HHI develops LNG carrier fuel gas management system

FEBRUARY 24, 2015 — Hyundai Heavy Industries Co., Ltd. (HHI), the world’s largest shipbuilder, has developed its own gas management system for reliquefying boil off gas (BOG) from a membrane LNG containment

Farstad gets LOI for subsea newbuild

FEBRUARY 24, 2015 — Norway’s Farstad Shipping ASA has signed a Letter of Intent with Technip for utilization of the Vard 3 07 design subsea vessel Far tbn Sleipner which is under

MISC takes over five Petronas LNG newbuild contracts

FEBRUARY 24, 2015 — Malaysian state owned oil and gas company Petronas has signed a novation agreement with shipbuilder Hyundai Heavy Industries that will see MISC Berhad (which is 63% owned by

Seaspan Ferries dual fuel duo to be battery hybrid vessels

FEBRUARY 20, 2015 — The two 148.9 dual fuel ferries ordered by Seaspan Ferries Corporation from Turkey’s Sedef Shipyard (see earlier story) will, in fact, be battery hybrid vessels. Under a contract

Nordic Yards names Arctic rescue and salvage vessels

FEBRUARY 20, 2015 — Two identical Arctic icebreaking rescue and salvage vessels were named yesterday in a ceremony at Nordic Yards’ Wismar, Germany, shipyard. Nordic Yards — which is owned by the

Pasha Jones Act newbuild achieves main engine light off

FEBRUARY 18, 2015 — Honolulu-based Pasha Hawaii reports that its ConRo (combination container/roll-on/roll-off) newbuild M/V Marjorie C has attained main engine light off, a major milestone prior to delivery from shipbuilder VT

Kleven delivers Viking Neptune

FEBRUARY 17, 2015 — Norway’s Eidesvik Offshore today took delivery of the subsea construction vessel Viking Neptune and has drawn a long-term loan facility of $124 million with Nordea and Eksportkreditt Norway/GIEK

Havyard delivers first wind farm service vesssel to Esvagt

FEBRUARY 15, 2015 — Norway’s Havyard Ship Technology AS reports that its Leirvik shipyard has delivered the first of three Havyard  8302 SV wind farm service vessels to Danish shipowner Esvagt. The

Conrad receives NASA award for work on Pegasus barge

FEBRUARY 12, 2015—Morgan City, LA-based Conrad Shipyard received the NASA Space Flight Awareness Supplier Award for its performance for its work on the conversion of the NASA Pegasus barge. The award honors

Hyundai Heavy reports more red ink

FEBRUARY 12, 2015 — South Korea’s Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, reported a whopping net loss of KRW 2.21 trillion ($2 billion) for its 2014 financial year, as against

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