Statoil becomes operator of the Martin Linge [Offshore]
Statoil and Total have completed their previously announced transaction whereby Statoil has acquired Total’s equity stakes in, and taken over the operatorships of, the Martin Linge field and the Garantiana discovery on the Norwegian continental...
2018-03-22 07:11:14
Gulf Island Fabrication announces project awards [Shipbuilding]
Gulf Island Fabrication, Inc. (NASDAQ:GIFI), announced on March 19 that, through its subsidiary Gulf Island Shipyards, L.L.C., it has signed a contract for the construction and delivery of one Towing, Salvage and Rescue Ship (T-ATS) Vessel with t...
2018-03-22 07:10:24
YZJ considers portfolio diversification [Shipbuilding]
Yangzijiang Shipbuilding (Holdings) Group (YZJ) is reportedly planning the diversification of its business portfolio with the goal of reducing management risks.  Of 123 vessels owned by the China's largest private shipbuilder, according t...
2018-03-22 07:09:34
Barossa project gets green light [Offshore]
It turned out that Australian government authority has approved the development of the Barossa gas field in the Bonaparte Basin located offshore about 300 km north of Darwin. The Barossa project, which is planned by ConocoPhillips, SK E&S ...
2018-03-22 07:09:06
Damen to build fully electric ferries [Shipbuilding]
Damen to build fully electric ferries  Damen Shipyards Group announced on March 20 that the Dutch shipbuilder's proposal for building two new ferries with full electric propulsion has gotten approval from the Government of Ontario. &...
2018-03-22 07:08:39
CSET to order new methanol carriers? [Shipbuilding]
The industry is expected a possible methanol carrier orders as COSCO Shipping Energy Transportation (CSET) signed a deal for up to two methanol plants in the US. The company is cooperating with IGP Methanol and Jinguotou (JGT) for the project,...
2018-03-22 07:06:05
China pouring orders into logbook [Shipbuilding]
Chinese shipbuilding industry is showing a heavy yoy growth in Jan-Feb period in 2018. According to CANSI, the accumulated order intake of the industry during the period recorded 12.29m dwt, which is yoy 456% increase. In the same period, the ...
2018-03-22 07:05:31
DSME reclaimed global second place [Shipbuilding]
Global newbuilding orderbook recorded 199.7m dwt (77m cgt, 3,065 units) at the end of February, which is around 4% lower than a year ago and 2% lower compared to the beginning of the year in terms of dwt. As of the end of February, according t...
2018-03-22 07:04:58
ABB improving SHI’s shuttle tankers [Equipment]
ABB announced on March 20 that it is providing cutting-edge solutions to two shuttle tankers Samsung Heavy Industries (SHI) is building for Statoil. The DP2 shuttle tankers will feature an extensive range of ABB’s power and automation soluti...
2018-03-22 07:04:22
Transas acquired by Wärtsilä [Equipment]
Wärtsilä, a global technology group headquartered in Finland, announced on March 19 that it has acquired Transas, an innovative, digital solutions provider headquartered in the UK. This acquisition is a recognition of Transas’ strong position...
2018-03-21 07:14:33
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