Equipment
STX expands marine-engine market
South Korea's STX Engine has additionally made a license agreement of 17AHX newly developed engine with Niigata of Japan, with which STX Engine having made a long licensing relationship. Also, STX is to build its production system and secure strong f...
2011-10-17 10:33:12
Hyundai-Sungjin LNG plant deal
Sungjin Geotec of South Korea announced on October 14 that it sealed a contract with Hyundai Heavy Industries for LNG plant facility amounting KRW 83.05bn ($72m) for Gorgon LNG project on 13th. Sungjin received a letter of award in July from Hyund...
2011-10-17 06:56:43
Aker wins shuttle tanker loading systems
Aker Solutions has been awarded contracts for the supply of Pusnes offshore loading systems for ten shuttle tankers that will operate in Brazil and Norway. The total contract value for Aker Solutions is approximately NOK 150 million. Several major...
2011-10-14 08:18:48
WIS bags repair work
Western India Shipyard (WIS) will pocket INR 300m ($6.1m) on five different repair contracts. The country’s biggest shiprepairer, controlled by ABG Shipyard, said it would be working on two rigs for Transocean and one for Jindal Drilling. I...
2011-10-14 07:54:40
STX new 64K bulker
STX Offshore & Shipbuilding of South Korea recently developed a new 64,000-dwt bulker. The bulker with wide beam and shallow draft has increased deadweight capacity compared to existing handymax. The new bulker was developed as over-panamax to ...
2011-10-14 07:07:00
Kleven invests in new facilities
Kleven Maritime’s extensive investment programme will result in new facilities for both the group’s Kleven and Myklebust shipyards. To increase newbuild capacity at Kleven Verft, in Ulsteinvik, Norway, a 100m quay and new 40m x 150m drydock w...
2011-10-13 07:46:56
Korea heavy-plate balance
South Korea's thick plate capacity has increased about 3,500,000t for a recent year and reached a demand-supply balance. POSCO and Dongkuk Steel Mill completed expansion by 2m ton and 1.5m t each in the beginning of this year and now secure overa...
2011-10-12 10:41:05
STX joins KOGAS LNG-fuel R&D
South Korea's STX Offshore & Shipbuilding and Korea Gas Corporation (KOGAS) signed a Memorandum of Understanding on 'Joint development for LNG bunkering system.' This MOU is to be prepared for global emission control with applying LNG. STX O&S ...
2011-10-12 06:47:25
ASRY eyes offshore
Bahrain-based Arab Shipbuilding & Repair Yard Company (Asry) achieved a net operating income of $115.408 million in the first eight months of 2011, said its chairman. Shaikh Daij Bin Salman Bin Daij Al Khalifa added that the number of vessels repa...
2011-10-11 07:53:59
Daewoo to win submarines
Daewoo Shipbuilding & Marine Engineering of South Korea sat around the table to finalize newbuilding contract for submarines with Indonesian Ministry of National Defense and the Navy. This project is to newbuild three 1,400-dwt submarines totalli...
2011-10-10 14:53:58
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