IHC Merwede books €1 billion in pipelay vessel orders

AUGUST 9, 2013 — IHC Merwede’s Offshore division has been successful in securing orders worth over €1 billion for the design, engineering and construction of a total of six pipelaying vessels. The

Eastern Shipbuilding launches second Bravante PSV

AUGUST 9, 2013 — Eastern Shipbuilding Group, Inc.’s Nelson Street facility in Panama City, FL, this week launched Bravante VI, the second of five platform supply vessels being built for Brazil’s Bravante

CIT Maritime Finance in third deal with Alterna

AUGUST 8, 2013 — Back in May, Svein Engh, Managing Director and Group Head of CIT Maritime Finance said that right now is “the perfect time” to be in the maritime finance

SPP Shipbuilding adds two more for Irish owner

AUGUST 8, 2013 — Cork, Ireland, based Ardmore Shipping Corporation (NYSE: ASC) today announced that it has exercised options on two 50,300 dwt IMO 3 eco-design product tankers at SPP Shipbuilding Co.

Petters: Avondale could yet build Jones Act tankers

AUGUST 8, 2013 — The current healthy market for Jones Act tankers might, just possibly, mean that Huntington Ingalls Industries’ Avondale unit could once again operate as a builder of commercial vessels.

Chinese-built PSVs to have ABB dry type transformers

AUGUST 7, 2013 — ABB is to supply China’s Fujian Mawei Shipbuilding Ltd. with 24 dry-type propulsion transformers, for installation in 12 diesel-electric powered offshore platform supply vessels. The 2,300 kVA 480-volt

Scorpio Tankers keeps on building

AUGUST 6, 2013 — Emanuele Lauro’s Scorpio Tankers Inc. (NYSE: STNG) has reached agreements to construct four Very Large Gas Carriers at two shipyards in South Korea along with two MR and

TK LNG inks newbuild acquisition and leaseback deal

AUGUST 5, 2013 — Teekay LNG Partners L.P. (NYSE:TGP) has agreed to acquire a 155,900 cu.m liquefied natural gas (LNG) carrier newbuild from Norwegian-based Awilco LNG ASA. The vessel is currently under

Seadrill orders two more jack-ups at Chinese yard

JULY 31, 2013 — John Fredriksen’s Seadrill Limited has entered into new contracts for the construction of two high specification jack-up drilling rigs at Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore)

Ministry: Polish shipbuilding can be profitable

JULY 31, 2013 — Poland’s Ministry of the Treasury says that the shipbuilding industry is an important part of the national economy and that “even today, observing the activities of shipyards in

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