Fincantieri, through its wholly-owned subsidiary Fincantieri Oil & Gas S.p.A., has completed the acquisition of 50.75% of STX OSV from STX Europe, at a price of SGD 1.22 per share, totaling approximately Euro 455 million (approximately SGD 730 million). In compliance with the rules of the Singapore
Pacific Drilling S.A. announced today that its wholly-owned subsidiary exercised an option to construct its eighth ultra-deepwater drillship with Samsung Heavy Industries. “We are extremely pleased to announce the order of our eighth ultra-deepwater drillship,” stated Pacific Drilling CEO Chris Beck
The maritime security of India got a further boost today with the induction of state-of-the-art new generation Naval Offshore Patrol Vessel (NOPV), INS “SARYU”, indigenously designed in-house and built by Goa Shipyard Limited. The Vessel was formally commissioned into the Indian Navy by Air Marshal
Chengxi Shipyard Co., Ltd has launched the fourth 71.900 DWT Self-unloading (SUL) bulk carrier for the Norwegian owner, Torvald Klaveness. The representatives of the owners, surveyors, Mr. Cao Xueming, Vice President, Mr. Ji Jun, Vice President and heads from other related departments of the shipyar
On 16 January, 2013, in Pusan (South Korea), a grand naming ceremony took place for Sovcomflot Group’s new tanker. The vessel was named in honour of the distinguished Russian maritime lawyer Anatoly Lazarevich Kolodkin. This vessel is the third to be built as part of an agreement between OAO Sovcomf
Hoegh Autoliners has signed a contract with Xiamen Shipbuilding Industry Co., Ltd to build three next generation PCTCs (Pure Car and Truck Carriers), which will be the hallmark of the industry. Deltamarin signed a design contract with Xiamen Shipbuilding Industry Co., Ltd for the Basic (Approval) De
Last week, leading petroleum tanker operator, AET, took delivery of a new 320,000 dwt VLCC from Korean yard, Daewoo. Named Eagle Vancouver, this vessel is one of the world’s first newbuilds to comply with the Ballast Water Management (BWM) Convention. Although yet to be ratified, the IMO Convention
Kongsberg GeoAcoustics recently delivered a full side-scan sonar package to Hyundai Heavy Industries Co. Ltd, Korea, for installation on a new-build survey vessel that will enter operation for the Geological Survey of India (GSI) in 2013. As part of a comprehensive delivery from Kongsberg Maritime,
Fabricom AS, a GDF SUEZ Energy Services company, has been awarded a contract by Marathon Oil Norge AS for provision of maintenance and modification services for the company’s Alvheim floating production, storage and offloading (FPSO) operations. The contract includes provision of engineering studies
Newport News Shipbuilding (NNS) will on Saturday, Jan. 26th, lift and place the 555-metric ton island onto the flight deck of Gerald R. Ford (CVN 78), the first of the next-generation class of nuclear-powered aircraft carriers. The ship’s sponsor and President and Mrs. Gerald R. Ford’s daughter, Sus
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 56,000 dwt type bulk carrier M.V. “OCEAN SPLENDOR” (MES Hull No. 1841) at its Tamano Works on 17th January, 2013. This vessel is a handy-max type bulk carrier of 56,000 dwt, built for Mingtai Navigation Co., Ltd., Taiwan, wi
The fabrication of two multifunction offshore supply vessels fabricated by ZPMC for East Sunrise (Group) Co., Ltd. was launched, on January 4th, with a total building cost of 497 million yuan (approx $79.9 mln). With a power of 9,000kW, the vessels are anchor-handling supply tugs. With a wide range
Shanghai Waigaoqiao Shipbuilding Co., Ltd. has signed contracts for the construction of in total 6+2+2 sixth generation 180,000 dwt capesize bulk carriers with two EU shipping companies. By optimization design and configuration of linear, propulsion equipment, affiliated energy saving device, Waigao
The President of the Republic of the Philippines, Benigno S. Aquino III, visited Austal’s shipyard in Balamban, Cebu last week to formally mark the facility’s opening. The event was attended by approximately 300 people, including Austal management and employees, local officials and other guests incl
