Category archives for: Headlines

Ten Jack-Ups for East Sunrise

Ten Jack-Ups for East Sunrise

Hong Kong-based East Sunrise Group revealed that it has ordered ten jack-up platforms from China Shipbuilding Industry Corporation (CSIC).   The newbuilds, worth around USD 1.6 billion, are scheduled for delivery within 18 months from the start of construction. The first platform is expected to join East Sunrise Group by early 2016, whereas the rest […]

Update 1: And the Tow Begins

Update 1:  And the Tow Begins

The departure of Costa Concordia has begun and the wreck is being towed to Genoa at two knots. The four day journey began at 09:00 local time.   Preliminary activities for Costa Concordia’s departure maneuvers began at 6 am, this morning. Crowley Maritime Corporation subsidiary TITAN Salvage and Italian partner Micoperi have confirmed that 10 […]

Ordering Frenzy at COSCO Shipyards

Ordering Frenzy at COSCO Shipyards

Singapore based COSCO Corporation Limited  has through its subsidiaries secured contracts valued at approximately USD 300 million to build one accommodation barge and seven bulk carriers.   COSCO (Zhoushan) Shipyard Co., Ltd., has received orders from an unnamed European company to build one DP3 accommodation barge scheduled for delivery in 3Q2016. The same shipyard also received orders […]

Ocean Yield Orders Ethylene Carrier Trio

Ocean Yield Orders Ethylene Carrier Trio

Ocean Yield ASA, the Oslo-based shipowner, has placed orders for three LEGCs (Liquefied Ethylene Gas Carriers) of 36,000 cbm capacity, to be built at Sinopacific Offshore & Engineering, China.   Each will be powered by a single MAN B&W ME-GI low-speed, dual-fuel engine. The engines will run on ethane, which ethylene carriers are also equipped […]

Video: Costa Concordia’s Final Voyage Set for Wednesday

Video: Costa Concordia’s Final Voyage Set for Wednesday

The long-awaited removal of the Costa Concordia wreck from Giglio Island will have to wait for yet another day as the final date has been pushed for Wednesday, July 23rd, according to the latest briefing by salvage officials.   The delays in refloating of the ship along with execution of pre-departure activities have pushed the […]

Interview: Find and Be Found with Shippingcluster

Interview: Find and Be Found with Shippingcluster

The shipping industry has been sailing on some rough tides and is still facing challenging times ahead as the industry players gear up for ever stringent regulations. Having that in mind, it seems that the time has come for a stronger unity between the relevant stakeholders. As a result, it may be the time to […]

Readers’ Pick of the Week (July 14-18, 2014)

Readers’ Pick of the Week (July 14-18, 2014)

VIDEO: Float-On and Transport of Costa Concordia Onboard Dockwise Vanguard Following the successful parbuckling of Costa Concordia, and in anticipation of the pending refloat, Dockwise, a wholly-owned subsidiary of Royal Boskalis Westminster N.V., provides…Read more LPG Tanker Attacked by Pirates off Trinidad An LPG tanker has fallen victim to a pirate attack in the vicinity […]

UPDATE: Concordia Lifted for Another Meter

UPDATE: Concordia Lifted for Another Meter

With the lowering of the starboard sponson S12, yesterday evening, the Concordia has emerged for an additional meter reaching an average refloating of 4 meters, the salvage team informed earlier today.   Divers have worked all night to complete the connection of the chain related to sponson S18. At the moment, the Remote Operation Center […]

New Generation of Ships for Stealthgas

New Generation of Ships for Stealthgas

Stealthgas INC., a ship-owning company primarily serving the liquefied petroleum gas (LPG) sector of the international shipping industry, said yesterday that it has acquired four newbuilding LPG vessels as part of its fleet expansion program.   The additions to the fleet consist of two 22,000 cbm semi refrigerated eco LPG carriers scheduled to be delivered […]

SHI’s Latest Contract Raises Eyebrows

SHI’s Latest Contract Raises Eyebrows

South Korean Samsung Heavy Industries in their Korea Stock Exchange disclosure announced winning of a newbuilding contract for 6 gas carriers worth approximately USD 723.5 million.   The new vessels have been commissioned by an Asian shipowner. Several news sites reported that gas carriers in question are supposedly LNG carriers, but experts cast a shadow of doubt on […]

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