South Korea: SHI Lands 1.1 Billion Shipbuilding Deal

South Korean shipbuilder Samsung Heavy Industries has secured USD 1.1 billion contract for the construction of two drill ships. The order was placed by an American company with the delivery date scheduled for August, 2014.

So far, SHI has already secured USD 3.8 billion in newbuild orders reaching 30% of its annual order target of USD 12.5 billion for 2012.

Samsung Heavy Industries has successfully completed diverse projects With the aim of securing global leadership in various sectors including shipbuilding, offshore, engineering and construction, wind power, power and control systems. Since it launched the shipbuilding business, Samsung Heavy Industries has received orders for more than 1000 units of ships from the world’s leading shippers. The company has built the world’s largest number of ships in the drill ship and FPSO sectors. SHI has made remarkable achievements in the offshore platform sector for the development of undersea resources by producing crude oil production facilities, gas production facilities and drilling facilities.

Shipbuilding Tribune Staff, February 24, 2012

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Posted on February 24, 2012

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Port Finance International Mexico 2015

Given the successful gathering last June of our 1st Port Finance International Mexico & LATAM, PFI will be holding the 2nd Mexican & LATAM PFI Forum.

This conference is a meeting point to understand Mexicans ports current and future opportunities and find solutions to challenges.

Mexico’s port development and operations is currently thriving, with great opportunities of product and service provider companies to access high value opportunities.

Mexico’s Infrastructure investment has grown from 3% of GDP in 2000 to nearly 5% in 2012.

A National Program has been launched, devoting nearly £65 billion to help modernize and develop four leading ports, construct ten specialized terminals and grow Mexico’s cargo handling capacity by 60%.

There has been a £2.9 billion investment into expanding the port of Veracruz which will increase the port’s terminals from 18 to 28 and enhance its cargo capacity to 116 million tons.

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The course begins with the basics and safety concerns, and progresses through all phases of dry docking: preparation, docking, lay period…

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IMPA Singapore

The event will have a total focus on maritime procurement, featuring a high-level conference, IMPA’s Developing Skills in Procurement…

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Offshore Accommodation and Access

Asia’s ONLY Event on Offshore Accommodation

Offshore Accommodation and Access is the only event in Asia that provides you the key to find cutting-edge accommodation solutions for your offshore personnel. Get the latest outlook from key players as well as technical, commercial and operational perspectives that drive the market.

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Contact Details:
Email: register@ibcasia.com.sg
Telephone: +65 6508 2401
Fax: +65 6508 2407
Mail: IBC Asia (S) PTE LTD, 111 Somerset Road, TripleOne Somerset #10-06 Singapore 238164

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