Singapore-based Sembcorp Marine entered into an agreement to sell its 30% stake in Cosco Shipyard Group (CSG) in a US$156 million (S$220.68 million) deal with China Ocean Shipping Group Co. (COSCO), eliminating the majority of Sembcorp’s interest in CSG…
Sevan Drilling and Cosco have agreed to exercise the third six-month option to extend the deferral agreement of the Sevan Developer cylindrical drilling rig to 15 April 2017, delaying the unit an additional six months. The final delivery instalment has been amended to US$499…
Exmar's barge-based FLNG unit, at one time meant to operate off the coast of Colombia, has completed performance testing at Wison Offshore & Marine's Nantong, China yard, the engineering firm announced on 27 September. While the deal…
Teekay Offshore is to take a hit of US$43.7 million after cancelling construction contracts for two flotels, described by Teekay as units for maintenance and safety (UMS). The firm also says it suffered a drop in income due to its Arendal…
Sevan Drilling and Cosco have agreed to defer delivery of the new-build Sevan Developer cylindrical drilling rig for another six months. The deepwater unit is being built by Cosco, but has faced construction delays. Meanwhile, Sevan has seen a slowdown in contract awards for deepwater units…
MacGregor signed a contract to supply its Pusnes technology to the COSCO Shipyard Group in China. Upon the terms of the agreement, MacGregor will design, manufacture, deliver and commission complete Pusnes loading systems for two cargo transfer vessels (CTVs)…
In this video, EXMAR shows a time-lapse video of the construction of the Caribbean FLNG at Wilson Shipyard, located in Nantong China. In EXMAR's 2Q 2015 report, the company revealed that pre-commissioning of the Caribbean FLNG ws proceeded as planned for 3Q…
COSCO Shipping Co. Ltd. (COSCOL) has signed a contract with Shell Offshore Inc. for the transportation of the Appomattox semisubmersible offshore platform hull from South Korea to Ingleside, Texas. This contract was awarded as part of an enterprise frame agreement between Shell and COSCOL…
The construction of EDrill-3 semitender rig in COSCO’s Guangdong shipyard is in the final phase of testing and commissioning, reports Energy Drilling. EDrill-3 is a four-column, Ocean Class design by MSC Gusto. Edrill-3, which was designed to work in both shallow and deep waters…
German navigation system manufacturer Raytheon Anschütz announced new contracts for the delivery of Synapsis Integrated Navigation Systems (INS) to five 14,500TEU container vessels built at Hudong-Zhonghua Shipbuilding Co.. The new…
Watch as Teekay Offshore’s first unit for maintenance and safety (UMS), the Arendal Spirit, arrives safely to Rio de Janeiro, Brazil after departing the COSCO shipyard in China. Arendal Spirit will now undergo an extensive testing…
Teekay Offshore provides a look at their newest first floating accommodation vessel, the Arendal Spirit, during its sea trials. Teekay took delivery of the vessel from Cosco's Nantong yard just this week. The Arendal Spirit is…
Teekay Offshore Partners has taken delivery of its first floating accommodation vessel, the Arendal Spirit, from Cosco's Nantong yard. The unit, a Sevan Marine cylindrical design, has accommodation for 500 people. A further two vessels are on order…
COSCO (Dalian) Shipyard awarded Huisman a contract for the delivery of four customized 400mt rope luffing knuckle boom cranes and two 100mt knuckle boom cranes onboard four new subsea support vessels (SSVs) for Maersk Supply Service. MT 6027…
Mexico’s Cotemar S.A. De C.V. took delivery of its new emisubmersible vessel from Cosco (Nantong) Shipyard Co. The vessel, Neptuno, measures 91m in length, 67m in breadth and 27.5m in depth.
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