Scorpio Tankers Inc. announces 16 newbuilding agreements and US$ 525-million in commitments to its 2013 Credit Facility.The company has reached agreements with five shipyards in Korea to construct 16 newbuilding vessels consisting of eight LR2…
Sembcorp Marine's PPL Shipyard secures US$220.5-million contract to construct a jack-up rig for Bot Lease Co.BOT Lease Co., Ltd. is a leasing company of The Bank of Tokyo-Mitsubishi UFJ which is under the umbrella of Mitsubishi UFJ Financial Group…
Royal Caribbean Cruises contracts for a third Quantum-class cruise ship to be constructed in the Meyer Werft shipyard.The delivery is for mid-2016 and the price and terms of the new ship are similar to the price and terms of the first two Quantum-class ships…
Naval Surface Warfare Center Carderock Division (NSWCCD) engineers conducted preliminary Ship to Shore Connector (SSC) seaworthiness model tests in the David Taylor Model Basin, April 22 - May 17.SSC is the replacement for the Navy's existing fleet of Landing Craft…
MAN Diesel & Turbo diesel engines power the tanker, the second PROMEF ship built by Estaleiro Atlantico Sul (EAS).Powered by an MAN B&W 6S70ME-C type prime mover and 3 × MAN 7L23/30H auxiliary engines, the delivery ceremony of the ‘Zumbi dos…
Littlejohn & Co., LLC, a private investment firm based in Greenwich, CT, has made an equity investment in Gulf Coast Shipyard Group, Inc.Gulf Coast Shipyard Group, is a manufacturer of a variety of ocean-going and inland marine vessels for…
Reported ordering has been focussed primarily on smaller sizes with Handysize and Supramax seeing the majority of orders.According to the recently released Clarkson Hellas S&P Weekly Bulletin, Japanese yards appear to have had their fair share of the orders with JMU Yokohama contracting two 61…
Golden Ocean Group agrees to buy two 'resale' ice class Panamax vessel built at India's Pipavav Defence & Offshore Engineering Company.The company will take delivery of the vessels ex yard, the first vessel at the start of June and the second vessel during second half of 2013…
IHC Merwede has delivered the dredger 'CHANG JIANG KOU 02' to Yangtze Estuary Waterway Administration Bureau (YEWAB) in Shanghai.IHC Merwede’s contract with YEWAB included the design, construction and delivery of two identical vessels: the CHANG JIANG KOU 02…
Ship Finance International (SFI) has agreed to build four 8,700 TEU newbuilding container vessels at a major shipyard in Korea.The company says that the contract price is attractive and the vessels are scheduled to be delivered in 4Q 2014 and 1Q 2015…
General Dynamics Bath Iron Works celebrate the keel laying of 'Michael Monsoor' (DDG 1001), the second ship in the planned 3- ship Zumwalt-class of guided-missile destroyers.The keel unit is the 4,400-ton, heavily outfitted mid-forebody section of the ship…
Keppel FELS delivers the KFELS Super B Class jackup rig, HAKURYU-11, to Japan Drilling Company (JDC).HAKURYU-11 will be chartered to the Con Son joint venture led by Petrovietnam. Built to Keppel’s advanced KFELS Super B Class design, it has…
Century adds a 7th luxury river cruise ship, 'Century Legend' to its Yangtze fleet.The new 398-passenger Century Legend is a sister ship to the Century Paragon, which came into service earlier this year.These new inland waterway cruise ships…
Norway's SinOceanic Shipping ASA facilitates newbuilding orders for 10 x 8,800 TEU containerships at Jinhai Heavy Industries.On behalf of foreign interests, SinOceanic Shipping ASA says it has entered into a contract with Jinhai Heavy Industries…
COSCO Corporation (Singapore) subsidiariary shipbuilder in China has delivered two bulk carriers.COSCO (Zhoushan) Shipyard has delivered the 189.99 meters LOA and 32.26 meters in breadth, 57,000 dwt Handymax bulker Ocean Lady to its unnamed European owner…