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Steel Fabrication Capacity News

27 Apr 2023

Glosten Readies PelaStar for the US Wind Energy Market

(Image: Glosten)

Glosten is growing its PelaStar partner network to prepare for Phase 2 of the U.S. Department of Energy’s Floating Offshore Wind ReadINess (FLOWIN) Prize. The expanded team will focus on identifying facilities and the requisite investment to enable U.S.-based platform fabrication and marine logistics capabilities; creating workforce development plans focused on local manufacturing in underserved communities; advancing engineering readiness for ultra-deepwater sites in the U.S.

03 Mar 2016

Genting Hong Kong Acquires Nordic Yards

Cruise ship operator Genting Hong Kong Ltd is buying three shipyards in Wismar, Warnemünde and Stralsund respectively owned by German shipbuilding company Nordic Yards for $358 million to further enable its presence in the sector. The purchase from Nordic Yard is expected to be funded by internal resources of the group, it said in a filing to the Hong Kong Stock Exchange. The purchase of the three shipyards, along with Lloyd Werft last year, enables Genting Hong Kong to realize its global cruise ships fleet strategy over the next decade for its three brands - Crystal, Star and Dream, said Genting in a statement. “The rapid growth of the world cruise industry…

05 Nov 2015

Sembcorp Marine Opens Largest Fabrication Unit in Southeast Asia

Sembcorp Marine launched its new state-of-the-art steel structure fabrication workshop – the largest of its kind in Southeast Asia – which is set to boost the company’s steel fabrication capacity for its future needs. Officially opened by Economic Development Board Chairman Dr Beh Swan Gin today, the 120,000-square-metre facility at Sembcorp Marine’s Tuas Boulevard Yard is fully covered. Comprising five bays for pre-treatment, cutting and assembly, the workshop is ergonomically designed to facilitate a seamless work flow. It operates with a suite of computerised systems, mechanised steel-cutting and welding equipment, high-capacity cranes…