Sembcorp Marine's PPL Shipyard secures rig orders worth US$434-million to build two jack-up rigs for the Mexican market.PPL Shipyard has secured two turnkey contracts with a combined value of US$434 million for the construction of two units…
The liquefied natural gas market may have a ship surplus in 2014 and 2015 as new vessels launch faster than production plants complete.There are 78 ships on order, amounting to 21 percent of the existing fleet, the Hamilton, Bermuda-based Hoegh LNG AS…
A US East & Gulf Coasts port labor strike could further destabilize international trade says a new report.A potential labor strike by longshoremen along the US East and Gulf Coasts at the end of the year could have devastating economic consequences as inventory depletion…
Gazprom successfully completes world’s first LNG supply via Northern Sea Route in the 'Ob River' carrier.The carrier left the Port of Hammerfest (Norway) to arrive at the regasification terminal in the Port of Tobata (Japan) delivering a Gazprom Group-owned LNG cargo to Japanese consumers…
Viking River Cruises orders 10 new river cruise vessels of the 'Viking Longship' class from the Rostock-Warnemunde yard.Two of the ships will be delivered in August and September 2013, and the others by April 2014. This order brings the…
GE Marine take 16 orders at the 2012 International WorkBoat Show (IWS) in New Orleans to deliver L250 and V250 engines.A combined total of 16 engines have been ordered for newbuilds and repowers by new customer Hyak Maritime and by an existing customer of GE Marine…
Managers of the campaign, Clean Energy States Alliance (CESA) submit letter to key Congressional committee leaders.The letter is in support of the Production Tax Credit (PTC) and Investment Tax Credit (ITC), federal policies that are crucial for sustained clean energy development…
Fincantieri launch 'Le Soleil', a super luxury cruise ship for French shipping line Compagnie du Ponent (Bridgepoint Group).The ship will be delivered in June 2013 and will be essentially more like a mega yacht in size and fitting out with a paramount attention to interior detail…
A £46m contract to support and maintain a new combat system across the Royal Navy's submarine fleet awarded to BAE Systems.The Design Services Arrangement contract will ensure that the system, which is used to navigate vessels as well as gather intelligence and defend against attacks…
Tenneco and Cormetech sign agreement to design marine engine ultra-large diameter selective catalytic reduction (SCR) catalysts.The MARPOL Annex VI and EPA Tier IV regulations require an 80% reduction in NOx emissions, thus driving the need…
General Dynamics subsidiary Bath Iron Works contracted to provide yard services for newbuilding destroyer, frigate programs.This $70.5 million contract is to provide ongoing planning yard services for the DDG 51 Arleigh Burke-class guided…
ABB wins US$ 170-million contract to supply Martin Linge oil & gas field in the North Sea with mainland power from Norwegian grid.The contract from Subsea 7, requires ABB to build a power link between a new oil and gas field being developed by Total E&P Norge AS…
Seanergy Maritime Holdings Corp. sells 'Clipper Glory', a 30,570 dwt Handysize drybulk carrier built in 2007, for US$11.25-million. The Company used the sale proceeds to reduce debt and for working capital purposes. Following the completion of sale of the Clipper Glory…
City of Vancouver calls on Port Metro Vancouver to delay decisions on coal export expansion.In a letter delivered December 3rd, Mayor Gregor Robertson of Vancouver expressed his concern to Port Metro Vancouver CEO Robin Silvester that regional…
Jumbo has been awarded a North Sea FPSO mooring, installation and hook-up contract by EnQuest.EnQuest is redeveloping the Ardmore and Duncan fields as Alma and Galia respectively. The project scope is the mooring spread installation and FPSO tow out and hook up…