Latest News – Page 858
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Bharati bags PSV order
India-based Bharati Shipyard has bagged an order for two Rolls-Royce designed UT 755LN platform supply vessels from Opielok Bereederungs of Germany. The total price of each vessel is $26.50 million totaling $53 million. The vessels will be operating in the North Sea under harsh environment and will be capable of ...
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Cosco orders two semi-subs
Cosco Shipping Co Ltd of Guangzhou, China, has signed a contract for two large semi-submersible heavy-lift newbuildings with Guangzhou Shipyard International for delivery in September 2010 and March 2011. This is the second contract signed as part of Cosco???s newbuilding programme for the semi-submersible transport and installation market. The purpose-built ...
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GE signs contract for new vessels
The Singapore unit Greatship (India) Ltd, a subsidiary of Mumbai-based Great Eastern Shipping Co (GE), had signed a contract for two new multi-purpose platform supply and support vessels. The contract has been signed between Greatship Global Offshore Services Pte Ltd, Singapore and the Indian shipbuilder Mazagaon Dock Ltd. These 4,600 ...
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Garware Offshore orders barge
Diversifying services from its core business of leasing out ships for oil and gas exploration, Garware Offshore Services Ltd in India is acquiring a construction barge from a Chinese shipyard for $25 million. According to a company official, the contract details have been discussed and the order will be finalised ...
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Japanese order Incat Crowther cat
Incat Crowther has completed negotiations for the design and construction of a 32m catamaran ferry for Ishigaki Dream Tours in Japan. The vessel will be built by Richardson Devine Marine at their new facility in Hobart, Tasmania.The 32m high speed catamaran ferry will be capable of carrying 257 passengers. The ...
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UK yard plans new base in India
The South Tyneside engineering company McNulty is planning to open a shipyard in India. The McNulty yard in the UK has been building oil rigs and floating oil production vessels for about 20 years but, now that the North Sea oil is running out, the company wants to open its ...
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Hallin contracts new SOV
Hallin Marine, the Singapore-based provider of subsea solutions to the oil and gas industry, has signed a contract for the construction of an 80 metre DP2 subsea operations vessel. The vessel, to be named the ???Windermere???, is scheduled for delivery in the second quarter of 2010 from the Singapore yard ...
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DOF confirms option with Aker
Aker Yards has signed a contract with DOF Installer ASA for the building of a highly sophisticated Anchor Handling Tug Supply (AHTS) vessel. The value of the contract for the fourth vessel is approximately NOK 765 million ($142 million). The vessel is a declaration of an option on the contract ...
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Oceanteam secures two more options
Oceanteam Power & Umbilical ASA has secured two additional options with the Spanish shipbuilder MetalShips & Docks, SUA to build construction support vessels with delivery third quarter 2011 and third quarter 2012. Oceanteam will target the vessels at its established Subsea - and Power & Umbilical installation services markets with ...
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GulfMark newbuilding programme
Houston-based GulfMark Offshore recently ordered a $130 million, five vessel addition to the existing newbuild programme, including three 3,000 dwt platform supply vessels (PSVs) built to U.S. flag requirements and two 10,000 BHP anchor handling, towing, tug supply vessels (AHTSs). Of the five new builds, the two AHTS vessels will ...
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Tata NYK to acquire 10 more bulkers
Singapore-based Tata NYK Shipping Pte Ltd, the 50:50 joint venture shipping firm set up by India???s largest and the world???s sixth biggest crude steel maker, Tata Steel Ltd, and Japanese shipping major NYK Line, will expand its fleet by inducting 10 more bulk carriers to meet rising demand for shipping ...
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South Africa commissions first platform shipyard
South Africa's first shipyard to construct oil and gas production platforms was opened earlier this week, providing a foothold for the country to take advantage of a booming oil sector in Angola and other West African countries.South Africa is hoping the 200 million rand plant, part of a 1.7 billion ...
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MISC to upgrade shipyard
MISC Bhd, the Malaysian shipping company with a big stake in the LNG market, has allocated about RM1.5 billion ($450 million) over the next four to five years to upgrade and expand its subsidiary unit Malaysia Marine & Heavy Engineering (MMHE) shipyard. To date, about RM150 million has been spent ...
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Greatship orders another PSV pair
Keppel Singmarine Pte, a wholly owned subsidiary of Keppel Offshore & Marine, has secured a repeat contract from Greatship Global Offshore Services Pte to build two platform supply vessels. Deliveries for these two PSVs will be between end 2009 and the first quarter of 2010. The vessels are similar to ...
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Aker to build more PSVs for "K" Line
Aker Yards has signed a contract with "K" Line Offshore AS to build four platform supply vessels of Aker Yards design. The total value of this contract is approximately NOK 1.4 billion ($258 million) and delivery of the four vessels is scheduled between fourth quarter of 2010 and third quarter ...
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ABG to build MAN engines
Indias biggest private sector shipbuilder ABG Shipyard Ltd will invest about $100 million (Rs394 crore) to set up a factory at Dahej in Gujarat that will make diesel engines for ships through a technical collaboration with Germanys MAN Diesel. We are finalizing the details of the proposed tie-up with ...
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Siem orders two more AHTSs
Kleven Verft in Ulsteinvik, Norway, in cooperation with its sister yard Myklebust Verft, has signed two contracts with Siem Offshore Inc. of Kristiansand, Norway, for the delivery of two large and environmentally friendly anchor handling vessels of the Vik Sandvik design VS 491 Clean Design. Siem Offshore already has 10 ...
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Canadian firms line up for frigate work
Canadian defence firms are lining up to bid on a $1 billion contract to upgrade the Royal Canadian Navy's frigates, promising a boost in employment on the West Coast. The Canadian government will issue a request for proposals by the end of November for the project to install a new ...
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Hyundai Mipo wins European bulk carrier order
South Korea's Hyundai Mipo Dockyard Co Ltd, an affiliate of Hyundai Heavy Industries Co, has secured an order worth $474 million from an unnamed shipowner in Europe. Under the contract, the shipbuilder is required to build 10 bulk carriers for the European client by November 2011. The value of the ...
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SembCorp purchases stake in Indian shipyard
The Singapore company SembCorp Marine, the world's second-largest builder of offshore oil rigs, is paying SGD 29 million ($19 million) for a stake in an Indian shipyard. The purchase of a 3.31% stake in Pipavav Shipyard Ltd (PSL) is the Singapore company's first investment in India. With the investment, SembCorp ...
