China's first deep-water drilling platform [General]
Yantai CIMC Raffles Offshore this month saw the completion of sea trials for its first semi-submersible drilling platform "COSLPioneer". The platform, built for client China Oilfield Services Limited (COSL), is also the first deep-water semi-subm...
2010-09-14 08:29:02
Tanker outlook worsening [Shipping]
Very large crude carrier rates are set to average just $31,500 per day in the fourth quarter as a rapidly-growing fleet and reduction in tonne-mile demand prompts increased spot market competition. High US crude and distillate inventories are of p...
2010-09-14 08:27:08
Capesize resale prices plummet [Equipment]
Lauritzen Bulkers has seen $9m wiped from the value of one of its capesize ships over the last three months as the weak charter market hits vessel values. The 2009-built, 179,362 dwt Caecilie Bulker is understood to have been sold for around $62m...
2010-09-14 08:24:46
Petrobras orders 100 tugs & barges [Offshore]
Brazilian oil giant Petrobras has stayed close to home for a 100-unit tug/barge order. The company will pay $251m for the ethanol vessels at the domestic Estaleiro Rio Tiete shipyard. The 20 pusher-tugs and 80 ethanol barges are for use in the co...
2010-09-14 08:21:53
Bodewes wins cargoship order [Shipbuilding]
Sweden's AtoB@C Shipping has ordered a new cargoship from Dutch shipyard Bodewes. The vessel has a capacity of 4,000 dwt and ice class of 1A, according to the Scandinavian Shipping Gazette. AtoB@C has 15 ships, eight of which were built at Bodewe...
2010-09-14 08:18:18
3. Maj inks tanker deal [Shipbuilding]
Croatian shipyard 3. Maj says it has booked an order for four tankers from Sweden's Wisby Tankers. The shipbuilder, one of six the government is trying to privatise, said the deal is worth $120m. The contracts will fill capacity for all of 20...
2010-09-14 08:16:13
Cargotec pens full-electric drive orders [Equipment]
Cargotec has recently secured new orders that will see full sets of MacGregor RoRo electric drive equipment onboard two pure car carriers; taking Cargotec’s orderbook of fully electrically-driven PCCs to five. In May and June, Cargotec won two new ...
2010-09-14 08:14:25
Sembcorp wins $82m boost [General]
Sembcorp Marine subsidiary Sembawang Shipyard has emerged victorious in a battle to bag a batch of upgrading and repair contracts worth S$110m ($82m). Singapore-listed Sembcorp says New Zealand-based ferry player Interislander led the pack in a S...
2010-09-14 08:10:08
STX inks $270m six tankers [Shipbuilding]
South Korea's STX Offshore & Shipbuilding announced Monday that it had grabbed an order for six tankers. The company said the deal was worth KRW 313.9bn ($270m), which means a per-ship price is about $45m. Delivery is scheduled by the end of ...
2010-09-14 07:20:07
CSIC set to acquire shipbuilders [Finance]
China Shipbuilding Industry Corporation will convene shareholder meeting on September 16th, to announce asset restructuring. As is revealed, CSIC intends to purchase Dalian Shipbuilding Industry Corporation (DSIC), Bohai Shipbuilding Heavy Indust...
2010-09-14 01:06:11
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