Hyundai Mipo Dockyard celebrates completion of 600th ship over 14 years Hyundai Mipo Dockyard celebrated having built its 600th ship in 14 years since entering the market when the shipyard completed construction on the milestone vessel -- a 1000-TEU container ship named Sky Hope that will be delivered to CK Line. Since it was established in 1975, the dockyard had focused mainly on ship repairs until it took a change of course after receiving an order from a Norwegian shipper in 1997 to build a drill ship. Since then, the shipbuilder has been steadily increasing its production: to four vessels in 1998, eight the following year, and 80 last year. Among the ships produced by the company, petrochemical carriers were the most in-demand with 378 units, followed by container ships (89) and bulk carriers (60). It has also built 26 special orders, such as drill ships. "This year, we will deliver 80 vessels and we expect to win new contracts amounting to US$3.2 billion, up 60 percent from a year earlier," said a spokesperson for the dockyard.
Wärtsilä will supply six engines for reportedly, the world's largest oil drilling ship. The 46 MW order, received in October, also includes ancillary equipment in addition to the engines. The vessel is being built by Samsung Heavy Industriels Co. Ltd. in Korea. Ordered by Stena Drilling Ltd, part of the Swedish Stena group, the vessel will be used for oil and gas exploration in the Norwegian and Barents Seas. Its completion is scheduled for the end of 2007.
Hyundai Heavy Industries Co. has won a deal valued at $652m to build a drill ship. The deal from a Liberian shipping company calls on Hyundai to deliver the vessel used to explore for oil in deep water by May, 2011. Shipyards in South Korea, the world's largest shipbuilding nation, have received record orders in recent years as demand has surged for vessels to transport raw materials to China and goods to the rest of the world. Source: Business in Asia Today
Daewoo Shipbuilding and Marine Engineering Co Ltd said it had secured an order to build two drill ships worth $1.38b from the . The South Korean company said in a filing to the Korea Exchange that it will deliver the vessels by April 15, 2011. Source: Reuters
According to a report from Bloomberg, Daewoo Shipbuilding & Marine Engineering Co., the world’s third-largest shipyard, expects orders for drilling vessels and offshore platforms to increase 18% this year, helped by higher fuel prices. Contracts for drill ships, semi-submersibles and offshore platforms may rise to $6b this year from $5.1b in 2010, according to Nam Sang Tae, Daewoo Shipbuilding’s chief executive officer, the report said.
Pancontinental Oil & Gas operator, Apache Kenya, secures deepwater drilling ship for giant Mbawa Prospect Pancontinental Oil & Gas announce that the Kenya L8 licence operator Apache Kenya Limited (Apache) has secured the use of the deepwater drilling ship Deepsea Metro 1 to drill the giant Mbawa Prospect. Apache is anticipating a spud date within Q3 2012, with the actual date depending on when the drilling rig is finished with its current operations
W R Systems, Ltd (WRSystems) have been awarded a contract to supply its laser-based Emsys Emissions Monitoring System (EMS) to a major offshore drilling contractor for three drilling ships/rigs located in the Gulf of Mexico. The EMS will be incorporated into the vessel’s proprietary data management technology, to provide compliance with each vessel’s EPA Air Permit requirements. WRSystems has been working with the drilling contractor for over a year in preparation for
Nicosia, Cyprus – Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, announced that it has signed a new drilling contract for its semisubmersible drilling rig Eirik Raude with an independent operator, for work offshore West Africa. The expected total backlog to complete the two-well program is estimated at $ 67.5 million for a period of 84 days. The new contract is expected to commence after the rig completes its scheduled 10-year special survey
Two Shell drilling ships with support vessels are leaving Seattle for operations in Arctic waters According to an AP report, the Kulluk and the Noble Discoverer on Wednesday morning began the process of departing and will be en route to Alaska's Dutch Harbor. The rigs will wait in the Aleutian Islands port until open water allows them to move north.
Russian Maritime Register of Shipping (RS) will for the first time participate in the International Maritime Defense Show (IMDS 2013) to take place in St Petersburg from July 3-7, 2013. RS will feature design support services, construction and repair services for ships and supply vessels of different types materials and products certification, production process survey as well as management system certification of enterprises participating in the Government Defense Procurement procedures
Statutory Alert: The Norwegian Maritime Authority (NMA) has updated Regulation No.227 on precautionary measures against fire and explosion on mobile offshore units, with effect from 1 January, 2015. Section 10.2.1 prohibits using carbon dioxide or other gases which are toxic to humans in the
South Korean shipbuilders are struggling with huge losses stemming from the delivery of low-priced ships and a delay in the construction of offshore facilities such as drill ships. The shipbuilders' earnings are expected to remain in the doldrums until the first half of 2016
The Bureau of Safety and Environmental Enforcement (BSEE) is responding to a report of a fatality on a drillship in the Gulf of Mexico (GoM) approximately 200 miles south of Lake Charles, LA, in 4,800 feet of water. The Pacific Santa Ana drillship was beginning drilling operations for
A team of scientists will set sail from Southampton to drill through the Earth’s mantle in the center of the Atlantic Ocean. They leave on board the Royal Research Ship James Cook on October 26, 2015 to explore the Atlantis Massif, a 4000 meter high underwater mountain.
A Brazilian judge sentenced a former international director at state-run oil firm Petroleo Brasileiro SA to five years in prison for money laundering on Tuesday, the second company executive convicted in an ongoing corruption probe.
U.S. Coast Guard and police boats cleared a way through protesters in kayaks at a Seattle-area port on Tuesday so a drilling ship could head for the Arctic on behalf of Royal Dutch Shell. The Noble Discover is the second drilling ship Shell has sent to the area in recent days.
Though international analysts like Morgan Stanley said that the Greek crisis will not have a direct impact on shipping companies, Greek shipping companies listed on U.S. stock exchanges sank on Monday. Greeks have said No to austerity terms imposed by international creditors
Kongsberg Maritime has received DNV-GL certification for three of its latest engine room simulator models designed to provide in-depth training on the K-Sim Engine simulator platform. The DNV GL-ST-033:2014-08 Maritime Simulator Systems certification
ConocoPhillips said on Thursday it will reduce future spending on deepwater drilling due to low crude oil prices while raising its dividend one cent. The largest spending reductions will come in the Gulf of Mexico, where the Houston-based company said it will terminate a three-year
Brazilian prosecutors plan to file criminal charges stemming from the lease of an Ensco Plc offshore oil-drilling ship to Brazil's state-run oil company Petrobras "in due course," they said. The plan to prosecute over the Ensco-Petrobras charter was mentioned in a Thursday
South Korea's No. 2 shipbuilder Daewoo Shipbuilding & Marine Engineering Co., will push for restructuring moves, including asset sales and a reduction in the number of executives, as it reels from massive losses, reports Yonhap.
ALMACO Group informs it has been awarded the design, material supply and supervision contract from Kawasaki Heavy Industries, Ltd. (KHI) in Japan for the first (DRU#1 - Ondina) and second (DRU#2 - Pituba) drillships for the Enseada Industria Naval project
A ship built by the CIA for a secret Cold War mission in 1974 to raise a sunken Soviet sub is heading to the scrap yard, a victim of the slide in oil prices. Christened the Hughes Glomar Explorer, after billionaire Howard Hughes was brought in on the CIA's deception
RYDLYME Marine has named R Carter & Associates, Inc. of Mobile, Ala. a new stocking distributor for the Gulf of Mexico area, targeting shipyards, larger workboats, government vessels and drill ships operating in the region. RYDLYME Marine, a manufacturer of a line of safe
MAN Diesel & Turbo announced that its MAN 32/44 Common Rail engine family (rated power: 3,600 – 12,000 kW) has received U.S. EPA Certification, a requirement for all engines installed aboard U.S.-flagged vessels. Chuck Griffith, Sales Manager, MAN Diesel & Turbo, North America