Jiangsu Yangzijiang Offshore Engineering Co. Ltd. signs contract for the rig with Creon associate company Explorer 1.The directors of Creon the resources infrastructure investment company, announce that Jiangsu Yangzijiang Offshore Engineering Co…
DNV with key industry players develop an enhanced design framework for structures deployed in open water & harsh areas. In order to ensure a common, transparent and documented approach to achieving acceptable safety levels for offshore structures in cold-climate regions…
Viking Ocean Cruises signs MOU with Fincantieri for construction of two ocean cruise ships with an option for another two.The new ships will be twins to those ordered earlier this year. In line with Viking’s intimate, destination-focused approach to cruising…
Historic deal in U.S. Shipbuilding, Green Ship TechnologyGeneral Dynamics NASSCO finalized a contract with TOTE, Inc., for the design and construction of two 3,100 TEU LNG-powered containerships, setting a new benchmark in green ship technology…
Keppel FELS signs contract to construct the rigs for Ukraine's National Joint-Stock Company 'Naftogaz of Ukraine' (Naftogaz).The contract is worth about US$ 1.2-billion, but is dependent upon final corporate approvals.The rigs will be…
Saudi Basic Industries Corporation (SABIC) says it is the world's first chemical company to commission LNG-run gas carriers.SABIC's new tankships will be powered by liquefied natural gas (LNG) to transport its olefins products, in anticipation…
Large-sized superyacht orders show a huge increase according to a recent market report.If orders for superyachts are any indication of consumer confidence, statistics show a small but definitely measurable increase (3.9%) in global orders…
Basic Offshore contracts with CSSC Guangzhou Huangpu Shipbuilding to build two Havyard 832 L SE Platform Supply Vessels.Basic Offshore is a newly-established shipping company with its main focus on the market in West Africa, and they have…
Australian shipbuilder Strategic Marine delivers first of 8 Wind Farm Support Vessels (WSV) from its Singapore shipyard.The 21 metre multipurpose vessel was built at the company's recently expanded Singapore shipyard for Madliena Shipping…
Western Marine is building two 750-passenger vessels, the first passenger ships of this capacity by a local Bangladeshi shipbuilder.The keel-laying for the ships which will be operated by BIWTC on the inland route of Dhaka to Barisal was celebrated in the shipyard located in Patiya…
Recent studies by Korea's International Trade Association & Hyundai Research Institute see major exporters facing a tough year ahead.The International Trade Association sees major exporters facing a tough climate for exports next year amid declining demand in overseas markets…
CNOOC has it in mind to order 14 medium & small-sized LNG ships from Chinese shipyards.The Group is China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world…
Yamanishi Corp, located in Tsumami disaster zone, Miyagi Prefecture, launches its first ship 20 months after the destruction.A 695-ton training ship built by Yamanishi Corp. has been officially launched at the firm's shipyard in Ishinomaki…
Huntington Ingalls Industries hosts Chief of Naval Operations (CNO) Adm. Jonathan W. Greenert.Adm. Greenert met with company leadership and toured the amphibious assault ship America (LHA 6) at the company's Ingalls Shipbuilding division…
Huntington Ingalls Industries donate US$ 2.1-million to the United Way of the Virginia Peninsula.The donation is a combined contribution from the HII corporate office and its participating employees, as well as donations made by the company's…