Offshore
Hyundai pens $1.4bn Myanmar project
Hyundai Heavy Industries held a formal signing ceremony on Tuesday for the $1.4bn Myanmar SHWE gas field project. The ceremony was attended by Hyundai Heavy president Oh Byung-uk, Daewoo International president Kim Jae-yong, etc. The project is...
2010-02-23 14:14:18
Sembcorp profit soars
Strong rig-building activity and reduced foreign exchange losses led to an “exceptional” rise in full-year profit at Singapore’s Sembcorp Marine. The builder and repairer posted its highest ever profit in the fourth quarter which led to the...
2010-02-23 08:30:15
Aker-Phil needs new orders to survive
Aker Philadelphia Shipyard has warned that it will go out of business unless it secures new orders beyond the four Jones Act product tankers it is finishing. The company also hinted that unless new orders are found, deliveries of the four current...
2010-02-23 08:25:36
‘Buy’ Samsung
IBK Securities recommended ‘buy’ on the shares of Samsung Heavy Industries on Feb. 22nd, as the company has the highest competitiveness in offshore business sector in the world and it stands to benefit the most from the recovery in the offshore p...
2010-02-23 07:13:24
MOL winner of PNG tender
Insiders say Mitsui OSK Lines (MOL) has beaten out AP Moller-Maersk in a tender for two existing ships. Japanese shipowner Mitsui OSK Lines (MOL) is believed to have emerged as the winner of a tender to supply LNG carriers to the ExxonMobil-led P...
2010-02-22 13:18:03
Hyundai eyes offshore plants
Although shipbuilding industry is still in the doldrums, the world’s largest shipbuilder Hyundai Heavy Industries (HHI) is spurting more. As some positive evaluation that HHI is growing into a synthesized heavy industry company is coming out, forei...
2010-02-22 07:24:36
China boosts offshore development
China which has been in aggressive quest of oil resources abroad is now turning its eyes to the exploitation of offshore oil resources at home. Industry sources said that according to the ‘2010 oil and gas development project’ that China Nati...
2010-02-19 07:19:49
Fugro lands NGH exploration job
UK Company Fugro Well Services is to carry out a six-week drilling program in the East Sea off South Korea starting on April 1 to explore the area’s natural gas hydrate (NGH) reserves, South Korea’s Ministry of Knowledge Economy has confirmed. Fu...
2010-02-18 08:38:09
Fincantieri wins Carnival new orders
Carnival has unveiled a memorandum of agreement with Fincantieri for two cruiseship newbuildings built to a new prototype for its upmarket Princess brand, at a cost of €1.1bn ($1.5bn) for both ships. The order remains subject to a definitive a...
2010-02-18 08:29:47
Crowley orders tugs at Bollinger
Crowley has signed a contract with Bollinger Shipyards to build two newly designed ocean going tugboats, with options for additional vessels. The 10,880-horsepower tugs are the beginning of a newbuild program at Crowley to boost its ocean towing,...
2010-02-17 09:57:19
Start  Prev  751  752  753  754  755  756  757  758  759  760  Next  End