Offshore
Keppel-Floatel Merge
Keppel Corporation Limited ("Keppel") wishes to announce that its associated company, Aqua Pellentesque Ltd ("Aqua"), has entered into an Amalgamation Agreement with Floatel International Ltd ("Floatel") on 21 August 2011. This agreement paves th...
2011-08-23 07:02:25
Swiber wins subsea deal
Swiber Holdings was awarded a $25m offshore subsea installation contract. The Singapore-listed contractor says affiliate Kreuz Holdings, which was added to the fold through a takeover just last month, has secured a deal with a leading Middle East...
2011-08-23 06:46:32
Maersk stops drillship order
AP Moller-Maersk is icing its offshore expansion push due to rising costs in the drilling sector. Both newbuildings and takeovers are too expensive in the present market, according to Maersk Drilling CEO, Claus Hemmingsen. In an interview wit...
2011-08-22 07:25:15
Excelerate wins Brazil FSRU?
Excelerate Energy of the US is rumoured to have won the contract to provide Brazilian giant Petrobras with a third floating storage and regasification unit (FSRU). In a fiercely fought battle, Excelerate is said to have managed to undercut Golar ...
2011-08-22 07:09:45
Taiwan eyes VLCC's
Global Energy Maritime is soon to spend a large chunk of its start-up funds on six VLCCs and a chemical tanker. A $1bn Taiwanese tanker JV is said to be closing in on a huge order for six 320,000-dwt VLCCs and a 75,000-dwt chemical tanker. Gl...
2011-08-22 06:49:03
Golar strengthens FSRU biz
Bermuda-headquartered Golar LNG is upbeat in its outlook for its floating LNG storage and regasification business. The company is keen to continue investing in the LNG-FSRU market, where it says interest “remains strong”. It recently book...
2011-08-19 16:02:54
Austal eyes niche & naval
Australian shipbuilder Austal saw full year earnings plummet 41% and now targets niche and naval newbuilding market. The company, which builds offshore support vessels, ferries, yachts as well as military ships, announced net profit for the year t...
2011-08-19 14:21:14
Samsung scores shuttle tankers
The world's largest shipbuilder Samsung Heavy Industries formally signed four 154,000-dwt shuttle tankers with Teekay Offshore Partners. The South Korean major shipbuilder had revealed it had won orders for five shuttle tankers last month and four...
2011-08-19 07:36:15
Samsung keeps No.1
Samsung Heavy Industries remains in the world's top position by orderbook for the fifth consecutive month. According to Clarksons, the South Korean shipbuilder's newbuilding backlog stood at 9.74m cgt or 214 ships as of August 1st. Daewoo Shipb...
2011-08-19 07:30:36
Samsung wins LNG-FSRU/Carriers
Norway's Golar LNG confirms two LNG carriers newbuilding options with South Korea’s Samsung Heavy Industries. The two 160,000-cbm options follow on from the initial six vessels the company ordered with the Korean yard earlier in the year. It ...
2011-08-19 07:15:26
Start  Prev  661  662  663  664  665  666  667  668  669  670  Next  End