China Merchants Industry News


MacGregor Bags 'Largest Single Vessel Order' in Offshore Wind Space

Aug 27, 2020

Deck machinery and equipment company MacGregor, a Cargotec subsidiary, has won what it says is its largest single vessel order.Namely, the vessel owner OHT has ordered a batch of MacGregor equipment for its under-construction offshore wind foundation installation vessel…

OHT's Alfa Lift Vessel to Install Dogger Bank A Wind Farm Foundations

Jul 31, 2020

Norway's Offshore Heavy Transports has won a contract to transport and install foundations for the first phase of Equinor's and SSE's Dogger Bank Wind Farm, Dogger Bank A, in the UK, using its foundation installation vessel Alfa Lift being built in China…

Dyna-Mac Nets Offshore Vessel Hull Work

Apr 14, 2020

Singapore-listed Dyna-Mac has won an order to build two upper hull sections of an offshore vessel.Dyna-Mac said Tuesday that the order, from an unnamed repeat client, was valued at S$6.3 million.Under the terms of the contract, Dyna-Mac’s scope of work includes structural fabrication and erection…

Dyna-Mac, China Merchants Heavy Industry Form JV Firm

Apr 09, 2020

Singapore-based FPSO module specialist Dyna-Mac and China's offshore equipment and vessel builder China Merchants Heavy Industry Holdings (CMHIH) have entered into a joint venture deal.Under the agreement, the two companies will create the DM-CMHI Heavy Industry company in China…

OHT Launches Alfa Lift

Mar 01, 2020

Offshore Heavy Transport’s (OHT) new semi-submersible wind farm foundation installation vessel Alfa Lift reached yet another step forward towards delivery, with its first launching last week.The hull was launched into the water for the first time…

FPSOs: The New Business Model

Feb 29, 2020

As New Year 2020 unfolds, there are 21 floating production, storage and offloading units (FPSO) on order, and unlike a year ago, these — and not floating liquefied natural gas (FLNG) — are the unheralded story. Driven by a decent price for oil…

Offshore to Constitute 25% of Wind Demand

Feb 06, 2020

Offshore wind will constitute 25% of total wind demand in 2028, up from 10% in 2019 and will narrow the gap with offshore upstream oil and gas in terms of capital expenditure deployment, said the analyst firm Wood Mackenzie.The possibility of offshore wind becoming cheaper than coal…

Independent Operators Lead 2020 FPSO Surge

Feb 04, 2020

2020 will be a peak year for floating production, storage and offloading unit (FPSO) demand with up to 14 awards forecast in Wood Mackenzie’s base case scenario, half of which will be located offshore Latin America. Only two of these facilities are expected to be Petrobras units…

CMHI Builds Alfa Lift

Jan 21, 2020

The construction of the 48,000 dwt semi-submersible offshore wind farm foundation installation vessel, Alfa Lift, is progressing at the China Merchants Heavy Industry (CMHI) shipyard.CMHI has installed 78 out of 162 blocks in the dock of Offshore…

Prysmian to Wire Chinese Offshore Wind Turbine

Jan 09, 2020

Italian multinational manufacturer of cables Prysmian Group has been awarded a contract by Dongfang Electric Corporation (DEC) for the supply of cables for DEC’s newest 10 MW offshore wind turbine prototype.The contract includes the supply of…

China Opens Up to Foreign E&P Firms

Jan 09, 2020

For the first time, China will this year allow foreign companies to explore for and produce oil and gas in the country, opening up the industry to firms other than state-run energy giants, as Beijing looks to boost domestic energy supplies.The…

SBM Orders Two More Fast4Ward Hulls

Dec 05, 2019

SBM Offshore announced it has signed contracts with Chinese shipyards for the construction of the company’s fourth and fifth hulls under its purchase program for Fast4Ward newbuild multipurpose floating production, storage and offloading unit (FPSO) hulls…

Jan De Nul orders Offshore Installation Vessel

Nov 27, 2019

Six months after the offshore installation vessel Voltaire, Jan De Nul Group orders Les Alizés, a floating installation crane vessel from the CMHI Haimen shipyard in China.Together with the Voltaire, this new vessel will be in a super-size class of its own…

OHT Heavy Lifter Keel Laying

Oct 03, 2019

Keel laying has been completed for Norway-based Offshore Heavy Transport (OHT)'s new crane vessel Alfa Lift currently under construction at China Merchants Heavy Industry (CMHI) yard in Jiangsu.'The new heavy installation crane vessel has reached…

UDS Lines Up Work for Ultra Deep Matisse

Aug 22, 2019

Singapore-based Ultra Deep Solutions (UDS) said it has signed the newbuild dive support vessel Ultra Deep Matisse to a long term contract for a major EPC player. The contract is said to be worth between $50 million to $250 million.The 143-meter…

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