Month: September 2007

Brazil's state-run oil company Petrobras has sealed a $1.4 billion contract for a new 100,000 barrel-per-day P-56 semi submersible oil rig with FELS Setal-Technip consortium after months of exclusive negotiations. FELS Setal…

The Angolan company Petromar in Luanda plans to invest $40 million in the upgrading of a shipyard at Ambriz, in Zaire province, in order to provide services to the oil industry, the…

Shipping corporation of India (SCI) has firmed up plans to build the country?s largest shipyard with an investment of around Rs 3,000 crore. The shipping company would compete with Larson and Toubro…

Singapore based Keppel Shipyard Ltd was awarded two ship conversion contracts from repeat clients worth a combined $67 million. The first contract, awarded by Prosafe Production Pte Ltd, is for the conversion…

Official sources in India indicate that Bharati Shipyard Ltd and Apeejay Surendra Group have jointly proposed to develop a state-of-art shipbuilding and ship repair yards at Dhamara in Bhadrak district. "The government…

Samsung Heavy Industries has developed a new shipbuilding system, called the "tera-block" method that allows the company to assemble a vessel from just two large ship blocks. An extra-large ship usually consists…

Star Clippers have been in discussions with shipyards to build a new five-mast vessel for delivery in 2010. Expected to be the largest, most expensive sailing vessel ever constructed, the 7,400 gt…

COSCO Corporation has secured shipbuilding contracts worth $724 million to build 16 bulk carriers for German, Taiwanese and Greek shipowners. The vessels consist of bulk carriers of 57,000, 80,000 and 92,500 dwt…