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  • 20 October 2011

    Teekay to acquire three FPSOs from Sevan Marine

    Teekay has entered into an agreement with Sevan Marine (Sevan) to acquire three floating production storage and offloading (FPSO) units and make an equity investment in a recapitalizsed Sevan.

  • 20 October 2011

    Daewoo wins LNG pair

    South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) has received a $400m order from Sweden-based Stena Bulk to build two liquefied natural gas (LNG) carriers.

  • 19 October 2011

    Precious Shipping wins $85m term loan

    Precious Shipping has secured a term loan facility of $84.96m from ING Bank and DnB NOR Bank for the financing of four new dry bulk carriers.

  • 19 October 2011

    Marco Polo Marine to build two AHTS vessels

    Singapore's Marco Polo Marine has received contracts from Pelayaran National Bina Buana Raya (BBR) to build two anchor-handling tug supply (AHTS) vessels for $27m.

  • 18 October 2011

    MHI develops low carbon-emitting bulk carrier

    Mitsubishi Heavy Industries (MHI) has developed a new bulk carrier vessel that offers reductions in CO2 emissions by about 25% compared with conventional bulk carriers.


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