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...

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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...

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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: Asia...

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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: Asia...

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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 A...

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