LR1&MR1 tanker sector is reducing [Shipping]
  LR1 tankers (60,000~84,999-dwt) and MR1 tankers (34,000~40,999-dwt) have been decreasing.    According to industry sources and foreign media, MR1 and LR1 petroleum product tankers, which were the most popular ship types ...
2021-03-10 09:12:22
Dongsung Finetec secures LH2 tank AiP [Equipment]
  Dongsung Finetec, a Korean maker of cryogenic insulation products, a unit of Dongsung Corporation, announced on February 26 that it has been awarded Approvals in Principle (AiP) by ABS for LH2 tank design for ship.    The ...
2021-03-10 09:11:30
SHI loses arbitration case against Stena [Offshore]
  Samsung Heavy Industries (SHI) revealed results of arbitration with Stena SB Group related to semi-submersible drilling rig through a regulatory filing on March 8.     The London Court of International Arbitration ruled on...
2021-03-10 09:10:31
SHI wins LNG-fueled boxship quintet [Shipbuilding]
  Samsung Heavy Industries (SHI) announced through a regulatory filing on March 9 that the Korean shipbuilding heavyweight has been awarded five LNG-fueled 15,000 teu containerships worth KRW 794.2bn (about $700m) by an Asian shipowner.&n...
2021-03-10 09:09:16
KSOE scores newbuild octet [Shipbuilding]
  Korea Shipbuilding & Offshore Engineering (KSOE) has been awarded newbuilds worth KRW 835bn (about $732m).   The shipbuilding holding entity of Hyundai Heavy Industries (HHI) Group announced on March 9 that it won four 15,9...
2021-03-10 09:08:21
Alfa Laval to begin large-scale methanol testing [Equipment]
  Alfa Laval announced on March 8 that Major tests of methanol as a marine fuel will soon begin at the Alfa Laval Test & Training Centre in Aalborg, Denmark. Working closely with MAN Energy Solutions and other partners, Alfa Laval wil...
2021-03-09 10:01:55
Yxney joins Kongsberg’s Kognifai partner program [Equipment]
  Kongsberg Digital announced on March 8 that Kongsberg Digital and Yxney, an energy efficiency specialist helping customers achieve combined savings of more than 60 000 tons of CO2 in 2020, have teamed up to offer shipowners and operator...
2021-03-09 09:56:41
Aker Solutions awarded Asgard B contract by Equinor [Offshore]
  Aker Solutions announced on March 4 that it has won a substantial contract from Equinor for modifications on the Åsgard B gas and condensate platform to enable increased production. The scope includes engineering, procurement, con...
2021-03-09 09:50:04
Valaris set to emerge from bankruptcy [Finance]
  Valaris plc (OTC: VALPQ) (“Valaris” or the “Company”) announced on March 3 that it has received approval from the United States Bankruptcy Court for the Southern District of Texas of its prearranged Plan of Reorg...
2021-03-09 09:46:00
Wood-chip Carrier for Hokuetsu delivered [Shipping]
  NYK Line announced on March 4 that a new wood-chip carrier for the Hokuetsu Corporation was delivered on March 2 at Oshima Shipbuilding Co., Ltd. in Saikai city, Nagasaki, Japan. NYK and Hokuetsu have a long-term contract for this vesse...
2021-03-09 09:41:19
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