Maersk to send ITB for Tyra field [Offshore]
While Maersk Oil reached an agreement with the Government of Denmark which will facilitate future oil and gas investments in the Danish North Sea and protect industry jobs in Denmark, it is expected to send invitation letter to bid (ITB) for the ...
2017-04-14 07:07:52
Chinese yards continuingly win loss-making orders [Shipbuilding]
Even though the bulker price turns to rebound trend with newbuilding inquiries increased, Chinese shipbuilders turns out to have won loss-making orders constantly. According to TradeWinds and industry, one shipbuilding expert noted that the ...
2017-04-14 07:06:30
Idle boxship capacity decreases sharply [Shipping]
It emerged that the capacity of idle containership has sharply been lowered against a backdrop of rising charter rates for containership. The UK ship broker Affinity Research has recently conveyed that the idle list has been reduced by 0.1m te...
2017-04-14 07:04:39
Japanese export ship orders surge [Shipbuilding]
Japanese shipbuilders have been successful in winning new orders for two-digit number of export vessels in March this year that it is said the Japanese shipbuilding industry hit the bottom. It turns out that they have exceeded 1 million tons (GT)...
2017-04-14 07:03:57
DSME CEO sure for making profit [Finance]
Chung Sung-Leep, CEO of Daewoo Shipbuilding & Marine Engineering, announced on April 13, "We will record surplus in the first quarter of this year," and added, "After three years, Daewoo will make unexpected good results." He made the comm...
2017-04-14 07:02:56
Aker BP's drilling exploration well consented [Offshore]
Aker BP announced on April 11 that it has received consent to drill an exploration well in the Frigg Gamma Delta prospect. Aker BP ASA (Aker BP) is the operator of production licence 442 in the North Sea. Aker BP has made a discovery in a pros...
2017-04-13 07:36:35
Ocean Rig engages Fearnley's and Clarksons [Finance]
Ocean Rig UDW (the “Company” or “Ocean Rig”) announced on April 11 that it has engaged Fearnley Securities AS (the “SSN Advisor”) to solicit support for the scheme of arrangement contemplated by the company’s direct subsidiary Drill...
2017-04-13 07:36:00
LR nets FPSO inspection deal [Offshore]
It turned out that Lloyd's Register has won an inspection contract with Bumi Armada Berhad for their Armada Olombendo FPSO. The contract agreement provides Bumi Armada with access to Lloyd’s Register’s risk-based inspection services and te...
2017-04-13 07:35:15
GMS clinches three new SESV deals [Offshore]
Gulf Marine Services (GMS) announced on April 10 that it has been awarded two new long-term contracts in Europe to support wind farm projects for an international energy company.  The new contracts, scheduled to commence in Q2 2018, are f...
2017-04-13 07:34:50
Wood Group snares two new FEED deals [Offshore]
Wood Group conveyed on April 10 that it has been awarded a contract by Premier Oil to deliver front end engineering design (FEED) to the Tolmount offshore field development in the Southern North Sea.   Effective immediately, Wood Group wi...
2017-04-13 07:34:01
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