Offshore
Hyundai scores two LNG carriers
South Korea's Hyundai Heavy Industries has sealed a new order with Singapore's BW Maritime for two 155,000-cbm LNG carriers worth around $400m. Contract signing was held last Friday in Ulsan. Options to book two additional same-type ships are ...
2011-09-19 06:46:47
Daewoo's 1st offshore wind vessel
Daewoo Shipbuilding & Marine Engineering of South Korea held a naming ceremony of its first wind turbine installation vessel. Market players said that Daewoo successfully built the first wind turbine installation vessel, 'VICTORIA MATHIAS' in Kore...
2011-09-19 06:33:47
LNG boom continues
Some opposes to forecasts that newbuilding orders for LNG carriers would decrease in 2012 than this year. Lee Suk-Jae, a researcher from Mirae Asset Securities, responded "LNG carrier newbuilding market next year would be as big as 2011, or bigge...
2011-09-19 06:29:20
Hyundai builds Nigeria plant yard
South Korea's Hyundai Heavy Industries recently started the ground work for a new offshore plant equipment manufacturing factory, to be constructed on Brass Island in Niger Delta region, Nigeria. Hyundai and Bayelsa State Government already inked...
2011-09-16 11:45:08
Pertamina into 2nd LNG-FSRU
Indonesia's Pertamina issued a formal invitation to tender to provide an LNG-FSRU for its east-central Java project. The tender was sent out early this week. Around eight players officially declared their interest when the project was first floate...
2011-09-16 07:51:01
FSES pens offshore vessels
Fujian SouthEast Shipyard (FSES) inked newbuilding orders for two 75M offshore support vessels and two 105M subsea support vessels from COASTAL. The shipowner has placed orders for a total of 49 offshore ships with a variety of sizes, 59M, 70M, 75...
2011-09-16 06:43:36
Hyundai-Samsung vie for FPSO
Hyundai Heavy Industries and Samsung Heavy Industries of South Korea clashed in a bid to win $2bn worth of Nigeria's Egina FPSO newbuilding order. Egina FPSO is ultra-large offshore plant, with over 2m-barrel of fuel capacity. The Egina oil field ...
2011-09-16 06:31:30
Mitsubishi into European wind
Mitsubishi Heavy Industries of Japan penetrates wind-power generation market in Europe. Local media reported that Mitsubishi decided to start production of offshore wind turbine in Europe by 2015. Mitsubishi strategize to begin producing of core c...
2011-09-15 12:12:24
Japan LNG use hit record
Japan's 10 utilities consumed a record 4.81 million tonnes of liquefied natural gas in August, up 15.4 percent from a year earlier, industry data showed on Tuesday. They burned more gas to offset a fall in nuclear power generation. The utilitie...
2011-09-15 07:31:27
Otto allows extension
Otto Marine gives a customer 14 more days to lay the deposit for one of its large AHTS vessels. The Singapore shipbuilder secured a letter of intent from an unnamed buyer last month for one of the four 300-tbp AHTS ships originally destined for N...
2011-09-15 07:19:23
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