Otto sells 3rd offshore newbuild [Shipping]
Otto Marine is to pocket $31.5m from the sale of a platform-supply vessel (PSV) newbuilding to Mermaid Maritime Australia. Mermaid, which is listed in Australia, has seven days to cough up $3.2m to cover 10% of the total purchase price. The S...
2011-04-05 07:11:01
LNG-FPGU: Next-Gen power station [Offshore]
The concept of LNG floating power-generating unit (FPGU) may soon be reality. Gas-industry players have already created the first LNG-FSRUs and projects for LNG-FPSOs are awaiting the green light. SBM Inc marketing manager Leen Poldervaart sai...
2011-04-05 07:04:09
DSIC inks more jack-up rigs [Offshore]
China's Dalian Shipbuilding Industry Offshore (DSIC Offshore) has secured two more jack-up drilling rigs plus additional option contracts. Prospector Offshore Drilling S.A. has exercised two of its three options with the yard for the construction ...
2011-04-05 06:53:30
China Ocean Shipbuilding cuts losses [Finance]
China Ocean Shipbuilding Industry Group reduced losses in 2010 to Yuan867m ($132.2m) from Yuan1.9bn a year earlier. Revenue during the period was increased by 5.3% to Yuan1.3bn from Yuan 1.2bn the previous year. The Hong Kong-listed company attrib...
2011-04-05 06:41:16
Samsung secures LNG carriers [Offshore]
South Korea's Samsung Heavy Industries has clinched an order for four LNG (liquefied natural gas) carriers. Golar LNG has booked four 160,000-cbm LNG carriers at the shipyard for just under $800m in total. Arctic Securities said that Oslo- and ...
2011-04-05 06:31:30
STX grabs ethylene carriers [Shipbuilding]
Korea's STX Offshore & Shipbuilding (STX O&S) announced yesterday it has won an additional new order from an European shipowner to build three 6,500-cbm ethylene carriers for $93m. STX O&S received a firm order for three carriers and option for a...
2011-04-05 00:24:59
Japan: Export-ship inquiries drop [Shipbuilding]
The combined ship export inquiries of Japan's top six shipbuilders during the February of 2011 came to nine cases, falling in half compared with the previous month. Bulkers were placed in the center of the inquiries, and the recent earthquake did...
2011-04-05 00:22:06
CIC scores two bulkers [Shipbuilding]
China Shipping Industry (CIC) has won two 47,500-dwt bulkers from a compatriot shipowner, Shanghai Youhao. As soon as the shipbuilder inked the contract on the 30th of March, it launched building right from the next day for delivery in February a...
2011-04-05 00:19:33
Hyundai sets up R&D center in Shanghai [General]
South Korea's Hyundai Heavy Industries announced today that it commenced operation of HHI Global R&D Center, located in Shanghai Stock Exchange Building in China, from the turn of this month. It posted around 30-job opening for the research center...
2011-04-04 13:01:46
Doosan certified for wind power systems [Equipment]
Korea's Doosan Heavy Industries & Construction has announced it had become the first to be certified for 3MW-grade offshore wind power systems among domestic companies by Germany's DEWI-OCC. Only a few companies worldwide hold technology for the 3M...
2011-04-04 10:50:32
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