Chevron LNG sales with Tokyo Electric [Offshore]
Chevron Corporation announced that its Australian subsidiaries have signed binding Sales and Purchase Agreements (SPAs) with Tokyo Electric Power Company (TEPCO) for the delivery of liquefied natural gas (LNG) from the Chevron-operated Wheatstone nat...
2011-07-28 07:21:47
SWS-TTS sign drill equipment [Equipment]
TTS Group ASA' subsidiary TTS Energy AS has signed a contract with SWS, Shanghai Waigaoqiao Shipbuilding in China for two Drilling Equipment Packages. The contract has a value of over USD 90 million. The Drilling Equipment Packages will be in...
2011-07-28 07:18:20
Mitsui wins "Eco-ship" order [Equipment]
Mitsui Engineering & Shipbuilding Co., Ltd. (with president Mr. Yasuhiko Katoh) has agreed with a first class shipowner in Japan to build 2 units of "neo Supramax 66BC", 66,000 dwt bulk carriers of next generation newly developed as low fuel consumpt...
2011-07-28 07:12:15
COSCO eyes more jack-up rigs [Offshore]
COSCO Shipyard is likely to win more market share in the jack-up rig newbuilding market as Keppel FELS, the rig building arm of Singapore-listed Keppel Corp, struggles to find slots for 2013 and early 2014 delivery. Keppel’s Singapore-listed riv...
2011-07-28 07:05:17
CMA CGM returns to order [Shipping]
CMA CGM is reportedly preparing to resume new ship ordering activity. Chairman and chief executive Jacques Saadé signals a new phase of expansion and expects the world’s third-largest container line to remain in the black in 2011 despite ...
2011-07-28 06:58:19
Major-Minor gap widens [Shipbuilding]
Worldwide newbuilding orders during the first half of this year dropped by 42% from the same period last year. However, new orders for South Korean shipbuilders have skyrocketed in the period, with large shipyards taking over 50% of market share. Tha...
2011-07-28 06:42:28
Daewoo Union welcomes public disposal [Finance]
Labor union of Daewoo Shipbuilding & Marine Engineering (DSME) welcomes some politicians' claims of stake disposal by sale to the general public. The union (leader, Sung Man-Ho) officially agrees with the idea that DSME sould be sold to the public...
2011-07-27 16:18:23
Onomichi inks 16 bulkers [Shipbuilding]
Japan's Onomichi Dockyard won 16 handysize bulkers in 2010. Group's Saiki Heavy Industries and Onomichi put together, have reached total orderbook of over 50 ships which secure them work till the end of 2014. Onomichi holds 11 50,000 DWT product ...
2011-07-27 11:16:10
Japanese seek non-bulker [Shipbuilding]
Japanese shipyards knuckle down to examining expanding into new product line. Japan has focused on bulker and tanker market, which are now depressed in newbuilding demand. Offshore support vessel, gas carrier, boxship, etc are the main area a...
2011-07-27 10:24:33
China H1 orders fall 9% [Shipbuilding]
Chinese shipbuilders won new ship orders totaling 21.6m dwt in the first half of the year, down 9% on the same period of last year. The China Association of the National Shipbuilding Industry said around half of the 1,523 ship-related companies wi...
2011-07-27 08:13:37
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