Brass LNG newbuild bids due by Nov. [Shipbuilding]
Nigeria's Brass LNG project has given shipyard bidders a short deadline extension to submit offers for its large newbuilding tender. Shipbuilders now have until the end of this month to turn in technical bids for up to 14 LNG carriers of three dif...
2010-10-15 14:46:37
Restructuring for survival [General]
Prime Minister of Vietnam, Nguyen Tan Dung assigned Nguyen Ngoc Su, deputy chairman of the Vietnam Oil and Gas Group (PetroVietnam), as chairman of the Vietnam Shipbuilding Industry Group (Vinashin) as of October 9. Previously, Deputy Minister of...
2010-10-15 09:30:19
Shiptec China opens on Oct. 26 [Equipment]
'Shiptec China 2010', the 7th International Shipbuilding, Ports and Marine Equipment Exhibition for China, sponsored by the China Association of the National Shipbuilding Industry, the China Shipowners' Association, and the Chinese Society of Naval A...
2010-10-15 09:24:22
Berg inks Brazilian equip deal [Offshore]
Berg Propulsion has made a significant new breakthrough into the fast-growing offshore vessel construction market in Brazil, just a few months after establishing a regional office in Rio de Janeiro, Brazil’s shipping capital. Berg has secured a con...
2010-10-15 08:23:53
KBR collaborates with DSME: Clov FPSO [Offshore]
US engineer KBR won a contract for the topsides detailed design of Total’s Clov floating production, storage and offloading unit. In collaboration with Daewoo Shipbuilding & Marine Engineering – the engineering, procurement, installation ...
2010-10-15 08:13:19
ASRY income falls to $106m [General]
Arab Shipbuilding & Repair Yard Company (ASRY) earned a net operating income of $106.35 million for the first nine months of the current fiscal. The company said it repaired 147 vessels during the period, but sales dropped compared with the same ...
2010-10-15 08:05:14
Tankers in dismal mode [Shipping]
Tanker chartering activities decreased in September in almost all regions. Total spot fixtures decreased 8.4% reflecting a slowdown in worldwide oil trade. OPEC spot fixtures decreased 8.7%, the drop in exports in most of the oil producing countries ...
2010-10-15 08:00:52
Polarcus gets $60m in share issue [Finance]
UAE geophysical player Polarcus has raked in $60m from its latest share issue. The Oslo-listed seismic owner says Norwegian and international investors snatched 67,421,359 new shares at NOK 5.15 ($0.90) a piece, according to exchange filings. ...
2010-10-15 07:57:19
CMA CGM cash injection from Turk [Finance]
Jacques Saade’s CMA CGM is on the verge of securing a huge cash injection from a large Turkish industrial group to ease its financial woes, a French media report claims. Istanbul-based Yildirim group is lining up a $500m spend to take a 20% cut...
2010-10-15 07:55:07
Daewoo Mangalia hit by strikes [General]
Daewoo Mangalia Heavy Industries (DMHI) in Romania has been hit by another strike over pay. 1,200 unionized workers at the shipbuilder, controlled by South Korea's Daewoo Shipbuilding & Marine Engineering, walked out on Monday during collective b...
2010-10-15 07:52:42
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