Prosafe orders harsh environment semi-submersible accommodation rig

Prosafe has entered into a turnkey contract for the construction of a semi-submersible accommodation rig at Jurong Shipyard Pte Ltd. in Singapore. The new unit will be the most advanced and efficient harsh environment accommodation rig in the world and will be...

Posted on 12/18/2011 / 0 comments / Read More

North Korea’s Kim Jong Il Dies

Kim Jong Il, the second-generation North Korean dictator who defied global condemnation to build nuclear weapons while his people starved, has died, state media reported. A government statement called on North Koreans to “loyally follow” his son, Kim Jong Un.Kim,...

Posted on 12/18/2011 / 0 comments / Read More

Kolskaya rig sinking death toll rises to 16

Rescuers have found 16 bodies in the Sea of Okhotsk, where a Russian floating oil rig with 67 people on board capsized and sank in heavy storm 200 kilometers off Sakhalin on Sunday.Four vessels, two helicopters and an An-74 plane are involved in the search-and-rescue...

Posted on 12/18/2011 / 0 comments / Read More

South Korea: Samjin Secures Order for 6 Handysize ECO-type Bulk Vessels

Earlier this month Bohandymar Limited – a 100% subsidiary of CMB – ordered 6 Handysize ECO-type bulk vessels (36.000 dwt) from Samjin Shipbuilding Industries Korea (Samjin) on very competitive conditions. The order includes two options each for two additional...

Posted on 12/18/2011 / 0 comments / Read More

Dockwise to manage and market new COOEC 50000 tonnes Semi Submersible Heavy Lift Vessel

BREDA, THE NETHERLANDS, Dec 01, 2011 (MARKETWIRE via COMTEX) -- Dockwise Ltd today announces it has reached agreement with Offshore Oil Engineering Co. Ltd. (COOEC) to act as manager of COOEC's new build type 1 marine transportation vessel for all third party...

Posted on 12/18/2011 / 0 comments / Read More

Four dead, 49 missing as Russian oil rig sinks

Rescuers have saved 14 of the 67 people who were on board a floating oil rig which capsized in the Sea of Okhotsk in Russia’s Far East, according to latest reports. Four more have been found dead. The Kolskaya rig was being towed by an icebreaker...

Posted on 12/18/2011 / 0 comments / Read More

Russia starts construction of two mega shipyards in the Far East

Russia has commenced the construction of two ultra-modern shipyards, Vostok-Raffles and Zvezda-DSME in the country’s Far East, the Russian government press office said.[Read More]Source: Port N...

Posted on 11/11/2011 / 1 comments / Read More

Naming Ceremony for Deepsea Metro II

Thursday 10th of November 2011 Deepsea Metro II naming ceremony was officially held in Ulsan at the Hyundai Heavy Industries yard. This is the fourth successful ultra deep water vessel delivery for Odfjell Drilling, with regards to project planning, delivery and...

Posted on 11/11/2011 / 0 comments / Read More

Dockwise sells yacht transport company

BREDA, Netherlands – Dockwise Ltd., owner of Dockwise Yacht Transport, announced today that it has signed a letter of intent to sell the wholly-owned subsidiary to Coby Enterprises Corp. The transaction will be a cash deal and the figures will be announced following...

Posted on 11/07/2011 / 1 comments / Read More

New orders for Chinese shipbuilders sink

BEIJING, Nov. 1 (Xinhua) -- The Chinese shipbuilding industry suffered drastic declines in new orders in September this year, as the growth of the global ocean shipping market almost stalled amid economic slowdown, China's top economic planner said Tuesday. New...

Posted on 11/07/2011 / 0 comments / Read More

Fred. Olsen Energy ASA: Extension of Option for a Second Newbuild Drillship

Reference is made to notice to Oslo Stock Exchange dated 15th April 2011 regarding an option for a second newbuild drillship. A wholly owned subsidiary of Fred. Olsen Energy ASA and Hyundai Heavy Industries Co. Ltd. have agreed on an extension of the time limit for declaring this ...

Posted on 10/17/2011 / 0 comments / Read More

Daewoo Shipbuilding says wins $1.95 billion orders

Daewoo Shipbuilding & Marine Engineering said on Monday that it had secured a combined $1.95 billion worth of deals. The South Korean shipbuilder said in a statement that it had signed a $1.4 billion deal to construct an offshore natural gas platform in Australia...

Posted on 10/17/2011 / 0 comments / Read More

Atwood Oceanics Announces Contract for the Atwood Condor

ATWOOD OCEANICS, INC., announced that one of its subsidiaries has been awarded a drilling services contract by Hess Corporation for work in the Gulf of Mexico for the Atwood Condor, Atwood's ultra-deepwater, dynamically positioned Friede & Goldman...

Posted on 10/17/2011 / 0 comments / Read More