Nordic American Tankers Ltd. today announced that its Board of Directors has declared a dividend of $0.16 for the fourth quarter of 2012. The Company is assessing expansion plans including ordering of new vessels from shipyards or buying second hand vessels at historically low prices. The level of t
MS Queen Elizabeth 2 Known popularly as (QE2) will be moved today to Drydocks World Dubai for undertaking classification checks prior to her renovation as a luxury floating hotel. Before her retirement to Dubai on 11th November 2008, the QE2 took regular cruises around the world as well as operating
Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard, a global leader in the highly specialised segment of cruise ship repairs, refurbishment and conversion, ushered in 2013 with a series of 4 cruise ships in January. Another 8 cruise ships have been secured for refits in 2013 with total est
Greatship Global Energy Services Pte. Ltd., a Singapore incorporated subsidiary of Greatship (India) Limited (GIL), which is a wholly owned subsidiary of The Great Eastern Shipping Company Limited has taken delivery of a mobile offshore self elevating drilling rig, Le Tourneau Super 116(E) – ‘GREATD
Deep Sea Supply Plc and BTG Pactual Oil & Gás Participações S.A. announced that they have agreed to enter into a joint venture for the ownership and operation of Platform Supply Vessels (“PSVs”) and Anchor Handling Tug and Supply Vessels (“AHTS”) in Brazil. The Joint Venture will be owned 50/50 by B
Italdraghe SpA (Italy) recently supplied and commissioned two rudder propellers for installation on the Indian-built crane barge MV Narmada Jalprabha, which was designed for iron and coal carrier un/loading. The vessel, built by M/S Shoft Shipyard (Bharuch) for the Ahillyabai Sardesai Group features
OOCL announced the christening of its newest 8,888 TEU vessel at a naming ceremony held on the Changxing Island shipyard in Shanghai yesterday. “This magnificent vessel, the OOCL Miami, is another shining example of Hudong-Zhonghua’s skills and craftsmanship in building top quality ships,” said Mr.
Finland-headquartered DP manufacturer Navis Engineering has delivered its dynamic positioning system for the innovative cruise ferry Viking Grace. The 214-m long Viking Grace, delivered to her owner Viking Lines by the Turku-located STX Europe shipyard on January 10, 2013, is said to be one of the m
IHC Merwede is building three 550t pipelaying vessels simultaneously at its Krimpen aan den IJssel yard in The Netherlands. The keel-laying ceremony for the first of two identical 550t pipelaying vessels for TL Offshore, a subsidiary of SapuraKencana, took place on Tuesday 15 January. This event was
STX Pan Ocean successfully took over 83,000 DWT class Panamax, STX Horizon, on January 8th, as the first delivery of this year. Built at STX Dalian Shipbuilding Complex, the vessel is 229m long, 32m wide and 20m high bulk carrier. Having concluded strategic contracts for long-term transportation wit
Heesen Yachts announced that the collaboration with the Italian designer Francesco Paszkowski is strengthening and recently led to the creation of a new design: A 58 metre with a sleek and aggressive look. The relationship between Heesen Yachts and this Italian designer dates back to the Nineties wi
Last Wednesday January 9th 2013 Damen Shipyards launched, at their Chinese Nantong Yahua Shipyard, the second crane barge 6324 in row. The CBa 6324 is designed for transshipment works in open waters and will be equipped with a Liebherr CBG350 crane, a proven design and well accepted crane in the tra
China State Shipbuilding Corporation (CSSC) has sealed a deal to build two additional drillships for Reignwood Group’s subsidiary Opus Offshore, thus exercising an option from a previous order made by Opus offshore in January 2012. Shanghai Shipyard, one of the top shipbuilding and repairing bases u
CP Latina informed SD Standard Drilling Plc., that they will exercise previously granted option for purchase of B338 jack-up rig, currently under construction at Keppel FELS at the agreed gross price of USD 215 million. Financial and legal closing of the transaction is set to take place on 15th of M
