MARCH 12, 2014 — Yantai CIMC Raffles Offshore Limited (CIMC Raffles), a wholly-owned subsidiary of CIMC Group, has secured an order from Thaumas Marine, a subsidiary of Malaysia's Coastal Contracts Bhd, to build a gas compression jack-up unit.
The jack-up will be based on CIMC's Taisun 200B design and is scheduled to be delivered from the shipyard in 2015 and will enter service for Pemex in the Gulf of Mexico. The charter contract is for a
MARCH 12, 2014 — Here's a study that looks to have missed the boat. Produced by a Vancouver, BC, think tank called the Columbia Institute, it claims to show significant economic benefits for building BC ferries at home.
Unfortunately, the one shipbuilder in the province capable of building the the three ferries that are the study's immediate focus, has just withdrawn from the bidding process for the vessels.
Those ferries are BC Ferries three new intermediate
MARCH 12, 2014 — The U.S. Navy has awarded Electric Boat a $57.2 million contract to prepare and perform maintenance work on the USS Minnesota (SSN-783), a Virginia-class attack submarine. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD).
Under the terms of the contract, Electric Boat will perform a post-shakedown availability (PSA) on the Minnesota, which consists of maintenance work, repairs, alternations and testing to ensure the submarine is operating at full
MARCH 12, 2014 — Austal USA laid the keel of Trenton (JHSV 5), the fifth of ten Joint High Speed Vessels (JHSV), in a ceremony held Tuesday at its Mobile, AL, shipyard.
The keel was authenticated by the ship's sponsor, Ms. Virginia A. Kamsky, the Chairman and Chief Executive Officer of Kamsky Associates, Inc. (KAI), a strategic advisory firm with offices in Beijing and New York City.
MARCH 11, 2014 — Seattle-based naval architecture and marine engineering firm Elliott Bay Design Group (EBDG) has obtained approval in principle from ABS for the design of a 2,000 cubic meter liquefied natural gas (LNG) combination bunkering barge.
"At ABS our goal is to help designers, shipyards, and operators bring new and novel concepts to the marketplace in a safe and effective manner," said ABS Director of Global Gas Solutions Roy Bleiberg. "The EBDG combination bunkering
MARCH 11, 2014 — Kawasaki Heavy Industries, Ltd reports that it has signed shipbuilding contracts with United European Car Carriers (UECC) covering the construction of two 3,800 car capacity pure car and truck carriers (PCTCs).
They will be constructed at the NACKS shipyard in Nantong, China which is a joint venture between KHI and China Ocean Shipping Group. Deliveries of both vessels will be in the second half of 2016.
MARCH 11, 2014 — Sembcorp Marine's Sembawang Shipyard is to carry out a S$25 million revitalization of Royal Caribbean International's cruise ship Voyager of the Seas.
"We are very pleased to be chosen by Royal Caribbean for the revitalization of Voyager of the Seas," said Mr. P.K. Ong, Deputy President of Sembcorp Marine and Managing Director of Sembawang Shipyard. "We have over the recent few years, focused strongly on the development of our fast-growing niche markets,
MARCH 11, 2014 — Vard has received a Letter of Intent from Solstad Offshore for the design and construction of a large offshore subsea construction vessel (OSCV). If firmed up, the contract will be the largest single vessel order in Vard's history.
Solstad inked the LOI after itself receiving an LOI from an undisclosed major international offshore contracting company that plans to charter the vessel for a period of eight years firm, plus three one-year options.
MARCH 11, 2014—In an extremely competitive ship repair market, Portugal shipyard LISNAVE Estaleiros Navais, S.A., Setubal, held its own in 2013, repairing a total of 107 vessels, including 103 dry dockings and four afloat repairs.
LISNAVE says that although the figures represent a 6% increase in the number of vessels repaired compared to the previous year (101 ships in 2012), the workload per vessel was less. This reduction in maintenance work on existing vessel is