Pax. scrapping surges [General]
Some 66 panamaxes have been demolished in the first eleven months of 2011, according to data from Clarksons. The figure is higher than scrapping in the previous four years, but the panamax fleet has grown by 14% in the past twelve months to 2,012...
2011-12-16 08:20:50
EOC wins FPSO design [Equipment]
Emas Offshore Construction (EOC) is to carry out an engineering study for a floating production storage and offloading unit that could also potentially lead to a charter deal. The Oslo-listed company will carry out the job for the owners of the P...
2011-12-16 08:16:45
DSIC delays rig options [Offshore]
Prospector Offshore Drilling has extended deadlines for two of its three options for jack-up rigs at China's Dalian Shipbuilding Industry Offshore. Both options were due to expire on 31 December but the Chinese yard has agreed to postpone the dat...
2011-12-16 08:12:39
Coal demand boost helps dry sector [Shipping]
RS Platou Markets identifies good news for bulker owners again. Days after suggesting rising Chinese iron ore shipments can help soak up a large slice of the capesize orderbook, analysts at the Norwegian finance house have spotted further hope in...
2011-12-16 08:09:30
Maersk orders newbuilds in Chile [Offshore]
Maersk Supply Service has signed a contract with Chilean shipyard Asenav for two innovative new offshore vessels with an option for - up to - four additional vessels. The project value for the two vessels is close to USD 200 million. The vessels w...
2011-12-16 08:05:50
Zvezda begins Ice-Breaker construction [General]
Zvezda shipyard in Russia’s Far East has commenced the construction of an ice-breaker tanker for the Russia’s leading extraction and refinement company Rosneft. The ice-breaker tanker accounts for the first in a new series of “enhanced ice-c...
2011-12-16 08:03:54
Grandweld wins offshore boats [Offshore]
Saudi Arabia's Zamil Offshore has placed an order with Grandweld Shipyards of the UAE for the building of three fast aluminium crew boats, for the account of Zamil’s Offshore, Engineering and Construction Division with open option of constructing t...
2011-12-16 08:01:42
Statoil tender for LWI vessels [Equipment]
Statoil is receiving bids this month in a tender for at least two light well intervention vessels on long-term contracts. The Norwegian giant said in a statement on Thursday that the new vessels were intended to replace its current fleet of three...
2011-12-16 07:59:01
2012 outlook 'worrisome' [Shipbuilding]
South Korea's troubled shipbuilding market is expected to last for a while, with its clouded 2012 outlook for Korean domestic shipbuilders. According to Korea Development Bank (KDB) Research Institute's recently reported '2012 outlook for Korean m...
2011-12-16 07:37:41
HMD delivers all-time high 89 [Shipbuilding]
Hyundai Mipo Dockyard made a record-high delivery of 89 newbuildings in 2011 since its establishment in 1975. After a naming ceremony for 37,000-dwt bulker from Daiichi Chuo Kisen of Japan on 9 December, the South Korean yard recorded the largest ...
2011-12-16 07:33:46
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