Offshore
STX signs PSV
Simon Mokster has returned to STX Europe for its second PSV newbuilding of the year. The Norwegian owner has signed up for a new PSV 09L CD design vessel just two months after putting pen to paper on an order for a similar ship. Stavanger-bas...
2010-05-13 08:30:24
COSL targets $897m share issue
China Oilfield Services Limited plans to raise Yuan7bn ($897m) from the issue of up to 500m shares on the Shanghai stock exchange to finance the expansion of its offshore fleet. Outlining the expenditure plans, the company said almost Yuan2.6bn w...
2010-05-13 07:31:40
Mawei secures an accommodation ship
Marine Asset Corporation (MAC) recently announced an order with Chinese Mawei Shipbuilding to build a semi-submerged accommodation ship, namely MV CSS Accommodator. MAC said the newbuilding contract had already been inked, which was valid from May...
2010-05-12 09:52:20
Shipbuilder sells AHTS pair
Two anchor-handling tug supply vessels (AHTSs) have been sold by Zhanjiang Habin Shipyard, brokers revealed Tuesday. The 5,150-bp Opu Tamuno 1 (built 2009) and the 5,150 Ibi Teme (built 2010) have gone to unnamed Nigerian buyers, according to shi...
2010-05-12 08:21:39
ABS-CCS deepen LNG cooperation
Increased interest in the building of liquefied natural gas (LNG) carriers at Chinese shipyards spurred the recent Large LNG Carriers Forum, held in Shanghai, and conducted jointly by classification societies ABS and CCS (China Classification Society...
2010-05-12 07:29:28
COSCO Singapore revenue up 10%
In spite of severe blow in ship repair, conversion and dry/bulk cargo shipping, COSCO Corporation (Singapore) finished an excellent mission in shipbuilding and offshore plant market. The revenue of COSCO Singapore in the 1st quarter achieved $6.0m...
2010-05-11 10:02:37
Offshore buoys China oil output
China’s crude production rose significantly in April, thanks to a boost in output from the offshore sector. In April, China produced 16.3 million tonnes of crude oil (119 million barrels), up 4.2% on year, bringing the total production in the f...
2010-05-11 08:13:27
BW seeks to modify FPSOs
Bermuda-registered shipowner BW Offshore will start looking for shipyards to modify two floating production storage and offloading vessels and to convert an aframax tanker into another FPSO as it expands its fleet. The search for yards in mostly ...
2010-05-11 08:07:39
DSME to win $1.6bn FPSO
Korea's Daewoo Shipbuilding & Marine Engineering is said to be close to winning the Angola's $1.6bn FPSO newbuilding project. Sources say DSME is now in talks with France's Total, the operator of the Clov project (Angola Block 17), regarding the F...
2010-05-10 06:44:30
GDF Suez to order new LNGRUV
France's GDF Suez is reviewing submissions from shipyards for a new type of LNG regasification vessel, called LNGRUV by the French player. Industry sources say the unit is being referred to as an LNG regasification utility vessel, or LNGRUV. ...
2010-05-07 12:36:22
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