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Wednesday, January 17, 2018

Million Order News

Hyundai Heavy Lands $800 Million Order From ExxonMobil

South Korea's Hyundai Heavy Industries said on Monday it has won an $800 million order from Exxon Mobil, to build offshore oil producing facilities in Angola. Hyundai Heavy would oversee the entire construction of the floating production storage and off-loading (FPSO) facilities.

Daewoo Heavy Wins $180M Italian Order

Daewoo Heavy Industries Co Ltd reportedly won a $180 million order from Italy's Moby Lines to build two luxury car-ferry ships.

Samsung Wins Containership Job

Samsung Heavy Industries Co. reportedly won a $240 million order from Germany's Hamburg Sud to build six 3,400-TEU containerships.

MAAG to Supply Gearboxes for IZAR-Built Norwegian Naval Vessels

Danish engineering group FLS Industries on Tuesday said its Swiss-based MAAG unit won a 120 million crown ($13.8 million) order to supply gearbox systems to a Spanish shipbuilding group. The order is for five high efficiency, ultra-low noise combined diesel and gas turbine propulsion gearbox systems to be installed in frigates to be built for the Norwegian navy by Spanish shipbuilder IZAR, one of the world's leading producers of naval vessels, FLS said in a statement. Delivery of the gear sets is due to start in 2002 with the order scheduled for completion in 2006.

Daewoo Lands $340 Million LNG Order

South Korea's Daewoo Shipbuilding and Marine Engineering said on Tuesday it had won a combined $340 million order to build liquefied natural gas (LNG) carriers from Belgium and Norway. Daewoo Shipbuilding won orders to build a $170 million LNG ship each from Belgian shipping group CMB unit Exmar and Golar LNG of Norway, a company spokesman said. Daewoo's LNG orders totaled 10 ships worth $1.7 billion so far this year, he said.

Hyundai Mipo Gets Chem Carrier Contract

Hyundai Mipo Dockyard reportedly won a $60 million order to build two chemical carriers. Following this announcement, the builder's orders to build and repair vessels so far this year to $980 million. - (Reuters)

$67M Containership Order Logged

South Korea's Hyundai Merchant Marine placed a $67 million order for a containership with Heavy Industries. Hyundai Merchant said it had borrowed funds from foreign financial institutions at LIBOR plus one percent for the 5,700 TEU-sized order. The shipping and trading company, a unit of Hyundai Group, said the containership would serve Asia-Europe routes from 2003. It said it would also place more ship orders in the second half of this year, including two 4,700 TEU container ships.- (Reuters)

Canadian Shipyard wins $45M Order

Canadian Shipbuilding and Engineering has won a $39.6 million order for three new ships that will keep the St. Catharines, Ont., shipyard running at full employment for the next two years, Buffalo News reported. The order, which resulted from an alliance with Dutch shipbuilder Peters Kampen Shipyards that was announced last September, is expected to keep Port Weller Dry Docks' employment at 250 through the end of next year. The ships were ordered by a British firm, Carisbrooke Shipping. (Source: Buffalo News)

MacGregor Receives €37 Million Order from Hornbeck

Cargotec's MacGregor has received €37 million order from Hornbeck Offshore Services Inc. to deliver four 250-ton active heave-compensated (AHC) subsea cranes for four multi-purpose supply vessels (MPSV).  The cranes will be delivered between fourth quarter 2014 and third quarter 2015. The order is booked in the second quarter 2013 order intake. "MPSVs are specialized vessels that are principally used to support complex deepwater subsea construction, installation, maintenance, repair and other sophisticated operations," said Frode Grøvan, Sales and Marketing Director for MacGregor Advanced Load Handling.

Hyundai Heavy Wins LNG Orders

South Korea's Hyundai Heavy Industries won $340-million orders to build two LNG carriers for Golar LNG of Norway. One of the ships would be delivered by December 2003 and the other by July 2004, said a spokesman for the world's largest shipbuilder. With the new contracts, LNG orders for Hyundai Heavy have risen to six ships this year, worth about $1.02 billion, he said.

AP Moller Unit Orders $300M Oil Rig

Oil and shipping conglomerate A.P. Moeller has placed a $300 million order with a South Korean shipyard for a new jack-up oil rig for its Maersk Drilling unit. Officials declined to give the name of the shipyard. The order may signal that the strengthening of crude oil prices in the past year has sparked increased exploration activity globally, analysts said, noting that Denmark-based A.P. Moeller's Maersk Drilling had last taken delivery of a new jack-up oil rig 10 years ago.

$300M Oil Rig Ordered

Oil and shipping conglomerate A.P. Moeller has placed a $300 million order with a South Korean shipyard for a new jack-up oil rig for its Maersk Drilling unit. Officials declined to give the name of the shipyard. The order may signal that the strengthening of crude oil prices in the past year has sparked increased exploration activity globally, analysts said, noting that Denmark-based A.P. Moeller's Maersk Drilling had last taken delivery of a new jack-up oil rig 10 years ago.

Hyundai Heavy Gets $110 M order

South Korea's Hyundai Heavy Industries has reportedly won a $110 million order from France's Total to build an undersea pipeline in Iran. Hyundai officials said the order was won on a turnkey basis, and that it would complete the construction of the 212-km-long pipeline by April 2001. The pipeline would be used to transport crude oil from an oil field in Iran's South Pars.

Daewoo Shipbuilding Wins $470M Order

Daewoo Shipbuilding & Marine Engineering has won a $470 million order to construct a drillship for the first time. The order was placed on a turnkey basis by the world’s largest offshore drilling contractor, Transocean of the United States. The drillship will be delivered by 2008 for energy giant Chevron Corp.’s oil and natural gas field in the Gulf of Mexico. (Source: Korea Times)

Xtreme Gets $1M Order From Wayton Marine

Xtreme Companies, Inc. announced the receipt of a $1 million order from Texas-based Wayton Marine International. The purchase order is for 10 Challenger Z-Series boats.

Shipbuilders Cash In on Special Vessels

According to reports, South Korean shipbuilders are profiting more from selling high-value units such as offshore plants and liquid gas carriers than ever. Daewoo Shipbuilding and Marine Engineering, already has won a record-high $7 billion in building orders this year, which exceeds last year's record of $6.6 billion. Such high performance was largely affected by the sales of four offshore oilrig units, which amounted to $1.9 billion in total. The company also has recorded steady sales of LNG carriers, capped with a $430-million order for a pair of LNG carriers from a Norwegian company last month. Hyundai Heavy Industry is benefiting from oil prices and an increase in the demand for gas energy.

STX Offshore Wins $388M Order for 8 Tankers

Reuters - South Korea's STX Offshore & Shipbuilding Co Ltd said on Monday it won a 413.8-billion won ($387.63 million) order to build eight tankers from from Navig8 Product Tankers Inc. The South Korean shipbuilder said in a statement the contract includes an option for four more tankers, which would take the total order amount to about 620 billion won. The contract for the initial eight tankers is expected to be completed by June 2016. ($1=1,067.5000 Korean won) (Reporting by Joyce Lee; Editing by Clarence Fernandez)

Daewoo Shipbuilding Gets Order From Exmar

Daewoo Shipbuilding & Marine Engineering Co. has won a $270 million order to build a liquefied natural gas carrier and refit three other LNG carriers for Exmar N.V. of Belgium. According to reports, Daewoo will deliver the vessels by 2005. The vessels are capable of carrying 4.83 million cubic feet of liquefied natural gas each and will be chartered to Houston, Texas-based El Paso Global LNG.

Daewoo Gets $155M Order For Tankers

Daewoo Shipbuilding and Marine Engineering Co., Ltd. has won a $155 million order to build five oil tankers for Stelmar Shipping. Daewoo Shipbuilding will construct five crude oil tankers, which carry 69,000 tons of crude oil each. The ships will be delivered to the Greek company by the end of 2004, according Daewoo Shipbuilding.

Daewoo Wins $90M Greek Ship Order

Daewoo Heavy Industries Co. Ltd. has reportedly won a $90 million order from Greece's Chandris Inc. to build four bulk carriers.

Hyundai To Get $400M Order

Hyundai Heavy Industries is reportedly close to signing a $400 million order with a Nigerian company for two 138,000 cu.-m. LNG carriers.

Daewoo Heavy Wins $140M Greek Order

Daewoo Heavy Industries Co. Ltd. reportedly won a $140 million order from Greece's Kristen Navigation Inc. to build two very large crude oil carriers.

HBG Unit Wins Offshore Order

Hollandsche Beton Group (HBG) reportedly won a $14 million order from Hague-based Elf Petroland BV to design and build an unmanned offshore gas platform.

Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

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