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Ship Finance International Limited (NYSE: SFL) (“Ship Finance” or the “Company”) announces that it has agreed to sell the 2007-built jack-up drilling rig Soehanah to an unrelated third party and three 2002-built VLCCs to ADS Crude Carriers Ltd. (“ADS”), a newly established company in which Ship Finance has acquired a

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Asia

Montreal, Quebec, Canada, July 13, 2018 – Fednav Limited takes ownership of a 60th bulk carrier, an important milestone in Fednav’s history. This vessel, the MV Federal Dee, is the latest in a series of 22 box-hold handysize bulk carriers of 34,500 deadweight tons ordered from Oshima Shipyard of Japan since 2013. As

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Company NewsEurope

12 July 2018 Innovative vessel for CEMEX UK is first of next generation of marine aggregate dredgers Damen has begun work on the construction of the innovative dredging system for the first Marine Aggregate Dredger (MAD). This vessel, which is being built at Damen Shipyards Galati in Romania, is designed to extract sand

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AsiaEurope

Dalfsen, Netherlands: ABB Ability™ Marine Advisory System – OCTOPUS marine software will map the safest and most efficient routes for a fleet of heavy lift vessels servicing the expansion of a giant oil field in Kazakhstan. ABB has secured a series of contracts for nine heavy lift vessels transporting modules

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Asia

Keppel Offshore & Marine Ltd (Keppel O&M) through its wholly-owned subsidiary, Keppel Singmarine Pte Ltd, has secured a contract from FueLNG, a joint venture between Keppel O&M and Shell Eastern Petroleum (Pte) Ltd, to build South East Asia’s first Liquefied Natural Gas (LNG) bunkering vessel valued at approximately S$50 million.

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Europe

Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers” or the “Company”) announced today that it has agreed to sell and leaseback six MR product tankers (STI Battery, STI Milwaukee, STI Tribeca, STI Bronx, STI Manhattan, and STI Seneca) to CMB Financial Leasing Co., Ltd. Upon completion, the Company’s liquidity is expected to

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Europe

The number of units built for this company rises to 16 March 6, 2018   During the Seatrade Cruise Global, the most important annual event in the cruise sector, currently under way in Fort Lauderdale (Florida, USA), Fincantieri and Viking have announced that they entered an agreement for 6 further

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Europe

06-03-2018 Damen Marine Components (DMC) and Van der Velden Marine Systems (VDVMS) recently announced a merger. As of 1st January the two companies are operating together as Damen Marine Components Netherlands (DMC NL). DMC has been operating ever since the early eighties of the last century in the Damen Shipyards

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Europe

22 February 2018 The technology group Wärtsilä is expanding its co-operation with the Athens based ship management company TMS Cardiff Gas Ltd. Under the recently signed maintenance agreement, Wärtsilä ensures the maintenance predictability of the operation of four TFDE LNG Carriers in TMS Cardiff Gas’ fleet. Eniram’s data collection platform

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Europe

  February 21, 2018 To extend their global service offerings, Winterthur Gas & Diesel (WinGD), recently signed agreements with Wärtsilä Services and CSSC Marine Service Co. Ltd. (CMS) as Authorized Global Service Providers. With these new agreements, valid from January 1st, 2018, both providers can now offer support for all

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