2 November 2011
STX OSV secures Island Offshore contract for four PSVs
STX OSV Holdings has won contracts from Island Offshore to build four platform supply vessels (PSVs) with a combined value of NKr1bn ($177.38m).
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1 November 2011
Armed guards to protect British ships from Somali pirates
The UK government has announced that its merchant vessels sailing around the Horn of Africa will now be allowed to carry armed guards to protect them from Somali pirates.
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1 November 2011
CSCL buys eight container vessels
China Shipping Container Lines's (CSCL's) Hong Kong unit has ordered eight 10,000 teu vessels from two Chinese shipyards worth $754.2m.
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1 November 2011
MHI to build two next-generation LNG carriers
Mitsubishi Heavy Industries (MHI) has signed an agreement with Osaka Gas International Transport (OGIT) and Mitsui O.S.K. Lines to build two next-generation liquefied natural gas (LNG) carriers.
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1 November 2011
Sembawang Shipyard wins tanker conversion contract
Sembawang Shipyard, in cooperation with Scorpa Pranedya, has won a $300m floating storage offloading (FSO) tanker conversion contract from Exxon Mobil subsidiary Mobil Cepu.
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31 October 2011
NAPA to provide energy efficiency solution to STX vessels
STX Offshore and Shipbuilding has signed an agreement with NAPA, a software developer, for ship design and operations to develop models for environment efficient STX vessels.
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31 October 2011
HHI’s Q3 profit drops
Hyundai Heavy Industries (HHI) has reported a 29.97% drop in profit to KRW432.8bn ($387.5m) during the Q3 of 2011 compared to KRW 618bn ($553m) it reported during Q3 in 2010.
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31 October 2011
Hutchison to operate Ajman Port in UAE
Hutchison Port Holdings (HPH) has signed an agreement with Ajman Port Authority of United Arab Emirates (UAE) to develop and operate the Ajman Port for ten years.
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31 October 2011
OSX Brasil secures loan for FPSO OSX-2
Brazilian shipbuilder OSX Brasil has received a $850m loan to finance the construction and installation of the floating production, storage and offloading vessel (FPSO) OSX-2.
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30 October 2011
Cargotec to supply port equipment to Venezuelan ports
Cargotec has won an order from Bolivariana de Puertos of Venezuela to supply 54 Kalmar port equipment for an undisclosed sum.