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Offshore
New LNG carrier prices soar
A fast recovery in the LNG market has pushed up newbuilding prices in the sector. In a note to clients analyst Martin Korsvold at Investment bank Pareto Securities said the price of a new LNG carrier at a top South Korean shipyard is now estimated...
2011-01-12 07:23:38
SWS and Sunhel cooperate
On January 8th, Shanghai Waigaoqiao Shipbuilding Company Limited (SWS) and Jiangsu Sunhel Shipbuilding Heavy Industry Company Limited signed strategic cooperation agreement. As is known, SWS was one of Sunhel’s earliest partners. Experiencing co...
2011-01-11 15:00:09
Hyundai wins Qatar offshore plants
Korea's Hyundai Heavy Industries has won 2011's first offshore new order by winning large-scale offshore project worth KRW 1trn ($900m). Hyundai announced today that it has recently signed a new order contract with Qatar's RasGas to build offshor...
2011-01-11 11:18:57
STX wins luxury cruiseship
STX France has penned an order for construction of a luxury cruiseship for Germany's Hapag-Lloyd Cruises. The new ship is being paid for by “a third-party proprietary company” outside the TUI group for delivery in 2013. No price has been give...
2011-01-11 07:14:33
Beluga to order cable-layer
Germany's Heavylift-carrier specialist Beluga is poised to ramp up its involvement in the burgeoning windfarm-installation market by ordering its first cable-laying ship as it starts to build an offshore fleet. Company boss Niels Stolberg says th...
2011-01-10 08:18:40
Taizhou Sanfu pens MPP pair
China's Taizhou Sanfu Ship Engineering has inked two 18,000-dwt multipurpose (MPP) ships with Swiss Cargo Line (SCL) Reederei. The vessels are due for delivery from mid-2012. Market players reckon they will cost between $25m and $26m each. Sou...
2011-01-10 08:10:19
Flex rejigs Samsung FLNG orders
Samsung Heavy Industries, South Korean shipbuilder, is giving Flex LNG more leeway on its planned quartet of LNG-FPSOs. Late last month, Flex said it was in talks with the builder to “restructure the commercial relationship” between the two c...
2011-01-07 13:42:38
Offshore to lead New Year
World's total of commercial ship newbuilding orders for this year is expected to fall short of 2010's figure. While both containership and LNG ship orders are forecast to increase, bulker orders are seen to drop sharply. Bulker orders would d...
2011-01-07 08:14:42
16 yards run to Transpetro tender
Sixteen shipyards race for a tender to build eight products carriers for Brazilian tanker owner Transpetro. The shipping affiliate of state-controlled energy giant Petrobras says five of the unidentified companies are based in Brazil while the re...
2011-01-07 07:17:14
Offshore Rebound 2012
In 2011, the offshore sector is forecast to see another transition year to a more solid rebound in 2012. The offshore sectors around the globe are fairly diverse but, in general terms, 2010 turned out mostly a step forward. Brazil probably made a...
2011-01-06 08:45:14
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