Norwegian shipbuilding group Kleven Maritime AS won a $477m contract to build six ships for Siem Offshore, the companies announced. Kleven said the contract shared by its two western Norway yards was the largest in its history. The shipyards will deliver six, 292-ft. anchor handling tugboats during 2009 and 2010, with an option for six more in 2010. The ships will be capable of anchor handling as well as construction work for the offshore oil industry. Source: AP
Samsung Heavy Industries Co. reportedly won a $240 million order from Germany's Hamburg Sud to build six 3,400-TEU containerships.
South Korea's STX Shipbuilding Co. (067250.SE) said Wednesday that it received a $266.7M order to build six petrochemical product carriers. An STX spokesman said the South Korean shipbuilder won the order from a Hong Kong-based company, but declined to identify the company. STX will deliver the tankers - which will have the capacity to load 51,000 tons of petrochemical products - by Sept. 2009, the company said.
Samsung Heavy Industries Co., has received a $771m order to build six container ships from a European company. The vessels will be delivered by July 2010, it said in a filing with the Korea Exchange. The value of the order accounts for 11.2 percent of its recent sales. Source: Yonhap
Singapore conglomerate Keppel Corp its unit Keppel Offshore & Marine's subsidiary, Keppel Singmarine Pte Ltd, has won four contracts from four companies to build six offshore support vessels and a pipelay vessel. The vessels are scheduled for delivery in the second half of 2009 and first half of 2010. Source: AFX
Shares of Essar Shipping were up on reports that Essar Shipping & Logistics signed a deal to build six bulk carrier at STX (Dalian) Shipbuilding in China, according to a report on http://economictimes.indiatimes.comThe estimated cost of each vessel is $65 million, making it a $390-million deal.
Conrad Industries, Inc. is expanding its products and services to include aluminum marine fabrication, repair and conversion for both commercial and government customers. The expansion is part of a $5.5 million investment in one of the company's existing facilities in Amelia, La. Kenneth G. "Jerry" Myers, Jr., Conrad's President and CEO commented, "We are extremely excited to announce our entrance into the aluminum marine fabrication, repair and conversion business via our subsidiary
As the Ashgabat correspondent of Turkmensitan.ru reports, the Vyborg Shipbuilding Yard of Russia has won an international tender to design and build six fishing-refrigerating vessels for the State Committee of Fishing Industry of Turkmenistan. Turkmen President Saparmurat Niyazov signed a relevant decree yesterday. The document, which was adopted with a view to fulfilling the task of increasing volumes of fishing in the Caspian Sea and taking steps to upgrade the fishing fleet of the
On Thursday 16 April 2009, STX Europe delivered from its Rauma yard the fifth cruise ferry for Tallink, the Baltic Queen. The vessel is worth $233.6m. The vessel will start operations between Stockholm - Tallinn route on 24 April 2009, replacing the M/S Romantika. The queen is the sistership for the Baltic Princess, handed over from the Helsinki shipyard in July 2008. The queen is the fifth sophisticated cruise ferry STX Europe has delivered for Tallink
BMT Nigel Gee (BMT), a subsidiary of BMT Group, has announced its latest partnership with Ares Shipyard to design and build six 18m patrol boats from advanced composites, for the Bahrain Coast Guard which have a maximum design speed in excess of 35 knots. The contract also has an option for an additional six vessels. Undertaking the full detailed design including hull form optimization, structural design and machinery layout
Family owned shipping and energy services firm, Craig Group, announce the investment of £70million to build six new vessels at the Balenciaga Shipyard in Northern Spain. Four D class IMT 950 Emergency Response and Rescue Vessels (ERRVs) and two F class IMT 958 ERRVs will be delivered during
ExxonMobil Corp has agreed to renew its charter agreement for the 337,000-barrel 'Overseas Cascade' at an unprecedented $110,000 a day, nearly a 50 percent increase from its previous rate for the same ship this summer, reports Reuters, citing shipping sources.
Singapore-based ASL Marine Holdings Ltd. say that its wholly-owned subsidiary, ASL Shipyard Pte Ltd (“ASLS”), has secured new shipbuilding contracts worth approximately S$97-million for the construction of six vessels. The vessels comprise:
DBR will supply emergency/harbor diesel generator sets for six new pipelaying vessels under construction at IHC Merwede in the Netherlands for Subsea 7 and SapuraKencana. The order for the custom engineered units, generating up to 1,875 kVA, follows DBR’s successful delivery of three similar
According to a Jan 31 report from Reuters, South Korea's small and medium-sized shipbuilder Sungdong Shipbuilding and Marine Engineering Co Ltd won orders worth $582.6m to build six large container ships. (Source: Reuters)
According to a report from Bloomberg, Seoul-based Samsung Heavy Industries Co. received orders to build six liquefied natural gas carriers worth a total $1.2b as demand for the fuel surges, prompting a jump in the shares. (Source: Bloomberg)
Box Ships Inc., (NYSE: TEU), a global shipping company specializing in the transportation of containers, announced that it has taken delivery from Paragon Shipping Inc., of the Box Trader and the Box Voyager, two 3,426 TEU high specification vessels built in 2010
According to a report on www.colombopage.com, Sri Lanka's state-owned Colombo Dockyard, won six new shipbuilding projects from Singapore and India. One of the projects is to build four units of 78M Multi-purpose platform supply Vessels to its Singapore Client
Wärtsilä power and positioning systems have been selected for ships being built for use by the Brazilian energy company Petrobras Wärtsilä has been contracted to supply integrated power solutions to six new offshore Pipe Laying Vessels (PLVs) being built for operation in
Greece-based shipowners, Costamare Inc., report financial statement 2Q & 6 month period ending 30, June 2012 Mr. Gregory Zikos, Chief Financial Officer of Costamare Inc., commented: "During the second quarter of the year, the Company continued to deliver positive results.
Vigor Industrial is a comprehensive marine services provider specializing in shipbuilding and ship repair. Three years ago, Vigor initiated an aggressive growth strategy that consolidated major shipyard facilities in Oregon, Washington, and Alaska under one umbrella
Wisdom Marine Group signed a two-tranche syndicated loan agreement for $5.92 million (USD) and ￥11.88 billion ($119.43 million, USD) with six domestic banks to finance its orders with three Japanese shipbuilders, Taipei Times reported. The syndicated loan was co-led by First Commercial Bank and
OSI Maritime Systems (OSI) is announced the signing of a Letter of Award with Boustead Naval Shipyard (BNS), Malaysia. Under the Littoral Combat Ship (LCS) program, BNS will build six Gowind-class corvettes for the Royal Malaysian Navy. Under the terms of this agreement
IHC Merwede’s Offshore division secured orders worth over €1 billion for the design, engineering and construction of a total of six pipelaying vessels. The agreements for these six ships have been signed with Subsea 7 and Seabras Sapura, the partnership between SapuraKencana and Seadrill
Family-owned shipping and energy services firm, Craig Group, today announced the investment of £70 million to build six new rescue vessels at the Balenciaga Shipyard in Northern Spain. Four D class IMT 950 Emergency Response and Rescue Vessels (ERRVs) and two F class IMT 958 ERRVs will be