President of the Russian Federation Vladimir Putin held, August 6, a working meeting with Sergey Frank, Sovcomflot President and CEO. Sergei Frank took the opportunity to brief Vladimir Putin on Sovcomflot’s projects, as well as on the company’s investment activities. Among the issues discussed duri
R&M Ship Technologies Finland Oy, a subsidiary of R&M Group, based in Turku (Finland), has received its first order from STX Finland Rauma Shipyard in June this year. It is about the conversion of the cruise ship MS Bergensfjord. The scope of R&M in this project includes the reconstruction of the ca
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 56,000 dwt type bulk carrier M.V.”SUN VILⅡ” (MES Hull No. 1851) at its Chiba Works on 6th August, 2013 to SUN VIL SHIPPING SA, the Marshall Islands. This vessel, classed by NK, is a handy-max type bulk carrier of 56,000 dwt
AVIC Weihai Shipyard Co., Ltd. has signed final contracts for the construction of three bulk carriers with Italian owners Visentini and Globeco. The owners decided to exercise their options for three handysize bulkers under the order that had been placed in early July. Visentini and Globeco had orde
CNPC and China State Shipbuilding Corporation (CSSC) yesterday signed a strategic cooperation agreement in Beijing. CNPC Chairman Zhou Jiping, CNPC President Liao Yongyuan and CSSC Chairman Hu Wenming had a discussion on promoting cooperation between the two companies, and attended the signing cerem
ABB, a global leader in power and automation technology has been selected by Fujian Mawei Shipbuilding Ltd. in China, to supply 24 dry-type propulsion transformers, for installation in 12 diesel-electric powered offshore platform supply vessels. The 2,300-kilovolt ampere (kVA) 480-volt dry-type ABB
A new management agreement has been signed with Blue Ship Invest AS, a wholly-owned subsidiary of the Ulstein Group. Atlantic Offshore will be responsible for commercial and technical management of Blue Protector, a newbuilding of PX121 design, upon its delivery from Ulstein Verft in September 2013.
After back-to-back deployments, USS Dwight D. Eisenhower (CVN69) (IKE) will be headed to Norfolk Naval Shipyard in Portsmouth for some necessary maintenance during a scheduled docking planned incremental availability (DPIA) period. A DPIA period is a time for a ship to undergo work and to receive ne
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced yesterday that it has chartered out four newbuilding MR2 product tankers, of which one is expected to be delivered in Q3 2013 and the other three commencing in Q1 2014. Vessel delivering in Q3 2013 One newbui
Scorpio Tankers Inc. announced today that it has reached agreements to construct four Very Large Gas Carriers (VLGC) at two yards in South Korea along with two MR and two Handymax ice class-1A fuel efficient product tankers at Hyundai Mipo Dockyard Co., Ltd. of South Korea (HMD). Additionally, the c
Rowan Companies plc announced today that one of its subsidiaries has entered into a three-year contract with Cobalt International Energy, L.P. for the Rowan Reliance, one of Rowan’s new ultra-deepwater drillships currently under construction at the Hyundai Heavy Industries Co. Ltd. (“HHI”) shipyard
Bestobell Valves have supplied valves to what has become the fastest LNG (liquefied natural gas) fuelled ferry ever built. Approximately 70 globe, check and thermal relief valves were supplied to Chart Ferox, a company based in the Czech Republic, which manufactured the fuel system for the ferry. Be
Take a look at the sea trials of the most energy-efficient ship in the world – the Triple-E vessel. Its innovative design and technological features of the vessel will reduce its carbon dioxide emissions by more than 50 per cent for every container it moves, compared to the industry average on the A
Prospector Offshore Drilling S.A. (PROS) said today that, further to the announcement made on 12 November 2012, one of the company’s subsidiaries has executed the necessary documentation for the senior secured loan facility with China Development Bank Corporation (“CDB”) for an amount up to USD 129.