China's Guangzhou Shipyard International has inked a letter of intent (LOI) with Dutch firm Fairstar Heavy Transport to build a 50,000-dwt semi-submersible heavylift carrier.
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Source: Asia...
Posted on 5/31/2011 / 0
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May 31, 2011
Hyundai wins $1.1 bln drillship order from Rowan
Hyundai Heavy Industries , the world's largest shipbuilder, has won an $1.1 billion order to build two drillships for drilling contractor Rowan Companies Inc , Hyundai said on Wednesday.
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Source: Reut...
Posted on 5/31/2011 / 0
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Combi Lift handles anchor handling tug supply vessels
Two anchor handling tug supply (AHTS) vessels are currently being discharged in Lagos, Nigeria from Combi Lift's multipurpose vessel, Combi Lift IV, having been safely transported from Singapore.
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Source: Heavy L...
Posted on 5/31/2011 / 0
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Aker Solutions wins drilling equipment contracts
Aker Solutions has won two contracts to supply complete drilling equipment packages for two new deepwater drilling units that are being built by Cosco, the Chinese shipbuilding company.The combined value of the contracts is about $195 million, and includes options...
Posted on 5/31/2011 / 0
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Aker Solutions to supply three subsea production control umbilicals for Chevron
Aker Solutions has been selected to supply three subsea production control umbilicals for the Chevron operated Jack & St. Malo field developments in the Gulf of Mexico. Contract value is undisclosed.
The production control umbilicals will provide hydraulic, electrical and fiber optic service to...
Posted on 5/31/2011 / 0
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Cosco Kang Sheng Kou takes Jack-up rig to Alaska
The Cosco Kang Sheng Kou arrived on May 27, on the way to Alaska, and left on May 29 after spending the weekend in the Prince Rupert Harbour. According to Michael Gurney, the manager of corporate communications with the Prince Rupert Port Authority, the vessel...
Posted on 5/31/2011 / 0
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McDermott Wins Pipeline Installation Project in Gulf of Mexico
McDermott International, Inc. (NYSE:MDR) ("McDermott"), announced today that one of its subsidiaries was awarded a contract by PEMEX Exploración y Producción for procurement, construction and installation of three oil and gas pipelines ranging from 8 to 20 inches...
Posted on 5/31/2011 / 1
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Qatar signs deal for two major ports in Egypt
Qatar said on Sunday that it had signed an agreement with Egypt to establish two new ports with the potential to create more than a million jobs.
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Source: Arabian Busin...
Posted on 5/31/2011 / 0
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Ensco plc Completes Acquisition of Pride International
Ensco plc (NYSE: ESV) announced the completion of its acquisition of Pride International, Inc. (NYSE: PDE) after both companies received overwhelming shareholder approvals at special meetings held earlier today. The combination establishes Ensco...
Posted on 5/31/2011 / 0
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Seadrill secures new jack-up contract in Thailand
Seadrill has been awarded a new contract by PTTEP in Thailand for the jack-up rig West Leda. The assignment is for a firm period of nine months and with an option to extend for a further six months. The contract value for the firm period is approximately US$35...
Posted on 5/31/2011 / 0
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All SM Korean shipbuilders feared to fall extinct
Just following the shipping crisis which started in the second half of 2008, the shipbuilding crisis has already lasted over two and half years, reaching the stage that all traditional
small and medium-sized (SM) Korean shipbuilders who have played an important part of Korean shipbuilding industries...
Posted on 5/31/2011 / 0
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SeaBird Works on Plan for Second OBN Vessel
SeaBird Exploration PLC ("SeaBird" or "SBX") has over the last few months worked with a Norwegian shipyard to develop and plan the construction of a second vessel in addition to the Hugin Explorer for deploying, retrieving and servicing Ocean Bottom Nodes (OBN).
Through...
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May 30, 2011
More Chinese shipbuilders to see losses this year
More shipbuilders in China may see losses this year, because of rising labor and raw material costs and effect of the changes in foreign exchange rates, according to the latest report released by the China Association of the National Shipbuilding Industry.
[Read...
Posted on 5/30/2011 / 0
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Hyundai Heavy wins $600 mln LNG ship order from Greece
South Korea's Hyundai Heavy Industries Co Ltd said it won an order worth $600 million to build up to three LNG carriers for Greece's Dynagas Ltd.
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Source: Reut...
Posted on 5/30/2011 / 0
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Petrobras signs contracts for the chartering of six Panamax vessels
This week, Petrobras signed with Hidrovia South American Logistics S.A., in a ceremony held at the Company’s main office, in Rio de Janeiro, the six remaining contracts for the EBN2 Program (Brazilian Shipping Companies). The hiring is for the chartering of six...
Posted on 5/30/2011 / 0
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Rudder force detection for DP Operation launched
The result of an 18 month joint development project between Kongsberg Maritime and Becker Marine Systems has come to fruition, with the launch of KBIMS; a sophisticated new support tool designed to enable more efficient use of propellers and rudders during Dynamic Positioning (DP) operations. A first...
Posted on 5/30/2011 / 0
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FLEX LNG Starts FEED for FLNG Project in Papua New Guinea
FLEX LNG LTD (FLEX LNG) Announces Start of Field Specific Front-End Engineering and Design (FEED) for Floating Liquefaction (FLNG) Project in Papua New Guinea (PNG).
Samsung Heavy Industries will carry out the FEED work for the hull portion of the FLNG vessel,...
Posted on 5/30/2011 / 0
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Technip Samsung to start detailed design and construction of Shell’s FLNG facility
Shell Development (Australia) Pty Ltd (Shell) has given notice today to a Technip Samsung Consortium (TSC) to proceed with the construction of the first floating liquefied natural gas (FLNG) facility in the world. TSC will provide engineering, procurement, construction...
Posted on 5/30/2011 / 0
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Rolls-Royce Bidding for $2.5 Billion Petrobras Deal, FT Reports
Rolls-Royce Group Plc (RR/) is bidding on a $2.5 billion contract to build turbine engines for Petroleo Brasileiro SA (PETR4) as part of a plan to expand in Latin America, the Financial Times reported.
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Source: Bloombe...
Posted on 5/30/2011 / 0
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Aker Solutions wins drilling equipment contracts
Aker Solutions has won two contracts to supply complete drilling equipment packages for two new deepwater drilling units that are being built by Cosco, the Chinese shipbuilding company.The combined value of the contracts is about $195 million, and includes options...
Posted on 5/30/2011 / 0
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May 27, 2011
China on its way to become a shipbuilding superpower
Shanghai: If measured by the number of ships produced and the number of vessel orders received, China is the world’s leading shipbuilder. However, in order to become a real superpower in the shipbuilding industry China still needs some more time, so being said...
Posted on 5/27/2011 / 0
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Gazprom and E.ON discuss joint projects
Zurich (Switzerland) hosted today a working meeting of Alexey Miller, Chairman of the Gazprom Management Committee, Dr. Johannes Teyssen, Chairman of the E.ON AG Management Board and Klaus Schaefer, Chairman of the E.ON Ruhrgas AG Management Board.
The meeting...
Posted on 5/27/2011 / 0
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Statoil: First fast - track on track
The Visund South seabed template at Grenland Group’s yard in Tønsberg last week. (Photo: David Burke)
Statoil’s first fast-track –project – Visund South – is moving ahead as planned. The seabed template has commenced its journey out to the field located south...
Posted on 5/27/2011 / 0
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Hawkes Ocean Technologies Makes Underwater Airplanes
The deep sea, not space, is the latest frontier for achieving new records of exploration, and Hawkes Ocean Technologies (Hawkes) is leading the way with its series of winged submersibles that fly through the water, operating much like underwater aircraft. For...
Posted on 5/27/2011 / 0
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CB&I Awarded Engineering Contract for Golden Eagle Offshore Platforms
CB&I announced that it has been awarded a contract valued at approximately $150 million by Nexen Petroleum U.K. Limited for the detailed engineering of two fixed platforms for the Golden Eagle field in the U.K. sector of the North Sea.CB&I's scope...
Posted on 5/27/2011 / 0
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FUGRO: Geophysical & Geotechnical Contract Awards Mexico
FUGRO in conjunction with long-time associates, Constructora Subacuatica Diavaz, S.A. de C.V., has been awarded two large independent multi-site high resolution geophysical and geotechnical surveys by Mexico’s national oil company PEMEX.
Overall value of the...
Posted on 5/27/2011 / 0
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Ecore: Astep change in VLOC design
Together with FKAB, TGE Marine, Cargotec and MAN Diesel & Turbo, DNV has participated in a joint industry project to develop Ecore, a Very Large Ore Carrier concept designed to lower fuel costs and improve loading efficiency.
Based on existing technology,...
Posted on 5/27/2011 / 0
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Hyundai & Daewoo eye NOL orders
South Korea's Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering may win large containership orders from Singapore’s Neptune Orient Line (NOL).
The liner company is gearing up to spend more than $1.5bn on containership newbuildings comprising...
Posted on 5/27/2011 / 0
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Samsung to sign 4,700TEUs
South Korea's Samsung Heavy Industries is said to be finalizing an order for three 4,700-teu containerships with Hanjin Shipping.
Industry sources say Hanjin is paying around $60m per ship and will take delivery of them in late 2012 and early 2013.
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Source:...
Posted on 5/27/2011 / 0
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World's shipowners seek naval mandate to sink pirate motherships
SHIPOWNER associations' of the International Chamber of Shipping (ICS) and the International Shipping Federation (ISF) has urged navies to authorise a legal mandate to immobilise pirate motherships and provide up-to-date information on their location to shipping.
[Read...
Posted on 5/27/2011 / 0
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Cosco faces loss of $1bn rig contract from Sevan
Shipbuilder Cosco Corp could suffer from a $1.05bn loss of contract to build two oil rigs from its customer Sevan Marine, which is currently facing severe financial difficulties. The Norwegian oil services group Sevan Marine said on Thursday it had cancelled its...
Posted on 5/27/2011 / 0
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