Samsung dumps Brazil yard stake

South Korean shipping giant Samsung is said to have sold its 6% stake to exit Brazil's EAS shipyard, which has struggled to meet orders on schedule as the government tries to attract foreign know-how to the industry, O Estado de S. Paulo newspaper said on Friday. [Read More]

Source: Upstream

Posted on 3/18/2012 / 0 comments / Read More

COOEC Takes Delivery of HYSY 278 Heavy-Lift Vessel

China’s shipbuilder, China Merchants Yard, has delivered a new semi-submersible heavy lift vessel to COOEC.

The new, 222 meters long vessel, will be operated by a Dutch heavy-lift specialist, Dockwise, as per the agreement signed between the parties in December 2011. [Read More]

Source: Offshroe Energy Today

Posted on 3/18/2012 / 0 comments / Read More

OSX eyes gigantic offshore demand

Brazilian billionaire Eike Batista, whose EBX energy empire is building the world’s largest shipyard near Rio de Janeiro, has spoken of Brazil’s “gigantic pent-up demand” for offshore vessels over the next 10 years.  [Read More]


Source: Asiasis

Posted on 3/18/2012 / 0 comments / Read More

Samsung wins 3rd drillship

After delaying a decision multiple times, Pacific Drilling said it would exercise an option with Samsung Heavy Industries for the construction of a seventh ultra-deepwater drillship.  [Read More]


Source: Asiasis

Posted on 3/18/2012 / 0 comments / Read More

Sembcorp Marine bags Helix rig contract

Sembcorp Marine’s Jurong Shipyard 

Singapore: Sembcorp Marine’s Jurong Shipyard has inked an order for a $385.5m a semi-submersible well intervention rig for Helix Energy Solutions. [Read More]



Source: Seatrade Asia

Posted on 3/18/2012 / 0 comments / Read More