Dalian Shipbuilding News

 

Sembcorp Marine divests CSG stake

Nov 15, 2016

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…

Fincantieri to buy out Vard

Nov 14, 2016

Italy's Fincantieri has offered to buy out all the shares in shipbuilder Vard.  Shipbuilding group Fincantieri, which is listed in Italy and is currently the majority shareholder in Vard, with 55.63% of shares, is offering S$0.24 a share in cash for Vard…

Vard terminates Rem vessel deal

Jun 29, 2016

Vard Holdings has terminated a shipbuilding contract for one offshore construction and anchor handling vessel with Rem Offshore in return for compensation. The contract with REM was struck last year in June 2014, and the vessel is already in the early stages of construction…

HHI's shrinking shipbuilding leads to layoffs

May 09, 2016

Hyundai Heavy Industries (HHI) is spurring efforts to enhance its competitiveness by implementing intense management reform plans including the voluntary retirement of manager-level employees, the company announced today. “Along with the 25% cut of senior managers last month…

Ocean Rig weighs scrapping two semis

Oct 08, 2015

Due to continued challenging market conditions, Athens, Greece-based rig provider Ocean Rig announced that if no future work is found for two of its fifth generation ultra-deepwater semisubmersible rigs – the Eirik Raude and Leiv Eiriksson – they could be scrapped…

Primeline mobilizes to East China Sea

Sep 18, 2015

Primeline Energy Holdings announced that its drilling contractor China Oilfield Service (COSL) started the mobilization of the rig for the drilling operation of LS23-1-1 well, in the East China Sea. Following the signing of the drilling…

Huisman wins Maersk crane order

Jan 26, 2015

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…

EFC completes jackup rig order

Jan 14, 2015

Instrumentation, monitoring, control and handling systems firm EFC Group has completed a £1.3million {$2.2million} contract to design and build a BOP and diverter control system for China based Dalian Shipbuilding Industry Offshore Co (DSIC Offshore)…

Arctech Helsinki bought out by Russians

Dec 31, 2014

Arctech Helsinki Shipyard has moved into full Russian ownership after United Shipbuilding Corporation bought the other half of the company's shares from STX Finland. Finland based Arctech Helsinki Shipyard was founded in December 2010…

ABB wins Wuchang Shipbuilding contract

Dec 08, 2014

A new offshore construction vessel, to be built by Wuchang Shipbuilding Industry Group Co. will be the first to include ABB’s integrated power and automation solution, which consists of the company’s power, propulsion, and 800xA control and safety system…

Maersk Supply orders up to 6 supply vessels

Aug 13, 2014

COSCO (Dalian) Shipyard Co., a subsidiary of COSCO Corporation's 51% owned subsidiary, COSCO Shipyard Group Co., has secured contracts worth more than US$470 million, excluding owner-furnished equipment, from Maersk Supply Service (part of the A…

SKF selected for first international order

Aug 06, 2014

SKF has been selected to deliver Nautilus bearings for Dongfang Electric New Energy Equipment (Hangzhou) Co Ltd.’s first order of wind turbines outside China. Dongfang Electric New Energy Equipment is a leading manufacturer of wind turbines to a broad range of customers in China…

Kongsberg secures Chinese contracts

Jul 18, 2014

Kongsberg Maritime’s ‘Full Picture’ solution has been selected by Chinese and Korean shipbuilders for 13 advanced newbuild offshore vessels with a total value of NOK330 million. Dalian Shipbuilding Industry Offshore Co. (DSIC), CIMC Raffles (CIMC)…

Joint venture agreement to boost Russian shipbuilding

Jun 18, 2014

Russian based Rosneft announced a joint venture agreement regarding implementation of vessel, drilling rig, and marine equipment construction and design projects that was signed at the 21st World Petroleum Congress on 16 June. The joint venture was entered by Rosneft…

Crimean firm takes NorYards stake

May 29, 2014

Norwegian offshore services and shipbuilding firm Bergen Group and Calexco have finalized a deal which sees Bergen Group sell its majority interest in NorYards to Calexco.   NorYards is now 70% owned by Calexco, and 30 % by Bergen Group…

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