Latest ShipConstructor Update Targets Offshore
With the release of ShipConstructor 2016 R1.1, SSI said it provides additional enhancement for the offshore rig construction market, particularly with regards to weld management. These new features will benefit all shipbuilders, the developer noted, but said it especially benefits those wishing to expand into the offshore sector. ShipConstructor 2016 R1.1 is particularly geared toward early adopters of ShipConstructor's latest productivity-enhancing capabilities; the predominant portion of new features are focused on ShipConstructor Subscription Advantage Pack clients. According to SSI, clients are increasingly wishing to diversify into oil rig construction. To remain competitive they require constant innovation and embrace early adoption of software advancements.
China Contends for Slice of Oil Rig Construction Business
According to Reuters, China is emerging as a strong contender to the traditional offshore oil rig manufacturing powerhouses of Singapore and South Korea as shipyards such as COSCO Corp fight for a bigger market share in a deepwater exploration boom. China started making jack-up rigs for shallow-water drilling and semi-submersibles for deepwater operations about seven years ago. In that short span of time, industry data shows it managed to secure a fifth of the $72 billion orders placed, tempting customers with aggressive pricing. China is able to tempt customers by aggressive pricing, but big customers still favour Korea and Singapore, as Chinese quality and reliable delivery are concerns, says the Reuters report.
Portland Waterfront Gets Boost from Oil Rig Construction Project
Portland’s marine commercial shipbuilding industry is getting a boost thanks in part to construction of the “Pride Portland” and the “Pride Rio de Janeiro,” two huge oil rigs built by crews working for Cianbro and funded with a $342 million loan guarantee from the U.S. Maritime Administration (MARAD). Maritime Administrator Captain William G. Schubert today visited the “Amethyst Project” at the terminal where the two 12,000 ton oil rigs that symbolize the city’s revitalization efforts were constructed. Captain Schubert called the working waterfront an asset that will provide jobs and keep America moving. “This project alone has employed close to 1…
Feature: Cianbro Earns Maritime Stripes
When Cianbro Corporation approached Petrodrill, an international rig-owning company with Brazilian and American shareholders, about completing two partially-built oil rigs in 2002, some thought Cianbro President and CEO Peter Vigue was out of his mind. "What they didn't understand is that Cianbro has a secret:our people," said Vigue. "Our people were ready, willing, and able to take on this challenge. The Maine firm had no experience or track record in oil rig construction when Vigue sought out the Petrodrill project. One of the East Coast's largest construction companies, Cianbro was best known for large civil and heavy industrial projects.
