Offshore
Daewoo wins $750m orders
Daewoo Shipbuilding & Marine Engineering, said on Saturday that it had won orders totalling $750 million. Part of the orders came from Angelicoussis Shipping Group of Greece, for which Daewoo will deliver one plus one oil tankers and two bulk car...
2010-01-08 17:54:20
Posco promotes offshore biz
Mr Jung Jun-yang, chairman of South Korea’s largest steel maker Posco, said in his new-year message that the company will strengthen its offshore plant business. Regarding his remark, industry pundits guess Mr Jung is considering the acquisition...
2010-01-08 14:34:35
Brazilian buys FPSO newbuilding
Brazilian shipbuilding upstart controlled by EBX revealed Wednesday that it has purchased an FPSO from troubled Nexus Floating Production. OSX, an arm of the Eike Batista-controlled conglomerate, said in a filing with the Sao Paulo Stock Exchange ...
2010-01-07 07:15:32
Close with zero orders
An outstanding option at Daewoo for Brunei LNG looks very unlikely to bring the total above the line. Daewoo Shipbuilding & Marine Engineering (DSME) could be poised to scoop an order for an LNG carrier early in the year but 2009 to close with n...
2010-01-06 08:32:21
Siem fixes $22m deal
Siem Offshore has tied up a $22m deal for one of its multipurpose-support vessels, foreign media reports. Oslo-listed Siem says the 11,700-bhp Siem Dorado (built 2009) will join Adams Offshore on a three-year bareboat charter. In a statement ...
2010-01-06 06:27:18
$17m DSV newbuild order
Oceaneering International has reportedly ordered a dive support vessel (DSV) at an unnamed US shipyard. The Houston-based offshore vessel owner says the 61-by-14-metre newbuilding will be costing $17m. The owner did not identify the yard but ...
2010-01-06 06:10:16
Hyundai focuses on plant orders
South Korea’s Hyundai Heavy Industries is focusing on securing orders for onshore plants from the Middle East by setting 2010 management key words as ‘Innovation & Challenge’. The world’s largest shipbuilder plans to enhance company operat...
2010-01-05 14:49:03
Offshore orderbook fear
A huge uncommitted orderbook is casting a dark shadow over an already oversupplied offshore supply vessel sector. Anchor handling tug supply (AHTS) vessel deliveries are set to jump by 84% compared with 2009 and 90% of the ships do not have a lon...
2010-01-05 07:33:41
Daewoo wins four 177K LNG carriers
Gazprom has reportedly ordered four tankers at South Korea’s Daewoo Shipbuilding & Marine Engineering. The Russian owner will take delivery of the quartet, which will be deployed on the Shtokman project, in 2015 and 2016, said deputy chief Aleks...
2010-01-05 07:06:39
Trico cancels four
Trico Marine will take a hit of up to $130m in the fourth quarter following the cancellation of four newbuildings in India, the company warns. Slack markets and chartering difficulties further hurt its earnings in the final three months of the ye...
2010-01-04 06:58:55
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