The shipbuilding industry has been taking a hard hit across Asia, where the world’s top ship and rig builders are based.
Maersk Drilling rig Maersk Invincible, the fourth XL Enhanced ultra-harsh environment jack-up, was named on Friday morning at a ceremony held at Daewoo Shipbuilding and Marine Engineering’s (DSME) shipyard in South Korea.
Daewoo Shipbuilding & Marine Engineering (DSME) is cutting 3,000 employees from its workforce by end-2017 amid restructuring plans to raise liquidity.
Songa Offshore hits back at DSME with a US$65.8 million demand, as the row over the build of two offshore drilling rigs continues to escalate.
Seadrill postpones two ultra deepwater drillships from being delivered in 2016 by Daewoo Shipbuilding & Marine Engineering Korea.
Offshore drilling contractors, Songa Offshore, could be heading to court, after the row between the firm and rig builders Korea’s Daewoo (DSME) heats up.
One worker is reported to have died and several injured, after a fire broke out during the construction of an LNG vessel at Daweoo’s shipyard in Korea.
Offshore drilling contractors, Transocean, has today announced that it has delayed the build of two new ultra-deepwater drillships, in cooperation with Shell