Transocean to acquire Ocean Rig for $2.7 billion

SEPTEMBER 4, 2018 — Offshore drilling contractors Transocean Ltd. (NYSE: RIG) and Ocean Rig UDW Inc. (NASDAQ: ORIG) report that they have entered into a definitive merger agreement under which Transocean will

Samsung Heavy opts for Amazon as its preferred cloud provider

AUGUST 13, 2018 – Amazon Web Services, Inc. (AWS), says that shipbuilder Samsung Heavy Industries has selected it as its preferred cloud provider to support its digital transformation. Samsung Heavy Industries’ next-generation

Red ink second quarter for two Korean shipbuilding giants

JULY 24, 2017 — South Korean shipbuilders Hyundai Heavy Industries and Samsung Heavy Industries both reported second quarter losses Monday. Yonhap news agency reported Hyundai Heavy, the world’s largest shipbuilder by sales

Hyundai Merchant Marine picks three yards to build 20 mega ships

JUNE 4, 2018 — South Korea’s Hyundai Merchant Marine (HMM) has selected the shipbuilders who will build the eco-friendly mega containerships it is to order under its “Capacity of 1 Million TEU

GasLog orders 180,000 cu.m LNG carrier at Samsung

MAY 30, 2018 — Monaco headquartered GasLog Ltd. (NYSE:GLOG) has inked a seven year time charter party with a wholly owned subsidiary of Centrica plc for a newbuild LNG carrier and has

Giant jack-up marks a wind farm installation milestone

MAY 17, 2017 — Wind farm installation specialist Seajacks UK reports that its largest and most advanced installation jack-up vessel, Seajacks Scylla, has successfully completed work on the biggest offshore wind farm

MAN Diesel & Turbo to power 11 MSC mega-box ships

APRIL 17, 2018 — Eleven 23,000 TEU containerships ordered by Mediterranean Shipping Company (MSC) at two South Korean shipyards will each be equipped with a MAN B&W 11G95ME-C9.5 main engines. MAN Diesel

First Mitsui Cameron LNG project carrier named in Geoje

APRIL 2, 2018 — Samsung Heavy Industries Co’s Geoje, South Korea, shipyard last week hosted a naming ceremony for the 174,000 cu.m LNG carrier Marvel Falcon. The vessel is to be chartered

SHI Smart Ship Solution gets ABS Cyber Safety certification

MARCH 26, 2018 — Classification society ABS has granted a Certificate of CyberSafety Compliance for shipbuilder Samsung Heavy Industries Smart Ship Solution, demonstrating adherence to the ABS Guide for Cybersecurity Implementation for

LNG fueled shuttle tanker duo to feature wide range of ABB solutions

MARCH 20, 2018 — ABB has won an order from shipbuilder Samsung Heavy Industries to equip two new shuttle tankers, contracted to Statoil, with a range of future-proof solutions designed to deliver