News

Kawasaki Heavy Industries, Ltd has decided to acquire a stake in Dalian COSCO Shipbuilding Industry Co., Ltd. (DACOS), a shipbuilding company based in Dalian, China.

A new stance by Indonesia has made a major difference in what was once the world’s top piracy blackspot.

Reef Subsea AS announced today that they have been awarded a contract with Talisman Energy (UK) Ltd for the provision of two maintenance support vessels.

With this year’s RORO event approaching, a number of the rolling cargo industry’s biggest players have announced that they will be heading to this year’s event to plan for the future.

Sembcorp Marine’s subsidiary PPL Shipyard has secured a US$208 million contract to construct a Pacific Class 400 jack-up drilling rig for Perisai

Renewable Energy Systems (RES) has completed the construction of a 28MW Kelburn wind farm in North Ayrshire, Scotland.

GE has delivered two cogeneration sets for the Forest County Potawatomi Community's (FCPC) planned biogas combined heat and power (CHP) project in Wisconsin, US.

MONTHLY LIST OF VESSELS BEACHED AT THE INDIAN SHIP BREAKING YARDS

The Navy accepted delivery of the future USS Michael Murphy (DDG 112) today from General Dynamics at their Bath Iron Works shipyard.

Fairmount Marine’s tug Fairmount Sherpa has towed the rig ODN Tay IV from Las Palmas towards al location offshore Rio de Janeiro,

ERRIA, a shipping company specialized in providing administrative ship management, announced that it has sold and transferred vessel named Erria DORTHE

The outstanding leadership of DP World’s flagship Jebel Ali Port has been recognised with the winning of the prestigious Shipping Port of the Year Award at the annual Supply Chain and Transport Awards (SCATA) 2012 .

Floatel International Ltd is contemplating the issuance of up to a USD 200 million equivalent bond issue in the Norwegian bond market

As BNamericas reports, the Aratu Port in the northeastern Brazil’s Bahia state plans to invest 685 million BRL (USD 357 million) in port expansion work this year.

On 27 March 2012 SCF Group (Sovcomflot)- Russia’s largest shipowner, and oil and chemical holding SIBUR – a national leader in oil and chemical industry,

Engineers have developed a new method of propelling a ship or displacement vessel while saving at least 75% of energy consumed by current propeller-based systems, yet maintaining the same performance.

Vroon Offshore Services announce that they have taken delivery of a new addition to their offshore fleet.

Germanischer Lloyd (GL) has released updates to its Rules for Seagoing Ships and Naval Vessels. The updated Rules came into effect on 1 May 2012.

On May 3, 2012, Austal held a keel-laying ceremony for the third Joint High Speed Vessel (JHSV), one of nine Austal-designed 103-metre US Navy Joint High Speed Vessels under contract with the US Navy.

FSL Trust Management Pte. Ltd. (“FSLTM”), as trustee-manager of First Ship Lease Trust (“FSL Trust” or the “Trust”) announced that its product tanker, ‘FSL Hamburg’, will be chartered to Petròleo Brasileiro S.A.