Category archives for: Headlines

The VG 6000-E, a Unique ‘Proven Design’ from CIG Shipbuilders

The VG 6000-E, a Unique ‘Proven Design’ from CIG Shipbuilders

Central Industry Group (CIG) is a group of 10 companies, all providing industrial goods and services to the international shipbuilding market and to complex architectural projects. Shipkits and Vuyk Engineering Groningen, both subsidiaries of CIG, working together under the name CIG Shipbuilders, herewith proudly present the VG 6000-E, a unique ‘proven design’ solution for multipurpose [...]

Jinhai Heavy Picks Up 10 Eco Boxships

Jinhai Heavy Picks Up 10 Eco Boxships

SinOceanic Shipping ASA has entered into a contract with Jinhai Heavy Industries, China, to build 10 x 8800 TEU state-of-the art super eco containerships for delivery from mid 2015. Upon delivery, all vessels will enter into long term, fixed charter parties. The vessels will be built to meet the latest IMO CSS Code for container [...]

YGS Seals Major Handysize Deal with Eitzen

YGS Seals Major Handysize Deal with Eitzen

Chinese-based Yangzhou Guoyu Shipbuilding Co., Ltd (YGS) has secured an order from Norwegian shipowner Axel C. Eitzen for the construction of up to nine handysize dry bulk carriers. These 38,000 dwt ships cost $21m each and are based on the Green Dolphin design created by the Shanghai Merchant Ship Design & Research Institute (SDARI), reports [...]

LEEVAC Adds Two HOSMAX 310 MPSVs

LEEVAC Adds Two HOSMAX 310 MPSVs

LEEVAC Shipyards Jennings LLC, of Jennings, LA, a subsidiary of LEEVAC Shipyards, LLC has signed contracts with Hornbeck Offshore Services, LLC, an affiliate of Hornbeck Offshore Services, Inc. of Covington, LA for the construction of two STX Marine SV 310 Multi-Purpose Supply Vessels; 302’ x 76’ x 26’, 12,070 BHP diesel electric powered MPSV’s. “These [...]

Hyundai Mipo Wins Four PCs

Hyundai Mipo Wins Four PCs

South Korea-based Hyundai Mipo Dockyard Co (HMD), two days ago, signed a contract to build four products carriers for an unnamed European owner. The contract, announced yesterday in a regulatory filing, is estimated to be worth around $126.2 million. The announcement did not disclose any particulars of the ships or equipment to be used onboard [...]

Construction Starts on 14 Damen ASD Tugs

Construction Starts on 14 Damen ASD Tugs

A symbolic keel-laying ceremony on the 17th of April 2013 in Gorinchem, The Netherlands, officially launched the construction phase of 14 Damen ASD Tugs for Kuwait Oil Company (KOC). The series consist of two types, being 9 tugs of Damen’s recently launched 3212 model and 5 units of the well-known 2810 design, with 80 and [...]

Marinette Marine Builds Two Additional LCS Ships

Marinette Marine Builds Two Additional LCS Ships

Marinette Marine Corporation (MMC) was awarded options to build two additional Littoral Combat Ships (LCS). These are the fifth and sixth LCS ships that MMC has been contracted to build under the 2010 block buy contract. The award of LCSs 13 and 15 increases MMC’s backlog through 2016 and assures the company’s ability to maintain [...]

ISOICO Secures Major Shipbuilding Order

ISOICO Secures Major Shipbuilding Order

Iran Shipbuilding and Offshore Industries Complex Co. (ISOICO), an Iranian shipyard active in shipbuilding and ship repairs of different types of vessels and offshore structures, has won an order to construct six container ships and fifteen bulk carriers IRISL. An official of IRISL (Islamic Republic of Iran shipping Line) said, in a press conference that the [...]

Nam Cheong Bags Contracts Worth $110 Mln

Nam Cheong Bags Contracts Worth $110 Mln

Nam Cheong Limited (Nam Cheong), a leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (OSV) builder, has sold five vessels worth a total of US$110 million. One 12,000 bhp Anchor Handling Towing Supply (AHTS) vessel was sold to a new customer, an emerging offshore marine services company based in Indonesia that owns [...]

CSSC Enters $9.8 Bln Credit Facility Agreement with CCB

CSSC Enters $9.8 Bln Credit Facility Agreement with CCB

China Construction Bank and China State Shipbuilding Corporation entered into a ‘strategic cooperation agreement’ on May 2nd, under which the bank will offer comprehensive restructuring and financial support to the state-owned shipbuilder. According to the agreement, China Construction Bank will provide a credit facility of 60 billion yuan (approx $9.8 Bln) to CSSC. At this [...]

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