Samsung Heavy Industries Co. has won $500 million in orders to build eight ships for Greek, German and British companies, according to company officials. Samsung received orders for four containerships from Greece's Danaos Shipping Co. and orders for two containerships from German Nordcapital. The containerships cost $60 million each. The company also won orders for two VLCCs at $70 million each from Britain's N.S. Lemos Shipping Co. Samsung will deliver the containerships beginning in April 2001 and the VLCCs beginning at the end of 2001. Samsung officials said the company has won orders for 31 ships totaling 1.8 million tons so far this year.
Daewoo Shipbuilding & Marine Engineering Co Ltd has won orders from Norway and Greece worth $530M. The shipbuilder said it secured an order from Norway's Odfjell Invest I Ltd to build a semi-submersible drilling rig and a deal from Kristen Navigation Inc of Greece to build a very large crude-oil carrier (VLCC), taking its order book to 2.29 bln usd so far this year. The company did not disclose the financial terms of the individual deals.
According to reports, Qatar is expected to hire three South Korean shipbuilders to build 44 liquefied natural gas carriers for a total of $10 billion. The joint project between U.S. energy giant Exxon Mobil Corp. and state-run Qatar Petroleum Co. calls for transferring 15.6 million tons of LNG from Qatar to Exxon Mobil`s terminal in the United States. Daewoo Shipbuilding & Marine Engineering Co., Samsung Heavy Industries Co. and Hyundai Heavy Industries Co
ABB wins order for Azipod propulsion & electrical systems for two new 4,100 passenger cruise ships ABB, the leading power and automation technology group, has won orders worth more than $60 million to provide complete power and Azipod propulsion systems for two new cruise ships to be built by Meyer Werft at its shipyard in Papenburg, Germany for Royal Caribbean Cruises Ltd (RCL). The new ships are the first vessels in Royal Caribbean’s new class of cruise ships
South Korea's Daewoo Shipbuilding and Marine Engineering, the world's second-largest shipyard, said on Monday it has won orders worth $1.1 billion for four LNG (liquefied natural gas) ships. The company said in a filing to the Korea Stock Exchange Bergesen of Norway had placed an order for three LNG carriers, although did not give the buyer of the fourth ship.
Transport, engineering and trading company Internatio-Mueller NV said on Thursday its Imtech division had won orders from three shipyards worth a total of 345 million guilders ($141.6 million). Imtech will install heating and air conditioning equipment, sprinkler systems and information and communication technology on 10 cruise ships which are under construction. The order was awarded by Meyer Werft and Blohm & Voss in Germany and by French shipyard Chantier de l'Atlantique
Daewoo Shipbuilding & Marine Engineering Co won a $270M order from Transocean Inc. to build a drill ship. The vessel will be delivered by September 2008 and used to explore oil reserves in the Gulf of Mexico. Source: xinhua
Qatar is becoming a goldmine for Korean shipbuilders as the top three companies won orders for liquefied natural gas (LNG) tankers worth $7 billion. Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries have won combined orders of 34 LNG tankers since 2004. The shipbuilders are hoping to share another 10 orders, when they are commissioned next month. The LNG carriers are high-yield orders
Harland and Wolff said it would lay off 280 workers this week. The shipyard recently secured its future by winning orders for four ferries worth $456 million and two cruise liners worth $350 million, but they will only take effect towards the end of the year. "There is the order for the four Ropax ferries and there is also a letter of understanding for two luxury cruise liners. However there is a time lag until the full benefit of these orders feeds through
Cosco Corp. Singapore Ltd., the shipbuilding and repair unit of China's shipping line, rose in the stock market after it won orders totaling $422 million to convert and build tankers, according to a Bloomberg report. A Norwegian customer reportedly placed the order to build two shuttle tankers, scheduled for delivery in 2010 and 2011.
Qatar Gas Transport Co (Nakilat) said on Tuesday that a joint venture between it and Dutch shipbuilder Damen had won orders worth 3.1 billion riyals ($850 million) to build seven vessels for the Qatari armed forces. The vessels to be built by Nakilat Damen Shipyards Qatar comprise six
Reuters - South Korea's STX Offshore & Shipbuilding Co Ltd said on Monday it won a 413.8-billion won ($387.63 million) order to build eight tankers from from Navig8 Product Tankers Inc. The South Korean shipbuilder said in a statement the contract includes an option for four more tankers
ABB, the leading power and automation technology group, won orders worth $180 million in 2013 to deliver complete electrical power plants and propulsion systems for six new cruise liners that include its latest-generation Azipod XO units. The orders make 2013 the best-ever year for ABB in cruise
Pod propulsion system Azipod® was the propulsion system of choice for 6 new cruise liners in 2013, say manufacturers, ABB. The company won orders worth $180 million in 2013 to deliver complete electrical power plants and propulsion systems for six new cruise liners that include its
Aberdeen-based Wireline Engineering said it is continuing its global expansion, with £1.9 million of new projects secured in key regions during the first half of 2013. The firm develops original wireline and well intervention technologies for the oil and gas industry worldwide
The Cavotec engineering group has won orders worth EUR 7.2 million for several of its Ports & Maritime technologies, including Alternative Maritime Power (AMP) systems, marine propulsion slipring systems, cable reels and high voltage cables for customers in the US, China, Australia, South Korea
Hyundai Heavy Industries Co., the world’s biggest shipbuilder, plans to raise prices as demand for fuel-efficient vessels increases, reports the Japan News, citing Bloomberg, Singapore. Hyundai Heavy’s optimism helped drive up shares of South Korean shipbuilders Monday and contrasts
Rolls-Royce's milestone 100th contract is to deliver drillship propulsion systems to a Transocean rig. In recent months Rolls-Royce has won orders to supply propulsion systems for seven new drillships totaling close to £100 million, including options
Hyundai Heavy Industries (HHI) announced the Company won a $700 million order for five 18,400 TEU containerships from China Shipping Container Lines (Hong Kong) Co., Ltd. The world’s largest containerships will feature an electronically-controlled main engine and two EcoBallast seawater
ABB appointed main electrical contractor (MEC) for a new floating production, storage and offloading (FPSO) vessel at the Ichthys oil & gas field in the Timor Sea off Western Australia. The order is worth $30 million and was awarded by the engineering
MacGregor, part of Cargotec, wins orders worth around EUR 10 million for cargo access equipment for 4 car carriers to be built in China. The orders are for the equipment of four 6,700 unit Pure Car/Truck Carriers (PCTCs). The order for two of the vessels was received from Samjin Shipbuilding and
ABB appointed main electrical contractor for new semi-submersible central processing facility (CPF) at Ichthys oil & gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering
Power systems for seven new oil and gas ultra deepwater drilling vessels to be built and operated in Brazil goes to ABB for $160m ABB won orders worth $160m from Jurong Shipyard Pte Ltd. for the design, supply, supervision of installation
Finland's Steerprop wins orders from Russia's Severnaya shipyard & the Bharati shipyard in India for ECO CRP propulsors. The orders are for the new generation ECO CRP propulsors that are designed to provide the finest efficiency and maneuverability at even the highest speeds
FMC Technologies, Inc.wins order from CNR International Ltd. for subsea equipment for the Baobab field, offshore Ivory Coast. The Baobab field is located in Block CI-40 West Africa approximately 16 miles (25 kilometers) offshore from the Ivory Coast.