Category archives for: Shipbuilding News

Image of the Day: Pacific Gannet in Party Attire

Image of the Day: Pacific Gannet in Party Attire

Shipowner and operator Swire Pacific Offshore (SPO), celebrated the Naming of Pacific Gannet, its First of ten IMT984 G Class Platform Supply Vessels (PSV) in Japan on September 12, 2014. The high specification G Class vessels with their fuel-efficient design are the latest addition to SPO’s modern and diverse fleet of vessels. “This is the […]

Cosco Books Five Mega Container Ships

Cosco Books Five Mega Container Ships

China Cosco Holdings Co (CCHC) has placed an order for the construction of five giant 14,500 TEU container ships , thus increasing the newbuilding ships’ capacity from the previously announced 14,000 TEU. The vessels will be constructed by China Shipbuilding Trading and Changxing Shipbuilding for an aggregate sum of USD 618 million. The agreement could be adjusted in the event […]

BFC Adds Bunker Tanker for Azov-Black Sea Basin

BFC Adds Bunker Tanker for Azov-Black Sea Basin

Baltic Fuel Company (BFC) has acquired a conventional tanker for performing of bunkering operations in the ports of the Azov – Black Sea Basin.  On September 15, 2014, the tanker arrived at port Kavkaz for customs clearance, flag changing ceremony and registration with the Russian Maritime Register of Shipping. The vessel will preserve the class […]

Update: Cammell Laird Strike Averted

Update: Cammell Laird Strike Averted

GMB members at Cammell Laird in Birkenhead  have voted to accept an improved pay offer and have called off the dispute in the yard over pay. The new agreement will cover the next three years and will provide the workforce with a guaranteed increase in their pay rates says GMB. Albie McGuigan, GMB Regional Officer, […]

India Readying for LNG Carriers

India Readying for LNG Carriers

India’s plans to restructure its shipbuilding sector by venturing into construction of more complex ships will see an investment into Cochin yard worth USD 442 million (Rs 1,200 crore).  The investment will be assigned for building a dry-dock for LNG ship construction, according to India’s shipping minister Nitin Gadkari. Indian shipbuilders still lag behind their competitors in […]

DSME Bags VLGC Duo

DSME Bags VLGC Duo

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has secured orders for two 84,000-cubic-meter very large gas carriers (VLGCs) from an Asian client.  The price tag of the two vessels, to be built at Okpo yard, stands at a total of USD 160 million. The delivery of the vessels is slated for 2017.  DSME has […]

Scorpio Rejuvenates Tanker Fleet

Scorpio Rejuvenates Tanker Fleet

Scorpio Tankers Inc., a global provider of marine transportation for petroleum products,  announced today that it has added seven newbuilding vessels to its fleet, all recently delivered. The deliveries are as follows: STI Madison and STI Park, LR2 product tankers, were delivered from Hyundai Samho Heavy Industries in September 2014. Upon delivery, each vessel began […]

Image of the Day: GDI’s Dukhan Standing Tall

Image of the Day: GDI’s Dukhan Standing Tall

The image depicts jack-up rig Dukhan, delivered last month to Gulf Drilling International Ltd. (GDI) of Qatar by its builder Keppel FELS Limited, a wholly owned subsidiary of Keppel Offshore & Marine. Keppel FELS has secured a contract from GDI to build a repeat high-specification KFELS B Class jackup rig worth US$227 million. As part […]

Greathorse Chemical Secures Major Cash Injection

Greathorse Chemical Secures Major Cash Injection

Standard Chartered Private Equity (SCPE) and Tiger Group Investments are going to invest USD 95 million in Shanghai-based Greathorse Chemical, an owner and operator of modern small to mid-sized chemical tanker vessels. Other unnamed financial investors are investing an additional USD 65m in Greathorse Chemical. The company plans to use the proceeds from this investment […]

Triyards’ Liftboat Orderbook Filling Up

Triyards’ Liftboat Orderbook Filling Up

Triyards Holdings Limited, an offshore vessel fabrication and engineering solutions provider to the oil and gas (O&G) industry, has added another liftboat contract worth USD 50.5 million to its orderbook, the company announced in a release. The order for the new unit comes soon after TRIYARDS’ two other liftboat contracts worth USD 112 million in July, bringing the […]

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