Offshore
Ocean Rig to order drillships in Brazil
Ocean Rig UDW has emerged as the frontrunner to build five new drillships for long term charter to Petrobras, having won the tender to negotiate a contract. The newly Nasdaq-listed company, which is 73.7% owned by DryShips, put in the lowest bid f...
2011-11-09 07:24:18
Hornbeck's OSV newbuild program
Hornbeck Offshore Services, Inc. announced Monday that its Board of Directors has approved a new vessel construction program for its wholly-owned subsidiary, Hornbeck Offshore Services, LLC. The Company plans to build sixteen U.S.-flagged 300 cla...
2011-11-08 07:37:14
Damen introduces new PSV
Damen Shipyards is set to unveil its new PSV 3300 E3 Platform Supply Vessel (PSV) design at EUROPORT 2011 and will launch a complete new PSV range, with capacities from 1,500 dwt to 6,500 dwt, in the next few months. Though primarily designed as P...
2011-11-08 07:23:17
Bestway more into offshore
Design firm Shanghai Bestway Marine Engineering Design expands its offshore business by investing in Beihai Oil, a Shandong-based equipment technology company. Shanghai Bestway is paying CNY 11m to take a stake in the Qingdao firm that focuses on ...
2011-11-08 07:09:47
Daewoo eyes wind firm Bard
Daewoo Shipbuilding & Marine Engineering of South Korea is known to be under investigation on takeover of a offshore wind power plant constructor, Bard Holding GmbH of Germany. Daewoo has shown an aggressive move into offshore sector, by taking ov...
2011-11-07 12:26:53
Petrobras boss visits Daewoo
South Korea's Kyobo Securities gives a buying recommendation for Daewoo Shipbuilding & Marine Engineering with target price set for KRW 34,000 ($30.3). Analyst Lee Kang-Rok from Kyobo mentions, "CEO José Sergio Gabrielli of Petrobras made a...
2011-11-07 11:41:11
Brass LNG delayed again
West Africa’s Brass LNG has asked shipbuilders to extend the validity of the bids on their LNG-carrier-newbuilding offers. Industry sources say offers on up to 14 ships for the greenfield liquefaction project were set to expire at the end of Oc...
2011-11-07 07:42:29
Double naming drillships: DSME
South Korea's Daewoo Shipbuilding & Marine Engineering held a double naming ceremony for drillships on November 4th. Two drillships, ordered from Brazil's Odebrecht in December 2009, were christened ODN-1 and ODN-2 respectively at Okpo shipyard on...
2011-11-07 07:05:59
JECKU urges green ship
Major shipbuilders from five countries, Japan, Europe, China, Korea (South) and the US, held a 'JECKU Top Executive Meeting,' on 26-28 October. During the meeting, there were requests for governmental supports and other related industries, such as...
2011-11-07 06:45:16
STX leads OSV orders
Am Fraser has given the thumbs up to STX OSV just a few days after it scooped a NOK 1bn ($181m) order for four newbuildings for Island Offshore. The next wave of offshore support vessel orders is just around the corner, analyst Lee Yue Jer said i...
2011-11-04 07:56:06
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