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ABB Wins $80 million Order From Samsung Heavy Industries
ABB recently won an order worth $80 million from Samsung Heavy Industries to supply energy efficient drives, motors and electrical power systems for five drilling vessels and two liquefied natural gas (LNG) carriers to be built at Samsung’s shipyard in Korea. The vessels will be used to extract, process and transport oil and gas. The order was booked in the second quarter of 2012. Samsung Heavy Industries…
ABB Wins Electrical Contract for Drillships, LNG Carriers
ABB's order, worth $80 million from Samsung Heavy Industries, is to supply energy efficient drives, motors and electrical power systems for five drilling vessels…
Concordia Maritime's Suezmax Tanker Named
The tanker is a third generation, fuel-efficient Suezmax and will be employed in the open market via the Stena Sonangol Suezmax Pool. She is expected to be delivered shortly, the fifth in a series of seven units, each representing an investment of just under SEK 500 million, designed by Stena Bulk and ordered in March 2010. Together with Samsung Heavy Industries (SHI), Stena Teknik has been responsible for the development of the new ship model, where the focus has been on energy efficiency.
Deepwater Drillships Named at Korean Yard
Brazil's Queiroz Galvão Óleo e Gás S.A. QGOG announces the naming ceremony in South Korea of the Amaralina Star and the Laguna Star, the newest dynamically positioned…
Five-year Contract for Pacific Drilling Vessel
Pacific Drilling S.A. Pacific Sharav is scheduled for delivery by Samsung Heavy Industries in Korea in the fourth quarter of 2013, upon completion of construction and client requested modifications.
Golden Valve & Platinum Pipe Awards
WorleyParsons, Empresarios Agrupados and Samsung Heavy Industries receive Intergraph® awards at Hexagon 2012 (the annual user conference for Intergraph's Process…
LNG Tanker Shipbuilders Avoid Slump
According to Bloomberg Business Week, prices for tankers able to hold 160,000 cubic meters of gas have held steady at about $202 million since 2010, based on Clarkson Plc data…
Panama Canal Explains Impact of Expansion Program
PCA is meeting with clients, government officials, and maritime authorities from China, Japan, and South Korea to reaffirm its relationship with customers and explain…
Korean Shipbuilders in Troubled Waters
According to a report by Park Si-soo in the 'Korea Times', Korean shipbuilders are caught between a rock and a hard place. The prolonged global economic downturn…
UASC Names Samsung Heavy Built Containership
The United Arab Shipping Company (UASC) has named it’s new 13,500 TEU containership Ain Snan at a ceremony in Hamburg, following a nine-month building phase. The…
UASC Names 13,500 TEU Containership
United Arab Shipping Company increases its fleet with more 13,500 TEU vessels; The United Arab Shipping Company (UASC) names 13,500 TEU containership in Hamburg on 25 May. The AIN SNAN was delivered after a nine-month building phase in January of this year. The UMM SALAL, the first of nine UASC new builds in this size class already went into service in June 2011. During the course of the first five…
ABS to Class Ensco Deepwater Drillships
Ensco plc has selected ABS as the class society for its advanced-capability, ultra deepwater drillship to be built at the Samsung Heavy Industries, Co. Ltd (SHI) Shipyard in Geoje, South Korea.
FMC Technologies Awarded Offshore Contract
FMC Technologies, Inc. (NYSE: FTI) announced on May 14, 2012 that it has signed an agreement with Technip France, on behalf of the Technip Samsung Consortium (TSC)…
Korean Shipbuilder Delivers 'Eco-design' Suezmax to AET
Recognising the ever increasing demand for more fuel efficient and environmentally friendly vessels, tanker owner/operator, AET, has taken delivery of the first of four “eco-design” Suezmax tankers.
ABS Elects New Council
At the 150th Annual Meeting of the Members of ABS, three industry leaders were elected to the ABS Council. Following the Annual Meeting, the ABS Council met and elected industry leaders to both its Marine and Offshore Technical Committees. Individuals serving on the ABS Council and the Technical Committees help guide the class society in fulfilling its mission of promoting the security of life, property and the natural environment.
Intergraph Opens Expanded Marine Center in Korea
Samsung Heavy Industries (SHI), one of Intergraph's major marine customers, specializes in complex high-technology, high-value specialty ships, and it is the market leader in the drill ship…
Korean Shipyard Wins Ultra-deepwater Drillship Contract
Ensco plc has has ordered a new advanced-capability, ultra-deepwater drillship to be built at the Samsung Heavy Industries, Co. Ltd. (SHI) Shipyard in Geoje, South Korea.
LNG Carrier Trade & Safety – ABS Seminars
ABS, provider of classification services to the global offshore industry, has delivered a series of seminar addressing developments in the construction and design of liquefied gas carriers.
ABS Shares LNG Insight With the Industry
Houston – ABS has delivered a seminar series addressing developments in the construction and design of liquefied gas carriers. Events were held in Doha, Qatar; Athens, Greece; and Limassol, Cyprus.
Wärtsilä Engine Selected for Korean Green Project
Wärtsilä dual-fuel technology selected for 'green ship' project by South Korea Government. Wärtsilä has been contracted to supply the main engine for a Korean government Incheon Port Authority (IPA) Guideship. Environmental sustainablility is a priority for this ship. The 200 gross tonnage Guideship is to be designed and coordinated by Samsung Heavy Industries (SHI) in Korea on behalf of the state-owned Incheon Port Authority (IPA).
