Forte Offshore !! [Offshore]
The offshore plant business and heavy cargo shipping industry transporting plant facilities and equipment will be fostered as a new growth engine for the shipping industry in Korea. forte Korea's Ministy of Land, Transport and Maritime Affairs (MLTH)...
2011-03-23 12:13:35
China going at offshore business [Offshore]
The China Association of National Shipbuilding Industry (CANSI) held the first formal offshore plant meeting on the 16th of this month for fast development of China's offshore plant business. The meeting was attended by around 30 offshore-related...
2011-03-23 11:14:30
China pushing for green-ships [Shipbuilding]
Newly emerged shipbuilding powerhouse, China, is working at developing eco-friendly vessels. Miu Gao-ping, the manager of Shanghai Society of Naval Architects & Marine Engineers, asserts that Chinese ships are still behind rivals' ones from ship...
2011-03-23 11:00:52
Doosan to enjoy eco-japan [Equipment]
S. Korea's Doosan Engine (pictured) is expected to benefit from increasing new boxship and LNG carrier orders. Choi Won-kyeong, analyst of Seoul-based Kium Securties, says, "The company's sales for the first quarter of the year is likely to be KR...
2011-03-23 10:39:18
STX signs MOU for LNG [Offshore]
S. Korea's STX Offshore & Shipbuilding signed a MOU with Norway's TORP (Terminal Offshore Regas Plant) LNG AS to cooperate in LNG transportation and regasification yesterday. TORP LNG holds proprietary technology in the sector and is actively carr...
2011-03-23 09:52:03
US yards win petroleum barges [General]
Harley Marine Services, Seattle, has recently signed contracts with two local shipyards to begin construction on three double hull petroleum barges. Harley Marine has a goal of reaching OPA 90 compliance before 2012. OPA 90 (Oil Pollution Act of ...
2011-03-23 08:25:55
AVEVA new contract with Hyundai [Equipment]
AVEVA, a leader in engineering design and information management solutions for the plant, power and marine industries, announced a significant new contract win with South Korea's Hyundai Heavy Industries (HHI), further increasing its investment in AV...
2011-03-23 08:21:39
US OKs ExxonMobil deep-water drilling [Offshore]
The US Interior Department said Tuesday it approved a permit for ExxonMobil to drill in the deep waters of the Gulf of Mexico, the fourth such deep-water permit the department has cleared since the BP oil spill last summer. ExxonMobil was awarded...
2011-03-23 08:17:59
Gazprom eyes ice-class LNG carriers [Finance]
Russia’s Gazprom has received offers from domestic and foreign shipowners to be part of a major project to export LNG from Russia, according to Norwegian investment bank Lorentzen & Stemoco. At least 11 owners have submitted bids to provide fou...
2011-03-23 08:14:28
Bulker orders fall, boxships boom [Shipping]
The newbuilding market is heading towards different directions. On one hand there’s the falling interest from dry bulk ship owners, whose demand for newbuildings seems to be waning. On the other hand, there are their container shipping counterp...
2011-03-23 08:03:08
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