Page 42: of Maritime Reporter Magazine (August 2017)

Shipbuilding Photo Courtesy: Yamal LNG and Sovcom? ot.

BY WILLIAM STOICHEVSKI

Competition, too, may be providing im- backing the Russian mega yards.

The Woodmac report we saw offered us petus for giant shipyard schemes at Ras El- cause for pause — “Strong activity from

Khair in Saudi Arabia and at Sabetta and Global Impact

Bolshoi Kamen in the Russian Far North and Whatever the mega yards’ sprawl in square the (major oil companies)” while “national

Far East. For Saudi, rival Qatar’s shipyards miles, their eventual impact on the market produce large and small vessels, and its ? eet for smaller vessels is in doubt. “Big yards oil companies have tightened their purse of LNG carriers is large and emboldened by can build small ships effectively, too, if the a new deal with Hoegh LNG to explore FS- number of vessels is high,” said Cankut strings.” What Maritime Reporter found,

RUs. For Russia, there’s the crush of destabi- Demirkol, business development manager was that national oil companies — nation- lized oil prices. at Turkey’s Özata Shipyard. “You can ef-

At Ras El-Khair, a Saudi Aramco joint ven- fectively build small tugs, ferries, trawlers, builders, for many — are putting their mon- ture will produce jack-up rigs, offshore ser- etcetera, if they are a series of vessels (other- vice vessels, or OSVs, and very large crude wise) … the income from the vessel will not ey in af? liate shipyards. The hope of two, carriers, or VLCCs. At Sabetta on the Arctic cover the expenses.” new shipbuilding giants is jobs, innovation,

Kara Sea and at Bolshoi Kamen on Russia’s Apart from planned capacity for four rig

Paci? c Coast, ice-breaking vessels, offshore builds and three VLCCs a year, some 40 national survival and export security. The structures, VLCCs and gas carriers. Russia’s other shipbuilding slots for unspeci? ed ves- aim is to offer the world’s ? rst, arctic-only sel types will shape the Saudi yard. Its joint model is to invite those who have done it offshore ? eet to complement its ice-breaking venture between Saudi Aramco, Lamprell before: Koreans, Japanese, French and a tankers and the Christophe de Margerie, St. and Hyundai Heavy Industries will use facil-

Petersburg-based SCF’s Korean-built ice- ities built by U.S.-based marine contractor, contractor with offshore and marine expe- breaking LNG carrier. As with Saudi Aram- McDermott International. It is understood

S co, energy giants Rosneft and Novatek are that McDermott will engineer the Saudi yard rience. 42 Maritime Reporter & Engineering News • AUGUST 2017

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