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Offshore
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Sembcorp lands VL conversion
[Offshore]
Sembcorp Marine has secured its second VLCC conversion deal in a month. Singapore-listed SembCorp’s Sembawang Shipyard will complete the contract for ExxonMobil unit, Mobil Cepu, a statement says. The yard will collect $300m for the enginee...
2011-10-31 07:04:04
Evergreen loss shock
[Shipping]
Evergreen Marine is the latest container line to record a loss in the third quarter. Taipei-listed Evergreen’s red ink will come as a shock to the market despite the present difficulties in the container shipping sector. It lost TWD 1.12bn (...
2011-10-31 07:01:33
CSCL inks 10,000TEU's
[Shipbuilding]
China Shipping Container Lines orders 10,000TEU boxship newbuildings at state-owned shipyards. Hong Kong-listed CSCL has booked eight firm 10,000TEU ships at two yards in its homeland with options for four more. In a statement to investors CSC...
2011-10-31 06:58:11
ODC repair & offshore hub
[Offshore]
Oman Drydock Company revealed that it was putting its all efforts to expand repair/conversion and offshore plant market for the Middle East and Southwest Asia, including India and planned to extend into newbuilding business when industrial infrastruc...
2011-10-31 06:39:42
China new order in decrease
[Shipbuilding]
Chinese shipbuilders are facing decreases in new order and orderbook due to global economic crisis and troubled shipping market, despite steady growth up to the third quarter. According to China Association of National Shipbuilding Industry (CANS...
2011-10-31 06:34:53
Sungdong accelerates normalization
[Shipbuilding]
South Korea's Sungdong Shipbuilding & Marine Engineering held naming and delivery ceremonies for the past three consecutive days. On October 25, it christened and delivered the 180,000-dwt bulker MARVELLOUS for Hong Kong's Teh-Hu. The next day ...
2011-10-28 15:37:09
Hyundai Mipo wins 52K tankers
[Shipbuilding]
Hyundai Mipo Dockyard is said to have landed an order for tanker newbuildings. Brokers claim Uniseas Shipping of Greece has inked four firm 52,000-dwt tankers at the South Korean shipyard with delivery set for 2013. The order is said to includ...
2011-10-28 08:45:40
SPP inks 12 MR PCs
[Shipbuilding]
SPP Shipbuilding has reportedly won an order for up to 12 MR tankers. Mexican oil company Pemex is said to have splashed out more than $400m on the newbuildings. Industry players say the state-owned oil company has booked up to 12 medium-range...
2011-10-28 08:41:31
Nobu Su's innovative LNG-FPSO
[Offshore]
Taiwanese shipowner Nobu Su plans to offer a fleet of floating liquefaction (FLNG) units (LNG-FPSOs) to the market by converting Today Makes Tomorrow’s fleet of eight Very Large Oil/Ore Bulk Carriers (VLOOs), using a new design that aims for ‘zer...
2011-10-28 08:35:01
Knutsen NYK fixes shuttle pair
[Shipping]
Knutsen NYK Offshore Tankers has chartered a brace of shuttle tanker newbuildings to Italian oil and gas giant ENI. Japan’s NYK, which owns a 50% stake in the company, confirmed the 10-year deals for the two 123,000-dwt Suezmax tankers under co...
2011-10-28 07:58:49
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