STX France has received an order to build a luxury cruise ship, the “EUROPA 2”. The new ship is being acquired by a third-party proprietary company outside the TUI group at the French STX shipyard and will enter service in 2013.
Maersk Drilling Ready for Growth
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2010 is set to be a very good year for Maersk Drilling, which will not only deliver a financial result that exceeds expectations, but will also have created a strong platform for future growth, says Chief Commercial Officer Martin Fruergaard.
SHI Aims for $13bn Sales in 2011
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Korea-based Samsung Heavy Industry (SHI) expects to make a new highest sales record in 2011, passing its sales target of KRW13trn ($12bn).
BW Ventures And Investinor AS To Acquire Oceansaver
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BW Ventures and Investinor AS have made an agreement to acquire OceanSaver, one of the world’s largest ballast water management (BWM) system providers. Strengthening OceanSaver’s expansion strategy and roll out of its current NOK 400 million BWM order book, the sale will be finalised following approval by the Norwegian competition authorities and the completion of some due diligence issues with the new owners.
STC-Group Orders Kongsberg Simulator Upgrade
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STC-Group has signed a contract with simulation developer Kongsberg Maritime to supply extensive upgrades to its large suite of simulators.
SHI Delivers First Export Ship
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Samsung Heavy Industries(SHI) delivers a drillship ordered from Cardiff Marine in Greece.
STX Pan Ocean Explains Newbuild Financing Technique
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Korea’s STX Pan Ocean is to set up six special purpose companies to finance newbuilding orders already placed. The Seoul- and Singapore-listed shipowner said Wednesday in a regulatory filing that the new companies would owe debt to financial institutions, which would be guaranteed by STX to the amount of KRW402.3bn ($358m). The period of debt…
NYK Announces Asia-Adriatic Service
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We are pleased to announce that NYK will launch a new service to/from Asia into the Adriatic region via the China-Europe Shuttle service (CES) connecting over Taranto onto two Adriatic services, Adriatic Service 1 and Adriatic Service 2 (ADS1 / ADS2).
Wilhelmsen Ships Service Acquires Nalfleet
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Wilh. Wilhelmsen Holding ASA’s subsidiary, Wilhelmsen Ships Service, has signed a definitive agreement to acquire Nalfleet for USD 41 million.
Large order from Turkey – Conductix-Wampfler will electrify RTG Container Cranes
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Turkish port operators converting 18 container cranes to electrical operation / Conductix-Wampfler will be general contractor for crane conversion and port construction / order strengthens position as world market leader.