Wärtsilä, the marine industry’s leading solutions and services provider, has signed a contract for the design of a new diving support vessel (DSV) to be built for Subsea 7, the seabed-to-surface engineering, construction, and services contractor to the offshore energy industry. The brand new VS 4725
Malaysia-based international offshore oil and gas services provider, Bumi Armada Berhad announced today that its jointly controlled entity, Armada D1 Pte. Ltd. has secured syndicated term loan facilities of up to USD276.4 million from Allahabad Bank, Bank of Baroda, Bank of India, Indian Bank, India
Arctech Helsinki Shipyard has been awarded a contract to build a 16 MW icebreaker for the Russian Ministry of Transport. The contract has been awarded together with OJCS Vyborg Shipyard. The total value of the vessel is about EUR 100 million. The project will start immediately and the vessel will be
The Board of Directors of COSCO Corporation (Singapore) Limited announced today, Dec. 19th, that the contract for one Harsh Environment Semi-Submersible Accommodation Rig, signed by COSCO Qidong Offshore Co., Ltd, a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd with
Eastern Shipbuilding Group, Inc. has launched the HARVEY DEEP‐SEA, the fourth of its Tiger Shark Class Offshore Support Vessels being constructed for Harvey Gulf International Marine, LLC of New Orleans, LA. The HARVEY DEEP‐SEA is Eastern’s second Construction Vessel (LCV) for Harvey Gulf. Eastern S
Pacific Drilling S.A. announced yesterday that it has reached an agreement with Samsung Heavy Industries to extend an option to construct an eighth ultra-deepwater drillship until January 18, 2013, on the same commercial terms, including delivery scheduled for the first quarter of 2015. Pacific Dril
Besides an order of four Deltamarin designed bulkers, CSSC Chengxi Shipyard announced that it has been awarded two other contracts for the construction of four bulk carriers, SinoShip reports. Namely, one week after Swire Shipping placed an order for additional energy efficient bulk carriers, CSSC C
On 7th December the China Navigation Company Pte Ltd (“CNCo”) confirmed an order for four more 39,500 dwt Deltamarin designed B.Delta37 handysize bulkcarriers to be built at Chengxi Shipyard in China. Following an initial order placed in March this year, CNCo has now contracted a total of 8 B.Delta3
During her voyage to Norway on December 10th, Christos XXII towed a part of Blue Thunder (new build PSV), when her towing wire broke in severe weather circumstances. Through a Norwegian Broker, KOTUG was approached to assist Christos XXII. Because of busy times in the port, KOTUG chartered the shoal
As of this week, Damen Shipyards Group is the new owner of French shiprepair yard Arno Dunkerque, the only operator for ship repair and conversion in the 3rd largest French port, Dunkirk. The yard will continue its ship repair and conversion services. Furthermore, its personnel and management will r
Wärtsilä, the marine industry’s leading solutions and services provider, has signed a contract with China Oilfield Services Ltd (COSL) to supply the designs for a total of six new ships. The two Platform Supply Vessels (PSVs) and four Anchor Handling Tug Supply (AHTS) vessels will initially provide
The message from the speakers at classification society Germanischer Lloyd’s GasPax forum was clear: “If you are ready to order it, we are ready to build it!” The event was held to celebrate the completion of the GasPax project and award approval in principle certificates, the culmination of several
Rolls-Royce, the global power systems company, has won a contract to supply a high-strength controllable pitch propeller for a new ice-breaking cargo ship which will transport highly valuable nickel and copper concentrates from Canada, through the Arctic ice, to customers in Europe. Canadian company
The CMA CGM Group announced the christening of the world’s largest containership, the CMA CGM MARCO POLO (16 000 TEU), today at the Container Terminal of Zeebrugge, in presence of her godmother, Mrs. Naila Saadé, President of the CMA CGM Corporate Foundation and wife of Mr. Jacques R. Saadé, CMA CGM
