Chinese Shipyards Wade In to Offshore Market

Press Release
Tuesday, September 11, 2012
OSV World Forum, Shanghai: Photo credit OSV Forum

The recent Offshore Support Vessel World Forum meeting in Shanghai believes that optimism is returning to global offshore markets.

The forum is a platform for oil and gas producers, designers, builders, OSV owners, operators, contractors, classification societies, equipment suppliers and legal/financial service units to discuss and address future opportunities and challenges. The theme of the conference was 'Maximizing commercial opportunities amid OSV market recovery by meeting new technical challenges and regulations'.

In the panel discussions it was considered that optimism is returning to the global offshore markets, supported by the prompting of more shipyards to wade into the OSV market.

China has emerged as largest contributor to the explosive growth in the world’s OSV market place and many Chinese shipyards are flocking to the OSV market. But challenges and uncertainties need to be addressed if they are to enhance their competitiveness.

A networking platform for the OSV industry, the event was sponsored by Wartsila China, Havyard, Shanghai Zhenhua Heavy Industries Company Limited, LTI Steel Wire Rope (Shanghai) Co.,Ltd, Stonel(USA)/ Pt-BRIDGE(Shanghai,China) and GSHYDRO Piping System, with the supports of Shanghai International Shipping Institute, UCIBN, chinaoffshore.com.cn, The Shanghai Shipbrokers Association (SSA) and CNPI.


 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Glosten Promotes Lamkin to Senior Marine Consultant

Seattle-based naval architecture and marine engineering consultancy Glosten has promoted Bradley G. Lamkin, PE to Senior Marine Consultant. As a Senior Marine Consultant

TORM CFO Zacho Resigns

Mads Peter Zacho, Chief Financial Offer at TORM, has resigned to become Chief Executive Officer at J. Lauritzen A/S. Mads has been with TORM since 2013 and will

DSME Reveals Additional Self-Restructuring Plan

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has  revealed an additional self-restructuring plan amid the falling shipbuilding orders.

Shipbuilding

HII Secures Aircraft Carrier Planning Contract

Huntington Ingalls Industries (HII) was awarded a $152 million contract for advance planning for the construction of the third aircraft carrier in the Gerald R.

Maritime Future Summit: Digital Shipping

Autonomous ships, smart on-board systems: At the Maritime Future Summit on September 5, industry leaders will discuss the future of shipping. For the first time

'K' Line Takes Delivery of Corona Series Coal Carrier

Kawasaki Kisen Kaisha, Ltd., Tokyo, (“K” Line) has announced the delivery of Corona Victory, an 88,000 DWT-type special coal carrier at Marugame Shipyard of Imabari Shipbuilding Co.

Offshore

Subsea 7 Awarded $1bn Wind Farm Offshore UK Deal

Subsea 7 S.A. informed today the details of the major(1) contract award that was first announced on 20 May 2016 . The contract was awarded by Beatrice Offshore Windfarm Limited (BOWL)(2),

BW LPG Registers 10% Growth in VLGC Fleet

Less domestic petrochemical consumption of LPG would be positive for VLGC shipping as it would result in a greater surplus of LPG available for export.    However,

Subsea 7 Secures EPCI Contract

Subsea 7 S.A. announced it has been awarded an engineering, procurement, construction and installation (EPCI) contract for offshore execution in 2017 and 2018.   The

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1097 sec (9 req/sec)