Scorpio Bulkers Inc. has entered into agreements with unaffiliated third parties to sell two Capesize dry bulk vessels and four newbuilding Capesize dry bulk vessels under construction for approximately $227 million. Two of the Capesize vessels were constructed in China and delivered to the Company in 2015. Of the remaining vessels currently under construction, one is under construction in China and expected to be delivered in the fourth quarter of 2015 and the other three are under construction in Korea and are expected to be delivered in the first quarter of 2016.
Coflexip Stena Offshore came to an agreement with Hyundai Mipo Dockyard for the construction of its newbuild ultra deepwater pipelay and construction vessel, scheduled to begin operations in the second quarter 2001. The future multipurpose vessel, which will be named later on, is designed for subsea construction and for laying rigid and flexible pipe and umbilicals down to 2,500 m. The newbuild will offer a wide range of capabilities covering subsea construction and installation in any deep
Dolphin Offshore Enterprises (India) Ltd., an offshore construction and ship repair company for the oil and gas industry, has lined up investments worth Rs 1,000 crore over the next 5-6 years, a senior company official said. Dolphin has already invested $35m in the initial expansion plans like acquiring ships. Offshore construction being its main focus, Dolphin is looking at moving up the value chain with bigger contracts and would invest Rs 200 crore for expansion in this field.
The Southeastern New England Shipbuilding Corporation (SENESCO) has signed a major barge contract for construction of a 171-ft. hopper barge that will have a holding capacity of 2,750 cubic yards. Construction has already begun and is expected to be completed this fall. The barge is being built for Disch Construction of Summit, N.J. who will used the barge to transport dredge spoils. This contract coincides with SENESCO’s executive team expansion which includes the hiring of their first CFO
Danny R. Irby has joined Bollinger as executive vice-president, new construction responsible for all aspects of construction of new boats, barges and other specialized vessels and equipment, commercial and government. “Danny’s leadership and proven ability to successfully perform in all aspects of the new construction business makes him a great addition to our team as we continue our efforts to increase our business,” said Mike Ellis
Whether building piers and docks, repairing bridges or retrofitting port facilities, construction contractors experienced in working along the waterfront are in demand. To help construction contractors manage both the marine and non-marine exposures that come with working in and around the water, Travelers has developed the Marine Construction program, an insurance package that combines specialized underwriting, risk mitigation solutions and claim services.
Ferry service between South San Francisco and Oakland just moved one step closer to reality. The Board of Directors of the San Francisco Bay Area Water Transit Authority (WTA) approved construction phasing plans for the South Francisco Ferry Terminal at Oyster Point, contingent upon successful lease negotiations with the property owner (the San Mateo County Harbor District). If all goes according to plan, construction could start as early as this Fall.
BAE Systems’ shipyard in Alabama has begun construction on the first of two platform supply vessels (PSVs) for GulfMark Americas, Inc. Executives and employees from both companies gathered recently at the BAE Systems’ facility in Mobile to oversee the initial cutting of steel for the vessel’s first module, which is expected to be delivered in the second half of 2014. The BAE Systems-built 300-Class Green DP2 vessels are designed by MMC Ship Design & Marine Consulting
URS Corporation has been awarded an indefinite-delivery/indefinite-quantity, multiple award contract by the Naval Facilities Engineering Command, Atlantic to execute global contingency construction projects worldwide. Under the terms of the contract, URS can compete for or be awarded task orders by the U.S. Navy on behalf of the Department of Defense, and other federal agencies when authorized, for construction and engineering services related to natural disasters, humanitarian assistance
General Dynamics NASSCO and Braemar LNG BV announce LNG containment technology licensing agreement General Dynamics NASSCO and Braemar LNG BV, a wholly owned subsidiary of Braemar Shipping Services PLC, have signed a technology licensing agreement for Braemar to use NASSCO’s intellectual property in its design and construction of Flat-Panel, Semi-Membrane, Prismatic-Shaped (FSP) LNG containment systems.
South Korean shipbuilder Samsung Heavy Industries (SHI) has terminated a contract worth a 907.6 billion won ($776.8 million) for the construction of a liquefied natural gas (LNG) floating production and storage (FPSO) unit the shipbuilder signed with an unnamed European buyer back in January
Conrad Shipyard held the Keel Laying Ceremony for the four Damen Stan 3711 Kāpena Class tugs now under construction for Young Brothers, Limited of Hawaii. On hand for the ceremony was Glenn Hong, President of Young Brothers, Ltd; Jonathan Parrott, President of Foss Marine
Bibby Offshore won a contract with Shell, due to commence in Q1 2017, that will see Bibby Offshore provide engineering and subsea construction activities in the Gannet G field in the Central North Sea. Bibby Offshore is contracted to use utilize its multipurpose dive support and
With familiar faces, new partnerships and Houston office, Damen widens its North American profile with a flurry of new work orders. With a flourish and a flurry of new business, Damen’s new U.S.-based office officially opened in Houston, Texas on July 1, 2016
Future Independence-class littoral combat ship USS Gabrielle Giffords (LCS 10) successfully completed its acceptance trials Nov. 18. The trials consisted of a series of in-port and underway demonstrations for the Navy's Board of Inspection and Survey (INSURV).
Arkhangelsk Trawl Fleet (ATF) has entered into contract with Vyborg Shipyard for the construction of a series of fishing trawlers. The shipbuilding contract, signed at the the International Forum "The Fishing Fleet - New Impulse to Development" in Murmansk in March 2016
Cruising on pleasure boats goes back a long way on the large lakes of Central Europe. There has been a so-called White Fleet in Switzerland for more than 175 years. Now, the Lake Lucerne Navigation Company’s (SGV) latest generation of passenger boats has the countenance of a superyacht
The fifth Independence-variant littoral combat ship built by Austal, Gabrielle Giffords (LCS 10), successfully completed acceptance trials, Nov. 18, in the Gulf of Mexico. “I am proud of Austal’s achievement of another major milestone in the LCS program
A Reuters report quoting Saudi Arabia's energy minister Khalid al-Falih said that the country expects a huge ship repair and shipbuilding complex that its national oil company Saudi Aramco is developing at Ras al-Khair on the kingdom's east coast to cost over 20 billion riyals ($5
SVEZA Ust-Izhora plywood mill recently obtained the GTT (Gaztransport & Technigaz) Approval confirming compliance with specification of containment system for liquefied natural gas carriers. SVEZA Group is a leader in birch plywood production
JSC Admiralty Shipyards has finished building a series of six submarines for the Russian Navy’s Black Sea fleet, marked with a flag lifting ceremony on the large diesel-electric submarine Kolpino, which was transferred to the Russian Navy.
The Royal Institution of Naval Architects (RINA) has elected John Hatley PE, Vice President, Americas, and Director of Market Shaping, Wärtsilä Marine Solutions, as a Fellow of the institution. Candidates for election as a Fellow (FRINA) must have demonstrated exceptional
Royal IHC has announced they have signed a contract with Shanghai Salvage in China for the supply of an integrated 550t Reel lay system. This will be the first Reel lay system in the Chinese market and will be one of the largest and most sophisticated Reel lay systems worldwide.
The Shipping Ministry of India has announced the details of various ongoing major projects for development of National Waterways (NWs), which are as under four divisions. The government also revealed the techno–economic feasibility studies and Detailed Project Report
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced today that Royal Inauguration Ceremony of King Salman Global Maritime Industries Complex was held at Ras Al-Khair, Saudi Arabia with the attendance of His Majesty King Salman bin Abdulaziz Al Saud on November 29