Norway-based company Eitzen Eco Bulk has ordered nine handysize dry bulk carriers from Chinese Yangzhou Guoyu Shipbuilding, Sea Trade Global reports. The significant order is worth around $21m per carrier. The 38,000 dwt carriers, will be based on DNV and China’s Shanghai Merchant Ship Design & Research Institute’s (SDARI) co-developed ‘Green Dolphin’ design. In addition, [...]
May 22, 2013 | Posted in
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Diana Shipping Inc. announced that on May 17, 2013, the company has signed, through separate wholly-owned subsidiaries, two shipbuilding contracts with China Shipbuilding Trading Company (CSTC), Limited and Jiangnan Shipyard (Group) Co., Ltd., for the construction of two Newcastlemax dry bulk carriers of approximately 208,500 dwt each for a contract price of US$48.7 million per [...]
May 22, 2013 | Posted in
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The Board of Directors of COSCO Corporation (Singapore) Limited today announced that subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries: 1. COSCO (Guangdong) Shipyard Co., Ltd has delivered a bulk carrier of 35.000 DWT, “CHIOS LUCK”, to its European buyer. The bulk carri er measures 179.99 meters [...]
May 20, 2013 | Posted in
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Burckhardt Compression received the first order for the fuel gas compressor system Laby – GI for two LNG carriers. This marks a major milestone for Burckhardt Compression in setting up a compressor business for energy – efficient, environmentally friendly propulsion systems for gas – operated marine diesel engines. The compressor system will inject boil – [...]
May 16, 2013 | Posted in
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SEACOR Holdings Inc. (SEACOR) announced on May 2 that it has executed an agreement with Hyundai Heavy Industries Co., Ltd. (HHI), through a subsidiary of SEACOR Ocean Transport Inc., for the construction of two Liquefied Petroleum Gas tankers (Very Large Gas Carriers, otherwise known as VLGCs) with expected deliveries in 2014 with an option to [...]
May 3, 2013 | Posted in
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A key milestone has been marked with the delivery by Babcock of the final major component of the Integrated Waste Management System (IWMS) for the new Queen Elizabeth Class aircraft carriers. The last of the six Waste Water Treatment Plants was delivered this month (April) following successful Factory Acceptance Testing. The Babcock-designed IWMS handles the [...]
May 1, 2013 | Posted in
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Today, MOL has confirmed that the company participated in both the ownership of six new LNG ships to be built in China by Hudong-Zhonghua Shipbuilding (Group) Co.,Ltd. (Hudong) and the associated ship-management agreements through the relevant joint ventures that are already formed in Hong Kong with MOL’s participation stake of 20 % for each joint [...]
April 30, 2013 | Posted in
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Sinopec Group announced that its subsidiary Kantons Investment had entered into a joint venture agreement with CS LNG, a wholly-owned subsidiary of China Shipping Development, establishing CESI. CESI is owned 51% by CS LNG and 49% by Kantons Investment. Under the terms of the joint venture agreement, CS LNG and Kantons Investment agreed to jointly [...]
April 29, 2013 | Posted in
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DSME’s affiliate Daewoo-Mangalia Heavy Industries (DMHI) from Romania has won a contract to build four LR2 product carriers for Greek-based Eastern Mediterranean Maritime. As TradeWinds reports, Thanassis Martinos of Eastern Mediterranean Maritime confirmed the deal for the four vessels with delivery set for the first half of 2015. Daewoo-Mangalia Heavy Industries, a joint venture between [...]
GE’s Power Conversion business announced it has been awarded new contracts for orders of electric power and propulsion systems on two liquid natural gas (LNG) carriers and an LNG Floating Storage Regasification Unit (FSRU). In total, GE has signed contracts to supply systems for 26 LNG carriers and five FSRUs. In the last six months [...]
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