Offshore
Solstad lays up two PSV
Norwegian company Solstad Offshore has stacked up two vessels which have come to the end of long-term contracts. It also warns significant exposure to the PSV spot market will hurt its performance in the winter period. Oslo-listed Solstad con...
2009-11-10 05:14:16
PNG LNG inks supply deal with Sinopec
Papua New Guinea's Oil Search company will start shipping liquefied natural gas to China from the end of 2013, after signing of an agreement with China’s Sinopec Group, according to foreign media reports. The partners in the first LNG project in Pa...
2009-11-09 05:30:23
Aker to obtain containment system approval
Norwegian offshore engineering and construction company Aker Solutions is expecting to receive class approval for the design of its LNG-containment system shortly and could start construction of the first units next year. "Classification society Det ...
2009-11-09 05:17:15
Mitsui lays up 2nd LNG ship
A Japanese giant has decided to berth another newbuilding in South Korea. Japanese shipowner Mitsui OSK Lines (MOL) has decided to lay up a second LNG newbuilding at a South Korean shipyard. According to industry sources, MOL has formally taken d...
2009-11-08 02:28:58
Simek wins PSV
Norway’s Havila Shipping board of directors has decided to order a platform supply vessel at compatriot Simek Shipyard. Havila said in a regulatory filing that it is to order the newbuilding at the shipyard for delivery in the third quarter 2010...
2009-11-06 12:24:07
Sembcorp builds New Yard
Sembcorp Marine unveiled its plans to develop an integrated new yard facility at Tuas View Extension in the west of Singapore to cater to its marine and offshore businesses. The yard is expected to provide a centralised and integrated “one-stop sol...
2009-11-06 07:34:27
Brazil new yard confirmed
An official from Construcap, a Brazlian construction company, confirmed that the firm is in talks to build a yard in southern Brazil to take part in Petrobras drilling unit tenders. The Sao Paulo-based company's offshore projects head, Reginaldo S...
2009-11-06 07:28:11
Delays lead to cancellations
GC Rieber blamed the disputed cancellation of a newbuilding on significant delays at Otto Marine's Batamec yard. But the Oslo-listed offshore vessel owner and manager confirms that the cancellation likely to become the subject of arbitration by Ot...
2009-11-05 07:41:12
Big oil find in Bohai Bay
CNOOC Ltd, a subsidiary of the China National Offshore Oil Corp, announced that it has discovered a new oil field in the central and northern part of the Bohai Sea, local sources reported. The new find, to be called Qinhuangdao 35-4 or QHD35-4, is...
2009-11-05 07:29:12
Majors focus on plants
South Korea’s major shipbuilders are strengthening their plant business while their shipbuilding division is diminishing. As for Hyundai Heavy Industries’ third quarter actual business results, the share of shipbuilding revenue, of the total s...
2009-11-05 06:46:46
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