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Vessels

QP Launches Tender for 100+ LNG Carriers

Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President & CEO of Qatar Petroleum. Photo: QP

Middle East natural gas giant Qatar Petroleum (QP) issued an invitation to tender for the reservation of ship construction capacity required for a fleet of over 100 liquefied natural gas (LNG) carriers.The world’s largest LNG producer said in a statement that the vessels will serve QP’s

Jiangsu Cuts Steel for Four New ASD Tugs

Photos:Jiangsu Zhenjiang Shipyard

Chinese shipyard Jiangsu Zhenjiang Shipyard Group has held a steel-cutting ceremony for four new Azimuthing Stern Drive (ASD) tugs."Series of 6000HP ASD tugboats, which built for Liaoning LongyunShunze Tug Ltd. by our company, were carried out steel cutting. Our guests, President Quzhi, General Manager Tianye, attended the ceremony.

Samsung Wins $963mln FPSO Contract

Geoje Shipyard. Photo: Samsung Heavy Industries

South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for the construction of a floating production, storage and offloading (FPSO) unit on the condition that the client receives approval from its partner and government.The contract worth KRW 1.1 trillion (US$963 million) has been signed with an unnamed Asian shipowner,

LNG-Ship Orders to Dominate Newbuilds in 2025

Pic: Samsung Heavy industries.

About 60.3 percent of the world’s ship orders are projected to be for liquefied natural gas (LNG)-fueled vessels by 2025."Ships powered by LNG are expected to account for six out of 10 new vessel orders in six years due to toughened environmental standards," said a report in Pulse News.

Support Vessel Delivered to Oceaneering

Ocean Evolution (Photo: Oceaneering)

Oceaneering International announced Monday that it has taken delivery of a newbuild subsea construction support vessel, Ocean Evolution, built by BAE Systems in the US.The US-flagged, Jones Act-compliant multi-service vessel (MSV) has completed sea trials and received all necessary ABS and U.S. Coast

Domestic Vessel Annual Report for 2018 now available

File Image: A USCG safety inspector at work on the waterfront. CREDIT USCG / Anthony Soto

The Office of Commercial Vessel Compliance has announced the publication of the 2018 Domestic Annual Report.The report highlights, U.S. domestic fleet deficiencies, inspections, and marine casualty statistics and serves as a powerful tool to study trends, identify key performance indicators, and bring attention to issues in the fleet.

Vessel Orders Hits Lowest in 15 Years

Image: South China Shipyard

The global newbuilding orderbook for vessels has shrunk to the lowest level in 15 years as vessel owners struggle with excess capacity.According to to data from Clarksons Research, there were 3,200 vessels of a combined 81 million gross tons ordered globally in the first quarter of 2019, which is the lowest figure since 2004.

New Swedish SIGINT Ship Launched

Photo: Saab

Sweden’s new signals intelligence (SIGINT) vessel was launched from the Nauta Shiprepair Yard in Gdynia, Poland.Outfitting and equipment installation will take place in Nauta Shiprepair Yard, after which the vessel will undergo harbour and sea trials. The ship will then sail to Saab’s shipyard

Aus Icebreaker Nearing Completion

Image: Australian Maritime College

Preparations are ramping up for the arrival of Australia’s newest icebreaker, the RSV Nuyina. The Antarctic icebreaker is due to arrive in Hobart in 2020.RSV Nuyina will be the main lifeline to Australia’s Antarctic and sub-Antarctic research stations and the central platform of our Antarctic and Southern Ocean scientific research.

MOL Buys Reliance Ethane Carrier Fleet

Image: MOL

Japanese shipping giant Mitsui OSK Lines (MOL) will buy Reliance Industries (RIL) stakes in Singapore-based Reliance Ethane Holding (REHPL) which has a fleet of six very large ethane carriers (VLECs).RIL has 100% holding in six limited liability companies (LLCs) which own the VLECs. "MOL and a

Tristar Orders Six Tankers at Hyundai Mipo

Photo: Tristar Group

The Dubai-based Tristar Group announced that it has signed firm contracts for six new build 25,000 MT DWT, IMO Type 2 Oil and Chemical Tankers with South Korea shipbuilder, Hyundai Mipo Dockyard.The vessels will be delivered between the middle of May 2020 till the first week of January 2021, said a

Scorpio Sells, Leaseback Six Vessels

Pic: Scorpio Bulkers Inc.

Monaco-based dry bulk shipping company Scorpio Bulkers has agreed to sell and leaseback six Ultramax vessels to AVIC International Leasing.The dry bulk operator said in a press note that the six vessels are SBI Antares, SBI Bravo, SBI Hydra, SBI Leo, SBI Lyra and SBI Maia.Upon completion, which is estimated

Keppel to Start Work on Golar's FLNG vessel

Pic: Golar LNG

Keppel Shipyard Ltd (Keppel Shipyard), has received the Final Notice to Proceed (FNTP) from Gimi MS Corporation, a subsidiary of Golar LNG Limited, to commence full conversion works for the Gimi Floating Liquefaction Vessel (FLNG) project.The wholly-owned subsidiary of Keppel Offshore & Marine (Keppel

Hyundai Wins New Order for LNG Vessel

Image: Hyundai Heavy Industries

South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has won an order for a 174,000 cbm liquefied natural gas (LNG) carrier.With the latest contract with a Greek shipowner, the shipbuilder has secured five orders in two weeks, worth a total 700 billion won ($616 million).According to HHI,

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