Offshore
STX signs quartet
STX Offshore & Shipbuilding is continuing to secure new orders in April. The Korean shipbuilder said it has inked one kamsarmax bulker newbuilding order with Singaporean shipowner on April 7th and another same-type ship contract with Greek owner o...
2010-04-19 07:01:38
China to win first LNG export ships
MOL looks set to give China its first LNG-carrier export orders with four vessels as part of two deals it has secured with ExxonMobil for business linked to its PNG LNG and Gorgon projects. Hudong-Zhonghua Shipbuilding and Nantong Cosco KHI Ship...
2010-04-16 13:45:37
Yantai operating profits jump
Operating profits at Yantai Raffles Shipyard have jumped almost 60% after the company slashed its foreign exchange losses. The Chinese rig builder said profits from operating activities last year were SGD64m ($46.6m) against SGD40m in the previou...
2010-04-16 08:36:55
SHI's order intakes triple
Cumulative orders intakes so far this year of Samsung Heavy Industries (SHI) tripled to over USD 2bn, compared to the same period of last year. SHI announced on Apr. 15th that it recently won two 158,000-dwt oil tankers newbuilding order from a G...
2010-04-15 12:19:58
Jurong inks $350m jack-up rig
John Fredriksen’s Seadrill has exercised its option on a jack-up newbuilding after securing a long-term contract for the rig with Statoil. Oslo-listed Seadrill will pay $350m for the rig at Singapore’s Jurong Shipyard, a statement says. S...
2010-04-15 08:26:19
Hyundai to win more plant orders
Hyundai Heavy Industries, the world's biggest shipbuilder by orders, expects to easily achieve, if not surpass, its order target of $2 billion for its industrial plant and engineering business this year as it banks on getting large non-shipbuilding p...
2010-04-15 08:19:14
Offshore Plants Recovery Signs
Offshore plants market is vitalizing the industry signalling gradual recovery as high oil price persists and economy signals recovery from this year. It will act as a favorable factor for shipbuilders who took advantage of special demand in drills...
2010-04-15 07:10:24
RINA's offshore vessel new rules
Italian classification society Rina has introduced new rules for offshore vessels such as floating production storage and offloading vessels and floating storage and regasification units. Rina says that the rules for the classification of floatin...
2010-04-14 08:22:43
Daewoo-Mangalia builds first drilling barge
Daewoo Shipbuilding & Marine Engineering (DSME) of Korea won a contract to build a drilling rig ordered by Korea National Oil Corporation as a submersible drilling barge, a barge-type rig which is already being used in Russia. Daewoo-Mangalia Heav...
2010-04-14 07:10:48
Ezra newbuilds pushed back
Singapore-based shipowner Ezra Holdings expects delays to the outfitting of three of its newbuilding subsea construction support vessels in Singapore as it adds additional equipment to the ships. The owner of 31 offshore support vessels and part-...
2010-04-12 08:23:50
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