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Shipbuilding

COSCO Delivers Semi-Submersible Barge

COSCO Singapore subsidiary COSCO (Zhoushan) Shipyard Co., in China, delivers the barge 'Posh Mogami'. The150 meters semi-submersible barge has been delivered to an Asian buyer. The Posh Mogami measures 150 meters in LOA…

Shipbuilding

China Plans Shipuilding Expansion on SE Coast

Fujian province expects to have the ability to build more than 8 million deadweight tons of ships each year, by the end of 2015. The government’s “11 Measures to Transform and Upgrade the Shipbuilding Industry” calls the…

Shipbuilding

Seaspan on Container Ship Buying Spree

Seaspan Corporation orders 4 newbuild 10,000 TEU container ships and, buys 4 second-hand 4,600 TEU ones. Seaspan has signed contracts for the construction of four 10,000 TEU class newbuilding containerships, at Jiangsu…

Shipbuilding

Latest Global Shipbuilding Orders

There has been activity in the VLCC, Product Tanker, Container Ship, LNG Carrier, and Car Carrier newbuild markets. Orders as reported by Clarkson Hellas are summarised as follows: China Merchants Energy Shipping (CMES)…

Contracts

Frigstad Orders Ultra-deepwater Semi-submersibles

Subsidiaries of Frigstad Deepwater Ltd sign construction contracts for two ultra deepwater semi-submersible drilling units from CIMC Raffles in Yantai, China. The 7th generation drilling units are of the Frigstad D90™…