Shipbuilding News

 

QatarEnergy Pays Homage to Rex Tillerson by Giving His Name to New LNG Carrier

Feb 23, 2024

QatarEnergy has named the first LNG carrier to be delivered as part of its new LNG fleet expansion program as Rex Tillerson, in recognition of the former Chairman and CEO of ExxonMobil, who also served as the 69th United States Secretary of State…

Yantai Dual-fuel Methanol WTIV Design Receives ABS Approval

Feb 21, 2024

Classification society ABS reports it has issued approval in principle (AIP) to Chinese shipbuilder Yantai CIMC Raffles Offshore Ltd. for its design of a dual-fuel methanol, heavy-duty, offshore wind turbine installation vessel (WTIV).The WTIV…

NYK Places Order for its First Japan-built Offshore Wind CTV

Feb 21, 2024

NYK Line has ordered a crew transfer vessel (CTV) for offshore wind industry from Kosaba Shipbuilding Corporation, the first such order the company placed to a local Japanese shipyard.Following delivery in late 2025 or 2026, the vessel will…

Edison Chouest Withdraws Title XI Application

Feb 19, 2024

An affiliate of Edison Chouest Offshore has withdrawn its application for financing under the U.S. Maritime Administration's (MARAD) Title XI program.Title XI is a government loan program with the Federal Financing Bank as the lender. It is…

Eidesvik-Agalas JV to Build New IMR Vessel on Charter with Reach Subsea

Feb 19, 2024

Eidesvik Offshore, together with Norwegian shipowner Agalas, has entered into an agreement to build a new construction support vessel (CSV), which is on charter with Reach Subsea.The newbuild will be equipped to perform inspection, maintenance…

Vard to Build Cyan Renewables’ SOV for Taiwan’s Offshore Wind Farms

Feb 15, 2024

Vard, a Norwegian subsidiary of the Fincantieri Group, has signed a contract for the design and construction of a hybrid power service operation vessel (SOV) for the Taiwanese company Cyan Renewables.The news comes after Siemens Gamesa awarded…

Kongsberg to Equip Four Offshore Wind CSOVs Being Built by Ulstein Verft

Feb 15, 2024

Kongsberg Maritime has secured a contract with Ulstein Verft for the supply of an extensive equipment package for four wind farm commissioning service operation vessels (CSOV), two for Bernhard Schulte Offshore and two for J.P. Morgan Asset Management…

Siemens Gamesa Selects Contractor for First SOV Newbuild in Asia

Feb 14, 2024

Cyan Renewables, a portfolio company of Seraya Partners, will build Siemens Gamesa’s first service operations vessel (SOV) in Asia to facilitate the servicing of wind turbines for the Hai Long offshore wind projects in Taiwan.Siemens Gamesa awarded a 15-year charter contract to Cyan Renewables…

Seatrium Renews Exclusive Deal with Gaslog and Shell for LGN Carrier Repairs

Feb 14, 2024

Singapore-based Seatrium has renewed its long-term favored customer contract (FCC) with GasLog LNG Services and Shell International Trading and Shipping Company (STASCO) to provide ship repairs, refurbishment and upgrading for their LNG carriers until 2029…

ABB to Equip Nexans’ New Cable Layer with Hybrid Power System

Feb 14, 2024

ABB has secured an order from Norwegian shipyard Ulstein Verft to supply an advanced power and propulsion system for a new cable-laying vessel (CLV) being built for Nexans.Upon delivery in 2026, the vessel will join Nexans Skagerrak and sister…

MARAD’s Title XI Changes: Good News for Offshore Wind?

Feb 12, 2024

The U.S. Department of Transportation's Maritime Administration (MARAD) in December issued a final rule updating its financial requirements for the Federal Ship Financing Program, commonly referred to as Title XI. While the move applies to the U…

NYK and JERA Agree Long-Term Charter for New LNG Carrier

Feb 07, 2024

NYK and JERA have signed a long-term charter contract for a new liquefied natural gas (LNG) carrier to be built in South Korea by Hyundai Samho Heavy Industries.The vessel will be delivered in 2027 and will be used to transport LNG for JERA…

Vard to Convert IT Infinity PSV to Cable Laying Vessel

Feb 05, 2024

Norwegian ship designed and builder Vard has secured a contract from I.T. International Telecom Marine (IT) to convert its platform supply vessel (PSV) IT Infinity into a cable laying vessel (CLV).The PSV was built at Vard Brattvaag and delivered…

Milestones for Bernhard Schulte Offshore CSOVs

Feb 01, 2024

Two commissioning service operation vessels (CSOV) under construction for Germany-based Bernhard Schulte Offshore have reached milestones. The steel cutting and keel laying ceremonies for yno 321 and 320, respectively, were arranged at the Crist hull yard…

Construction of CSOV for Taiwan’s Offshore Wind Market Kicks Off in Vietnam

Jan 31, 2024

The steel cutting ceremony for the new Construction Service Operation Vessel (CSOV), being built by Damen for Ta San Shang Marine (TSSM), a joint venture between Japan’s Mitsui O.S.K. Lines and Taiwan’s Ta Tong Marine, took place in Vietnam…

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