Month: December 2007

Classification society ABS says it is seeing a resurgence of interest in floating solutions for the transportation of natural gas aimed at capturing ?stranded? gas reserves around the world. Although natural gas…

Concordia Maritime?s 65,200 DWT product tanker ?Stena Perros? was recently delivered from Brodosplit Shipyard, Croatia. The vessel has been signed to a 5-year time charter with the French oil and energy company…

Lafayette, La.-based Aries Marine Corp. signed a letter of intent with Eastern Shipbuilding Group for the construction of two ?TIGER? shark class platform supply vessels (PSVs). These will be built to the…

Singapore-based Swissco International Ltd?s wholly-owned subsidiary, Swissco Offshore Pte Ltd, has placed orders for four more offshore support vessels worth S$18.5m including owner supplied equipment.The first order is for two identical units…

Shipbuilding and ship repair firm Cosco Corp (Singapore) will consider establishing bases in Vietnam and other Asian countries since China could become less attractive as environmental regulations tighten and labour costs rise.…

Hyundai Mipo Dockyard is considering setting up a manufacturing facility in Vietnam as surging orders spur the company to seek sites beyond Korea's shores. "We are reviewing plans to probably make part…

The Tognum company MTU Friedrichshafen and the China North IndustriesGroup Corporation (Norinco) reached agreement on a joint venture. At a press conference in Shanghai, the two companies presented their plans to jointly…

SembCorp Marine?s wholly-owned subsidiary, Jurong Shipyard Pte Ltd (JSPL), has entered into an agreement to acquire a 70% equity stake in Shanghai Jurong Marine Engineering & Technology Co. Ltd (JSMET). JSMET offers…

Vroon Offshore Services (VOS) in Holland has ordered an additional four field support vessels (FSV), with an option for a further two, as the next phase of its fleet investment programme. The…