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STX Finland and Viking Line Sign Agreement For Cruise Ferry

STX Finland Oy and Viking Line ABP have signed a preliminary agreement for the construction of an environmentally friendly, new generation cruise ferry for Viking Line. The agreement includes an option for a sister ship. The ship price will be about 240 million euros, and will be built at Turku shipyard for delivery in the beginning of 2013.

MOL Table Top Drill Tests –

The three-and-a-half-hour drill began at 1 p.m. Friday, October 22. The intent of the exercise was to strengthen the foundation of corporate social responsibility laid out in the MOL Group Corporate Principles

DSME Signes a $800M Deal With Sovcomflot

South Korea’s Daewoo Shipbuilding & Marine Engineering announced today that on October 20th they signed a newbuilding contract with the state-owned Sovcomflot to build a total of 12 Aframax crude/product carriers (including vessels to be built in Russia and optional units) worth around $800m.