Shipbuilding News

 

Kvaerner Eyes Growth, Mergers as Profits Decline

Oct 23, 2018

Kvaerner, a Norwegian builder of oil platforms, aims to increase its revenue by some 40 percent by 2022 by expanding abroad, the company said on Tuesday after reporting a sharp decline in third-quarter earnings that drove down its shares.Kvaerner's quarterly earnings before interest…

ABS Awards AIP to HHI’s Deepwater FLNG Hull

Oct 22, 2018

ABS granted Approval in Principle (AIP) to Hyundai Heavy Industries’ (HHI) Deepwater Floating Liquefied Natural Gas (FLNG) hull design.HHI advises the Newbuilding Conversion FLNG hull design for offshore application can be constructed for about…

ABS Awards AIP to HHI’s Standardized FPSO Topside

Oct 21, 2018

The global provider of classification and technical advisory services to the marine and offshore industries ABS granted Approval in Principle (AIP) to Hyundai Heavy Industries’ (HHI) Standardized design for a Floating Production Storage and Offloading (FPSO) facility…

LNG Investment Set to Grow

Oct 18, 2018

Following years in the pricing doldrums, LNG is hot again, with business prospects for floating production and regasification looking strong through 2023. We talk to Jim McCaul of International Maritime Associates (IMA) for his insights, as…

Keppel Q3 Profit Falls

Oct 18, 2018

Singaporean conglomerate Keppel Corp on Thursday posted a 15 percent fall in third-quarter net profit, hurt by lower contributions from its investments and property divisions.Keppel, whose businesses range from rig-building to property development…

Partners to Produce Innovative Dive Vessel

Oct 17, 2018

Veecraft Marine, subsidiary of Paramount Maritime Holdings, and Unique Group announced a strategic Agreement for the continued manufacture of the next-generation HYDRACraft 1400 Diving Daughtercraft. The maritime platform will be deployed by…

Aeolus Energy Pact with Ulstein for Jones Act SOV

Oct 17, 2018

Florida based Aeolus Energy awarded Ulstein the design contract to develop the first ever Jones Act compliant offshore wind Service Operations Vessel (SOV), said a press release from Norway-based Ulstein Group ASA.The contract marks Ulstein’s entry into the U…

HHI to Build FPS for LLOG Exploration

Oct 10, 2018

South Korean shipbuilder Hyundai Heavy Industries (HHI) has been awarded a contract to build a floating production system(FPS) for LLOG Exploration of the U.S..HHI, the world's biggest shipbuilder by orders, said in a stock exchange announcement…

SSC Zvezda to Suppy Four Offshore Vessels to Gazprom

Oct 08, 2018

Gazprom and the Zvezda Shipbuilding Complex (SSС Zvezda) signed in St. Petersburg the construction contracts for four vessels.The signing took place at the Offshore Marintec Russia 2018 International Specialized Exhibition and Conference showcasing…

LDA’s First Wind Farm Maintenance Vessel Launched

Oct 08, 2018

Louis Dreyfus Armateurs Group’s (LDA) first service operation vessel dedicated to the maintenance of offshore wind farms for the Danish giant Ørsted was launched in Turkey at the CEMRE shipyard, where the vessel has now entered the final construction phase…

Gulf Island Shipyards Sues Hornbeck Offshore

Oct 08, 2018

Gulf Island Shipyards (GIS) has sued Hornbeck Offshore over what it says is the wrongful termination of two shipyard construction contracts for the final two vessels in the company's fifth offshore support vessel (OSV) newbuild program earlier this year…

Canada’s Arctic Offshore Patrol Ship Named Harry DeWolf

Oct 08, 2018

Thousands of Halifax Shipyard shipbuilders, along with the ship’s company, joined Government of Canada and Royal Canadian Navy representatives to celebrate Madame Sophie Grégoire Trudeau, the ship’s sponsor, to officially name Canada’s lead Arctic and Offshore Patrol Ship…

FSU Delivered to Bahrain LNG

Oct 02, 2018

Teekay LNG’s first Floating Storage Unit (FSU) has been successfully delivered to charterer Bahrain LNG. The vessel delivered from the yard at the end of August, before going on hire on 19 September, 2018. The vessel will be used to support…

OOS Serooskerke Undocked at CMHI Jiangsu

Oct 02, 2018

China Merchants Heavy Industry (CMHI) Jiangsu shipyard has undocked OOS Serooskerke, OOS International's newest semi-submersible crane vessel (SSCV).'The undocking operation was complex because of the limited water depth in the dry dock,' said a press release from the company…

Unique Group to Provide Survey Vessel Package to Major Government Entity

Oct 02, 2018

Subsea and offshore solution provider Unique Group announced that its Marine & Subsea division has entered into a high value contract with the Southern African Shipyards to provide a turnkey package for hydrographic survey vessels and hydrographic office set up…

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Australia Reviewing Equinor Environmental Plan

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