BP receiving bids for Tortue platform
Global oil major BP is receiving biddings for the platforms of $5.8bn Tortue project. According to foreign media and industry, Daewoo Shipbuilding & Marine Engineering (DSME), COSCO Shipping Heavy Industry, CIMC Raffles, Lamprell, and othe...
Oldendorff actively orders new BCs
Oldendorff Carriers has recently made active newbuilding orders. The German bulker operator ordered three Ultramax bulkers from Dalian COSCO KHI Ship Engineering (DACKS), a China-Japan JV yard, TradeWinds reported. The 'gearless' vessels...
KMARIN abandons new VLOC orders?
Kukje Maritime Investment Corporation (KMARIN) is said to have terminated its plan to order large-sized bulkers from Chinese shipbuilding industry. Last April, the Korean ship investment firm reportedly discussed with Chinese shipyards about t...
YZJ won two Japanese BCs
Japanese giant trading company Mitsui & CO have ordered two kamsarmax bulkers at Yangzijiang Shipbuilding (Holdings) Group (YZJ). The 82,000-dwt newbuildings are estimated to be around $27m apiece and will be delivered in 2020 featuring Ti...
ABS-Probunkers join forces for LNGBV
It is said that 2017 established Athens-based Probunkers signed a business agreement for technological research for a preferred design of LNG bunkering vessel with ABS during Posidonia 2018. Alexander Prokopakis, CEO of Probunkers explained th...
HHI score: lower revenue, higher order
Hyundai Heavy Industries (HHI) announced through a regulatory filing on June 15 that its May revenue (separated basis) recorded yoy 23.8% decrease at KRW645.7bn. HHI’s accumulated revenue through May from the beginning of the year logged yoy 30...
Sembcorp books goliath cranes at Korea
HanJoong Ship Machinery of Korea has started the construction of a 15,000-ton goliath crane this month. According to industrial sources, HanJoong clinched a turn-key project for two of the cranes from Sembcorp Marine's wholly-owned subsi...
CIMC Raffles inks LOI for semi-sub rig
China's CIMC Raffles turns out to have signed a letter of intent (LOI) with Ocean Rig, a Greek offshore drilling rig operator, for the construction of one semi-submersible drilling rig. In a bid for the engineering, procurement and const...
Danos Wins Shell Contract
Dano announced that Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell, has awarded a contract to Danos to provide coatings for Shell’s deep-water Appomattox platform in the Gulf of Mexico. The coatings project is expec...
Rolls-Royce confirms fundamental restructuring
Rolls-Royce announces the next stage in our drive for pace and simplicity with a proposed restructuring that will deliver improved returns, higher margins and increased cash flow. This will support our long-term ambition to be the world’s leadi...
2018 - 6
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