Daewoo Shipbuilding & Marine Engineering reportedly received a $560 million contract to build four very large crude carriers (VLCC) and one product carrier for Kuwait Oil Tanker Co (KOTC), according to Reuters.
Ship Finance International Limited (SFL) has announced the agreement to acquire two 5,800 teu post-panamax container vessels built in 2001/2002 in combination with long-term charters.
MacGregor, part of Cargotec, has secured deck equipment contract for a series of eight 58,500 dwt bulk carriers under construction at New Times Shipbuilding in China.
Viking Offshore & Marine Limited has announced it would participate in the ownership of a second cantilever drilling jack-up rig, further strengthening its partnership with Singapore rig veteran,
RS has carried out a new phase of surveyors training on classification services for LNG carriers.
The first phase (2008-2010) was carried out by RS in cooperation
By Jonathan Saul and Oleg Vukmanovic, Reuters
Deliveries of new gas tankers have created a glut that is threatening to tip some operators into losses, just as
Rebels deny losing control of North Korean-flagged tanker; Government says tanker being taken to western port. Oil blockade has slashed vital government revenues.