Fincantieri Gets $800M Order From HAL

Friday, February 11, 2000
Holland America Line, owned by cruise giant Carnival Corp., ordered two $400 million ships from Italian shipyard Fincantieri Cantieri Navali S.p.A. for delivery in 2003 and 2004, the company said. Holland America said the 84,000-ton, 1,800-passenger ships will feature exterior elevators and will be built at Fincantieri's Marghera shipyard. Each will and measure 951 ft. (289.9 m) in length. Based in Seattle, Holland America said the two would be the third and fourth of a new series of vessels for the line. The company has options with Fincantieri for one more 84,000-ton sister ship.

Contracts

Nakilat Upgrades VSAT Service for LNG/LPG Fleet

Nakilat, the shipping arm of Qatar’s liquefied natural gas sector, has entered into a contract with Global Eagle Entertainment Inc.’s Emerging Markets Communications

Fred.Olsen Energy, Hyundai Settle Rig Dispute

Rig firm Fred. Olsen Energy and South Korean yard Hyundai Heavy Industries settle dispute over construction of semi-submersible rig Bollsta Dolphin. Shares in Fred.

NordLB to Shed Shipping Loans to KKR

German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5 billion portfolio of shipping loans from

Workboats

Tough Twins: New Fireboats for Port of Long Beach

Canada based naval architect and marine engineering firm Robert Allan Ltd. is a leading designer of high-performance response vessels of many types and in particular,

MN100: Voith Turbo

The Company: Voith Turbo specializes in the design, manufacture and servicing of high performance driveline equipment. From drive components to electronic drive systems,

MN100: Gladding-Hearn Shipbuilding, Duclos Corporation

The Company: For more than 60 years, Gladding-Hearn Shipbuilding has built steel and aluminum commercial vessels. Located on 6.5 acres on the deepwater Taunton River in Somerset, Mass.

 
 
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