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Nakilat, Qatargas Ink $2.5b LNG Deal
Qatar Gas Transport Company (Nakilat) and Qatargas-II have signed 25-year timecharter deals to build the world’s largest liquefied natural gas carriers at a cost of $2.5bn.
Qatar Orders World’s Largest LNG Ships
Qatar Gas Transport Company (Nakilat) signed a contract with two South Korean shipbuilders to construct the world's largest liquified natural gas (LNG) carriers at a cost of $2.5bn…
Lloyd’s Register to Class New Fleet of Container Ships
Lloyd’s Register will class a series of five 8,100teu container ships to be built at Samsung Heavy Industries. The ships, ordered by Seaspan and China Shipping Group…
SHI Backlog: 110 Vessels
Someone forgot to inform South Korea's Samsung Heavy Industries (SHI) the world economy is in turmoil. SHI, one of the world's largest shipbuilders, reportedly won…
The Automated Ship: An Easier Path to Upgrading
A pragmatic European research initiative aimed at enabling ships already in service to more easily and more rapidly benefit from advances in computer and control…
Stolt Offshore Awarded Dalia FPSO Topsides Contract
Stolt Offshore has been awarded, by TotalFinaElf E&P Angola, a contract, as part of a Joint Venture with Technip-Coflexip and Saipem-SA, for the FPSO topsides on…
Conoco Forms GOM Shuttle Tanker Alliance
Conoco has taken another step toward safe movement of newly discovered crude oil reserves from the deepwater Gulf of Mexico to U.S. refineries by shuttle tankers built in the United States.
Daewoo To Build ULCCs For Loews Unit
Daewoo Heavy Industries has agreed to build two 442,500 dwt, ULCCs for Majestic Shipping Corp., a subsidiary of Loews Corp. Majestic also has options with Daewoo to build two additional vessels.
NOL To Charter Two Vessels For APL
Neptune Orient Lines Ltd. (NOL) will charter two new large container ships for use by APL, its container transportation and logistics unit, according to company officials.
Great Ship - SK Supreme
Samsung Heavy Industries Co. is scheduled to deliver by year's end, the largest size LNG carrier of GTT Mark-III membrane type and is scheduled to deliver two more vessels within 2000.
Kawasaki Heavy Industry, Chinese Co. To Set Up Shipyard
As Beijing looks to boost ship exports, Japan's Kawasaki Heavy Industry Ltd is likely to join state-run China Ocean Shipping Group to set up a $96.8 million shipyard in east China.
Samsung Wins LNG Ship Orders
Britain's BG Group Plc agreed to buy two new liquefied natural gas (LNG) ships from South Korea's Samsung Heavy Industries Co. Ltd. with an option for six more ships.
Local Yards Start to Feel the Impact
The U.S. Gulf of Mexico region is again poised to prosper, spurred by the buzz of activity surrounding the oil patch, and specifically the renewed vigor with which…
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.
KHI, China Ocean Shipping To Set Up Shipyard
As Beijing looks to boost ship exports, Japan’s Kawasaki Heavy Industry Ltd. and state-run China Ocean Shipping Group have announced intentions to set up a $96.8 million shipyard in east China.
R&B Falcon Announces Deepwater IV Contract with Texaco
R&B Falcon Corporation has confirmed a three-year drilling contract with Texaco for its newbuild 10,000-ft. water depth dynamically positioned drillship Deepwater IV…
NOL To Charter Two Vessels For APL
Neptune Orient Lines Ltd (NOL) will reportedly charter two new large container ships for use by APL, its container transportation and logistics unit. The two vessels…
Samsung Wins $500 M In Orders
Samsung Heavy Industries Co. has won $500 million in orders to build eight ships for Greek, German and British companies, according to company officials. Samsung…
Daewoo Heavy May Join Engine Joint Venture
Daewoo Heavy Industries Co. has reportedly expressed willingness to join Korea Heavy Industries and Construction Corp. in a planned ship engine joint venture. Executives from Daewoo…
Hellespont Places Order With Samsung
Piraeus-based Hellespont Shipping Corp. has contracted Samsung Heavy Industries for the first two vessels in a new class of VLCC's. The contract also calls for the…
