Marine Link
Thursday, March 28, 2024
SUBSCRIBE

Qidong Offshore News

22 Nov 2022

Cadeler Orders Second Hybrid Offshore Wind Installation Jack-up

©Cadeler

Danish offshore wind installation services firm Cadeler has ordered its second F-class vessel, a hybrid design allowing the vessel to convert from being a foundation installation unit to a wind turbine generator installation vessel within a short period of time.This is the sixth vessel that Cadeler will have in its fleet, tripling its number of vessels.Cadeler is currently building two X-class as well as an F-class vessel, which are set to be delivered from the second half of 2024 on. The new F-class vessel is expected to be delivered in the second half of 2026.

09 Jun 2022

Huisman's Leg Encircling Crane for Another Cadeler Offshore WInd Vessel

Credit: Huisman

Dutch crane specialist Huisman won a contract with China's COSCO Shipping (Qidong) Offshore Co., Ltd. for the design and construction of a Leg Encircling Crane (LEC).The crane, with a fully electrically driven system, will be installed on the $345 million F-class jack-up vessel recently ordered by the Danish offshore wind installation firm Cadeler. The vessel will be able to install both offshore wind foundations as well as the next-generation wind turbines.To remind, Huisman last year won contracts for two identical 2…

01 Dec 2021

Huisman's Cranes for Cadeler's New Wind Turbine Installation Vessels

Credit: Cadeler

Dutch offshore crane maker Huisman has secured a contract from China's COSCO Shipping (Qidong) Offshore Co., Ltd. to design and build two >2,000mt Leg Encircling Cranes (LEC) for Cadeler's recently ordered two new build X-class vessels.The identical Leg Encircling Cranes will have a 155-meter long boom, capable of reaching 180.5m above deck. Optionally, the boom can be upgraded to 175m in order to increase the lifting height to 200.5m. With these cranes, Denmark-based offshore…

07 Jul 2021

Kongsberg Maritime to Equip Cadeler's Next-gen Wind Turbine Installation Vessels

Credit: Cadeler

Norway's Kongsberg Maritime has secured contracts with Chinese shipbuilder COSCO Shipping (Qidong) Offshore for the delivery of its Wind Turbine Installation Vessel (WTIV) technology.Under the deal worth 49 million euros (around $58 million) Kongsberg Maritime will deliver technology packages for two new NG-20000X WTIVs, which COSCO is constructing for the Denmark-based service provider Cadeler.Cadeler announced the order of two WTIVs from COSCO last week. It said that the new vessels would, upon completion, be the largest of the type in the offshore wind industry.

30 Jun 2021

Cadeler Orders Offshore Wind Industry's 'Largest' Installation Vessel Duo

Credit: Cadeler

Offshore wind installation company Cadeler has ordered two new X-class wind turbine installation vessels from China's COSCO SHIPPING Heavy Industry.The total order amounts to $651 million, so $325.5 million per vessel. According to Cadeler, the new vessels will, upon completion, be the largest in the industry. They will be built in COSCO's shipyard in Qidong, China."Cadeler is delighted to announce that negotiations with COSCO SHIPPING Heavy Industry Co. Ltd. have been finalized…

06 May 2020

Liebherr: Broken Hook Cause of Orion Crane Collapse

The article was updated to include a statement by a Deme spokesperson who said that the Orion delivery would be delayed following the accident.Following last week's crane collapse on offshore installation vessel Orion at Liebherr's yard in Rostock in Germany, Liebherr has said that the preliminary findings showed that a broken crane hook was the reason behind the accident.As previously reported, the accident happened last Saturday during the overload test of Liebherr's offshore heavy lift crane HLC 295000 aboard Deme's recently delivered offshore wind turbine installation vessel. The crane collapsed and was severely damaged.In a statement on Tuesday…

04 May 2020

VIDEO: Crane Collapses on Deme Offshore's New Vessel

Image Credit: Deme Offshore

A giant crane collapsed on Saturday on Deme Offshore's flagship offshore vessel Orion at Liebherr's yard in Rostock, Germany, during crane load tests.Deme said Saturday that "a few persons suffered minor injuries." Deme Offshore said: "A serious accident has occurred today on board of offshore installation vessel ‘Orion 1’ at the occasion of and during crane load tests. The vessel is under construction and owned by COSCO (QIDONG) OFFSHORE CO., LTD. The vessel is moored at the quayside at the Liebherr construction yard in Rostock…

25 Jan 2019

Prosafe Emerges as Lowest Bidder in Brazil Offshore Tender

European owner and operator of semi-submersible accommodation vessels Prosafe has submitted the largest bid in two online auctions for the supply of safety and maintenance support vessels to Brazil."Prosafe has participated in an online auction for the supply of safety and maintenance support vessels to Brazil and on conclusion of the auction achieved first place commercial ranking," said a statement from the operator of offshore accommodating units known as flotels.The auction concluded on 23 January 2019 was related to a two batch public opportunity with each resulting contract being for a three year duration.With Prosafe being ranked first place in both batches, the client will nominate which batch the Safe Eurus will be allocated.

05 Aug 2018

Prosafe Signs Pact with Cosco

Norwegian contractor Prosafe and COSCO Shipping (Qidong) Offshore Co have come to an agreement on three newbuild offshore accomodation units being built in China."Prosafe has reached agreements with COSCO and its lenders which will transform the company’s fleet, market position and earnings potential, and secure a significantly enhanced financial runway," said a statement from the company.The agreement allows for flexible delivery and long-term financing of Safe Eurus, Safe Nova and Safe Vega. The Agreement with COSCO includes flexible option for delivery of the Units over a period of up to 5 years and a direct discount of USD 55 million…

18 May 2018

Prosafe Extends Standstill Agreement with COSCO

Prosafe has extended a standstill agreement with COSCO Shipping (Qidong) Offshore Co. Ltd in China for two harsh environment semi-submersible accommodation units, Safe Nova and Safe Vega.The standstill agreement has been extended until May 21, 2018 as Prosafe continues negotiations with COSCO and related parties for a workable commercial solution for the two units.A third unit, Safe Eurus, is in a preserved, strategic stacking mode and negotiations continue with COSCO to find a workable commercial solution.If no agreement is reached, Prosafe has the right to claim cancellation of the newbuild contracts due to delay, and claim repayment of the instalments paid including interest of approximately $60 million in total…

13 Apr 2017

Liebherr Offshore Cranes Accessing New Markets

Design layout of the new Liebherr HLC 295000 mounted on Deme’s next generation offshore installation vessel Orion. (Image: Liebherr)

Liebherr’s maritime manufacturing plant in Rostock has been awarded the contract to supply the heavy-lift crane for the Orion, a new wind farm installation and platform decommissioning vessel ordered by DEME from COSCO (QiDong) Offshore, a subsidiary of COSCO Shipping Heavy Industry. The crane is rated at 3,000 metric tons at more than 50 meters, with a lifting height in excess of 170 meters and a designation of HLC (Heavy-Lift Crane) 295000. Delivery will be spring 2019. Gordon Clark…

03 Nov 2015

Cosco Compensates Sevan

COSCO Corp (Singapore) will refund $26.3 million, or 5 percent of the contract price, plus associated interest to Sevan Drilling by December 1, 2015. Sevan Drilling and Cosco have agreed to exercise the first six-month option to extend the deferral agreement to April 15, 2016. The final delivery instalment has been amended to $447.1 million, representing 85 percent of the $526 million contract price and can be amended further upon the expiration of the option period. The company first announced winning of the contract back in May 2011. In between, the industry went into a down turn that is persisting until now. In October 2014, Sevan and Cosco reached an agreement to extend the delivery date for 12 months…

07 Aug 2015

Cosco Delays Deliveries for two FAUs

Two shipyards under Cosco Shipyard Group have pushed back the delivery dates for two converted high-end floating accommodation unit (FAU) at the customer’s request. Cosco (Nantong) Shipyard, a subsidiary of Cosco’s 51% owned subsidiary, Cosco Shipyard Group Co., said the delivery date of a FAU built at its yard will be extended for a period of not more than 12 months from its original delivery date of October 2015. The delayed FAU is the second of two units ordered by the shipowner for construction at Nantong facility, and the first unit has been delivered. The FAUs are converted from semi-completed hulls. In 2013, Cosco Nantong secured the contract to deliver the two FAUs, the first of which was delivered to the shipowner on February 2015.

24 Sep 2014

COSCO Corpn Wins $ 230 mi Contracts

1. COSCO (Qidong) Offshore Co., Ltd Contract from a Singapore entity to build one (1) Floating Accommodation Unit (FAU) scheduled for delivery in 1Q2017. The buyer has also secured options for five (5) additional FAUs. 2. COSCO (Dalian) Shipyard Co., Ltd The contract under the first option cited in the announcement dated 12 September 2013 to build one (1) 21,000DWT Module Carrier for a European company has been rendered effective. The vessel is scheduled for delivery in 2Q2016. Save for their respective shareholdings in the Company, none of the directors or controlling shareholders of the Company has any interest, direct or indirect in the contracts.

13 Feb 2014

Offshore DP3 Propulsion Package Order for Wärtsilä

Wärtsilä 32 Marine Diesel Engine: Image courtesy of Wärtsilä

Wärtsilä say they have signed a repeat integrated solution order with the COSCO (Qidong) Offshore Co.Ltd shipyard covering another DP3 Dynamically Positioned offshore accommodation rig being built for Singapore based Axis Offshore. The Wärtsilä solution includes the main power generation system, the propulsion system, the electric and automation system, and the automation safety system. The vessel, which is expected to enter service in January 2016, will be equipped with a DP3 dynamic positioning system and will be available for worldwide operations.

25 Nov 2013

China Shipyard's 500-Bed Rig Construction Contract Activated

COSCO logo

COSCO Corporation (Singapore) Limited announce that contracts each in excess of US$200-million for two advanced semi-submersible accommodation vessels to be constructed in China have been declared effective. The accommodation rigs are to be built by COSCO subsidiary COSCO (Qidong) Offshore who are responsible for the engineering, procurement and construction of the two semi-submersible vessels. They will be of Gusto MSC Ocean 500 design and will be equipped with 500 beds, DP3 station keeping systems, 10-point chain mooring and 300 ton cranes.

07 Nov 2013

Prosafe Orders Two Offshore Accommodation Vessels

Prosafe's 'Safe Boreas': Image courtesy of owners

Prosafe has agreed a Letter of Intent (LoI) with COSCO (Qidong) Offshore Co. Ltd. for the Engineering, Procurement and Construction of two semi-submersible accommodation vessels, with options for four further units. The pair will be the most advanced and flexible units for worldwide operations excluding Norway, and will be ready for operations in 2016. They will be of Gusto MSC’s Ocean 500 design and will be equipped with 500 beds, DP3 station keeping systems, 10-point chain mooring and 300 tonne cranes. The LoI covers two potential contracts, each in excess of USD 200 million.

28 Oct 2013

China Shipyard Delivers Drill Rig 'Sevan Louisiana'

Sevan Brasil: Photo courtesy of Sevan Drillling

COSCO (Qidong) Offshore Co.,has delivered the third Sevan 650 Ultra-Deepwater Cylindrical Drilling Rig it has built for Sevan Drilling. The Sevan Louisiana, measuring 99 meters in LOA, 75 meters in breadth and 24.5 meters in depth, has a working depth of 3,800 meters and drilling depth of 12,000 meters. The deep water drilling rig and will start the transit to the US Gulf of Mexico, and is expected to commence operation for LLOG Bluewatert owards the end of Q1 2014, following completion of mobilization and certain additional equipment installations.

17 Apr 2013

China Shipyard Contracts For Wärtsilä DP3 Rig Package

Wärtsilä to provide integrated power, propulsion and positioning system for DP3 offshore accommodation rig for Singapore's Axis Offshore. The contract with Cosco (Qidong) Offshore is for the vessel to be equipped with a DP3 dynamic positioning system, and will feature an integrated Wärtsilä solution that includes the main power generation system, the propulsion system, the electric and automation system and the automation safety system. Wärtsilä is responsible for engineering, delivery and commissioning of the integrated solution and will also support the yard on-site during the installation phase. The vessel is expected to enter into service in February 2015 for worldwide operations. Wärtsilä will begin deliveries of its equipment in May 2013.

12 Sep 2013

COSCO China Shipbuilders Win Slew of Contracts

COSCO (Guangdong) Shipyard Co. Ltd. A Netherlands based company has placed orders to build two platform supply vessels (PSVs) scheduled for delivery in 3Q 2015. The buyer has also secured options for two additional PSVs. Contracts from a Singapore based company have also been pladed for construction of two PSVs scheduled for delivery in 1H 2015. The buyer has also secured options for six  additional PSVs. COSCO (Dalian) Shipyard Co. Has received contracts from a PRC based agency to build two salvage lifting vessels scheduled for delivery in 1H 2015. Additionally, a Europe based company has ordered two module carriers of 21,000dwt each scheduled for delivery in 1H 2015 and 2H 2015 respectively. The buyer has also secured options for two additional module carriers.

11 Sep 2012

Semi-submersible Accommodation Rig Order for COSCO

COSCO Singapore Chinese subsidiary COSCO Qidong Offshore wins contract from Axis Offshore. The contract valued over US$200-million from Axis Offshore, a joint venture between Danish shipowner, J. Lauritzen and Norwegian private equity fund, HitecVision, is to build a harsh environment semi-submersible accommodation vessel. This rig will be built to Global Maritime’s design, GM500A and will provide accommodation for 500 persons. It will be equipped with a DP3 dynamic positioning system and is designed to operate in the harsh environment in the North Sea. The rig is scheduled for delivery in Q1 2015. The parties intend that the contract will be made effective within 3 months from the date of signing.

20 Dec 2012

Offshore Accommodation Rig Order for COSCO

COSCO Corp. (Singapore} subsidiary COSCO Qidong Offshore Co to build the accommodation rig for European joint venture company. The contract, valued at US$200-million.is for the construction of a harsh environment semi-submersible accommodation rig for Axis Offshore, a joint venture between Danish shipowner, J. Lauritzen and Norwegian private equity fund, HitecVision. Signatory of the contract was COSCO Qidong Offshore Co., Ltd, a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd Delivery is scheduled for the first quarter of 2015.

28 Dec 2012

COSCO Singapore Doubles Chinese Yard Investment

Singapore-listed Cosco Corporation subsidiary Cosco Shipyard Group increases its investment in the registered capital of 60%-owned Cosco Qidong Offshore, China. Cosco has increased its investment by RMB300-million to RMB600-million.  The other investors in the yard have also doubled their investment at the fast growing offshore complex so the shareholding structure remains the same, reports SinoShip News. Eight days ago Cosco Qidong announced it had won a contract for a harsh environment semi-sub rig from Axis Offshore, a joint venture between Danish shipowner, J. Lauritzen and Norwegian private equity fund, HitecVision, is paying $200m for the rig for delivery in Q1 of 2015. Source: SinoShip News