According to an April 17 report from Reuters, China's Yangzijiang Shipbuilding (YAZG.SI) and a Middle Eastern investor will buy an indirect stake in Singapore-based oil-rig maker PPL Shipyard in a $113m deal.
BW LPG Limited exercises purchase option over Very Large Gas Carrier Vermilion First.
The VLGC Vermilion First has been on a time charter with BW LPG since
Bordelon Marine is partnering with Susan G. Komen as part of its continuing relationship to christen the MV Shelia Bordelon on Friday, March 20th at Bordelon Marine Shipbuilders in Houma, LA.
Maersk Line CEO Soren Skou said ships with capacities of 25,000 twenty-foot-equivalent units are possible but not practical today, and that he expects 18,000-19,
Offshore driller Nabors Industries Ltd reported a quarterly loss, hurt by lower drilling activity amid a slump in global crude prices.
The company posted a net loss of $891.
Maersk Drilling was awarded a contract from eni Ghana Exploration and Production Ltd. for employment of the newbuild drillship Maersk Voyager.
25 Units Orders in 2014: 10 FPSOs, 1 Barge, 4 FLNGs, 7 FSRUs & 3 FSOs
The overall number of orders is similar to the average ordering pace over the past 10 years,