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Nakilat Seeks $2.5b for Tankers
Qatar Gas Transportation (Nakilat) is considering tapping the Islamic finance market as part of plans to raise $2.5b early next year to pay for tankers, Reuters said.
Siemens Provides Hypochlorination Systems for LNG Ships
Samsung Heavy Industries (SHI) has awarded Siemens Water Technologies an order for 14 Electrocatalytic Chloropac sodium hypochlorite generating systems. SHI, in turn…
Hyundai Mipo Wins $222m Contract
The Hyundai Mipo Dockyard Co., a unit of Hyundai Heavy Industries Co. said it had won a $222m order to build five chemical carriers. The shipbuilder will deliver…
China Overtakes Korean Shipbuilding
South Korean shipbuilders were overtaken by their Chinese rivals in new orders acquired in the first four months of the year, a London-based market researcher said on Wednesday.
SHI to Extend Existing Intergraph Software Installation
Samsung Heavy Industries (SHI) has committed to using Intergraph’s Marine Enterprise solutions suite for the design and manufacturing of ships. SHI will extend its…
Samsung Heavy Industries Wins $771m Contract
Samsung Heavy Industries Co., has received a $771m order to build six container ships from a European company. The vessels will be delivered by July 2010, it said in a filing with the Korea Exchange.
Linde Group to Supply for LNG Tankers
Cryostar, a subsidiary of The Linde Group, has won an order from Samsung Heavy Industries totaling more than $50m. As part of this order, Cryostar will supply on…
Linde Group to Supply Reliquefaction Equipment for New Fleet of LNG Carriers
Cryostar has won an order from Samsung Heavy Industries totalling over $50m. As part of this order, Cryostar will supply on-board boil-off gas reliquefaction plants…
Chinese Shipbuilding Yard Enters World Top 5
A Chinese shipbuilding yard has entered the global top five in terms of order backlog. According to a report by London-based shipbuilding and marine transportation researcher Clarksons…
Daewoo Secures $1.66b in New Order
Daewoo Shipbuilding Marine and Engineering Co. said it has received a combined $1.66b in new orders this month to build 16 vessels. The vessels won together with its Romanian subsidiary…
Samsung Heavy wins $1.29b Order
Samsung Heavy Industries Co., won a $1.29b order to build eight container ships for a European company. The vessels will be delivered by 2011, the company said in a regulatory filing.
Korean Shipyards Hold Lead in Market
Yonhap reported that South Korean shipyards have unparalleled competitiveness despite recent challenges posed by Chinese shipyards, industry and government sources said.
S. Korean Shipyards Forecast to Win Most LNG Carrier Orders
South Korean shipbuilders are expected to win the bulk of global orders for liquefied natural gas (LNG) carriers this year thanks to their capabilities to build such ships…
Hamworthy Wins Orders for 8 LNG Reliquefaction Systems
Hamworthy PLC said it won orders to supply 8 LNG reliquefaction systems worth over 20 mln stg and said the deliveries will be made during 2008. Hamworthy said Daewoo…
Orders at Korea's 3 Big Shipyards to Break $30B
Korea's three major shipbuilders are expected to draw in orders worth $30 billion this year, according to a report on http://english.chosun.com. Reports put orders…
Orders at Korean Shipbuilders to Break $30b
Korea's three major shipbuilders are expected to draw in orders worth $30b this year, Arirang News reported. Industry reports put orders for Hyundai Heavy Industries at $13b…
China's Shipbuilding Strives for Top Spot
According to reports, China strives to become the world's largest shipbuilder. Last year China maintained its position as the world's third-biggest shipbuilder,…
Korean Firms Win Qatar LNG Carrier Contracts
The Samsung Heavy Industries Co., has won a $1.14b deal to build four liquefied natural gas (LNG) carriers. The deal from Qatar Gas Transport Co. Ltd. calls for…
Neptune LNG Project Secures Deep Water Port License
MarAd has decided to issue a deepwater port license to SUEZ Energy North America's subsidiary, Neptune LNG LLC to build, own, and operate the Neptune offshore LNG delivery system in Massachusetts Bay.
Samsung Heavy Expects Fewer Ship Orders
Samsung Heavy Industries said that orders this year for its vessels and offshore platforms may fall as much as 21 percent as demand weakens from three consecutive years of records, Bloomberg reported.