Marine Log - November 2007 - (Page 14) Update Samsung to build Another M-FLEX FLEX LNG LTD. says it has ordered a third “M-FLEX” 90,000 m3 SPB LNG vessel from Korea’s Samsung Heavy Industries (SHI). It is of an identical design to the two ordered in March 2007, and is scheduled to be on station, producing LNG in the fourth quarter of 2011. FLEX LNG was incorporated in 2006 with the objective of commercializing the world's first floating liquefaction units (LNG Producers). It says that by using the proven nitrogen expander liquefaction cycle, an LNG Producer can source gas from hundreds of potential offshore locations worldwide where natural gas today is either left stranded or is being flared. M-FLEX LNG ship’s robust independent cargo tank INLAND • COASTAL • OFFSHORE • DEEPSEA New ships for Costa, Cunard arnival Corporation’s Italian subsidiary, Costa Crociere, recently ordered two 3,780-passenger, 114,200-ton ships to be delivered in 2011 and 2012. The two new ships will increase Costa’s total capacity by 20% (based on double occupancy), confirming the Italian cruise line’s position as market leader in Europe. The two new orders bring Costa’s fleet expansion program, which began in 2000, to a total value of EURO 5.5 billion and the total number of vessels introduced between 2000 and 2012 to 13. By 2012, C when the last of the new Queen Elizabeth would orders is completed, the have a passenger capaciCosta fleet will be 17 ty of 2,092 and enter with a total passenger service in the autumn of capacity of 36,700 based 2010. on double occupancy. The two new ships Just days earlier, Car- will be sister ships to the nival’s Cunard Line unit Costa Concordia, Costa placed an order for a Serena and Costa Pacifinew Queen Elizabeth, a ca, the latter of which is 92,000-ton ship at Fin- currently being built at cantieri. While the Fincantieri’s Sestri Cunarder will be built at Ponente shipyard. The the Italian shipbuilder’s new ships will each be Monfalcone yard at an able to accommodate all-in cost of about $700 3,780 passengers in total million, the two Costa (including all upper ships will be built at the berths) or 3,012 guests Marghera yard at a cost based on double occuof about EURO 510 pancy. million (about FOLLOW YOUR MOUSE $720 milto the latest breaking news lion) each. at www.marinelog.com The new 14 MARINE LOG NOVEMBER 2007 www.marinelog.com http://www.marinelog.com http://www.coastalmarineequipment.com http://www.giroeng.com http://www.coastalmarineequipment.com http://www.giroeng.com http://www.marinelog.com
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