Hyundai Heavy Industries announced Monday it has won an order to build an ultra-deepwater drillship for Fred Olsen Energy. The contract also includes an option the Norwegian company can exercise to purchase a similar second drillship.
The drillship, measuring 229 meters long and with the water depth capacity up to 3,600 meters (12,000 feet), is due for delivery August 2013. HHI has won the most drillship orders so far this year with a total of 6 orders, along with options for additional three drillships.
In addition to the drillship order, the Ulsan-based company clinched an order to build four 5,000 teu containerships for Container Carrier Corp. This contract also includes an option exercisable by the Greece-based company to order four same class containerships. Including this order, Hyundai Heavy has won orders for 22 containerships this year.
So far in 2011, HHI has won 34 newbuild contracts worth a total of US $9.2 billion, 46% of 2011 target of US $19.8 billion.
Pictured: Signing Ceremony with Container Carrier Corp. (Mr. Kim Oi-hyun, senior executive vice president and CEO of Hyundai Heavy (fifth from left) and Mr. Gerry Ventouris, CEO of Container Carrier Corp.(seventh from left)
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 108,948 members that receive our newsletter.
Have a news tip? Let us know.
Panama's President Jose Raul Mulino responded "be serious, be serious" on Wednesday when asked in Davos whether he was concerned the U.S. would invade after President Donald Trump said he would take back the Panama Canal.
WASHINGTON, Jan 21 (Reuters) – The Trump administration has fired U.S. Coast Guard Commandant Admiral Linda Lee Fagan, the first female uniformed leader of an Armed Forces branch, for putting diversity issues over border security,...
HELSINKI, Jan 16 (Reuters) – The Eagle S tanker seized by Finnish authorities on suspicion of ripping up subsea cables will not face a separate criminal investigation into whether its fuel cargo violates sanctions...
Maritime and offshore news trusted by our 108,948 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
