Abu Dhabi's AD Ports to Develop Multi-purpose Terminals, Cruise Ship Berths Along Egypt’s Coastline
Abu Dhabi's AD Ports Group and the Red Sea Ports Authority have signed a Term Sheet and a Head of Terms agreement for what they say are major port projects along Egypt’s coastline, including multi-purpose terminals, and cruise ship berths.The first agreement will see AD Ports Group develop, operate, and manage a multi-purpose terminal in Safaga Port in a consortium with the Red Sea Ports Authority and the Egyptian Group for Multipurpose Terminals Company…
Everett Ship Repair Names New Drydock
On Wednesday, May 4, 2022, Everett Ship Repair, LLC (ESR) hosted a naming ceremony and grand opening for their newest drydock, the Emerald Lifter. The Emerald Lifter, formally the Zidell 220, was relocated to ESR’s facility at the Port of Everett last month. ESR performed maintenance and preservation before it was put into operation on May 3, with it’s first drydocking.The Emerald Lifter has a lifting capacity of 2,000 tons and a working deck of 220’ x 62’.
Raytheon, BMT, Austal Unveil Australian Independent Littoral Maneuver Vessel Design
Raytheon Australia, BMT and Austal Australia are working together in a bid to deliver the new Australian Independent Littoral Maneuver Vessel, or ILMV, for the Australian Army.If selected to deliver the Army’s LAND 8710-1A program, Raytheon Australia will lead the team to deliver the BMT-designed vessel, which will be built by Austal at the Henderson shipyard in Western Australia. Thee Australian ILMV is based on a proven design and tailored for the Australian environment…
Cadeler Raises $91,25M for Newbuild Wind Turbine Foundation Installation Vessel
Danish offshore wind turbine and foundation installation firm Cadeler has raised EUR 86 million (around $91,25M) via a private placement, with the plan to use the cash to fund a part of the construction of a new "hybrid" offshore wind farm foundation installation vessel.Announcing the private placement plans on Wednesday, the company said it was in talks with COSCO over a potential order to construct a purpose-built ship for the installation of large offshore wind farm foundations.
CNOOC Awards $2.4B Contracts for Construction of 12 LNG Carriers
China National Offshore Oil Company (CNOOC) has awarded 16 billion yuan ($2.42 billion) worth of contracts to build 12 liquefied natural gas tankers, the largest of their kind in the country, the company said on Thursday.China is the world's largest buyer of the super-chilled gas, while CNOOC is the country's largest importer of the fuel and among the state majors leading a drive to expand their LNG fleet to meet rising import needs and facilitate fast-growing global trade.
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