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Offshore Wind: Seajacks Scylla Ready to Roll
![Seajacks Scylla, the largest and most advanced windfarm installation jack-up ever built. (Photo: Gibdock)](https://images.marinelink.com/images/maritime/w200h200c/seajacks-scylla-the-largest-and-55735.jpg)
Gibdock was selected for the afloat mobilization of Seajacks Scylla, the largest and most advanced windfarm installation jack-up ever built. Following delivery to Seajacks by Samsung Heavy Industries at the end of 2015, Scylla was discharged to Gibraltar waters from the heavylift transporter Osprey before being towed into Gibdock for reactivation works at the yard’s South Mole. Seajacks Scylla completed…
Another Brutal Year for Korean Shipyards?
2016 could be a brutal year for Korean Shipyards. Yonhap reports that the country's shipbuilders failed to clinch any new orders in January, underscoring the protracted…
Hyundai Heavy Closes Onsan offshore
Hyundai Heavy Industries has temporarily shut one of its two factories making offshore oil rigs - Onsan plant in South Korea - due to downturn in the global oil and gas industry.
Iran Plans Listing NITC to Fund Fleet Modernization
![Photo: NIOC](https://images.marinelink.com/images/maritime/w200h200c/photo-nioc-54415.jpg)
Iran plans to list its national tanker company to raise badly needed cash to upgrade its massive fleet and replace older vessels, as the middle east country prepares for an aggressive return to the global oil market. The country emerged from years of economic isolation last weekend after crippling sanctions were lifted in return for Tehran complying with steps to curb its nuclear ambitions. Iran has one of the world's biggest tanker fleets…
Bleeding Continues for Korean Shipbuilders
South Korea's big three shipbuilders are set to post over 8 trillion won (US$6.66 billion) in operating losses in 2015 because the industry has not found a way out of a prolonged slump…
Chinese Shipyard in Fifth Place for First Time
According to UK-based Clarkson Research Services, Shanghai Waigaoqiao Shipbuilding (SWS) had an order backlog in November of just over three million compensated gross tons (CGTs)…
GTT Grants License to India's CSL
GTT grants a License Agreement to Cochin Shipyard Ltd. GTT (Gaztransport & Technigaz) announced it has granted a License Agreement to Cochin Shipyard Ltd. (CSL)…
Korean Shipbuilders May Fail to Achieve Targets
South Korea's big three shipbuilders - Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. - may miss this…
Korea's Ship Building Orders Dip to 6-Year Low
South Korean shipbuilders' new orders in November fell to the lowest level in six years amid woes over their growing losses, Yonhap reports. Meanwhile, Chinese rivals…
Seajacks Scylla Delivered
![Seajacks Scylla (Photo: Seajacks)](https://images.marinelink.com/images/maritime/w200h200c/seajacks-scylla-photo-seajacks-52692.jpeg)
Seajacks Scylla, touted as the world's largest and most advanced wind farm installation and offshore construction vessel, has been delivered by the Samsung Heavy Industries Shipyard in Geoje, Republic of Korea. Based on the Gusto MSC NG14000X design, the ABS-classed Seajacks Scylla, has more than 8,000 metric tons of available variable deck load. Equipped with a 1,540-metric-ton leg-encircling crane and a usable deck space in excess of 5…
STX Offshore in Deep Financial Crisis
The South Korean shipyard STX Offshore & Shipbuilding is apparently close to a bankruptcy if not yard soon find new vendors who are willing to pump huge sums into the yard.
Bestobell Secures High Pressure Valve Orders
![Photo: Bestobell Marine](https://images.marinelink.com/images/maritime/w200h200c/photo-bestobell-marine-52037.jpg)
Bestobell Marine has secured two orders to supply its new range of high pressure globe and check valves to be used in high pressure fuel gas systems on board ships. The valves will be used within the pump and vapouriser skids for six LNG carriers that are being built at DSME shipyard and also for two LNG carriers being built at SHI (Samsung Heavy Industries), both in South Korea and due to be fitted with the MAN ME-GI engine.
PFLNG2 Keel Laid at Korea’s SHI Yard
Petronas has laid keel for its second floating liquefaction plant, Petronas Floating LNG2 (PFLNG2), in Geoje Island, South Korea. Petronas, together with JGC Group and Samsung Heavy Industries (SHI)…
Creditors to Pump $3.7B into Ailing DSME
Creditors of South Korea's Daewoo Shipbuilding and Marine Engineering Co. will pour 4.2 trillion won about (US$3.68 billion) into the ailing shipyard to help it get back on track…
Keel Laid for Lead Ship of Arctic Tanker Series
![Photo: RS Class](https://images.marinelink.com/images/maritime/w200h200c/photo-rs-class-51505.jpg)
A keel laying ceremony was held Monday at Korea’s Samsung Heavy Industries Co., Ltd. for the first of six ships in the project 42К Arctic Shuttle Tanker series. The six tankers in the series will be named after the famous Russian explorers of the Arctic, including participants to the Great Northern Expedition of the 18th century. The ships are being built to the dual Russian Maritime Register of Shipping / Lloyd’s Register class.
AET Orders Eight Tanker Newbuilds
![Photo: AET](https://images.marinelink.com/images/maritime/w200h200c/photo-aet-51498.jpg)
AET, an owner and operator of petroleum tankers, has signed contracts worth approximately $500 million combined for the construction of eight new vessels. AET on Tuesday contracted Korean shipbuilder Samsung Heavy Industries Co Ltd (SHI) for four 113,000 dwt Aframax vessels to be delivered in 2018. The shipper then signed an additional contract Wednesday with another Korean builder Hyundai Heavy Industries Co Ltd (HHI) for two 114…
ABS to Class Two More Kogas LNG Carriers
ABS has been selected to class two Liquefied Natural Gas Carriers (LNGCs) for SK Shipping, featuring the KC-1 cargo containment system (CCS). The agreement brings…
ABS Spearheads Offshore Standardization JIP
ABS, a provider of classification services to the global offshore industry, has entered into a memorandum of understanding with Korean shipbuilders Hyundai Heavy Industries (HHI)…
Daewoo Shipbuilding May Post Loss of Over US$4.6 Bln
Daewoo Shipbuilding & Marine Engineering Co. (DSME) is expected to log an operating loss of over 5 trillion won (US$4.4 billion) this year, up by some 1 trillion won from previous forecasts…
French President Inaugurates CMA CGM’s New Mega Ship
![François Hollande with Jacques Saadé at the inauguration ceremony for CMA CGM Bougainville (Photo: CMA CGM)](https://images.marinelink.com/images/maritime/w200h200c/franois-hollande-with-jacques-saad-50721.jpg)
The CMA CGM Bougainville, the largest containership sailing under French flag, was inaugurated Tuesday by French President François Hollande in Le Havre. Other key figures present for the inauguration include Jacques R. Saadé, Chairman and Chief Executive Officer of CMA CGM Group; French Minister of Foreign Affairs and International Development Laurent Fabius; French Secretary of State for Transportation Alain Vidalies…