STX Wins $264m Tanker Order

Monday, December 03, 2007
STX Shipbuilding received a contract from the Middle East to build four chemical tankers for $264 million, according to a Bloomberg report. The 75,000-dwt, mid-size vessels will be delivered by June 30, 2011, the Jinhae.
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Contracts

Egypt Eyes Suez Container Port Renegotiation

Egypt is trying to renegotiate an extension of an agreement worth $1.5 billion with Suez Canal Container Terminal which has a concession to run a port near the entrance to the canal,

Maersk Drilling gets Extension for Jack-Up

Maersk Drilling, is a unit in shipping and oil conglomerate A.P. Moller-Maersk. Hess has exercised the four one-well options included in the current contract for the jack-up rig Maersk Resolute.

BHP Billiton Focus on Operation & Productivity

* BHP Billiton is now targeting US$4 billion of annualised productivity gains in its core portfolio by the end of the 2017 financial year, a US$500 million increase on previous guidance.

 
 
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