BP receiving bids for Tortue platform [Offshore]
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...
2018-06-19 07:19:10
Oldendorff actively orders new BCs [Shipbuilding]
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...
2018-06-19 07:18:43
KMARIN abandons new VLOC orders? [Shipbuilding]
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...
2018-06-19 07:18:14
YZJ won two Japanese BCs [Shipbuilding]
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...
2018-06-19 07:17:44
ABS-Probunkers join forces for LNGBV [Shipbuilding]
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...
2018-06-19 07:17:12
HHI score: lower revenue, higher order [Shipbuilding]
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...
2018-06-19 07:16:25
Sembcorp books goliath cranes at Korea [General]
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...
2018-06-19 07:15:56
CIMC Raffles inks LOI for semi-sub rig [Offshore]
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...
2018-06-19 07:14:42
Danos Wins Shell Contract [Offshore]
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...
2018-06-18 07:51:45
Rolls-Royce confirms fundamental restructuring [General]
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...
2018-06-18 07:51:20
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