Shipbuilding News


Kwispaa LNG Signs FEED Contract of Two At-Shore LNG Hulls

Sep 19, 2018

The Kwispaa LNG Project achieved a significant milestone in its development this week as Kwispaa LNG signed a contract with Hyundai Heavy Industries for the Front-End Engineering and Design (FEED) of two At-Shore LNG hulls.This follows the recent Invitation to Tender to shortlisted EPC (engineering…

Samsung Heavy in Talks to Resolve Nigeria Industry Zone Dispute

Sep 14, 2018

The Nigerian arm of Samsung Heavy Industries is in talks to resolve a court action launched by an industrial zone in the west African country where the company has been building a floating oil platform for Total, Samsung Heavy said on Friday…

NASA Welding Technologies Could Revolutionize Workboat Fabrication

Sep 14, 2018

Solid-State Welding Processes Being Developed for NASA Manufacturing Programs Could Significantly Reduce Workboat Fabrication CostsWhether it is for a tug boat, cargo vessel, or an offshore supply ship, much of the workboat fabrication industry is located along the Southern Coast of the U…

Havyard Bags Shipbuilding Contracts

Sep 13, 2018

Norway's Havyard Ship Technology said it has secured orders to build up to three vessels for a foreign customer in the offshore renewable energy sector.The contract includes two firm vessel orders for delivery to the unnamed customer in Q3 2020 and Q1 2021…

Shipbuilding: Sovcomflot Orders Two LNG-Fueled Tankers

Sep 11, 2018

Though the tanker market has been a global maritime laggard in 2018, with overcapacity cited as the chief culprit, apparently it could not dissuade PAO Sovcomflot (SCF Group) from inking a deal wih Rosneft, Zvezda Shipbuilding Complex and VEB Group for a pair of Aframax tankers…

De-risking the FPSO Renaissance

Aug 09, 2018

Floating production, storage and offloading vessels (FPSOs) are in the ascendancy. The total FPSO market is now expected to grow to over $117 billion by 2024. A combination of factors, such as the recovered oil price and renewed interest in deeper…

Keppel Wins FPSO, FSRU Contracts

Jul 22, 2018

In Brazil, Keppel FELS Brasil Ltda (Keppel FELS Brasil) has been engaged by MODEC Offshore Production Systems (Singapore) Pte Ltd., part of the MODEC, Inc. group, to undertake the topside module fabrication and integration of the FPSO Carioca MV30…

Construction Begins on Saudi Aramco's Shipyard Joint Venture

Mar 16, 2018

Construction work has begun on a joint venture to build a shipyard on Saudi Arabia's eastern coast, oil rig builder Lamprell Plc said in a statement on Friday.The joint venture, International Maritime Industries (IMI), started operations…

Shell: LNG Supply Shortage Possible as Demand Surges

Feb 26, 2018

The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 million tonnes to 293 million tonnes in 2017, according to Shell’s annual LNG Outlook. Such strong growth in demand is consistent with Shell’s first LNG Outlook…

GTT Bags Order for Three LNG Carriers, One Bunkering Vessel

Feb 18, 2018

GTT announces it has received several orders, since the beginning of the year, for the equipment of three LNG Carriers (LNGCs) and one bunkering vessel. The three LNGCs, offering capacities ranging from 174,000 to 180,000 m3, will be built…

Allseas Plans World's Largest Construction Vessel

Feb 07, 2018

Swiss offshore services firm Allseas is planning to build a vessel big enough to be able to remove the world's largest oil and gas platforms when they reach the end of their production lives, its chief executive said. The vessel, to be called Amazing Grace…

PGS completes fleet expansion with latest Ramform

Mar 22, 2017

PGS has completed its fleet expansion with the naming of its latest newbuild, the Ramform Hyperion, at Mitsubishi Heavy Industries Shipbuilding yard in Nagasaki, Japan today (22 March). The first vessel of the Ramform Titan-class came in 2013 with the delivery of Ramform Titan…

Mermaid cancels two more newbuild orders

Jan 03, 2017

Mermaid Maritime is at the chopping block again with China Merchants Industry, as the Thai company axes an additional two newbuild contracts with the shipbuilder. Illustration of the MTR-3 rig…

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…

Saipem takes delivery of Normand Maximus

Nov 01, 2016

Solstad Offshore has taken delivery of the Normand Maximus and started it on its eight-year charter contract with Italy's Saipem.   The Normand Maximus was developed in close collaboration between Solstad, Saipem and shipbuilder Vard…

Current News

Exxon Could Delay Third Guyana Project

Exxon Could Delay Third Guyana Project

BP Issues Force Majeure Notice for Golar FLNG Unit

BP Issues Force Majeure Notice for Golar FLNG Unit

Petrobras in Natator Oil Discovery off Brazil

Petrobras in Natator Oil Discovery off Brazil

Gallery: Giant Crane Vessel Lifts Snorre A Module

Gallery: Giant Crane Vessel Lifts Snorre A Module

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