Mermaid Maritime Public Company Limited announced yesterday that Asia Offshore Drilling Limited (AOD), an associate company, has taken delivery of its third new‐build jack‐up rig, ʹAOD IIIʹ, from Singapore‐based builder Keppel FELS Ltd. (Keppel FELS). The Company founded AOD in 2010 and currently ho
OAO Sovcomflot (SCF Group) and ING BANK N.V. have signed a USD 75 million, 10 year project credit facility. The funds will be used towards financing two new LPG carriers, currently under construction at the Hyundai Mipo Dockyard Co. Ltd, which will operate on long-term contracts with the Russian pet
COSCO Corporation (Singapore) Limited announced that COSCO (Nantong) Shipyard Co. Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured a contract valued over USD 200 million from COTEMAR S.A. De C.V., a company incorporated in Mexico, to build one (1)
Attunity Ltd., a leading provider of information availability software solutions, announced today that Kongsberg Maritime, the leading provider of technology solutions for the global maritime market, has signed an OEM agreement to embed Attunity replication technology as part of the new Kongsberg In
Wärtsilä, the marine industry’s leading solutions and services provider, has received its first two orders, a total of seven engines, for theWärtsilä X62 2-stroke low speed engine. The Wärtsilä X62 is a midsize engine tailor made for Panamax Bulk Carriers, Aframax or Long Range 2 (LR2) Tankers and C
Dubai Maritime City LLC (DMC), the world-class mixed-use maritime cluster, announced the signing of long term partnership agreement with Mubarak Marine LLC. The agreement is for the development of an industrial complex project for maritime services, shipbuilding and repair worth AED 130 million. Thi
On July 10th, Mr. Juan Pablo Vega, president of Mexican offshore operator Naviera Integral, signed a contract for two Damen Fast Crew Suppliers 5009. With these vessels Naviera Integral will continue to serve its client PEMEX, delivering personnel and cargo from and to platforms in the Gulf of Mexic
Dae Sun Shipbuilding and Engineering Co., Ltd. (Dae Sun) located in Busan, Korea inked a newbuilding contract with Dong Jin Shipping Co., Ltd, Korea for 1,000 TEU feeder container carrier, one of the most renowned products of the shipyard, on July 11th. This newly contracted vessel is scheduled to b
Fincantieri and the French cruise line Compagnie du Ponant have signed a contract for the construction of a super-luxury cruise ship. The new ship will be the twin to “Le Soleal”, the mini-cruise ship delivered last month, and follows “L’Austral” and “Le Boreal”, delivered in May 2010 and April 2011
Blue Star Line Chairman Clive Palmer today announced the appointment of Lloyd’s Register to review the design and safety features for Blue Star Line’s Titanic II project. Mr Palmer said Lloyd’s Register had more than 250 years’ experience with passenger ships and would review key design drawings, ca
Aker Solutions has won a contract to supply a complete Pusnes wire mooring system for a cylindrical-shaped accommodation unit being built at Cosco Nantong Shipyard in China. The equipment includes three triple wire winches, three control cabins, nine wire fairleads, three hydraulic power units and t
Norwegian Cruise Line announced today that it has confirmed an order for a second “Breakaway Plus” cruise ship with MEYER WERFT GMBH of Papenburg, Germany for delivery in spring 2017. Along with the first Breakaway Plus ship, which is scheduled for delivery in October 2015, these two new vessels wil
The Royal Institution of Naval Architects and QinetiQ are introducing a new international Award, which aims to both recognise and encourage scientific and technological innovation in the maritime industry. Innovation is a key to success in all sectors of the maritime industry and the research carrie
PIRIOU has developed its own range of Fast Passenger & Supply vessels (FPSVs), the results of its shipbuilding and ship maintenance experience gained in the shipyard in Nigeria. These new designs offer a series of particularly sought after characteristics: Improved lightship and loaded speeds with c