The Board of Directors of COSCO Corporation (Singapore) Limited (the Company) wishes to announce that COSCO (Zhoushan) Shipyard Co. Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured contracts valued over USD 100 million to build four (4) bulk carriers of 57,000 dwt each.
Wärtsilä, the marine industry’s leading solutions provider, has introduced a more powerful version for marine applications of its popular Wärtsilä 32 engine. First introduced in the 1980s, and with more than 4000 units sold to the marine industry alone, the Wärtsilä 32 engine has proven to be a highly efficient and reliable solution for...
STEP Offshore, a wholly-owned subsidiary of Aker Solutions, has won a contract from South Korea’s STX Offshore & Shipbuilding Co., LTD (“STX”) to supply equipment for a new, dynamically positioned ultra-deepwater Globetrotter-class drillship. The owner of the ship is Noble Corporation (NYSE: NE). STEP Offshore will supply equipment for mud mixing, circulation and transfer,...
The International Maritime Organization (IMO) has been made aware of various correspondence, being circulated via e-mail or in the form of invoices issued by, or in association with IMO and/or its officials. These scams, which may seek to obtain money from the recipients of such correspondence, are fraudulent. IMO wishes to warn the public...
This vessel measures 261.354 meters long, 39.6 meters wide, 23.1 meters high, and has a draft of 15.25 meters. The delivery ceremony was attended by almost 200 people in total, including Mr. Danny, President of Trada Maritime, Mr Wang Xingru, President of the COSCO Shipyard Group, and representatives from the shipyard, the owner and...
The fully owned subsidiary of A.P. Møller – Mærsk A/S, Mærsk Olie og Gas A/S (“Maersk Oil”), has agreed with SK Energy Co., Ltd. to acquire SK do Brasil Ltda. for USD 2.4 billion on a cash and debt-free basis. The acquisition is subject to customary conditions, including governmental approval and will not affect...
On 24 December 2010, SITC International Holdings Company Limited (“SITC International” or the “Company”, SEHK stock code: 1308) announces it signed contracts to commission an independent shipbuilding company to construct 2 container vessels for an aggregate consideration of US$39.6 million as part of the effort to expand its self-owned fleet of container vessels.
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