Category archives for: Headlines

April Busy Month for HHHIC-Phil

April Busy Month for HHHIC-Phil

April was a very busy month for Hanjin Heavy Industries Corporation Philippines (HHHIC-Phil) during which 11 newbuilding orders were secured. HHHIC-Phil’s Subic Shipyard has won a contract to build four Very Large Crude Carriers (300,000 DWT) for Navig8 and two VLCCs + two 11,000 TEU container ships for another European company. The total contract amount reaches […]

Peel Ports and ZPMC in Mega-Deal

Peel Ports and ZPMC in Mega-Deal

Peel Ports Group has awarded a multi-million pound contract to Shanghai-based Zhenhua Heavy Industries Co. (ZPMC) to supply state-of-the-art mega container cranes for its new ‘Liverpool2′ development project. ZPMC will initially supply five ship-to-shore (STS) megamax quay cranes and 12 cantilever rail-mounted gantry cranes (CRMGs) for phase 1 of the contract, and a further 3 […]

COSCO Bags $100 Mln in New Contracts

COSCO Bags $100 Mln in New Contracts

COSCO Corporation (Singapore) Limited has won contracts worth approx $100 million to build four emergency response/rescue/field support vessels (ERRVs) and two platform supply vessels (PSVs) of the PX121 design. The four ERRVs will be built at the company’s COSCO (Dalian) Shipyard and are slated for delivery in the first half of 2016. Additionally, the two […]

Top News of the Week April 14 – April 19, 2014

Top News of the Week April 14 – April 19, 2014

NYK Introduces Eight New Boxships NYK has reached time charter agreements for eight new containerships, to be built at the Kure shipyard of Japan Marine United Co. Ltd., each capable of carrying 14,000 TEUs. UAE: Drydocks World to Build Two Unique Jack-Up Rigs Drydocks World has signed an Agreement with Malta Oil & Gas Ltd. […]

Tsuneishi to Build Four Feederships for SIPG

Tsuneishi to Build Four Feederships for SIPG

Tsuneishi Group has received orders for four 1,020 TEU container carriers from the Hong Kong-based subsidiary of Shanghai International Port (Group) Co., Ltd. (SIPG). The four ordered vessels feature latest improvements in fuel efficiency. Reductions in both fuel consumption and nitrogen compounds contained in gas emissions are achieved by applying an engine in which fuel […]

Saipem Nets Two FPSO Contracts Worth Over $4 Bln

Saipem Nets Two FPSO Contracts Worth Over $4 Bln

Saipem has been awarded two contracts in Angola by Total, for a combined total of more than $4 billion. The main contract is worth more than $3 billion, and is an EPCI for the engineering, procurement, installation and commissioning of two converted turret-moored Floating Production Storage and Offloading units (FPSO) for the Kaombo Field Development […]

NYK Introduces Eight New Boxships

NYK Introduces Eight New Boxships

NYK has reached time charter agreements for eight new containerships, to be built at the Kure shipyard of Japan Marine United Co. Ltd., each capable of carrying 14,000 TEUs. These ships, which will be delivered from February 2016 through January 2018, will have improved fuel efficiency and cargo loadability among today’s container ships of similar size. […]

Top News of the Week April 7 – April 12, 2014

Top News of the Week April 7 – April 12, 2014

Video: Damen’s Shipment Reaches Rotterdam Last Friday, a shipment that left China seven weeks ago carrying 13 new Damen Stan Pontoons and 10 other Damen vessels arrived in Rotterdam. ILO Visits ‘B Ladybug’ Drifting off Malta International Labour Organization (ILO) representatives visited the crew of the B Ladybug, a Ro-Ro ship, which has been stranded […]

Celsius Shipping on the Rise

Celsius Shipping on the Rise

Monaco-based Celsius Shipping has increased its current orderbook for 24,600 dwt stainless steel chemical tankers to ten firm vessels. Celsius and Nantong Mingde Heavy Industry recently signed a contract for the construction of seven more 24,600 dwt chemical tankers with options for additional four. However, the company didn’t want to comment, other than to say that the […]

GasLog Buys Six LNG Carriers

GasLog Buys Six LNG Carriers

GasLog Ltd. (GasLog) has completed the acquisition of three ships from Methane Services Ltd. (MSL), an affiliate of BG Group, and agreed to acquire an additional three LNG carriers from the same company and to charter those ships back to MSL for six-year initial terms on average. The time charters back to MSL for the […]

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