Cruising for Blue Ocean
New shipbuilding orders have ceased in the wake of global financial crisis and economic slowdown and South Korea’s large shipbuilders are now looking forward more to receiving offshore plant orders than to winning commercial ships. Offshore unit...
China eyes building Q-Flex
China is designing one of the world's biggest liquefied natural gas tankers to transport the cleaner-burning fuel, competing with South Korean builders including Hyundai Heavy Industries. Marine Design and Research Institute of China plans to bui...
First seismic vessel with ULSTEIN X-BOW
The seismic vessel WG Columbus, recently delivered to WesternGeco, has completed her maiden Atlantic crossing to her first assignment in the Gulf of Mexico. The ULSTEIN SX124 vessel was built at the Barreras shipyard in Vigo, Spain. There was p...
Daewoo delivers its first ultra deepwater drillship
Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea has recently delivered an ultra deepwater drillship ordered by Transocean of the US in 2006. The Discoverer Clear Leader delivered this time is the first drillship DSME has built. It h...
MISC to enter FSRU business
Malaysian shipping company MISC Berhad is set to enter the offshore LNG facility business. According to overseas media sources, MISC is considering converting an existing old LNG carrier into an FSRU (floating storage & regasification unit). Aimi...
Hanjin launches first Korea-built DSV
Hanjin Heavy Industries & Construction (HHIC) of South Korea said on March 27th that it has successfully launched a diving support vessel (DSV) which was built for the first time in the country. The DSV floated this time in HHIC’s Yound-do shipy...
Square up for Shell FPSO
Shipyards and their contractor partners submitted commercial unpriced bids this week for energy major Shell's giant floating production, storage and offloading unit (FPSO). This latest round of offers includes details of the shipbuilding contract and...
LNG tonnage under further pressure
Tokyo Gas has become the second major Japanese utility to confirm plans to reduce imports of liquefied natural gas in the next financial year, placing further pressure on this already over-tonnaged sector of the shipping industry. The company sai...
LNG ship surplus to grow
Malaysia’s MISC Berhad has revealed that it expects delivery of commissioned newbuilds to exceed market demand for this year and the next. This information, imparted by MISC LNG vp Gunaseharan Ganapathy to Taiwan News, follows an announcement that ...
Shell mulls Egypt floating LNG production
Shell, Europe’s largest oil company, is considering producing liquefied natural gas from an area in Egypt using a floating liquefaction unit, an Egyptian government official said. The oil major could use floating LNG technology in the north-east...
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