CWhisper SWATH, a 20m craft fitted with twin Cummins QSM-
The Great Eastern Shipping Company Limited (G E Shipping) has placed an order for 3 new building Kamsarmax dry bulk carriers with the Jiangsu Yangzijiang Shipbuilding Group, China. The ships will be built at Jiangsu New Yangzi Shipbuilding Co. Ltd, China (Builder’s Shipyard). The contracted ships, o
Polaris Shipping Co., Ltd., Korea Midland Power Co., Ltd., Hyundai Heavy Industries Co., Ltd., and Siemens Energy Solutions Ltd. signed a Memorandum of Understanding at COEX Intercontinental Hotel in Seoul on December 10, 2013 to develop MOBILE POWERSHIP, an integration of shipbuilding and power gen
L&T Shipbuilding, a subsidiary of Larsen & Toubro, bagged orders, valued at USD 154Mn, for six specialized commercial vessels, in the third quarter of 2013-2014. The orders from Halul Offshore Services Company W.L.L., Qatar, are for design, construction, trials and commissioning of four Platform Sup
Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced yesterday that it has entered into an agreement with a Chinese shipyard to cancel one of its two 4,800 TEU containership newbuilding contracts at no cost to the Company, transfer the deposit to
Bergen Group has entered into an agreement with GMTH Holding AS regarding the sale of Bergen Group Kimek AS and Bergen Group Kimek Offshore AS for an enterprise value of approximately NOK 65 million. The transaction is expected to be completed within the end of this year. GMTH Holding is an investme
TTS Group ASA has, through its subsidiary TTS Marine GmbH in Bremen, Germany, signed two contracts for anchor and mooring winches with a total value of NOK 36 million (USD 5.8 million). The contracts means that even more ships are adopting TTS’ products. The first contract is for three LNG Carriers
The innovative propeller nozzle manufacturing method with basically one single weld only, is now operational in the Chinese plant of Damen Marine Components (DMC) also. Consequently the technique with which DMC has revolutionized nozzle production, is up and running at both of its plants. Say hello
Drydocks World the internationally renowned provider of maritime and offshore services to the shipping, oil, gas and energy sectors, created history in marine and offshore operations. A marvel of onshore engineering and production operations, this feat was achieved when Drydocks World lifted the 10,
Wärtsilä is to supply its Wärtsilä X92 main engine for a series of four Post Panamax 9000 TEU container ships to be built for the Ciner Group, based in Istanbul, Turkey. There is an option for a fifth vessel. Each vessel will be powered by an 8-cylinder Wärtsilä X92 engine. The ships will be built [
Interlink Maritime exercised its option to build five more 38,800 dwt bulk carriers at Taizhou Kouan Shipbuilding. These 38,800 dwt ships will be based on the Green Dolphin design, created by the Shanghai Merchant Ship Design & Research Institute (SDARI). The Green Dolphin concept design is a five-c
Wison Offshore & Marine Ltd. (Wison Offshore & Marine) announced today the commencement of the installation of the topsides liquefaction equipment on the Caribbean FLNG project marking another significant milestone toward completion of what will be the world’s first floating LNG liquefaction and sto
TTS Group ASA has, through its subsidiary TTS NMF GmbH in Hamburg, Germany, entered a contract with Hyundai Mipo Dockyards Co. Ltd. in Ulsan, South Korea with a total value of NOK 40 million (approx. USD 6.5 million). The contract concerns delivery of cargo cranes to Ray Shipping Ltd. for 4 x 61.000
Wärtsilä, the marine industry’s leading solutions and services provider, has received the order to supply complete main propulsion systems for six new chemical tankers. The ships are being built at the Hudong-Zhonghua Shipbuilding Group yard in China on behalf of Stolt Tankers B.V., the operator of
