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Offshore

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Latest From Offshore

Wind turbine installation vessel tilts off southern China

The vessel was serving a wind farm project run by China General Nuclear Power Corp when the incident happened

Asia Pacific Offshore

CSIC Ltd sustains losses from offshore yard restructuring

CSIC Ltd made a Yuan312m ($48.26m) provision for impairment losses last year because of debt reorganisation. But it expects no impact on its finances for 2021

Asia Pacific Tankers and Gas

Sembmarine yard in Brazil lands $175m FPSO deal

The contract came after Petrobras made a call to divert the FPSO to the Itapu field

Brazil Offshore

DSME venture wins $2.3bn offshore facility contract

It is the highest-value offshore shipbuilding contract awarded to the South Korean group since 2014 when a collapse in oil prices marked the beginning of a multi-year sectoral downturn

Brazil Offshore

Sembmarine projects face delay as skilled worker supply falls

Sembcorp Marine is looking for alternative sources of skilled labour, which is in short supply due to increased restrictions linked to pandemic border controls

Singapore Offshore

China-based shipbuilders added to US investment blacklist

President Biden said that ‘additional steps’ were necessary to address the national emergency declared in his predecessor’s executive order in November 2020, including the threat posed by China’s ‘the military-industrial complex’

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