JES International Holdings Limited, further to the Company’s announcement on 8 October 2012 and 30 October 2012 relating to contracts won for four UT 755 LN PSVs in total, has entered into the option agreement to build another four UT 755 LN platform supply vessels (PSVs) for the same Norwegian cust
In the past week shipbuilding industry recorded 13 orders, according to Fearnleys Weekly report. Three of four contracts have been assigned to Chinese shipyards and one went to Korea. Norwegian-Bermudean shipping company Stolt-Nielsen awarded CSSC Hudong shipyard with a contract for four 38,000 dwt
Petrobras, alongside its partners BG Group and Repsol Sinopec Brasil, and by means of its affiliate Guará-BV, announced that the construction work for FPSO Cidade de São Paulo was completed on November 11. The vessel has left the Brasfels shipyard, in Angra dos Reis and is currently undergoing final
STX OSV Holdings Limited, a major global designer and shipbuilder of offshore and specialized vessels headquartered in Norway, announced its results for the third quarter (“3Q 2012”) and nine months ended 30 September 2012 (“9M 2012”). Financial and Operating Review STX OSV generated revenue of NOK
Due to continuous delays in the construction and delivery of two long term charter vessels originally to be built at Zhoushan Jinhaiwan Shipyard Co. Ltd., China, Ultrabulk has mutually agreed with head owners to cancel the charter contracts for two Kamsarmax (large Panamax) bulkers without further c
IHC Beaver Dredgers has delivered another Delta Multi Craft (DMC) 1200 workboat to Subsea7. The workboat will be used in combination with a new IHC Beaver 1200 cutter dredger and set to work in Western Africa. It was supplied from stock to ensure a minimum lead time, and the workboat and dredger hav
VOSTA LMG announced that effective on the 12th of November a conditional sale and purchase agreement of VOSTA LMG Group of Companies and CFT International GmbH by a company of ASL Marine Group has been agreed upon. VOSTA LMG’s business is complementary to the Group’s current business segments of shi
It seems that COSCO’s tanker ordering spree is heading forward. Namely, China Ocean Shipping Group Co., ordered four very large crude carriers (VLCCs) from China State Shipbuilding Corp (CSSC). The contract was signed on Monday, Seatrade Asia reports. The value of the contract was not disclosed. Rep
Drydocks World one of the world’s leading maritime service providers announced today that Chairman Khamis Juma Buamim had highly productive discussions with the Indonesian Defense Minister HE Prof. Dr. Purnomo Yusgiantoro on wide ranging issues of mutual co-operation within the maritime industry wit
PM Coast Maritime Pte. Ltd. has completed sea trials of PMS 1386, the first of two RAstar 3200 tugs to be built by their own shipyard in Singapore. The RAstar class of tugs is intended for operations in exposed areas such as many new LNG terminals where a high standard of sea-keeping is required. Wi
Four new Royal Fleet Auxiliary tankers which will be bought as part of the Military Afloat Reach and Sustainability (MARS) programme will be called the Tide class. The 37,000 tonne ships will come into service from 2016 to replace the RFA’s single hulled tankers and will maintain the Royal Navy’s de
Offshore handling systems specialist, Caley Ocean Systems, has been awarded a contract to supply leading dredging and marine engineering company, Jan de Nul NV, with a 5,400Te capacity cable turntable for the MPV Willem De Vlamingh. Mid 2013, Jan de Nul is installing 245kV export cable connecting th
Grandweld Shipyards has announced the successful delivery of the new build “Zamil 101” the first of three fast aluminum crew boats to Zamil Offshore. The vessel was part of a contract, which was signed in November 2011, to build and deliver three sister crew boats. The 33.5m fast crew boat is powere
The Honourable Gail Shea, acting Minister of Fisheries and Oceans Canada, and the Honourable Peter MacKay, Minister of National Defence and Member of Parliament for Central Nova, today presented the second of the Canadian Coast Guard’s new Hero class vessels, the CCGS Caporal Kaeble V.C. The CCGS Ca
