Month: February 2008

An undisclosed Norwegian owner has become the first shipowner to use BIMCO?s newly launched global shipbuilding contract, which is believed to have been signed this month with a Chinese yard. Under the…

Hyundai Heavy Industries (HHI) has clinched a $1.6 billion deal to build an oil platform in Nigeria. The deal with Elf Petroleum Nigeria Ltd., a subsidiary of France-based Total SA, calls on…

Major container shipping lines that are embarking on slow steaming schemes to cut fuel cost have come up against obstacles preventing them from reaping the full benefits. Several major container shipping lines…

Höegh LNG and CB&I Lummus have concluded a strategic and exclusive agreement for the next phase of Höegh LNG's FPSO project. The agreement formally ties the parties for a period of 2…

Cammell Laird shipyard in England has landed its largest contract since it was reborn seven years ago. The Birkenhead yard has won a £28m Ministry of Defence (MoD) contract to overhaul Royal…

German-based Beluga Shipping GmbH says fuel savings achieved by using a kite propulsion system during its first ever commercial voyage are in line with expectations, and that it anticipates increased efficiencies in…

Seattle based naval architecture firm Guido Perla & Associates, Inc. has signed a contract with Paris-based Bourbon to deliver the concept design, regulatory package, and final design for 10 GPA 696 IMR…

Aker Yards has delivered a "superspeed" day ferry for Color Line Transport AS. The vessel built at the Rauma yard in Finland is the first in a series of two. The second…