DSME sells undelivered drillship [Offshore]
Daewoo Shipbuilding & Marine Engineering (DSME) has recently announced that it sold one undelivered drillship. With the sale, the Korean shipbuilding tycoon has been paid about KRW 410bn (approximately $352m) and secured liquidity. DSME...
2019-05-02 15:17:59
Mitsui E&S awarded Ultramax duo [Shipbuilding]
Mitsui E&S Shipbuilding of Japan seems to have won two Ultramax bulkers from its compatriot shipowner Doun Kisen. According to broker source and foreign media outlet, the 66,000 dwt duo is slated for delivery from the end of 2020 to the be...
2019-05-02 14:36:25
India's ABG Shipyard goes to liquidation [Finance]
India's largest privately-owned shipyard ABG Shipyard will go through the process of liquidation under the recent order of the National Company Law Tribunal (NCLT). According to industrial source and foreign press, Liberty House, which had sug...
2019-05-02 13:58:21
Northern exercises drillship option at DSME [Offshore]
Northern Drilling announced on April 30 that it has exercised the option for Cobalt Explorer, a 7th generation DP3 and ultra-deepwater drillship from Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME) for a total consideration of $350 mi...
2019-05-02 07:39:06
Oceaneering to digitalize Pacific Drilling's fleet [Offshore]
Pacific Drilling announced on April 29 that the company and Oceaneering International have entered into an industry-first, five-year Digital Services Package agreement to provide Pacific’s customers with better reliability and improved throughp...
2019-05-02 07:32:19
FID taken on Changhua 1 & 2a wind farm [Offshore]
Ørsted’s Board of Directors has taken the final investment decision (FID) on the Changhua 1 and 2a offshore wind farm in Taiwan. Prior to the FID, Taiwan’s Ministry of Economic Affairs approved Ørsted’s local supply chain plan, and subseq...
2019-05-02 07:28:41
MacGregor completes first offshore fibre-rope crane [Equipment]
MacGregor, part of Cargotec, announced on April 30 that the company has completed the construction of FibreTrac, the first fibre-rope offshore crane to enter the market. The crane's full potential is being validated and its capabilities have rece...
2019-05-02 07:25:48
Boskalis to install cable in Hornsea 2 wind farm [Offshore]
It turned out that Royal Boskalis Westminster N.V. (Boskalis) has been awarded the offshore export cable installation contract for the Hornsea 2 offshore wind farm. The contract with a value greater than EUR 100 million was awarded by Ørsted Win...
2019-05-02 07:23:37
PG Flow wins pumps for new wellboat [Equipment]
Aas Mekaniske Verksted announced on April 29 that the Norwegian shipbuilder has awarded pump and liquid handling specialist PG Flow Solutions a contract to deliver pump systems to a wellboat the shipyard is building for Brønnbåt Nord AS. PG ...
2019-05-02 07:20:51
Percepto demonstrates 5G autonomous drones [Equipment]
Percepto recently announced that it has successfully demonstrated its autonomous drones over SK Telecom’s 5G trial network. SK Telecom is the largest mobile operator in Korea, leading the world in the field of mobile telecommunications by comme...
2019-05-02 07:17:50
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