Keppel secures jack-up rigs [Offshore]
Singapore's Keppel FELS Limited has secured contracts worth about US$393 million from returning customer Gulf Drilling International Ltd. of Qatar. They cover the construction of two high-specification KFELS B Class Bigfoot jack-up rigs. These la...
2011-05-12 06:31:36
S&M transferring to other businesses [Equipment]
In order for the shipbuilding industry in South Jeolla Province, South Korea, to get out of the stagnant market, transferring to other business types and improving relevant infrastructures are urgently needed, experts said. Based on the analysis,...
2011-05-12 06:10:28
China to step up shipbuilding [Shipbuilding]
China's shipbuilding industry is large but not strong, and independent innovation and establishing an integrated industrial chain are top priorities, an official told. "Although China overtook South Korea and Japan to become the world's largest s...
2011-05-12 05:13:35
Sinopacific starts building new PSV series [Offshore]
China's Sinopacific Shipbuilding reports that its Zhejiang Shipyard started work May 9 on the manufacture of the first in a series of SPP17 PSV offshore support vessels for Paris-headquartered Bourbon Company. The platform supply vessel is the e...
2011-05-12 05:04:03
Sungdong scores nine-ship orders [Shipbuilding]
South Korea's Sungdong Shipbuilding & Marine Engineering said today that it has recently won new orders for five post-panamax containerships and four kamsarmax bulkers from European shipowners, worth around $625m in total. The 8,800-teu boxships w...
2011-05-11 15:04:45
Qingdao Hyundai normalization on track [Shipbuilding]
Hyundai Corporation's Qingdao Hyundai Shipbuilding, taken over by Hyundai Heavy Industries in 2009, is making all-out efforts to normalize the company by decreasing its losses, receiving full support of the Hyundai Heavy Industry. At the time of t...
2011-05-11 12:55:48
China beefs up offshore biz [Offshore]
Within five years, demand for drilling facilities are forecast to increase by an average of 10% annually, reaching $30bn. According to analysis by Shenyin & Wanguo Securities, China pushes ahead with expanding into the offshore sector and inves...
2011-05-11 12:45:49
Chinese holding 190m DWT backlog [Shipbuilding]
Chinese shipbuilders completed 14.46 million dead weight tons of shipbuilding orders in the first quarter of this year, remaining almost unchanged to the same quarter of 2010, according to statistics released by China Association of National Shipbuil...
2011-05-11 08:23:25
Holidays slow down new orders [General]
With Golden Week and National Holidays in both Japan and South Korea last and this week, newbuilding orders have taken a step back, though South Korea's Samsung, Daewoo and Sungdong are reporting new orders for FPSO, containerships and drillship duri...
2011-05-11 08:15:23
China backs private yards [General]
Privately-owned Chinese shipyards are not under threat from closure, and, just like state-owned facilities, are receiving support from the country’s government to keep employment high and the economy moving. In contrast to the widely held view i...
2011-05-11 08:07:58
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