Offshore
STX wins offshore plant modules
STX Finland Oy has signed a contract for the construction of two large offshore modules for the North Sea. The modules will be delivered from STX Finland´s Turku Shipyard at the end of year 2012. The project will bring some 250 man-years of labo...
2011-10-14 08:21:38
Daewoo & Samsung win LNG carriers
South Korean shipbuilding majors Daewoo and Samsung are poised to win a pair of LNG carrier newbuildings respectively. Swedish shipowner Stena Bulk is soon to order a quartet of LNG carrier newbuildings worth an estimated $870m. Industry source...
2011-10-14 07:34:52
Korean "Invest now!"
Regarding South Korean shipbuilding stocks, the present seems to be the most opportune to invest. Analyst Seo Jung-Duk from MERITZ Securities said on October 13, "LNG-related and offshore plant markets, main target for Korean yards, being expected...
2011-10-14 07:10:24
USC orders PSVs at Baltic
United Shipbuilding Corporation (USC) has placed an order for two platform supply vessels at St. Petersburg-based Baltic Shipyard. The ships will be built for Gazprom, USC’ head told journalists. The supply vessels, worth $100 million each,...
2011-10-13 07:49:23
China offshore plan coming up
Ministry of Industry and Information Technology of the People's Republic of China (MIIT) revealed that its mid- and long-term development plan for offshore facility building is just ahead of completion and to be announced in public by the end of this...
2011-10-13 06:59:16
Focus on high-value
Competition in high-value ships market is getting fiercer among big 3 shipbuilding nations. Worldwide newbuilding order shows the bottom in recent two years and yards are looking for offshore facility market at present, market player saying, "M&A ...
2011-10-13 06:52:07
Petrobras FLNG after 2015
Brazil’s Petrobras has delayed plans to use LNG-FPSOs supplied by Saipem, Technip and SBM Offshore until after 2015, its chief executive said. Petrobras has chosen to use pipelines to transport gas from fields in deep waters of the Atlantic Oce...
2011-10-12 07:50:49
ASL inks five ships
Singapore's ASL Marine wins SGD $267m worth of orders for two PSVs, a dredger and two barges. The locally-listed owner's shipbuilding affiliate ASL Shipyard said the barges to hit the water next year while the PSVs and dredger are due for delivery...
2011-10-12 07:31:54
National strategy for offshore
China revealed its 2011-2020 Offshore facility industry development strategy to support offshore facility industry by aiding issuing bonds or listing of offshore-facility yards. Chinese government said offshore industry should be strategically pr...
2011-10-12 06:35:45
Korea forte offshore localization
Although South Korean shipbuilding industry sweeps over the world offshore plant market, its unprepared localization of offshore equipment is criticized to waste money. All-around support by Korean government is needed to establish offshore plant ...
2011-10-11 15:54:34
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