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Keppel rewarded for early delivery
[General]
The DSSTM 38 ultra deepwater semisubmersible rig was delivered a record four months ahead of schedule. Keppel FELS Limited (Keppel FELS) has delivered Alpha Star, the second of two DSSTM 38 semisubmersible rigs, to Brazil's Queiroz Galvão &...
2011-03-30 07:04:16
Wartsila & Aker's new WT Install Vessel
[Offshore]
Wärtsilä and Aker Solutions have agreed to combine their fields of expertise to develop a new and environmentally sound concept for offshore wind turbine (WT) installation vessels. According to the contract, which was signed earlier thi...
2011-03-30 06:56:44
Boxships lead newbuild activity
[Shipbuilding]
Orders for new super-large containerships are in the limelight in the newbuilding market during the past few weeks, as more and more owners are trying to prepare themselves for the expected rise of global container trade, especially from 2013 onwards...
2011-03-30 06:49:31
Daewoo bids for LNG carriers
[Offshore]
South Korea's Daewoo Shipbuilding & Marine Engineering believes a loss of nuclear capacity in Japan will further boost a nascent recovery in new LNG ship orders. "The LNG market has been slowly recovering from virtually zero orders from late 2008 ...
2011-03-30 06:41:49
Hanjin eyes value added vessels
[Shipbuilding]
South Korea's Hanjin Heavy Industries & Construction is seen to be able to secure high-priced ships for its orderbook considering the recovery of mid-size boxship market situations and advantage of profit management. Park Seung-hyun, researcher...
2011-03-29 23:18:12
STX Pan Ocean working at LNG ships
[Offshore]
Amid strong expectations that there will be increasing demands for LNG and coal in the wake of the recent nuclear power plant shock in Japan, one analysis shows that the LNG volume to be supplied from 2013 will increase dramatically to 89m tons by 20...
2011-03-29 23:17:30
Steel on the verge of price advance
[Equipment]
Korea's major steel suppliers are carefully reviewing price advance. According to industry sources released yesterday, Posco would increase the prices of various kinds of steel products such as hot rolled steel, cold rolled steel and steel plates...
2011-03-29 23:16:50
DaeSun watches all bills passed
[General]
South Korea's DaeSun Shipbuilding & Engineering reported yesterday all bills were passed as originally proposed in the shareholders' meeting held on the day. The meeting dealt with financial statements, deficit reconciliation statement and appoin...
2011-03-29 23:16:14
Run for LNG carriers
[Shipbuilding]
South Korean shipbuilders are going at winning new LNG carrier orders since world's shipowners are increasingly placing newbuilding orders due to the sharp rise of oil prices and fear of a nuclear power plant caused by the recent shock in Japan. O...
2011-03-29 23:15:30
Sungdong builds 82K BC's for Greek
[Shipbuilding]
South Korean shipbuilder, Sungdong Shipbuilding & Marine Engineering, is said to have won 2+2 bulkers of 82,000 DWT from Greek shipowner, Aegean Bulk. They are slated for delivery in March and April 2012 with their prices veiled. The yard reve...
2011-03-29 10:56:00
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