Month: July 2005

Austal Ships has delivered to a private owner the ?Electra? for operation in the Bahamas.With the initial design brief heavily based on carrying and deploying a 9 metre, twin engine RIB, ?Electra?…

Teekay Shipping Corporation has been awarded contracts to charter two 155,000 cubic-metre LNG carriers to the Tangguh LNG project in Indonesia. The contractual relationship for the 20-year fixed-rate charters will be with…

A group company consisting of Kawasaki Kisen Kaisha, Ltd. ("K"Line), together with its Indonesian consortium partner, PT. Pelayaran Nusantara Meratus (PNM), has executed three 20-year long-term charter agreements for three new LNG…

Singapore conglomerate Keppel Corporation Ltd., the world's top builder of offshore oil rigs, is set for a 28% quarterly profit rise on Thursday as rig orders boom and oil refining returns improve.More…

Germanischer Lloyd has taken first place in the current evaluation of all statutory inspections of ships during the past year within the scope of the Paris Memorandum of Understanding (Port State Control).…

Korea Gas Corporation (Kogas) has invited bids to build four LNG carriers, two of which will be ice classed, to carry 3.5 million tonnes of LNG from 2008. The LNG carriers will…

The U.S. Navy unveiled plans for a major transformation in military marine navigation over the next few years, in which traditional paper nautical charts will be replaced with advanced, interactive, electronic navigation…

Japan has announced it will abandon plans to put into service the world's fastest passenger ship, which cost $103 million to build, due to predicted operating deficits.The Techno Superliner (TSL), which has…