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Aker Kvaerner Awarded contracts for Arctic Shuttle Tankers
Aker Kvaerner has been awarded contracts from Russian Admirality Shipyards to supply equipment for two shuttle tankers destined to operate in Arctic waters. The…
Daewoo Shipbuilding Wins Orders Worth $600m
Daewoo Shipbuilding & Marine Engineering Co., has won three orders worth a combined $600m to build six ships for three companies in Russia, Africa and Europe. Daewoo…
ABB Wins Orders Worth $100m
ABB, a power and automation technology group, signed contracts worth more than $100 million in September to supply Azipod propulsion, power generation and distribution systems for four new vessels…
Tanker for Sovcomflot Delivered
STX Shipbuilding delivered the new product tanker, SKF Neva, to Sovcomflot JSÑ. The first product tanker of the series, the keel was laid on May 30, 2006. The 600 x 106 ft.-tanker is 46.520 tons dwt.
ABB Wins Azipod Propulsion Orders
ABB has signed contracts worth to supply Azipod propulsion, power generation and distribution systems for a total of eleven vessels. They are being built by Admiralty Shipyard…
Sovcomfloat Signs Loan Agreement
Sovcomflot Group and German bank HSH Nordbank AG have signed a Loan Agreement of $434m. HSH Nordbank is mandated lead arranger and is providing senior debt for the transaction.
Unicom Signs for LR’s Hull Integrity Service
Unicom Management Services (Cyprus) Ltd., the ship management arm of Russian national shipowner Sovcomflot, became the first tanker operator to sign up multiple…
LR to Class Double-Acting Shuttle Tankers
A pair of 70,000 dwt double-acting ice-class shuttle tankers ordered at Admiralty Shipyards in St Petersburg for year-round service between the Pechora Sea and Murmansk…
Aker Kvaerner Gets Contract for Arctic Bow Loading Systems
Aker Kvaerner has been awarded a contract with Samsung Heavy Industries Co. Ltd in South Korea for delivery of bow loading systems for three new shuttle tankers able to operate in arctic conditions.
Joint Cooperation for Stena Bulk, Sovcomflot
The tanker Stena Arctica will be named in the Port of Göteborg. With its 117,100 dwt, the vessel is the largest Swedish flagged ship in the Swedish merchant navy…
ABB Wins Contracts Totaling $140M
ABB has been awarded contracts worth $140 million to supply its Azipod® propulsion systems for three vessels and electrical power systems for 11 vessels and two semi-submersible drilling rigs.
ABB Wins Contracts Totalling $140M
ABB won contracts worth $140 million to supply its Azipod propulsion systems for three vessels and electrical power systems for 11 vessels and two semi-submersible drilling rigs.
Hyundai Completes $150 M Oil Tanker Project
Construction of three oil tankers with tonnage of 100,000 tons each was finished at the Hyundai Heavy Industries shipyard in South Korea, according to a Moscow News report.
Aker Arctic secures contract on Arctic Tanker Design
tdw Arctic shuttle tankers. design developed by Aker Arctic. vessels. onshore oil fields. twin 10 MW pod drives.
Samsung Wins Tanker Contract
According to a Korea Herald report, Samsung Heavy Industries Co. won a $422.5 million deal to build three arctic tankers for Russian state-owned shipper Sovcomflot.
Moore Stephens Recommends Transfer Pricing Review
Shipping companies should take positive action now, if they want to avoid a big U.K. tax bill, say leading accountants Moore Stephens. In the current issue of Moore Stephens' shipping newsletter…