CSSC Shanghai inks 2+2 drillships [Offshore]
China State Shipbuilding Corporation (CSSC) group and Reignwood group of China signed a newbuilding contract for 2+2 drillships on September 21st. CSSC-affiliated Shanghai Shipyard is in charge of engineering, procurement and construction of the d...
2011-09-23 14:23:31
Samkang builds offshore parts [Equipment]
South Korea's mega-block manufacturer Samkang M&T booked a new order for a stern and side cell of offshore platform carrier. Hyundai Heavy Industries booked the newbuilding offshore platform carrier from Dockwise, an oil and gas service provider, ...
2011-09-23 14:04:25
Neptun bags river-cruise [Offshore]
Germany’s Neptun Werft has won an order for two river-cruise passenger ships from Torstein Hagen’s Viking River Cruises. It takes to eight the total of 190-passenger vessels booked by the owner at the Rostock-based yard. The sisters are kn...
2011-09-23 10:40:05
Sungdong eyes suezmax resale [General]
South Korea’s Sungdong Shipbuilding & Marine Engineering is reportedly seeking a resale of two suezmax tanker newbuildings. The 158,000-dwt Hull Nos 2032 and 2033 were part of a four-vessel series ordered by Greece’s Tsakos Group in 2009 for d...
2011-09-23 10:33:15
Tanker orders freefall [Equipment]
Tanker newbuilding ordering activity has plummeted this year with Clarkson Research Services (CRS) data showing just $2.1bn was invested in ordering tankers during the first eight months of this year. On an annualised basis, says the broking hous...
2011-09-23 10:21:16
Fincantieri pens luxury cruise [Shipbuilding]
Italy's Fincantieri has won an approximately EUR 100m ($137m) cruiseship order from Compagnie du Ponant, part of French containership giant CMA CGM. The 264-passenger vessel is a sister to the Marseilles-based company’s Le Boreal and L’Austral...
2011-09-23 09:51:52
15 FPSO orders for 2011 [Offshore]
Orders for Floating Production Storage & Offloading facilities are likely to remain high this year. Operators will proceed with the development of larger fields even in a recession, according to ODS Petrodata. Analyst Kelvin Sam is predicting ...
2011-09-23 08:26:12
LNG boom until 2014 [Shipping]
RS Platou Markets has tipped the LNG rate party to keep going for at least another three years despite continued investment in newbuildings. In a note to clients RS Platou Markets said: “The market has gone from an unfavourable situation with h...
2011-09-23 08:23:20
Russia invest $4.4bn in shipbuilding [Finance]
State support of the Russian shipbuilding industry during the period of 2012-2014 may total about 140 billion rubles ($4.4bn), the Ministry of Economic Development said. According to the 2012-2014 forecast of social and economic development of th...
2011-09-23 08:19:03
TUI to ink 1st cruiseships [Shipbuilding]
German owner TUI Cruises is in talks with yards over two new vessels and is set to announce an order for two cruiseships next week. Industry sources cited by German media suggest the company, part of leisure group TUI, is mulling over prices and c...
2011-09-23 08:15:20
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