Petrobras visiting Hyundai [Offshore]
Today (:21st April), Morning Time Brasil's national oil major Petrobras' 30 representative group visit Hyundai Heavy Industries in Ulsan shipyard.
2009-04-21 13:01:19
Petrobras to order 15 units [Offshore]
Brazil’s oil major Petrobras visited South Korea on April 20th and held a presentation meeting upon its giant oil development project. On the day it first revealed that it will place orders for 8 FPSOs and 7 drillships in stages by next year. South...
2009-04-21 11:45:25
Korean Register opens Mumbai branch [General]
The Korean Register of Shipping (KR), a classification society and IACS member, announced the opening of its first branch in India at a glittering function in Mumbai on April 16th. Addressing a gathering from the Indian maritime community, Mr Oh Kong...
2009-04-21 08:00:53
European banks dispose of ship loans [Finance]
Financial institutions in Europe are faced with the need to cut the balance of their credited loans amid the lingering global financial woes. Some of the banks, which accepted official aid to avert a possible liquidity crisis, have a large portio...
2009-04-21 07:53:55
Shipbreaking market slows further [General]
Ship scrapping sales have slowed further as prices fell, but a floor may have been reached. Several vessels were circulated last week, but sellers were holding off finalising deals in the hope of a recovery in levels. US-based cash buyer GMS said:...
2009-04-21 07:50:07
Bender gets new buyer for PSVs [Offshore]
Bender Shipbuilding and Repair is reportedly wrapping up a deal to sell three platform supply vessels (PSVs) originally ordered by Gulfmark Offshore. The identity of the new buyer has not been disclosed. New York-listed GulfMark said it backed ...
2009-04-21 07:46:24
Boxship market still bleak [Shipping]
Although the containership chartering market saw an increase in requirements in the last week, continued oversupply has prevented any improvement, Braemar Seascope said Monday. "An increase in cargo volume is the key for an improvement to the pres...
2009-04-21 07:42:45
IHI develops welding robot for SPB LNG tank [Equipment]
IHI Corp. has successfully developed an automatic welding robot designed to ensure more efficient production of the SPB (the self-supporting prismatic-shape IMO type-B) heat-proof LNG tanks, which are expected to command greater demands in the future...
2009-04-21 07:40:11
Bankrupt Kanasashi has $106m in deposits [Finance]
It seems that the deposits bankrupt Kanasashi Heavy Industries of Japan, now seeking court-led rehabilitation, has received from owners ordering newbuildings from it, amount to as much as Y10.5 billion ($106m). According to TSR Information, among the...
2009-04-21 07:36:23
No VLCCs laid-up despite tanker rates fall [Shipping]
No VLCCs apparently stay laid-up across the world at the moment despite growing perspectives that the falling tanker rates may force operators to idle some of their vessels. An official related to the tanker business said, "The actual situation m...
2009-04-21 07:29:49
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