Category archives for: Headlines

Groot Ship Design Signs Unique Contract In Malaysia

Groot Ship Design Signs Unique Contract In Malaysia

Yesterday at Kuala Lumpur (Malaysia) a unique contract was signed between Groot Ship Design from Leek (the Netherlands), Sundong shipyard (Korea) and owner PBHH/BH livestock Vessel SDN BHD (Malaysia) for the design and delivery of two types of livestock carriers. Of each type the Korean yard will build 5 vessels for PBHH/BH Livestock. Sungdong requested [...]

UK: Craig Group Secures Contracts for Its New Vessels

UK: Craig Group Secures Contracts for Its New Vessels

A £35 million investment by Craig Group in four new vessels has already secured major contracts for the Aberdeen global shipping and energy services company. The new-build D-Class Emergency Response and Rescue Vessels (ERRVs), which will be managed by Craig Group division North Star Shipping, will take to the waves throughout the year on charter [...]

Excelerate to Build First Floating Liquefaction Facility in USA

Excelerate to Build First Floating Liquefaction Facility in USA

Excelerate Energy is moving forward with the development of the first floating liquefaction facility in the United States utilizing its Floating Liquefaction Storage Offloading vessel (FLSO) technology. The Lavaca Bay LNG project will be located in Port Lavaca, situated between Galveston and Corpus Christi on the Texas Gulf Coast, and will be designed to export [...]

South Africa Signs IMO Anti-Piracy Code

South Africa Signs IMO Anti-Piracy Code

The Code of Conduct concerning the Repression of Piracy and Armed Robbery against Ships in the Western Indian Ocean and the Gulf of Aden (Djibouti Code of Conduct) was today signed on behalf of South Africa by the South African High Commissioner, His Excellency Dr. Zola Skweyiya, who was attending an IMO Conference on Capacity [...]

South Korea: DSME Secures USD 1.1 Billion Semi Rigs Order

South Korea: DSME Secures USD 1.1 Billion Semi Rigs Order

DSME won a new order for two semi-submersible rigs with Norway based Songa Offshore during the Offshore Technology Conference (OTC) held in Houston, U.S.A on 3rd May. The value of this contract is approximately 1.1 billion USD and the rigs will be delivered in the middle of 2015. After delivery, these rigs will be chartered [...]

South Korea: DSME Cuts Steel for World’s Largest Container Ship

South Korea: DSME Cuts Steel for World’s Largest Container Ship

On 12th May, the Crown Prince and Princess of Denmark visited DSME’s Okpo shipyard to attend the steel cutting ceremony for Hull No. 4250. Hull No. 4250 will be the world’s biggest 18, 270 TEU containership and was ordered last year by Denmark based A.P. Moller- Maersk. Mr. Jaeho Ko, the President & CEO of [...]

Goa Shipyard to Build Six OPVs for Indian Coast Guard

Goa Shipyard to Build Six OPVs for Indian Coast Guard

Goa Shipyard Ltd. (GSL) signed a contract for the construction of six Offshore Patrol Vessels (OPVs) for the Indian Coast Guard on 9th May 2012. The vessels are based on in- house design of Goa Shipyard Ltd, which has considerable expertise in designing and constructing a range of Patrol Vessels for the Indian Defence Forces. [...]

Brazil: Petrobras Inks Contract for VLCC Vessel Hull Conversion

Brazil: Petrobras Inks Contract for VLCC Vessel Hull Conversion

On May 7  Petrobras signed an agreement for the conversion of four VLCC (Very Large Crude Carrier) vessels into the hulls of the future P-74, P-75, P-76, and P-77 platforms that will operate in the Transfer of Rights Agreement areas, in the Santos Basin pre-salt. The contract has a total value of US$1.7 billion and [...]

The Netherlands: EIB Finalises EUR 900 Mln Funding for Maasvlakte 2

The Netherlands: EIB Finalises EUR 900 Mln Funding for Maasvlakte 2

The European Investment Bank has formally agreed to provide the final part of EUR 900m overall funding to support investment by the Port of Rotterdam Authority in port infrastructure, of which Maasvlakte 2 is by far the most important. The European Union’s long-term lending institution has funded land reclamation and construction of container and specialist [...]

Diamond Offshore Orders New Drillship in South Korea

Diamond Offshore Orders New Drillship in South Korea

Diamond Offshore Drilling, Inc. yesterday announced that a subsidiary, Diamond Offshore Drilling Limited, has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. for construction of a new ultra-deepwater drillship with delivery scheduled in the fourth quarter of 2014. Total cost, including commissioning, spares and project management, but excluding capitalized interest, is expected [...]





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