Zhenhua wins pipelay vessel [Shipbuilding]
Zhenhua Heavy Industries has scored an order for an offshore vessel from National Petroleum Construction Company. The Chinese shipbuilder will roll out the derrick pipelay vessel for the Abu Dhabi-based owner in 2012. PNCC penned the contract...
2010-06-15 08:20:37
NYK develops low-sulphur fuel additive [Shipping]
NYK reports that together with subsidiary Nippon Yuka Kogyo Co it has developed an additive (Yunic 700LS) for low-sulphur diesel fuel, to help prevent mechanical troubles in fuel-oil systems. As part of the toughening of regulations on air-quality...
2010-06-15 08:17:44
India awarded 'Best National Pavilion' [General]
Indian exhibitors returned home over the weekend following a triumphant week in Athens where they made their debut at the world's most international show, Posidonia. In addition to highlighting the benefits of working with Indian companies such a...
2010-06-15 07:34:52
PNSC to order handymax BC's [Shipbuilding]
Pakistan National Shipping Corp (PNSC) is looking to add five bulkers to its fleet. Its target emerged as the shipowner revealed a slump in third quarter profit as revenue fell away. PNSC says the new bulkers are to replace ships sold for demolit...
2010-06-15 07:19:44
Petrobras inks shipyard lease [Offshore]
Petrobas has tied up a 20-year lease on former Rio de Janeiro-area Ishibras shipyard, the company revealed Monday. The Braziliain oil behemoth will shell out nearly BRL 4m ($2.2m) per month for access to the facility which will be renamed Inhauma...
2010-06-15 07:13:32
DNV joins NYK & Maersk to develop green ships [Shipbuilding]
Det Norske Veritas (DNV) will be part of the collaboration between NYK and A.P Moller-Maersk on environmental technology initiatives. NYK and A.P. Moller-Maersk have agreed to share ideas on emission-reduction technologies in their efforts to redu...
2010-06-15 06:50:35
LNG newbuilding to restart [Offshore]
Global LNG carrier newbuilding orderbook has plunged to 10% level of total tonnage and, hence, new orders are expected to resume sooner or later, Clarkson Research Services says. In his weekly column, Clarksons Research managing director Martin St...
2010-06-15 06:43:23
DSME signs $600m Platform Install Vessel [Shipbuilding]
South Korea's Daewoo Shipbuilding & Marine Engineering has recently won a near $600m contract to build a Platform Installation/Removal & Pipe-lay Vessel from the Swiss-based Allseas Group SA. DSME president Nam Sang-tae and Allseas chairman Edward...
2010-06-14 11:35:08
SSI boosts ship design capabilities [Shipbuilding]
South Korean emerging shipbuilder Samjin Shipbuilding Industries signed a memorandum of understanding on June 10th with compatriot Far East Ship Design & Engineering. With the MOU, SSI now can meet shipowners' request for various-size crude carrie...
2010-06-14 10:40:39
CSSC, CSIC expand financing channel [Finance]
Cui Jindu, Deputy Mayor of Tianjian City China, recently revealed that the Big 2 Chinese shipbuilding groups, namely China State Shipbuilding Corporation China (CSSC) and China Shipbuilding Industry Corporation (CSIC), were both considering investing...
2010-06-14 09:52:01
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