Aker Solutions wins $30m deals [Offshore]
Oilfield services player Aker Solutions said it has signed Nkr180 million ($30 million) contracts to deliver separator and scrubber packages for the Goliat and Gudrun projects. The first contract is for delivery of four separator and scrubber package...
2010-11-22 07:24:22
Vinashin refocuses on shipbuilding [General]
Vietnam’s prime minister has ordered the restructuring of a troubled state-owned shipbuilding conglomerate that teetered on the edge of bankruptcy earlier this year. Prime Minister Nguyen Tan Dung officially approved the restructuring plan for V...
2010-11-22 07:22:31
Rongsheng shares fall on debut [Finance]
Shares in China's Rongsheng Heavy Industries Group closed down on their offer price on their first day of trading on the Hong Kong Stock Exchange. The Chinese shipbuilder’s shares closed at HK$7.96 per share compared to an offer price of HK$8. ...
2010-11-22 07:20:45
BV to class Goliat FPSO at Hyundai [Offshore]
French classification society Bureau Veritas has announced that it has secured the contract with Eni Norge AS for the Goliat FPSO that will be built at Hyundai Heavy Industries. Marine division md Bernard Anne said, “We were very pleased to be ...
2010-11-22 07:18:48
Brazil to grant $7.6bn shipbuilding financing [Finance]
Brazil’s Merchant Marine Fund, part of the Transport Ministry, may approve 13bn Brazilian reais ($7.6bn) of financing for new shipbuilding projects at a meeting on Dec. 17, fund director Amaury Ferreira Pires Neto said. A total of 165 newbuildin...
2010-11-22 07:17:12
Croatia gets bids for Kraljevica [General]
Croatia has received three bids to buy a nearly 300-year-old shipyard, the last of five state-owned docks it is trying to sell to meet a major condition for completing its European Union entry talks next year. Restructuring the heavily subsidised...
2010-11-22 07:13:06
Equip makers eye Chinese market [Equipment]
Korean marine equipment makers are aggressively tapping into Chinese shipbuilding market, which is emerging fast under strong government support. Chinese shipyards rank No. 1 in new orders and shipbuilding output worldwide but home production rate...
2010-11-22 06:57:54
Who orders ships? [Shipping]
In 2010, the shipping market seemed to have stepped out of depression and began to rebound. However, different views occurred on forecast. How will the market go on in 2011? Chairman Wei Jiafu of China’s COSCO Group said the BDI was believed to ...
2010-11-22 01:16:04
Jinhai orderbook hits new high [General]
In 2010, Jinhai Heavy Industry keeps sustainable growth, for both operation and production. The orderbook reached 96 ships of 13.51m dwt including 25 new orders of 2.34m dwt. Obviously Jinhai performed excellently this year. Jinhai paid a lot to s...
2010-11-22 01:15:24
Rongsheng enters Hong Kong Stock Exchange [Finance]
On November 19th, Rongsheng which is China’s largest private shipbuilder was listed in Hong Kong exchange. Rongsheng intended to issue 1.75bn stocks totaling HKD14bn ($1.67bn). Rongsheng thought currently global economy walked on the way of recover...
2010-11-22 01:13:21
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