Sunday, March 4, 2012
Thursday, February 16, 2012
Friday, February 3, 2012
DOF Rederi Takes Delivery of the Skandi Hawk from Cochin Shipyard
DOF Rederi II AS, a wholly owned subsidiary of DOF ASA, has today taken delivery of Skandi Hawk from Cochin Shipyard in India. The vessel is a combined Construction Support...
Thursday, January 26, 2012
Husky Energy’s SeaRose FPSO Prepares for Drydock at Harland and Wolff, the Builder of the Titanic
Harland and Wolff Heavy Industries Ltd (H&W) has been awarded the contract for the drydocking and service of the SeaRose Floating Production Storage and Offloading (FPSO) vessel. The 272-metre long,...
Friday, January 6, 2012
Hyundai Heavy Gets Right After it with a Pair of VLCCs and a Plan to Deliver 93 Ships
Hyundai Heavy Industries, the world’s biggest shipbuilder, hailed the New Year by naming two 318,000 DWT VLCC (Very Large Crude Oil Carrier) for an Indian shipping line, Great Eastern Shipping Company (GESCO)...
Tuesday, January 3, 2012
Keppel Adds Wind Power to their Business Portfolio, Follows DSME’s Lead
Singapore’s Keppel Corporation declared their intentions today to diversify their shipbuilding business portfolio and branch out into the wind energy industry. For about NOK 61 million, KV Ventus B.V., a wholly-owned...
Sunday, January 1, 2012
To Build or Not to Build: A Financial Analysis of Building a Ship
Executives of publicly traded shipping and offshore drilling companies have a legal duty to act in the interest of the shareholders of their respective organizations. To fulfill this duty, executives...
Tuesday, December 20, 2011
Growth and Expansion in Brazil with New Brazilian Shipyard
Singapore, December 20, 2011: Sembcorp Marine’s subsidiary Jurong Shipyard marked an important milestone in its growth and expansion strategy with the ground-breaking of Estaleiro Jurong Aracruz, the Group’s first overseas...
Friday, December 16, 2011
Gibraltar-Based Shipyard Takes Major Steps to Fulfill Rig Strategy
Gibraltar-based Gibdock’s key strategic aim to carve a niche in the growing regional market for jack-up and semi-submersible drilling rig repairs, maintenance and modification work, has moved an important step...
Friday, December 2, 2011
Huntington Ingalls Wins $46M Contract, World’s Largest 5-Axis Saw Put to Use
PASCAGOULA, Miss., Dec. 2, 2011 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) today announced that the company’s Ingalls Shipbuilding division has been awarded an advance procurement contract for work on the U.S. Navy’s...
Wednesday, November 16, 2011
Shipyard Protest – Forget Occupy Wall Street And Take A Lesson From Ms. Kim
Occupy Wall Street has grabbed the headlines but momentum is slowing and their message is falling on deaf ears in Washington. Maybe they would be more effective if they took...
Monday, October 17, 2011
A Canadian Shipbuilding Revolution: $35 Billion Announcement Pending
Contracts will soon be awarded to Canadian shipyards for an aggressive $35-billion shipbuilding project, the largest military procurement in modern Canadian history. The National Shipbuilding Procurement Strategy (NSPS) is a...
Friday, September 30, 2011
Keppel Shipyard Lands $142 Million In Conversion Contracts
Keppel Shipyard has secured three conversion contracts worth $142 million according to a company release. The contracts include the conversion of a Liquefied Natural Gas (LNG) Carrier to a Floating...
Tuesday, August 30, 2011
Lamprell CEO expects newbuild orders to increase in 2011 [INTERVIEW]
LONDON (Dow Jones)–United Arab Emirates-based oil rig engineer Lamprell PLC (LAM.LN) expects earnings in the second-half of the year to improve on first-half results as Saudi Arabia drives a resurgence...
Thursday, August 25, 2011
Shipyard Magic – One Crane Lifting a 10 Story Steel Block
Click on the image for the Hi-Resolution version 12,481 employees, 64 wheel powered hydraulic jack transporters, 1000 foot floating drydocks plus assorted gantry and tower cranes are some of the...
Friday, August 12, 2011
Wednesday, July 20, 2011
PREVIEW: Singapore Rig Builders 2Q Net Likely Steady; Outlook Strong
TAKING THE PULSE: Singapore rig builders are likely to report higher second-quarter net profits amid a steady rise in orders as drillers replace old fleets and step up exploration and...
Thursday, July 14, 2011
Sembcorp Marine: Unit Secures Contract Worth Close To S$600M
SINGAPORE (Dow Jones)–Sembcorp Marine Ltd. (S51.SG) said Thursday its unit, SMOE Pte. Ltd., has secured a contract close to S$600 million to construct an offshore production platform that will be installed...
Tuesday, June 28, 2011
Brazil OSX Gets Go-Ahead To Start Building Acu Shipyard
RIO DE JANEIRO (Dow Jones)–Brazilian oil-field services company OSX Brasil SA (OSXB3.BR) said Monday that it had received approval to start construction of a shipyard at the Acu Port complex in...
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