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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Prosafe has been awarded a Letter of Intent (LoI) by an undisclosed oil major for the provision of the Safe Scandinavia semi-submersible accommodation vessel temporarily converted for tender support operations at a location on the Norwegian continental shelf. On site operations are planned to commence June 2015, with a firm period of three years. In […]
March 17, 2014 | Posted in
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In its announcement of 25th February 2014, Mermaid Marine Australia Limited ( MMA ) advised that it had received a Letter of Intent to commence detailed design for two (2) x Platform Supply Vessels ( PSVs ) which had the potential to lead to the award of a long - term material contract. MMA also […]
March 10, 2014 | Posted in
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DHT Holdings, Inc. (DHT) has entered into a letter of intent (LOI) with Hyundai Heavy Industries Co., Ltd. (HHI) in South Korea for the construction of three additional VLCCs. The construction of the two vessels will cost USD 194.6 million (USD 97.3 million each), including $2.3 million in additions and upgrades to the standard specification, […]
February 2, 2014 | Posted in
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Bergen Group Hanøytangen has been awarded a Letter of Intent (LOI) from Floatel International for a yard stay and rig modification at Hanøytangen for the semi-submersible accommodation vessel Floatel Superior. The LOI comprises various yard services and modification work to be carried out during the stay which is planned to last for 3 weeks and […]
Drydocks World the internationally renowned provider of maritime and offshore services to the shipping, oil, gas and energy sectors, today signed a Letter of Intent (LOI) with Offshore Innovation Management Ltd., to build a series of AJ 62-X135 series of multi-purpose (accommodation & construction) Jack-Up rigs. The projects will commence in 2014 and the first […]
Petrobras announced, together with its partners BG E&P Brasil and Repsol Sinopec Brasil, that the company’s affiliate Guará BV has signed on its behalf a letter of intent to charter, through Modec Inc. and Schahin Petróleo e Gás S.A., an FPSO (floating production, storage and offloading unit) for use in production development of the pre-salt […]
Fincantieri, the world leader in cruise ship construction, and Seabourn, a Carnival Corporation & plc brand, have signed a letter of intent for a new ultra-luxury cruise ship. The new ship, due to join the Seabourn fleet in the second half of 2016, will be built according to the standards and technical solutions that make […]
October 21, 2013 | Posted in
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The Navios Group, composed of Navios Maritime Holdings Inc., Navios Maritime Acquisition Corporation and Navios Maritime Partners L.P., announce the formation of Navios Europe Inc. as the next step in concluding the letter of intent signed with HSH Nordbank AG in April of 2013. Navios Europe, which will initially acquire five product tankers and […]
Odfjell Terminals has entered into a Letter of Intent to purchase Chem-Marine Corporation of South Carolina. Chem-Marine controls a 25.3 acre/10.2 hectare site through a long term land lease, and is located adjacent to Odfjell’s tank terminal in North Charleston, South Carolina, USA. The property is situated on the Cooper River and has a 250 […]