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

People & Company News

Conrad Shipyard Forms LNG Business Unit

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery,

Prince Charles Places Final Section of UK Aircraft Carrier

The second of the largest warships ever built for the U.K. Royal Navy, the Queen Elizabeth Class carrier HMS Prince of Wales, was given the royal seal of approval when HRH The Prince of Wales,

New Zealand: Maritime Trade is Key

Globally, shipping is on the rise – already 80-90 percent of the world’s trade is by ship; that is more than 12 billion metric tons of goods annually, shipped by 1.

Shipbuilding

Conrad Shipyard Forms LNG Business Unit

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery,

Prince Charles Places Final Section of UK Aircraft Carrier

The second of the largest warships ever built for the U.K. Royal Navy, the Queen Elizabeth Class carrier HMS Prince of Wales, was given the royal seal of approval when HRH The Prince of Wales,

RS Rules Conform to the IMO Goal-based Standards

The rules of the Russian Maritime Register of Shipping are in conformity to the International Maritime Organization (IMO)goal-based standards (GBS), the IMO’s Maritime

Offshore

US Oil Drillers Cut Rigs after 3 Weeks of Additions

U.S. oil drillers cut rigs this week for a 20th week this year after three weeks of additions, according to a closely followed report on Friday, as crude prices

Subsea 7 Announces PLSV Swap off Brazil

Subsea 7 S.A. said it has reached an agreement with Petrobras to substitute a pipelay support vessel (PLSV) working off Brazil.   The agreement will see the Subsea-7-owned

FPSOs Sit Unprecedentedly Idle

While the oil and gas markets are starting to come to life, nearing the $50 per barrel mark, the future fate of floating production remains a mystery   The 20

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pod Propulsion Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
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: 0.1048 sec (10 req/sec)