Shipbuilding
Nakilat & Shell complete 2nd phase of fleet management plan
Nakilat announced on November 17 that it has completed the second phase of its fleet management transition from Shell International Trading and Shipping Company Limited (Shell), with a total of seven LNG carriers transitioned to its in-house tech...
2020-11-20 09:21:58
Korea supports environmental consulting
The government of Jeollanam-do province of Korea plans to support environmental consulting to small and mid-sized companies in the shipbuilding industry, which went through a recession resulting from COVID19, with the goal of improving their co...
2020-11-20 09:16:58
Chinese ship repair output increases by 48%
From the first quarter to the third quarter this year, the volume of ship repair in China boosted 48% compared to the previous year’s one. According to industry sources and foreign media, Chinese ship yards’ total repair volume increased...
2020-11-20 09:16:03
YZJ obtains 34 vessels in 2020
It seems that Yangzijiang Shipbuilding (Holdings) Group (YZJ) of China has obtained potential ten vessels from a Japanese shipowner. According to industry sources and foreign media, until the present day, YZJ has been secured orders for 34 shi...
2020-11-20 09:15:17
Samkang M&T wins chemical tanker
Samkang M&T, a Korean manufacturer and supplier of heavy wall pipes, marine equipment, and marine fabrication plants, announced on November 16 that the company won one 1,800 dwt stainless-steel chemical tanker from its compatriot operator Keo...
2020-11-20 09:12:53
VLEC delivered on time to STL
ABS announced on November 17 that the first of an order of 12 Very Large Ethane Carriers (VLECs) now being built to ABS Class has been delivered to Zhejiang Satellite Petrochemical (STL) by Samsung Heavy Industries (SHI). The Seri Everest, the...
2020-11-19 09:35:28
LNG dual-fueled ships make 10 % of tanker orders
Gasum announced on November 17 that Risavika LNG front month has increased by 2.4 % week on week to 24.60 EUR/MWh. Colder weather forecast for the rest of November supported European front month gas prices. Still the gas supply side remains healt...
2020-11-19 09:31:17
Wisdom Marine places LPGC order
Taiwanese shipowner Wisdom Marine has recently commissioned Japan's Murakami Hide Shipbuilding to build one 5,000 cbm LPG carrier. With the latest deal, according to industrial source and TradeWinds, Wisdom Marine has entered into LPG carrier ...
2020-11-19 09:06:58
Increase in orders for dual-fuel newbuilds
Even though global shipyards are suffering severe order drought due to COVID-19 and its aftermath, shipowners placed orders for LNG powered ships against a backdrop of long-term charters. According to industry sources and foreign media, Malays...
2020-11-19 09:06:06
SHI wins Suezmax tanker trio
Samsung Heavy Industries announced through a regulatory filing on November 17 that the Korean shipbuilding tycoon has won three Suezmax crude carriers from an Oceanian operator.  The tanker trio worth KRW 194.6bn in total will be delivere...
2020-11-19 09:03:43
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