BG Group and the investor of Queensland Curtis LNG Project have contracted Hudong-Zhonghua Shipbuilding Co., Ltd. to build four LNG carriers plus two options. With GTT No.96 E-2 membrane-type cargo tanks, these 174,000 m3 vessels are 290m in length, 46.95m in breath and 26.25m in depth (moulded). The vessels can be operated at a service […]
July 4, 2014 | Posted in
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Malaysian offshore marine player Nam Cheong Limited has disclosed the sale of another four vessels worth approximately $92 million. Three platform supply vessels (PSV) with 3,000 dwt each, equipped with Dynamic Positioning System 2 (DP2), have been sold to an oilfield services company based in Asia. The sale of a 200-men accommodation work boat, also equipped with DP2, […]
July 1, 2014 | Posted in
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China Navigation Company (CNCo), the deepsea shipping arm of the Swire Group, has signed contracts for four handysize vessels for delivery from Imabari Shipbuilding Co., Ltd in Japan. A signing ceremony held on June 7th was hosted by Mr Barnaby Swire, Chairman of CNCo, and attended by Mr Yukito Higaki, President of Imabari Shipyard, and […]
June 19, 2014 | Posted in
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Fortescue Metals Group Ltd has signed a contract with a Chinese shipyard for the construction of four very large ore carriers (VLOC) valued at around US$275 million. The vessels will be delivered from November 2016 through to May 2017 with the majority of payments made upon delivery and funded from operating cashflows. The 260,000 dwt […]
June 16, 2014 | Posted in
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Odfjell SE has today entered into an agreement with affiliates of Breakwater Capital and Oak Hill Advisors to form a liquefied petroleum gas and ethylene (LPG/E) shipping joint venture. Further, Odfjell announced that it has exercised its option for construction of four 22,000 cbm LPG/E gas carriers at Nantong Sinopacific, scheduled for delivery between September […]
May 16, 2014 | Posted in
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Tanker Investments Ltd. has entered into four Memoranda of Agreement (MoA) to acquire four vessels. The procurement of the four vessels is in line with the company’s strategic plan to grow its fleet through attractively-priced acquisitions. The first two vessels, slated for delivery in late May or early June 2014, are 2012-built coated Aframax tankers […]
May 13, 2014 | Posted in
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Tanker Investments Ltd. said that it has agreed to acquire two 2012-built coated Aframax tankers from a third party for an aggregate purchase price of $95 million. These two vessels are expected to join Tanker Investments’ fleet upon closing in late-May and early-June 2014 and will continue to trade in the Teekay Taurus Pool. The […]
Tianjin Marine Shipping, a subsidiary of Hainan Airlines Group (HNA Group), has signed a letter of intent with Dalian Shipbuilding Industry (DSIC) for the construction of four LNG carriers. The shipper has six months to confirm the order. The order forms part of the company’s fleet expansion plan announced last year, which includes construction of […]
April 30, 2014 | Posted in
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Marine Assets Corporation (MAC) has signed four contracts for construction of Offshore Supply Vessels (OSV) with Fujian Mawei Shipyard, SE China, valued at $125m. This will bring the current MAC order book to 25 vessels, due for delivery between May 2014 and June 2016, ranging in size and specification from 60m PSVs up to 500-man […]
April 30, 2014 | Posted in
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MacGregor, part of Cargotec, has signed contracts for four subsea cranes with subsidiaries of a Malaysian shipbuilding, shiprepair and chartering group, Coastal Contracts Bhd. MacGregor 100-tonne SWL active heave-compensated (AHC) subsea cranes will be installed on four subsea support vessels (SSV) under construction at the shipyard. Delivery of the cranes is scheduled from June to […]
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