Offshore
STX wins PSV
Norwegian offshore vessel operator Simon Mokster has ordered a platform supply vessel (PSV) at STX Europe. The PSV 09 CD design vessel is due for delivery in the fourth quarter of 2011. No financial terms were disclosed. The hull will be buil...
2010-02-17 08:37:31
Drillship rates gloomy
A Dahlman Rose analyst said Tuesday that he now expects ultra-deepwater drillship rates to fall to $400,000 per day next year. Omar Nokta, who follows shipping and offshore stocks for the New York investment bank, also downgraded shares of Transo...
2010-02-17 08:29:53
German cancels PSV order
Germany’s Opielok Offshore Carriers has cancelled one of its PSVs on order in India and a second unit is also in line for the chop. Hamburg-based OOC has axed hull 359 at Bharati due to delivery delays of almost a year. It is understood hull 36...
2010-02-16 08:21:20
Rem buys PSV resale
Rem Offshore has tapped cash raised from a bond issue to buy a large PSV resale. Oslo Axess-listed Rem has bought the 4,527-dwt Greatship Mohini from Greatship Global Offshore, a statement says. Rem will take delivery of the vessel from Keppe...
2010-02-12 08:21:28
Daewoo teams up with Russian
South Korea’s Daewoo Shipbuilding & Marine Engineering is ready to bid for oil and gas projects together with the northern Russian shipyard of Sevmash. During a visit to South Korea last week, Sevmash General Director Nikolai Kalistratov confir...
2010-02-12 07:34:06
China's first converted semi-submersible
The first converted semi-submersible ship was put into operation in China. The ship was converted from a liquid petroleum gas (LPG) carrier, which is considered to be global origination as well. On February 6th 2010, it discharged a piling ship in...
2010-02-12 03:57:53
China launches first ECO-OSV
China’s first ECO-offshore support vessel (OSV) built by Tongfang Jiangxin Shipbuilding was launched on February 6th. The vessel will be operated in domestic Bohai Oil Field by China National Offshore Oil Corporation (CNOOC). The newbuilding ...
2010-02-11 14:51:38
Olsen orders wind turbine install ships
Norwegian owner Fred Olsen has splashed $320m on two new wind turbine installation ships. The Fred Olsen Windcarrier has signed on at Lamprell Energy for the $160m vessels, with two options attached. The ships will be built at the Jebel Ali y...
2010-02-10 08:32:38
Floating rigs glut
Owners of floating drilling rigs are facing a difficult market this quarter because of the surplus in semi-submersible rigs and drillships following a series of deliveries over the last six months. Since July, 14 newbuildings have been delivered,...
2010-02-10 08:28:02
Offshore plant orders kick-start
Shipbuilding industry which is suffering from the orders drought are hopeful for more orders as the orders for offshore plants have been continuing since the start of this year. Korea’s Hyundai Heavy Industries (HHI) announced on Feb. 8th that ...
2010-02-10 07:04:03
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