Zhongchuan Huangpu wins 76K BCs [Shipping]
Guangzhou Zhongchuan Huangpu Shipyard has won an order for four 76,000-dwt bulkers. Newbuilding price is said to be around $31m per ship. China Merchants Bank booked the 76K vessels against the background of low ship price. Meanwhile, back ...
2011-08-12 08:27:55
Aker bags subsea order [Offshore]
Norway's Aker Solutions has won a contract to supply a subsea production system for Murphy Oil’s Kikeh expansion project off Malaysia. The scope of work includes the delivery of subsea trees, control modules distribution system and manifolds th...
2011-08-12 08:17:01
Maersk LNG shortlists buyers [Offshore]
AP Moller-Maersk is narrowing down the list of bidders for its eight-strong LNG-carrier fleet. Final priced bids for the eight-ship Maersk LNG fleet are understood to be due in by the end of this month. This follows a deadline on initial pric...
2011-08-12 08:13:25
Qingshan books 1,800TEU's [Shipping]
China's Sinotrans has booked a pair of 1,800-teu boxships that will enter the fleet of its coastal-feeder subsidiary, Sunny Express. The Hong Kong-listed shipowner is paying its sister company Qingshan Shipyard $49.4m for the two ships, which wil...
2011-08-12 08:06:51
Beihai inks 82K BC pair [Shipbuilding]
Formosa Plastics Marine Corp (FPMC) has returned to the newbuilding scene after a four-year break. The shipping arm of industrial conglomerate Formosa Plastics Group has ordered two 82,000-dwt bulker newbuildings from state-owned Qingdao Beihai S...
2011-08-12 08:02:27
HMD pens 52K PC [Shipbuilding]
Samos Steamship of Greece signs up for a 52,000-dwt products tanker at South Korea's Hyundai Mipo Dockyard. Delivery is reportedly for 2012 but other sources put the delivery date as March 2013. The order is Samos’s first with a Korean shipb...
2011-08-12 07:58:53
Siemens to equip PSV duo [Equipment]
Siemens Industry, Inc. announced Thursday it has been awarded a multi-million dollar contract to equip two platform supply vessels (PSVs) with its unique diesel electric propulsion solution at Fincantieri Marine Group's Bay Shipbuilding Company in St...
2011-08-12 07:43:36
SBM wins Brazil FPSO deal [Offshore]
SBM Offshore secures an intentional FPSO lease deal from a Petrobras-led consortium for the Guara Norte field in Brazil’s pre-salt play. The floating production, storage and offloading unit will be deployed for a 20-year period at the field, lo...
2011-08-12 07:38:32
Namura cuts forecast for fiscal 2011 [Finance]
Namura Shipbuilding’s net income plummeted by 90% to ¥157m ($2m) in the first quarter of its financial year down from ¥1.7bn recorded in the same period a year earlier. Revenues edged up 1.4% to ¥30.8bn from ¥31.2bn. Namura ha...
2011-08-12 07:35:51
Ship finance selective on ship types [Finance]
Ship finance in China is increasingly dependent on what type of ship is being built. The Singapore-listed shipbuilder Yangzijiang Shipbuilding became the first Chinese yard to secure orders for the new generation of large container vessels earlier...
2011-08-12 07:33:08
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