Brazil’s richest man signs MOU with Hyundai Heavy Industries

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• To take HHI, 10-percent stake of the Brazilian shipyard

    Hyundai Heavy Industries Co., Ltd. (HHI), a South Korea-based shipbuilder, on Wednesday signed a deal on taking a 10 percent stake in OSX, a Brazil-based large shipyard

• Vyborg Shipyard revenue of up to 32 billion rubles in 2009

    Vyborg Shipyard OJSC predicts its 2.46-time revenue increase (up to RUR 32 billion) as of 2009 results, Valerii Levchenko, General Director of the shipyard informed journalists on the matter. As per Levchenko, incomings on Gasprom’s orders made the main part of the revenue current year. Vyborg Shipyard OJSC is specialized

• Jurong Shipyard to build a new shipyard in Brazil

     Sembcorp Marine wishes to announce that its wholly-owned subsidiary Jurong Shipyard (JSPL) will be building a new shipyard in Brazil to cater directly to one of the fastest growing offshore oil and gas exploration and production markets in the world. A freehold land area of 825,000 sqm (approximately 1.7 times

• STX Europe Signs Letter of Intent with PJMR for new shipyard in Brazil

     To meet the growing market in Brazil, STX Europe will expand its shipbuilding capacity for Offshore & Specialized vessels by setting up a new shipyard. The yard will be located in Fortaleza, in the Cear? state of Brazil. STX Europe entered the Brazilian market ten years ago, and has by

• COSCO Dalian delivers first heavy lifters

    COSCO Shipyard Group of China recently completed the ‘Adam Asnyk’, its first 30,000 DWT heavy lift vessel, at COSCO Shipyard Dalian. The newbuilding, ordered by Chipolbrok, was originally due for completion in March 2009 and appears to be delivered with 8-month delay.

• Hyundai names its first ship in Gunsan Shipyard

    Hyundai Heavy Industries held a naming ceremony for its first ship constructed at Gunsan Shipyard, North Jeolla Province. About 70 officials, including Hyundai Heavy Vice Chairman Min Gye-sik, attended the ceremony for naming the two 180 thousand tons bulk carriers for which Hyundai won orders in March 2008, and celebrated

• Hyundai Heavy wins U.S. $ 1.1 billion contract for offshore oil facility

    Hyundai Heavy Industries Co., the world’s largest shipyard, said Monday that it has won a deal worth US$1.1 billion to build an oil platform in Norway. The deal with ENI Norge AS of Norway calls on Hyundai Heavy to build the floating production storage and offloading facility by the end

• First stage Bolshoi Kamen Yard (Primorskiy Kray) add up to 2012 operating

    First stage of shipyard in closed territorial formation (ZATO) Bolshoy Kamen’ (Primorskiy Kray) will be put into operation in 2012.

• Brazil $ 8.43bn yard Booster good for the Asian shipyards

    Some Asian shipyards will gain financially from a new Brazilian law that will inject an extra Reais15bn (USD$8.43bn) into Brazilian shipping and shipyard programmes. For maritime industries operating in the South American country this week received a tremendous boost with the passing into law of MP 472 which promises to

• Petrobras plans Fleet drill ships

    Shunning a global shipyard tender process, the executive board of Brazilian state-owned oil company Petrobras recently approved a plan to charter up to 28 new offshore drilling rigs that will be built in Brazil. The plan, which could start this month, calls for the rigs, which will have increased domesticl content,

• Petrobras plans Fleet drill ships

    Shunning a global shipyard tender process, the executive board of Brazilian state-owned oil company Petrobras recently approved a plan to charter up to 28 new offshore drilling rigs that will be built in Brazil. The plan, which could start this month, calls for the rigs, which will have increased domesticl content,

• Korean Shipmakers look at 20 billion U.S. dollars Deal Brazil

    Brazilian state-run oil company Petrobras has revealed a plan to order 28 drill ships worth US$20 billion to a visiting Korean trade delegation. Meeting with representatives from Korea’s four leading shipmakers in South Gyeongsang Province as well as the governor of the province, Kim Tae-ho, the oil giant said it wants to

• Hyundai Heavy oil tanker breaks contract worth U.S. $ 425 million

    Hyundai Heavy Industries Co., South Korea’s leading shipbuilder, said Wednesday it has canceled a contract for five oil tankers at the buyer’s request. The order was worth 480 billion won (US$425 million), the shipbuilder said in a regulatory filing.

• HLCV BOREALIS Hull started in Nantong

     Nordic Heavy Lift ASA (NHL) is pleased to announce that the hull of the HLCV BOREALIS was launched on 19th October 2009 and is now safely afloat alongside the Nantong Yahua Shipyard in Nantong, China. The construction contract for the hull including major part of the pipe work was sublet by

• Denmark: Shipyard workers strike on the anniversary

    All hourly-waged workers at the Lindo shipyard put down their tools and went on strike this morning in protest that the shipyard’s owner, A. P