Floatel International delists [Finance]
Swedish offshore accommodation specialist Floatel International is getting ready to delist from Oslo. A securities filing in Norway says the ticker, which floated less than a year ago, will be stripped from the board on 12 September if all goes a...
2011-09-09 06:55:53
STX wins well-intervention ships [Offshore]
STX Finland has won an order for two new well-intervention vessels from Norway’s Eide Marine Services for more than EUR 300m ($420m). The “technically advanced” 31,000-dwt ships, 122m in length and 45m in breadth, are designed to operate in...
2011-09-09 06:52:04
New VLCC value cut 10%? [Finance]
VLCC newbuilding prices could fall by up to 10%, top brokers warn. Rumours of a huge order backed by Beijing and a string of second-hand sales at reduced prices will drag the price down from the presently quoted levels. Clarksons presently va...
2011-09-09 06:48:56
New steels for offshore plants [Equipment]
As high-value ships, such as LNG carrier, drillship, etc., seem to lead shipbuilding market in the second half this year, steel industry quickly adjusts into this recent circumstance. Due to a sudden rise in offshore plant's new order, which woul...
2011-09-08 14:19:18
Hyundai Samho big holiday gift [General]
Hyundai Samho Heavy Industries received 14,400 bottles of wine from foreign client before South Korea's Thanks Giving Day. Hyundai Samho said that German shipowner, Peter Doehle gave Hyundai Samho bottles of wine as a token of appreciation to Hyun...
2011-09-08 11:39:59
NS United order single decker [Shipping]
Japan's NS United Kaiun Kaisha decided to place newbuilding order for 2+2 13,000-dwt single decker coastal cargo vesselx at Chinese shipyard. The yard is Shandong-based Huanghai Shipbuilding and firmed ships are to be delivered by H1 2013 and additio...
2011-09-08 10:45:02
Entering offshore plant service [General]
Korea Maritime Institute's manager Kim Hak-So emphasized, "For South Korea to top the offshore plant industry, offshore plant service industry must also be enetered." Offshore plant service industry covers after procedure of offshore plant buildin...
2011-09-08 10:15:35
Shell makes LNG marine fuel [Shipping]
Shell reveals plans to make Liquefied Natural Gas (LNG) available as a transportation fuel in a number of key markets. It is actively developing new business opportunities with Original Equipment Manufacturers (OEMs) to substitute LNG for diesel ...
2011-09-08 07:25:45
DNV classes advanced seismic vessel [Offshore]
The new, fifth generation Ramform series seismic vessels of PGS is built at Mitsubishi Heavy Industries in Japan. The order for two seismic vessels plus two options which was signed in Oslo earlier this year. When completed in 2013 these vess...
2011-09-08 07:21:45
Sinopacific delivers 1st PX105 [Offshore]
Bourbon Front, the first of four platform supply vessels of the PX105 design from ULSTEIN built at Sinopacific Shipbuilding Group's Zhejiang Shipbuilding, was delivered to Bourbon Offshore Norway at 6 September 2011. The vessel features an overall...
2011-09-08 07:18:32
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