Month: December 2006

The strategic independence of Germanischer Lloyd (GL) has been saved following a shareholders' meeting. The executive board of the Hamburg-based classification society announced the successful defence against the hostile takeover bid by…

Petróleo Brasileiro S.A. (Petrobras) has awarded Stavanger-based Prosafe a charter contract for the supply and operation of a gas FPSO to operate offshore Brazil. The firm period of the contract is nine…

NACKS in China delivered a 300,000DWT VLCC to Cosco named ?Cosmerry Lake?. Ship particulars are 333m in length, 60m in breadth and 29.5m in depth.

Jinling Shipyard in China is rumoured to have won an order for eight 17,700DWT multi purpose ships from Spliethoff in the Netherlands. They will be delivered from November 2008 to December 2009.…

Keppel Singmarine in Singapore has clinched a $88 million contract to build a Floating Storage Offloading system (FSO) unit for Lukoil ?Nizhnevolzhskneft (LUKOIL-NVN), a subsidiary of the Russian oil company, Lukoil Oil…

The number of 110,000dwt Aframax crude oil tankers currently under construction for Navigazione Montanari S.p.A. has risen to six.The Italian company has commissioned the construction of another two 110,000dwt crude oil tankers…

Wärtsilä in Finland and the German company Becker Marine Systems have entered into a co-operation agreement on the optimization of ship propulsion systems. Hamburg-based Becker Marine Systems has annual net sales of…

The International Bunker Industry Association (IBIA) has presented a paper to IMO?s Maritime Safety Committee (MSC) advising that current proposals relating to the mandatory supply and carriage of Material Safety Data Sheets…

India is to begin assembling Franco-Spanish Scorpene attack submarines as part of plan to boost its naval power and military-industrial know-how. Production started this week at the Mumbai-based Mazagaon Dock naval shipyard.…

Venezuela's state oil company (PDVSA) has signed a deal with Brazilian industrial conglomerates Eisa and Maua Jurong to build ten oil tankers in Venezuela. The joint venture will produce at least eight…