AUGUST 22, 2012 — China’s COSCO (Qidong) Offshore Co., Ltd., a subsidiary of COSCO Shipyard Group Co. Ltd., has secured a contract valuedat over $20 million from BAM International Australia and Clough
AUGUST 14, 2012 — Norway’s Bergen Group says that “very weak performance” by its Fosen shipyard in the second quarter of 2012 means its Shipbuilding Division won’t reach its previously announced earnings
AUGUST 7, 2012—Excelerate Energy, The Woodlands, TX, has entered into a shipbuilding option agreement with Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) for the delivery of up to eight Floating Storage and
AUGUST 2, 2012 — Smit Lamnalco has placed a $35 million contract with Hong Kong-based shipbuilder, Cheoy Lee, for four 32 m, Robert Allan design, RAstar 3200 class Azimuth Stern Drive (ASD)
JULY 30, 2012—Fincantieri has been awarded a contract to build a latest generation ferry by Canada’s Société des traversiers du Québec (STQ). The 130 m ferry will have a capacity of 800
JULY 25, 2012 — Wärtsilä has booked ship design orders from shipbuilder Kleven Maritime for three of the new platform supply vessels being built to support Statoil operations on the Norwegian continental
JULY 13, 2012 —Moody’s Investors Service yesterday affirmed its debt ratings of Teekay Corporation: B1 Corporate Family and B2 senior unsecured. Moody’s also lowered the Speculative Grade Liquidity rating to SGL-3 from
JULY 11, 2012 —Wärtsilä is to supply the main engines for two environmentally sustainable tugs being built for CNOOC Energy Technology & Services Limited (CETS), a subsidiary of the state-owned China National
JUNE 25, 2012 — Norway’s Odfjell is adding a couple of gas tankers to its fleet of some 96 chemical tankers. It has acquired two modern 9,000 cu.m LPG/Ethylene gas carriers from
JUNE 5, 2012 — A new Handysize bulk carrier concept design – the Green Dolphin – uses existing technologies to meet owners’ needs for fuel efficiency and operational flexibility while also being
