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
(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
Lamprell (ticker: LAM), a UAE-based provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewables
SINGAPORE–Keppel Corp. Ltd. (BN4.SG) Tuesday said unit Keppel FELS Ltd. has signed a US$315 million contract to build a semi-submersible accommodation
Aker Philadelpha Shipyard (Oslo: AKPS) breathed a huge sign of relief today as it signed a contract with Jacksonville-based Crowley Maritime Corporation for
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
(Bloomberg) — Daewoo Shipbuilding & Marine Engineering Co. won a 2.22 trillion won ($1.96 billion) order to build five fixed platforms as rising
Fincantieri’s Manfalcone shipyard on Thursday launched Princess Cruises new flagship, Royal Princess, which is the largest ship ever built by the Italian
Arctech said Wednesday that it plans to deliver the harsh-environment offshore supply vessel Vitus Bering four months ahead of schedule at the request of
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
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
SINGAPORE–Keppel Corp. Ltd. (BN4.SG) Tuesday said it has firmed up contracts to build five additional semisubmersible drilling rigs for Sete Brasil
Petrobras signed contracts today with Sete Brasil, Queiroz Galvão, Petroserv, Odebrecht, Odfjell and Seadrill for the chartering and operation of 12
The SS-097 is the last in a series of six newly acquired bulk carriers by Ugland Bulk Transport of the same design. The pool operating company Ugland Bulk
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
Odfjell announced today they have signed a newbuild contract worth close to USD $160 million with Hyundai Mipo Dockyard for four new 46,000 DWT chemical
(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd., which hasn’t announced any 2012 ship orders, may find winning deals even harder
(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd. plunged to its lowest level since 2010 in Hong Kong trading after the U.S. Securities
RIO DE JANEIRO–Brazilian shipbuilder and oil-field-services company OSX Brasil SA (OSXB3.BR), part of billionaire businessman Eike Batista’s
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