Keppel inks DSCV & FPSO [Offshore]
SBM Offshore has placed an order for a new Diving Support & Construction Vessel (DSCV) at Singapore’s Keppel Singmarine. The ship is designed by Norway’s Marin Teknikk and is set for delivery in 2013. Neither party disclosed the value of t...
2011-04-13 07:15:35
Seadrill firms up COSCO rig option [Offshore]
Oslo and New York-listed rig owner Seadrill has exercised an option for an offshore rig newbuilding from COSCO Nantong Shipyard in China. Seadrill said the total cost of the T17 model vessel will be around $115m. Delivery is expected in the f...
2011-04-13 07:10:43
Six challenges facing Chinese [Shipbuilding]
China is doing its best to become world's shipbuilding powerhouse during the Chinese government's 12th five-year development plan from 2011 to 2015 after it succeeded in lifting itself to one of the world shipbuilding giants during the 11th five-year...
2011-04-13 06:33:08
Korean yards in NOR-SHIPPING 2011 [General]
Chief executive officers from several Korean shipyards will gather in Norway next month to present their strategic ship. Lee Jae-sung, president of Hyundai Heavy Industries, Roh In-sik, president of Samsung Heavy Industries, Nam Sang-tae, preside...
2011-04-13 06:29:42
Mid-yards stretching arms [Shipbuilding]
Korea's middle-standing shipyards are actively coming forward to hunt newbuilding orders following the large shipbuilders, which have recently shown rapid surges in new orders. According to industry sources, Sungdong Shipbuilding & Marine Engine...
2011-04-13 06:27:32
Hudong scores 87K BC pair [Shipbuilding]
China's Hudong-Zhonghua Shipbuilding has won an order for two 87,000-dwt bulk carriers from Singaporean shipping company Pacsari Pte Ltd. The newbuildings measure 229 meters in length, 36.8m in breadth and 19.9m in height. They are set for deli...
2011-04-12 12:57:30
Vyborg bags subcontract for PSV [Equipment]
Vyborg Shipyard, one of the largest shipbuilding companies in the North-Western Region of Russia, has signed a $15m subcontract with Arctech Helsinki Shipyard (AHS) for the construction of modules (frame structures) for two ice-class platform supply ...
2011-04-12 08:17:27
Gondan wins PSV order [Offshore]
Spain's Gondan Shipyard has just signed a new contract with Norwegian shipowner Ostensjo Rederi. This contract came into force on 8th April 2011. The new vessel is a supply vessel that will support the operation of oil rigs operating in the North ...
2011-04-12 08:09:03
India subsidy plan uncertain yet [Finance]
India’s shipping ministry has ruled out any potential subsidy for the nation’s shipyards in the near future. Local media said the timeline for shipbuilding aid remained uncertain. Yards had been encouraged by reports last year that hand-o...
2011-04-12 08:00:26
India leads ship breaking [General]
Shipbreakers in Bangladesh have secured court approval to import ships for recycling but demolition rates have not hit the highs that many had expected. In India, cash buyer GMS says demand for mid-sized tonnage remained rampant over the past sev...
2011-04-12 07:55:09
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