News

Keppel FELS Limited (Keppel FELS) has secured a contract to build an enhanced KFELS Super A Class harsh environment jackup rig from Ensco plc for US$245 million. The rig is scheduled for delivery in 3Q 2014.

The Panama Canal Authority awarded Astilleros Armon S.A., a ship building and repairing company based in Spain, a $158.3 million contract to acquire 14 new tugs to increase the current fleet to meet the projected growth of transits on the waterway.

CMA CGM, the world’s third-largest container shipping group, is looking at placing $2 billion worth of orders to shipyards in China, where bank loans are more available, while European banks tighten lending, Beijing-backed Ta Kung Pao reported on Friday.

Pallas Shipping´s new tanker M/T Pallas that are ordered at Akdeniz Shipyard was launched to everyone´s delight August 29.

Teekay Corporation (Teekay or the Company) today announced that it has reached an agreement in principle to acquire three floating production storage and offloading (FPSO) units from Sevan Marine ASA

Chartered by the French Navy for the Maritime Prefecture of the Channel and the North Sea, the response, assistance and salvage tug will ensure safety on this maritime zone.

Russia will start oil loadings at a new Baltic port of Ust-Luga in mid-November as it tries to bypass transit countries such as Belarus, industry sources told Reuters on Thursday.

Knud E. Hansen A/S has executed a feasibility study for the most extensive lengthening project in the history of ship conversions. Building a new 240m long vessel to transport cars and passengers (RO-PAX vessel) takes two years work on the shipyard and is a tremendous investment of about 120 million Euros.

Malaysia-based international company, Bumi Armada Berhad, signed today a contract to supply and operate an FPSO for Apache Energy Ltd (Apache), to be located in block. WA-49-L of the Balnaves Field, north-west Australia The contract is for an initial 4 years fixed term time charter with an option of a further four year annual extension period thereafter.

A cleaner, safer more environment-friendly supply chain is the aim of a burgeoning cluster of shipping operators based around the Canadian port of Vancouver, British Columbia.

MODEC announced today that Petróleo Brasileiro S.A. (“Petrobras”), through its subsidiary Tupi B.V., on behalf of Consortium BM-S-11, has signed a Letter of Intent (LoI) for the supply, respectively, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-11 block (Cernambi South) in the giant “pre-salt” region of the Santos Basin with its water depth of 2,300m.

Exxon Mobil Corporation’s U.S. marine affiliate, SeaRiver Maritime, Inc., signed an agreement today with Aker Philadelphia Shipyard for the construction of two new Liberty Class tankers valued at $400 million, which will create more than 1,000 direct jobs.

NYK announces that at the end of October, NYK, Evergreen Marine Corp. (Taiwan) Ltd. (EMC), and Hanjin Shipping Co. Ltd. (HJS) will launch a new joint service, the West India North Asia (WIN) Service, connecting two of the world’s fastest growing economies, India and China.

Alpha Tankers & Freighters, a Greek shipowner, ordered a liquefied natural gas carrier at STX Offshore & Shipbuilding Co., shipping newspaper Lloyd’s List said, without stating where it obtained the information.

Maritime investment firm Tiger Group could “very easily” buy as many as 50 large containerships in the next two years, betting that the box ship industry will see the most growth in traditional freight markets, the firm’s managing director said.

JD35000-1, the first of two Graig’s owned 35,000dwt newbuilding has been successfully launched at JiangDong shipyard, Wu Hu, China.

The Al Samriya LNG carrier, with a capacity of 263,000 cubic metres, is due to arrive in the UK’s South Hook terminal October 1, according to the Milford Haven Port Authority website.

Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered 177,000 dwt type bulk carrier, M.V. “CAPE CELTIC” (MES Hull No. 1732) at its Chiba Works on 29th September, 2011 to “K”LINE BULK SHIPPING (UK) LIMITED, United Kingdom.

Today (29 September 2011) marks the 34th celebration of World Maritime Day, the annual occasion when the International Maritime Organization (IMO) leads the world in highlighting a key issue for the Organization, the international community and the shipping industry. This year, the theme for World Maritime Day is: “Piracy: orchestrating the response”.

On Tuesday 27 September Jiangsu Yangzijiang Shipbuilding launched the first Super Green 8500 for Carisbrooke Shipping.