Month: April 2008

GS Holdings Corp, the holding firm of South Korea's GS Group, an energy and construction-focused conglomerate, said it is studying a possible bid for Daewoo Shipbuilding and Marine Engineering. Another domestic business…

Singapore-based Jurong Shipyard, a subsidiary of Sembcorp Marine, signed a strategic alliance agreement with Rio de Janeiro-based Mac Laren Shipyard to operate a shipyard in Brazil.Under the agreement, which takes effect immediately…

Lifeboat and davit manufacturer Schat-Harding has booked orders for lifesaving equipment worth a record breaking NOK300m ($60m) so far in 2008. Over 60% of these orders came from the offshore sector.Ove Roessland,…

The Viet Nam Shipbuilding Industry Group (Vinashin) has earned a revenue of VND5.1 trillion ($318.7 million) in the first quarter of the year, an increase of 108% year-on-year.The nation?s largest shipbuilder attributed…

A&P Tyne in the UK has been awarded the contract to carry out the conversion of a former ice breaking cargo vessel into a DP3 Floatel accommodation vessel carrying up to 399…

Imtech NV in the Netherlands has won contracts worth over 50 million Euros to provide technical services on board various high-tech offshore construction vessels to be used in the exploration and exploitation…

US offshore major Global Industries has decided to build yet another new pipelay / heavy lift vessel designed by Dutch design company Ulstein Sea of Solutions (USOS). The vessel named ?Global 1201?…

?SigmaPrime 700? and ?SigmaPrime 700 LT? coatings will be applied to a vessel being built in Korea for Chandris Hellas that will be the first built in full compliance with IMO?s ballast…

Norwegian-based offshore support specialist Farstad Shipping has received delivery of its latest newbuilding, the ?Far Searcher? from Aker Yards. Farstad Supply, a wholly owned subsidiary of Farstad Shipping, says the UT751 E…

Calling 2007 "a truly remarkable year," ABS Chairman and Chief Executive Officer, Robert D. Somerville reported a record fleet size and record order book. Acknowledging that "ABS has benefited from the quite…