SinoPacific Signs Deal for Six OSVs

(MarineLink)
Monday, July 23, 2012

The SINOPACIFIC Shipbuilding Group signed a newbuilding contract of 4 SPP35 platform supply vessels (PSV) and a Letter of Intention of 2 large SPP50 PSVs with SLOK Nigeria Ltd. The six vessels are scheduled to be delivered by the end of 2014. This marks the first time that independently designed offshore supply vessel (OSV) products of SINOPACIFIC direct selling to the African market, signifying the growing maturity and acceptance of the SP brand within the market. Over the past two years, SINOPACIFIC has successfully sold 20 similar vessels.
Reportedly, the two newly contracted types will be built at SINOPACIFIC’s Dayang Shipyard.
“Dayang has been focusing on efficiently building bulk carriers. This time, the building of high value-added OSVs is a major strategic initiative taken by SINOPACIFIC to transform and upgrade Dayang in the downturn of the current shipbuilding market,” said Wang Jianding, general manager of Dayang Shipbuilding, “In the future, Dayang will continue to build upon the Group’s design and market advantages to adjust our product mix accordingly, fully leverage our strength in production capacity and manufacturing efficiency, to ensure it to become one of the manufacturing bases which SINOPACIFIC will use to carry out its OSV strategy - leadership in niche market.”
SLOK is a leading company in the upstream service of oil and gas supply in Nigeria, and also the first African client to order medium- and large-sized PSVs from China. “The cooperation with SLOK symbolizes that we have sufficient advantages and conditions to implement the relevant market strategies in West Africa,” stated Simon Liang, President and CEO of SINOPACIFIC, “We are capable of combining the innovation of business with leading technologies to maintain our leading position in the OSV segment.”
 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

British Queen to Name New Ship

Queen Elizabeth II will christen P&O Cruises’ new flagship Britannia in Southampton, England, on March 10. She will be accompanied by her husband, Prince Philip, the Duke of Edinburgh.

Zamakona Yards' Commitment to Well-being

Recently employees of Zamakona Yards participated in a training course for maintaining Health, Safety and Environment (HSE). The theoretical practice focused on working at heights,

GasLog Post 4Q 2014 Results

GasLog Ltd. and its subsidiaries an international owner, operator and manager of liquefied natural gas carriers, today reported its unaudited financial results for the quarter ended December 31,

Contracts

Chassis Pools for Port of Long Beach

Three companies that own the vast majority of chassis serving the San Pedro Bay ports are on track to activate a “gray chassis fleet” of truck-trailers on March 1,

Davie Building LNG-powered Ferries

Canadian shipbuilder Davie held a keel laying ceremony for MV Armand-Imbeau II, marking the beginning of the hull assembly for this first of two sisterships under

Lithuania Looks to U.S. for Gas

Lithuanian liquefied natural gas (LNG) importer Litgas has signed a preliminary agreement with a U.S. supplier, looking to lessen the Baltic nation's dependence on Russia.

Offshore

Hercules Offshore Shares Fall 33%

Drilling contractor Hercules Offshore Inc's shares fell as much as 33 percent to a record low on Friday, a day after Deutsche Bank cut its price target on the company's stock to $0.

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

Mexico Approves 5 Shallow Water Areas in Round One Oil Tender

Mexico has approved the terms for five shallow water areas containing around 355 million barrels of oil equivalent as part of its Round One tender to open up the country's oil fields,

Workboats

Damen ASD 2810 Hybrid Tug Delivered to Multraship

Multraship took delivery of a Damen ASD 2810 Hybrid tug vessel, built at Damen Shipyards Galaţi, in Romania. The delivery is part of Multraship’s fleet expansion program,

Keels Laid for Two Aluminum OSVs

Triangle Marine Services and Marine Core & Charter host keel laying ceremony for two Aluminum Fast Offshore Support Vessels   UAE-based shipbuilder Triangle Marine

James Fisher Wind Farm Support Vessel Named

James Fisher Marine Services’s (JFMS) multipurpose wind farm support vessel, Dart Fisher, has been formally named by the vessel’s Godmother Maria McCaffery MBE,

 
 
Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.3342 sec (3 req/sec)