Offshore
Cruiseship orders set to slow
Analysts expect cruise operators to order fewer new cruiseships, following a more conservative approach. UBS Investment Research forecasts the pace of contracts to slow down because most cruise operators are constrained by their balance sheets and...
2010-11-01 07:26:39
Sealink inks OSV pair
Sealink International, the Malaysian offshore vessel builder and operator, has won orders for two offshore support vessels. The contracts are worth a total of MYR67m ($11.8m) and call for deliveries to be made in the fourth quarter of 2010. The s...
2010-10-29 07:40:46
OSG wins floating storage deal
Overseas Shipholding Group is benefitting from a return in demand for floating storage, it is claimed. New York-listed OSG’s 441,585-dwt TI Oceania (built 2003) has been picked up by Petrobras for a six-month storage deal off Brazil, reports sa...
2010-10-29 07:32:45
Keppel adds dry docks in Europe
Keppel Verolme, part of Keppel Offshore & Marine, is buying its three graving docks from the Port of Rotterdam for Euros 10 million. The port took ownership of the graving docks from Verolme Botlek in 2000. Keppel O&M subsequently acquired Verolm...
2010-10-27 07:12:47
CSIC to establish wind power factory
CSIC announced a new wind power equipment factory would be established in China’s inner Mogolia at the end of this year. In 2010, the output of wind power equipment reached over 200 units, most of which were 2mw wind power generators. In future...
2010-10-26 06:57:36
Offshore: New round booming
An insider from China National Offshore Oil Corporation (CNOOC) revealed that China would roll out 50m offshore production capacity in next five years, with investment of CNY250bn ($37.6bn) to CNY300bn released. That meant a new round of offshore ...
2010-10-26 06:43:07
OSJ to cover offshore wind
The Annual Offshore Support Journal Conference 2011 is the fifth such event, and is being held in London in February in association with Caterpillar; it is being complemented by a one-day Offshore Wind Support Journal Conference The Annual Offshor...
2010-10-25 06:32:50
Keppel inks LOI for two jack-up rigs
Bangkok, Thailand, based Mermaid Maritime Public Company Limited and Keppel Offshore & Marine subsidiary Keppel FELS Limited have entered into a Letter of Intent with a combined value of about US$360 million. It covers construction at the Singapo...
2010-10-25 06:22:40
Ezra acquires Aker Marine Contractors
Singapore's Ezra Holdings Limited has signed a conditional agreement with Norway's Aker Solutions AS that will see it will acquire 100 percent of Aker Marine Contractors (AMC). AMC is the Norwegian company's SURF (Subsea Umbilicals, Risers & Flow...
2010-10-25 06:21:05
Keppel profitability improves in Q3
Keppel Corp beat forecasts after reporting a spike in third quarter profit. Singapore-listed Keppel banked SGD 346.6m ($266.7m) in the three months to the end of September, beating the SGD 319.6m tucked away a year ago and the SGD 306.7m consensu...
2010-10-22 08:09:22
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