Shift to Offshore Rig Building Leaves Samsung Heavy with Mountains of Debt
(Bloomberg) — Samsung Heavy Industries Co. plans to offer 500 billion won ($440 million) of bonds next month as South Korean shipyards sell a record
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(Bloomberg) — Samsung Heavy Industries Co. plans to offer 500 billion won ($440 million) of bonds next month as South Korean shipyards sell a record
SINGAPORE–Triyards Holdings, a unit of offshore services provider Ezra Holdings, has been granted conditional eligibility to list on the mainboard of
The Port of Miami on Friday announced that it has struck a deal with the U.S. Army Corps. of Engineers that allows for a massive dredging project to go
Lamprell (ticker: LAM), a UAE-based provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewables
The Saudi Port Authority has recently taken delivery of three Robert Allan designed RAmparts 3200-W tugs. The tugs, named Rasalkir 1, Rasalkir 2 and Rasalkir
Rolls-Royce announced today they have secured an £8 million contract to design and power a highly specialised buoy tender vessel for India. While operating in
Aker Philadelpha Shipyard (Oslo: AKPS) breathed a huge sign of relief today as it signed a contract with Jacksonville-based Crowley Maritime Corporation for
Keppel FELS is set to deliver the world’s largest multi-purpose offshore wind turbine installer ahead of schedule to Seafox Group, the Singaporean
HONG KONG–China Rongsheng Heavy Industries Group Holdings Ltd. said it has decided to withdraw its CNY2.15 billion (US$336 million) bid to buy a Chinese
Seattle-based Jensen Maritime Consultants, a Crowley Maritime Corporation company, announced today that it has expanded its presence to the U.S. Gulf with
Scheldepoort Repair & Conversion Yard has been awarded a contract to convert the jack-up drilling rig ‘Shelf Explorer’ into offshore hotel
SEOUL–The world’s top two shipbuilders on Monday posted sharp declines in their second-quarter net profit, bled by the heavy discounts they have
The M/V Tønsberg, a RO/RO vessel was recently voted Ship of the Year. Fathom CTech’s Pete Lockley explored with the owners just what makes this
(Bloomberg) — A.P. Maersk-Moeller A/S’s planned fleet of the world’s largest container vessels will be as groundbreaking for their shape as
SHANGHAI—One of China’s largest shipbuilders said Wednesday that it canceled eight shipbuilding contracts during the second quarter because
Singapore-based Sembcorp Marine announced today that they have secured contracts worth approximately USD $4 Billion from Sete Brasil ParticipacÇ’es S.A.
Principals of Rethymnis & Kulukundis Ltd., the UK-based shipbrokers and agents, have taken delivery of the first vessel built at Daewoo Shipbuilding and
Smit Lamnalco, a global provider of towage and associated marine services to offshore oil and gas terminals, placed an order today for a series of four 32m
To meet the increased need of polar scientific research, China’s State Oceanic Administration (SOA), Chinese Arctic and Antarctic Administration
(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd., which hasn’t announced any 2012 ship orders, may find winning deals even harder
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