Equipment
BWM cost spurs VLCC scrapping
The costs associated with meeting the upcoming Water Ballast Management Convention (WBC) could prompt more VLCC scrapping, a top shipbroker says. “Given the recent trading conditions, the rapid fall in asset values and spiralling bunker prices,...
2011-12-20 07:46:17
Daewoo sets Cloud System
Daewoo Shipbuilding & Marine Engineering announced on 19 December that it would start building a next-generation document management system in the end of this year to establish cloud computing. Documents will be saved in server, not in personal c...
2011-12-20 06:57:19
Plate prolonged inventory adjustment
Due to slump in shipbuilding market, inventory coordination for thick plate takes time than expected. Analyst Kim Hyun-Tae from KB Investment & Securities of South Korea said, "Thick plate is suffering from decrease in demand and cost cut pressure...
2011-12-19 10:26:10
Hamworthy's world 1st scrubber onboard
Hamworthy Krystallon, the world leading marine scrubbing technology manufacturer, announced that the first of four vessels installed with the company's seawater scrubbers for leading Italian shipowner Ignazio Messina & Co has come on line. Linea M...
2011-12-19 08:01:43
China marine equip export rise
According to statistical data from General Administration of Customs of China, China's overall export-import of marine equipment in the first ten months increased to $6.416bn, up by 10.76% on the same period in 2010. Among them, export jumped by 21.5...
2011-12-19 07:05:47
Chinese bash equipment price
As an aftermath of Chinese builders' low-margin new order, cost cut on marine equipment manufacturers becomes demanding. Chinese sources said that yards' requests to cut price of marine equipment had been getting stronger since this summer when th...
2011-12-16 11:35:24
EOC wins FPSO design
Emas Offshore Construction (EOC) is to carry out an engineering study for a floating production storage and offloading unit that could also potentially lead to a charter deal. The Oslo-listed company will carry out the job for the owners of the P...
2011-12-16 08:16:45
Statoil tender for LWI vessels
Statoil is receiving bids this month in a tender for at least two light well intervention vessels on long-term contracts. The Norwegian giant said in a statement on Thursday that the new vessels were intended to replace its current fleet of three...
2011-12-16 07:59:01
Rolls-Royce nets OSV package
Rolls-Royce, the global power systems company announced on Dec. 14, that it has won a £15 million order to provide the design, integrated power and propulsion systems and deck equipment for two offshore service vessels for ship owner Island Off...
2011-12-15 08:23:08
Kongsberg-Daewoo rig automation deal
Kongsberg has been awarded a significant offshore automation contract with Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea. The contract covers deliveries to two semi-submersible drilling rigs (Cat-D), with an option for Kongsberg ...
2011-12-15 08:16:37
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