RAAS Research Alliance to push automation of transport [Shipping]
A new Research Alliance for Autonomous Systems (RAAS) has been launched by VTT Technical Research Centre of Finland, Aalto University, Tampere University of Technology and eight other universities and universities of applied sciences. RAAS aims t...
2018-06-14 07:33:01
Subsea 7 awarded contract offshore uk [Offshore]
Subsea 7 announced on June 11 the award of a contract by Shell for the Penguins Redevelopment Project, located approximately 150 miles north-east of the Shetland Islands.  The engineering, procurement, construction and installation (EPCI)...
2018-06-14 07:31:46
Equinor deepens position in Brazil [Offshore]
Equinor has expanded its portfolio in Brazil’s prolific Campos and Santos basins after winning the Uirapuru and Dois Irmãos blocks in the 4th Production Sharing Bidding Round in Brazil. Equinor, ExxonMobil and Petrogal Brasil presented the ...
2018-06-14 07:30:18
HT won German Kamsarmax [Shipbuilding]
Egon Oldendorff, a German shipowning company has ordered two kamsarmax bulkers at Jiangsu Hantong Ship Heavy Industry (HT) of China. According to the industry, the two 82,000-dwt bulkers will be delivered in January and March 2020 at around $2...
2018-06-14 07:29:48
Norway Simek ends operation [Shipbuilding]
Norwegian shipbuilder Simek Verft closes long history due to lack of orders. Simek, an OSV expert yard located at Flekkefjord, Norway, with 51 years of operation, now ends its history because of this long-term depression in the offshore market...
2018-06-14 07:29:22
Electric cars likely to knock TK market out [Shipbuilding]
An industry experts suggested that the growth of electric vehicle (EV) market will have a negative effect on tanker shipping business.  During the Bimco Power Panel at Posidonia 2018, James Leake, an analyst at NS Lemos, expected that EV ...
2018-06-14 07:28:37
DSME hires new recruits in four years [General]
Daewoo Shipbuilding & Marine Engineering (DSME) hires new employees for the first time in four years. During a press meeting held on June 11 at DSME's office building in Da-dong, Seoul, Korea, CEO Jung Sung-Leep noted, "The situation is st...
2018-06-14 07:27:20
Macquarie pushes 1GW OWF in Korea [Offshore]
An Australian investment bank Macquarie Group is planning to make a huge investment for a floating offshore wind farm venture in Korea. Recently, a Korean outfit Gyeongbuk Floating Offshore Wind Power and Macquarie Group signed an MOU for a pr...
2018-06-14 07:26:20
'SMM advance press conference' held [Shipbuilding]
Hamburg Messe und Congress (HMC), a legal entity owned by the city Hamburg, had the SMM advance press conference (International Advance Conference) on May 25 at the Westin Hamburg, Hamburg, Germany, for dozens of journalists from the world's lead...
2018-06-14 07:25:50
Korea took lion’s share in May [Shipbuilding]
Korean shipbuilding industry took the largest part of global orders in May. According to Clarkson Research, Korean yards took 550,000-cgt (15 units) among the global total of 1m cgt (35 units), taking a log lead on China’s 250,000-cgt (13 un...
2018-06-14 07:25:12
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