In accord with Hong Stock Exchange rules China Rongsherg Rongsheng Heavy Industries Group announces an expected net loss for year ending 2012.The Company believes that the net loss is primarily attributable to the decline in the shipbuilding…
Shanghai Waigaoqiao Shipbuilding, a CSSC-affiliated shipyard, contracted to build two180,000 dwt bulk ships.The contract with undisclosed European owners has the option for a further four vessels to be delivered if required.The vessels…
The Spanish Navy OPV 'Relámpago', designed and built by Navantia, on show to the South African Navy in Capetown Builders of this offshore patrol vessel, Spain's Navantia shipyard is a potential candidate for the BIRO procurement program…
Rickmers-Linie is to take delivery of two 20,000dwt multi-purpose/heavy-lift newbuildings in 2015, to be built at Hudong-Zhonghua Shipbuilding in China.Both of these multi-purpose vessels will be equipped with two 450-tonne cranes and one 120-tonne crane…
The first of the new 105 meter class of Naval Offshore Patrol Vessel to be commissioned INS Saryu' handed over to the Indian Navy.The new vessel, indigenously designed in-house and built by Goa Shipyard Ltd. was handed over in a simple ceremony in Goa by RAdm (Retd) Vineet Bakhshi…
COSCO Singapore subsidiary COSCO Zhoushan contracted with further opetion to build four Rolls Royce design Platform Supply Vessels (PSV's).The value of the contract with a Hong Kong shipowner, is about US$119.2 million in total, and deliveries are expected to begin in the first half of 2014…
Ulstein contracts with Island Offshore & their American partner Edison Chouest Offshore for delivery of a multifunctional OSV.The offshore vessel is based on ULSTEIN’s SX121 design, prepared and tailored for the well intervention, IMR and SURF segments…
Fincantieri signs agreement for the acquisition from STX Europe of 50.75% of STX OSV, leading offshore vessel constructors.With 21 shipyards in 3 different continents, nearly 20,000 employees and revenues of Euro 4 billion, the Fincantieri Group is doubling its size…
The Iraqi navy and the U.S. Navy's Naval Sea Systems Command mark delivery of two 60-meter Offshore Support Vessels (OSV's).The delivery ceremony was held recently at the Umm Qasr naval facility in Iraq.The two OSVs, procured as part U…
Russia’s Sevmash shipyard will float out a third 'Borey-class' strategic nuclear submarine, the 'Vladimir Monomakh' at year's end.The Borey class submarines are expected to form the core of Russia's strategic submarine fleet, replacing the…
Arctech Helsinki Shipyarda to build the icebreaker in conjunction with OJCS Vyborg Shipyard, for the Russian Ministry of Transport.The total value of the vessel is about EUR 100 million and the project will start immediately for the vessel will be delivered to the client in August 2015…
Construction starts on the second of two Aframax tankers for SeaRiver Maritime, Inc., Exxon Mobil Corporation’s U.S. marine affiliate. The construction of the two tankers, valued at $400 million, will create more than 1,000 jobs.A small…
COSCO Corp. (Singapore} subsidiary COSCO Qidong Offshore Co to build the accommodation rig for European joint venture company.The contract, valued at US$200-million.is for the construction of a harsh environment semi-submersible accommodation rig for Axis Offshore…
The first of two multi-purpose vessels for the Italian Coast Guard was launched at Fincantieri's Castellammare di Stabia (Naples) Shipyard.Ships of this class are designed to operate in open seas in particularly bad weather conditions and will be used for search and rescue…
As of this week, Damen Shipyards Group is the new owner of French shiprepair yard Arno Dunkerque, the only operator for ship repair and conversion in the 3rd largest French port, Dunkirk. The yard will continue its ship repair and conversion services…
