Otto Marine Limited, an offshore marine company which specializes in building complex offshore support vessels, ship chartering and offers specialized offshore services, has announced a number of changes to its key management to strengthen its shipbuilding capability further. On 15 March 2013, Mr. A
On Thursday, March 14th, Shipyard Ferus Smit GmbH., Leer delivered MV Reestborg to Royal Wagenborg. This multi-purpose vessel of 23,000 tons, measuring in length nearly 170 meters and in width 20.40 meters, is the largest vessel Wagenborg has ever owned. This is also the largest ship ever to be buil
Prospector Offshore Drilling S.A. announced today that it has entered into, and made effective, two independent shipyard contracts (“Shipyard Contracts”) with Shanghai Waigaoqiao Shipbuilding Co. Ltd (“SWS”) Shipyard in Shanghai, China for the construction of two additional high specification harsh
After last week’s successful naming and delivery ceremony of TEN’s two fully-coated DP2 shuttle tankers, Sungdong Shipbuilding & Marine Engineering has won orders from two Greek shipowners to build 10 bulk carriers in total. The first order for three plus one option comes from Alcyon Shipping with t
Capital Product Partners L.P. announced, on Friday, an agreement to issue 9.1 million Class B Convertible Preferred Units (“Class B Preferred Units”) to funds managed by Kayne Anderson Capital Advisors, L.P. and Oaktree Capital Management, L.P. as well as and the Partnership’s Sponsor, Capital Marit
The United States Department of Defense has announced that Austal USA has been awarded a US$19.987 million modification to a previously awarded Littoral Combat Ship (LCS) contract. The modification exercises options for class service efforts and special studies, analyses and reviews for the LCS prog
Huntington Ingalls Industries’ Newport News Shipbuilding (NNS) division celebrated the first official construction milestone for a Virginia-class submarine yesterday with its namesake, U.S. Sen. John Warner. The keel was laid for John Warner (SSN 785), the only Virginia-class submarine to bear the n
In a shipyard in South Korea workers are building the world’s largest ships – Maersk Line’s 400m long Triple-E container vessels. Maersk and Discovery Channel have teamed up to bring you every stage of construction from design to maiden voyage. In this six episode TV-series, Discovery Channel has ex
Sembcorp Marine’s subsidiary PPL Shipyard has secured orders for two turnkey contracts with a combined value of US$417 million for the construction of two units of jack-up rigs from repeat customer Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V (“Oro Negro”). Scheduled for delivery a
On March 13, 2013 Vroon announced the order of two newbuilding platform-supply vessels (PSV) at Fujian Southeast Shipyard in China, with an option for two additional vessels. The two 78-metre PSVs (KCM design) are scheduled for delivery during 2015 and will be operated by Vroon Offshore Services. “W
The new cruise ship, AIDAstella, was christened at a special ceremony held in Warnemünde on the evening of March 16, 2013. The most emotional moment was the remarkable ceremony in the Theatrium when a total of ten godmothers performed the actual christening with the words: “You exquisite ship, we ch
MV Royal Grace Freed by Pirates after One Year On 8 March 2013 EU Naval Force (EU NAVFOR) flagship ESPS Méndez Núnez provided much-needed assistance to the crew of chemical tanker MV Royal Grace after the vessel was unexpectedly released by Somali pirates. The pirates had held the vessel after attac
The IHC Merwede stand (number 2625) will feature a diverse range of innovative vessels, advanced equipment and life-cycle support activities at this year’s Offshore Technology Conference (OTC). The company is exhibiting at the annual event in Texas, USA, which runs from 6 to 9 May and is expected to
Every day, we witness a constant commitment of ship builders and ship operators to improve environmental and commercial performance of their vessels. Oshima Shipbuilding and DNV are not an exception. Jointly, Oshima Shipbuilding and DNV developed the ECO-Ship 2020, a concept design for an open hatch
