Shipbuilding
"Speculative LNGC orders considerable"
While demands for LNG are rising sharply throughout the world, industry experts caution against speculative LNG carrier orders. According to the latest edition of 'Bottoms Up LNG' report released by a team led by Michael Webber, Senior Analyst...
2019-06-17 08:32:57
"Ammonia could be the fuel of future "
C-Job Naval Architects, A Dutch marine architect located at Hoofddorp, recently published a paper arguing NH3 can be a safe and efficient marine fuel. The company conducted a study on an ammonia carrier using ammonia fuel. They found that the ...
2019-06-14 15:25:29
JMU may face business realignment
A high official at JFE Holdings, a major shareholder at Japan Marine United (JMU), hinted a possibility of business realignment at the shipyard. Executive Vice President of JFE Masashi Terahata recently commented that changes in the shipbuildi...
2019-06-14 15:02:04
KSS LINE orders new VLGC at HHI
KSS LINE ordered one 84,000-cbm VLGC at Hyundai Heavy Industries (HHI) with an option for one more. KSS LINE announced on June 12 through a regulatory filing that the company secured a KRW115-161bn chartering agreement from Spanish energy trad...
2019-06-14 14:32:26
"15-17 LNGCs needed for Arctic LNG 2"
The number of Arc7 ice-breaking LNG carriers needed for Novatek's 'Arctic LNG 2' project could reportedly be a 15-17 level.  Leonid Mikhelson, CEO at the largest independent natural gas producer in Russia, has recently had an interview wi...
2019-06-14 08:36:22
Korea-Norway businesses ink several deals
While Korean President Moon Jae-in is visiting Norway to have a summit with Prime Minister Erna Solberg, the Ministry of Trade, Industry and Energy (MOTIE) of Korea announced that businesses from the two countries signed four memorandums of under...
2019-06-14 08:35:52
Sungdong finally sees new owner?
Sungdong Shipbuilding & Marine Engineering may find a new owner soon as the bidding closed in the afternoon, June 13. Changwon District Court and sale manager PwC. Samil closed receiving bids at three p.m. on the day. The court plans to ch...
2019-06-13 16:32:12
HHI wins suezmax pair from Greece's Avin
Avin International has reportedly ordered two suezmax tankers from Hyundai Heavy Industries (HHI). The Greek shipowner has placed an order for two 158,000-dwt crude tankers from HHI, according to foreign media and broking sources. Inter...
2019-06-13 13:31:43
JP Morgan behind LNGC order at Samsung?
Global investment bank JP Morgan is being linked to a newbuilding order for two LNG carriers at Samsung Heavy Industries (SHI). TradeWinds reports that JP Morgan or interests of the company has placed an order for two LNG carriers from SHI. ...
2019-06-13 13:18:21
Oshima joins hands with DNV GL
Spurred by the IMO strategy to reduce greenhouse gas (GHG) emissions, Oshima Shipbuilding and classification society DNV GL have signed a long-term strategic cooperation to conduct research and development together on new bulk carrier designs. Th...
2019-06-13 07:57:48
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