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JUNE 5, 2013 — A DP3 drillship on order at the Jinhae, South Korea, shipyard of STX Offshore & Shipbuilding is to carry DNV's "Enhanced Reliability" and DYNPOS AUTRO notations. ABB has secured a contract covering electrical power and propulsion systems onboard the BT-UTS design drillship, which has been ordered by ...

JUNE 5, 2013 — According to an updated list of Title XI ship financing guarantee applications posted on the MARAD website, TOTE Shipholdings, Inc. has applied for a guarantee for $320 million in relation for the two LNG fueled containerships that it ordered from NASSCO last December ( ...

JUNE 4, 2013 — "These contract awards represent great value to the taxpayer and will ensure our warfighters have the ships and systems they need to prevail in any situation," said Secretary of the Navy Ray Mabus, commenting on the Navy's just announced multi-year procurement awards for nine DDG 51 destroyers ( ...

JUNE 4, 2013 — Moody's Investors Service assigned a first time corporate family rating (CFR) of B1 to HGIM Corp (Harvey), and a B1 rating to the company's proposed credit facility consisting of $250 million revolver and $750 million Term Loan B. Proceeds from the financing transaction will be used to refinance $534 milli ...

JUNE 4, 2013 — Classification society Germanischer Lloyd (GL) has developed a containership design concept for Intra-Asian trade routes: the C-Dragon. C-Dragon measures 211.9 meters in length between perpendiculars and 37.3 meters in width with a loading capacity of 3,736 TEU. It targets actual Intra-Asian o ...

JUNE 4, 2013 — GE's Power Conversion business (NYSE: GE) has been awarded a contract by the Eastern Shipbuilding Group in Panama City, Fla., to supply integrated diesel-electric power, propulsion and vessel control systems for two multipurpose supply vessels (MPSVs) with installed horsepower of 12,070 BHP (9,000 kW) on order for Horn ...

JUNE 4, 2013 — Recently launched by German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) for St. John's, Newfoundland headquartered Oceanex, Inc., the 210 m Oceanex Connaigra will be the largest Canadian flag Con/Ro ship on its delivery later this year. The ship has been designed to set new standards for innovation, flex ...

JUNE 4, 2013 — Keppel Offshore & Marine Ltd through its subsidiaries Caspian Rigbuilders BV (an affiliated company of Keppel FELS) and Caspian Shipyard Company (CSC), has secured a contract from Caspian Drilling Company Ltd, a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR), to build a semisubmersible drilling ...

JUNE 4, 2013 — Rolls-Royce Plc has signed a memorandum of understanding with Spanish shipping company Baleària, to design gas-powered propulsion systems for three of the company's high-speed ferries, which currently run on diesel. They are the the monohull HSC Ramon Llull, delivered by Italian shipbuilder Rodriquez C ...

JUNE 4, 2013 — The Navy yesterday awarded contracts for the construction of nine, (potentially ten) DDG 51 class ships over the FY 2013-2017 period. Huntington-Ingalls Industries' Ingalls Shipbuilding was awarded five ships, one in each year, General Dynamics Bath Iron Works was awarded four ships, one in FY 2013 and one each year in 2015-2017. ...