Samsung Heavy Industries announced on Thursday that the company has entered into a shipbuilding contract with Nigeria’s Bonny Gas Transport for the construction of four LNG carriers.The contract is estimated to be worth around $892 million. The delivery of the vessels to Bonny Gas Transport, the shipping unit of Nigeria LNG, is scheduled to start in 2015. [...]
April 4, 2013 | Posted in
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An important contract for the construction of a Fleet Tanker/Logistics Support Ship for Pakistan Navy was signed, on 22 Jan, between Ministry of Defence Production (MoDP), Pakistan and M/s STM of Turkey. Under the contract, design of the ship will be provided by Turkish company M/s STM while the complete construction and assembly activities [...]
February 6, 2013 | Posted in
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STX Dalian, the Chinese unit of South Korean STX Group, has signed a $187 mln deal to build four 181,000 DWT dry bulk carriers for Frontline. The vessels are scheduled for delivery in the first half of 2015. As Seatrade reports, the contract comes with an option to construct four similar type vessels. Shipbuilding Tribune [...]
January 25, 2013 | Posted in
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STX Offshore & Shipbuilding revealed on December 23th that the company has secured a contract worth USD 695 million to build 13 oil tankers for BP Shipping, Reuters reports. The shipbuilder is hired to build three 160,000 DWT and ten 110,000 DWT vessels. The contract includes an additional option for eight more tankers. All the [...]
December 26, 2012 | Posted in
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The National Shipping Company of Saudi Arabia (Bahri) announces that its 80% owned subsidiary company National Chemical Carriers Ltd. Co. has decided to cancel a shipbuilding contract for one chemical tanker (NCC Bader) due to the delay in delivery beyond the agreed date in the shipbuilding contract. According to the contract signed with ShinaSB Yard [...]
December 26, 2012 | Posted in
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Greek shipping company Tsakos Group has entered into a shipbuilding contract with Sungdong Shipbuilding from Korea. According to the Seatrade Asia report, the subject of the contract is construction of a 157,000 dwt shuttle tanker with an option to build another one. The vessel is scheduled to be delivered in 2014. Sungdong Shipbuilding commenced construction [...]
November 8, 2012 | Posted in
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The signing of the shipbuilding contract for two ROPAX Catamarans for Shannah Masirah run was unveiled and announced, few days ago, by National Ferries Company’s Chairman, Mr. Mehdi Al Abduwani. Mr. Mehdi informed the press that the shipbuilding contract was a by-product of an International Tender through the Tender Board with stringent evaluation process to [...]
November 4, 2012 | Posted in
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JES International Holdings Limited (JES), a major shipbuilding group based in the PRC, has entered into a shipbuilding contract for one unit of UT 755 LN Platform Support Vessel (PSV) through its wholly owned subsidiaries, JES Universal Co. Private Limited and Jiangsu Eastern Heavy Industry Co. Ltd. This is the Group’s second contract secured since [...]
October 31, 2012 | Posted in
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SIOFF has entered into a shipbuilding-contract with Fjellstrand AS in Norway for the construction of one Installation Support Vessel, with option for one additional vessel. The associated gross project cost for the first vessel, ready for operation, is approx. USD 55 million. The firm vessel is scheduled for delivery in March 2014. The vessel, which [...]
October 10, 2012 | Posted in
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The Board of Directors of JES International Holdings Limited announced that, in accordance to Group’s policy of recognizing orders which are effective, the Group has entered into new shipbuilding contract with a Germany customer to build a 94,000 DWT bulk carrier, through its wholly owned subsidiary, Jiangsu Eastern Heavy Industry Co., Ltd (JEHl). Also, there [...]
