Offshore
COSCO wins windfarm vessel
Danish offshore vessel owner A2Sea has gone to China for a new wind turbine-installing ship. The $155m jack-up unit has been ordered at COSCO Shipyard Group, it said. It was an optional ship linked to a previous order. Delivery is expected in 201...
2012-03-26 07:01:55
China Offshore Ambition
China's 'Mid-to-Long Term Development Plan for Offshore Facility' was announced by the Ministry of Industry and Information Technology of China (MIIT), the Ministry of Science and Technology of China, the National Development and Reform Commission, t...
2012-03-26 06:59:01
Yamal's LNGCs to kick off
Novatek and Total have started talking to shipyards about a slew of LNG carriers for Russia's Yamal LNG project. Partners in Yamal project are said to have kicked off discussions over the design of up to 16 vessels of around 177,550-cbm LNG carr...
2012-03-23 14:20:23
Hyundai to ink Brunei's LNGC?
Hyundai Heavy Industries of South Korea is being tipped to walk away with a contract for Brunei's LNG carrier. No official award had been made on the business but a decision is expected shortly, brokers say. Korea’s big three yards — H...
2012-03-23 11:05:32
COSCO wins 1st PSVs
Cosco Shipyard has landed a breakthrough $105 million contract with an undisclosed American shipowner for four new platform supply vessels, its parent Cosco Corp (Singapore) said Thursday. Cosco Guangdong Shipyard will build the UT 771 CDL vessel...
2012-03-23 08:15:07
Tamar FLNG steps forward
Partners in a huge gas field development off Israel began talks about selling 2 million to 3 million tonnes per annum of liquefied natural gas to a subsidiary of Russia's Gazprom for 15 to 20 years, starting in 2017. The co-venturers in the Tamar ...
2012-03-23 07:14:31
Offshore leads the market
Amidst the newbuilding market getting quieter again, offshore sector continued its leadership in the market. According to Golden Destiny, as for the commercial ship sector, the recent week closed with 15 vessels of a cumulative 49,000 dwt ordered ...
2012-03-23 07:05:58
STX OSV getting expensive
STX OSV saw recent spike in its share price and AMFraser analyst Lee Yue Jer issues a note of caution for investors. Lee says the deals worth a collective NOK 1.15bn ($200m) with Island Offshore and Dof the Singapore-listed yard recently signed co...
2012-03-22 08:23:58
DSIC wins semi-sub flotels
Flotel contractor start-up Sirius Offshore Accommodation ordered two giant semi-submersible newbuilds with Chinese yard Dalian Shipbuilding Industry Corp, with options for two more. Contract price is reportedly around $315 million apiece. The ...
2012-03-22 08:05:52
Vantage buys new drillship
Vantage Drilling has agreed to acquire a drillship newbuilding from its majority shareholder Nobu Su. The US-listed company is to pay $164m to acquire the construction contract for the deepwater drillship Dragonquest. Upon closing of the deal V...
2012-03-22 07:42:35
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