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Contracts

Frigstad Orders Ultra-deepwater Semi-submersibles

Subsidiaries of Frigstad Deepwater Ltd sign construction contracts for two ultra deepwater semi-submersible drilling units from CIMC Raffles in Yantai, China. The 7th generation drilling units are of the Frigstad D90™…

Contracts

Gulf of Thailand PSV Charter Fixed

Miclyn Express Offshore's Thai J/V has taken delivery of the PSV 'UM Supporter' from Poet Shipbuilding & Engineering. The vessel immediately entered into a 3 year firm contract, plus two 1 year extension options, to…

Technology

Teekay LNG Partners Orders Two LNG Newbuilds

Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) entered into an agreement with Daewoo Shipbuilding & Marine Engineering CO., LTD., (DSME) of South Korea for the construction of two 173,400 cu. m…

Contracts

Sentinel Marine Sell AHTS, Order Two More

Sentinel sell new-build Anchor Handling Towing & Supply vessels AHTS 5150; order two more AHTS from Nam Cheong Dockyard. Buyers of the AHTS 5150, Hull SK 67, have requested the details of the sale to remain private. The…

Contracts

Tankship Sold For Conversion to FPSO

Belgian owners, Euronav NV, of the VLCC 'Algarve' announce its delivery to the new owner for conversion. The 298,969 dwt VLCC Algarve , built in 1999, was sold for USD 35,875,000 yielding Euronav a capital gain of USD…

Contracts

US Corp Buys PCTC

International Shipholding Corporation purchases a 1999-built Pure Car Truck Carrier (PCTC) to fly the US flag. International Shipholding Corporation announce the purchase of a 1999-built Pure Car Truck Carrier (PCTC)…

Contracts

Malaysia's Silk Holdings Buys Two AHTS

Silk subsidiary, Jasa Merin Sdn Bhd, signs up to buy two Anchor Handling Tug Supply (AHTS) vessels from previous owners. The vessels named IDS Darul Ehsan and IDS Darussalam are 70-metre 120-tonne bollard pull AHTS with…