The Daewoo Shipbuilding Marine & Engineering Co. (KSE:042660), the world’s second-largest shipbuilder, said Monday it had won a 467 billion won (US$504 million) order to build an offshore drill ship.
Keppel FELS Limited (Keppel FELS) is on course to deliver another KFELS Super B Class jackup drilling rig to repeat customer, Sinvest AS (Sinvest), a subsidiary of Aban Singapore Pte Ltd (Aban) on time and within budget.
South Korea’s Posco is considering lifting its output of shipbuilding plates next year by 1.5 million to 2 million metric tons a year to meet rising demand, a company spokeswoman said Saturday.
On Friday June 15th in the tug base of Svitzer Australia the name giving of two new Damen built ASD Tugs 2411 took place. The two tugs had just recently arrived safely after their journey from Haiphong, Vietnam. The naming of the ‘Svitzer Colmslie’ was performed by Mrs Beth Coleman while Mrs Tricia
South Korea’s Daewoo Shipbuilding & Marine Engineering said Sunday it has completed construction on a US$100 million (HK$780 million) block plant in China as part of its mid-term growth strategy.
To coincide with the America’s Cup in Valencia from April-June 2007 this year, The Superyacht Cup Palma will be held on the 16th -19th June and labeled as a ‘Palma Superyacht Week’. The week has been scheduled between the end of the Louis Vuitton Challenger Series for the America’s Cup (12th June) a
South Korean shipbuilders are expanding their manufacturing facilities abroad on the back of the vibrant market, despite nationalistic criticism that such overseas investments may cause inadvertent technology transfer to strong competitors such as China.
On June 6 a cooperation agreement was signed by and between Damen Shipyards Gorinchem and Song Thu Company in Danang, Vietnam. The agreement comprises an intense form of cooperation between the two companies for the next five years.
GANDHINAGAR: Engineering and construction major Larsen & Toubro (L&T) is planning to set up a mega ship-building facility in Gujarat. It is exploring possibilities of developing a facility at Kachhigarh, a coastal site located near Okha port in Saurashtra.
At about 116 feet (35m), Hye SeasII is slightly smaller than Sea Shaw and cost a whopping $25 million. It was the biggest boat on show at international boating event Boat Asia 2007, held in April this year. The Italian-made Azimut-116 is believed to be the only one of its kind in Asia.
A tug boat central to the salvage operation for the Pasha Bulker, stranded off a Newcastle beach, will arrive in the port city on Thursday. The Pacific Responder is sailing from Queensland to Newcastle ahead of the big tides necessary for refloating the 40,000 tonne vessel, which is wedged on a sand
The three day celebration of the finest fleet of sailing superyachts ever assembled in one location starts on Sunday 17th June with the Fortis Day at The Superyacht Cup Ulysse Nardin. The final day of preparation saw the dockside atmosphere absolutely alive with expectation as many of the superyacht
A contract for light well intervention (LWI) with Island Offshore Management and its alliance partners FMC Technologies Inc and Aker Kvaerner Well Services has been expanded by Statoil.
Statoil, together with the Industrial Development Corporation of Norway (Siva) and the Norwegian Ministry for Local Government and Regional Development, have established two regional incubator positions in northern Norway. The incubatees will be part of building up an effective oil and gas industry
