Offshore
Offshore plant owner reception in Korea
'The 1st Major Shipowner Reception' was held in Sea Palace Hotel in Koje, Korea in the afternoon of last Friday, inviting the officials concerned with Korea's offshore plant enterprises and overseas major shipowners. Sponsored by Korea's Ministry of ...
2010-12-07 08:22:08
Taizhou Kouan wins MPP quartet
Pacific International Lines (PIL) has doubled its order for multipurpose (MPP) vessels to eight at Jiangsu-based Taizhou Kouan Shipbuilding. Informed sources say the latest 27,000-dwt quartet will be delivered to the Singapore-based owner in 2012...
2010-12-06 08:20:48
Hyundai boosts local offshore suppliers
Since the Lehman Shock, high oil price has been holding out, and many expect this situation will continue for a time being. This has been leading the world's oil majors to get interested in revitalizing the development of the global marine resources,...
2010-12-06 08:09:12
DryShips to raise drillship fund
DryShips Inc. said that its wholly-owned subsidiary Ocean Rig UDW Inc. plans to offer through a private placement approximately $500 million worth of shares of Ocean Rig common stock. The net proceeds of the offering are expected to be used to fi...
2010-12-06 07:12:46
Mitsubishi may win LNG carrier
Japanese shipowner NYK is said to be in talks with compatriot shipbuilder Mitsubishi Heavy Industries to build up to four LNG carriers. An official from NYK said discussions are ongoing now but nothing has been fixed on ship type and the number of...
2010-12-03 14:08:14
Samkang becomes EPC firm for Technip
Samkang M&T, a vessel pipe manufacturing company in South Korea, announced that it has been approved and listed by global leading offshore engineering company Technip of France, as an Engineering, Procurement & Construction company. It said it pas...
2010-12-03 09:26:37
VLGC newbuilding orders recover
Fresh orders for very large gas carriers (VLGC) have resumed in earnest since this year. Since the Lehman Shock, the VLGC market situation had undergone the severe recession without new orders placed. However, confirmed orders for three newbuilds...
2010-12-03 08:30:41
OSX-Hyundai build new shipyard
Brazil's green-field shipbuilder OSX Brasil has revealed that it will build a shipyard with South Korea’s Hyundai Heavy Industries in Brazil’s Rio de Janeiro state. In a public statement, OSX said that it has chosen a site at the Port of Acu t...
2010-12-03 07:22:50
Keppel FELS bags jack-up rigs
Singapore's Keppel FELS Limited has signed a contract to build two jack-up rigs worth US$360 million with Asia Offshore Drilling Limited, a 49 percent owned affiliate of Bangkok, Thailand, headquartered Mermaid Maritime Public Company Limited. Th...
2010-12-03 07:17:50
Blount Boats adds new orders
Blount Boats, Inc., Warren, R.I., has been adding to its order book. Recent contracts include an award by the Maine Department of Transportation to build a 110-foot passenger ferry for the Casco Bay Island Transit District. The design specificati...
2010-12-02 08:00:05
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