Shipbuilding
Rolls-Royce signs largest ever fishing vessel contract
Rolls-Royce Marine has signed a contract with Thoma-Sea Marine Constructors, L.L.C. in Louisiana, USA, for the development of a state-of-the-art pelagic trawler. The 100 meter-long vessel is to be built for the Seattle based company Arctic Storm ...
2018-06-14 07:33:23
HT won German Kamsarmax
Egon Oldendorff, a German shipowning company has ordered two kamsarmax bulkers at Jiangsu Hantong Ship Heavy Industry (HT) of China. According to the industry, the two 82,000-dwt bulkers will be delivered in January and March 2020 at around $2...
2018-06-14 07:29:48
Norway Simek ends operation
Norwegian shipbuilder Simek Verft closes long history due to lack of orders. Simek, an OSV expert yard located at Flekkefjord, Norway, with 51 years of operation, now ends its history because of this long-term depression in the offshore market...
2018-06-14 07:29:22
Electric cars likely to knock TK market out
An industry experts suggested that the growth of electric vehicle (EV) market will have a negative effect on tanker shipping business.  During the Bimco Power Panel at Posidonia 2018, James Leake, an analyst at NS Lemos, expected that EV ...
2018-06-14 07:28:37
'SMM advance press conference' held
Hamburg Messe und Congress (HMC), a legal entity owned by the city Hamburg, had the SMM advance press conference (International Advance Conference) on May 25 at the Westin Hamburg, Hamburg, Germany, for dozens of journalists from the world's lead...
2018-06-14 07:25:50
Korea took lion’s share in May
Korean shipbuilding industry took the largest part of global orders in May. According to Clarkson Research, Korean yards took 550,000-cgt (15 units) among the global total of 1m cgt (35 units), taking a log lead on China’s 250,000-cgt (13 un...
2018-06-14 07:25:12
SHI wins MR quintet for Japan
Samsung Heavy Industries (SHI) seems to have won five MR tankers from Mitsui & Co of Japan. According to foreign presses and industrial sources, the Japanese company placed an order at SHI for five 50,000 dwt tankers based on a long-term c...
2018-06-14 07:24:39
Exchange rate hits industry hard
Clarkson newbuilding price index is at the 128pt level now, showing 2.4% increase from the beginning of the year. Capesize bulker (8.0%) and VLCC (7.4%) led the growth, and boxship also showed 3.7% markup. However, the industry seems not so ha...
2018-06-14 07:24:10
FESDEC, TGS, KMS close to AiP
FESDEC(Far East Ship Design & Engineering) and TGS(Trans Gas Solution) in collaboration with KMS(Korea Maritime Services) have acquired the 2nd phase of Approval in Principle(AiP) from DNV GL, a global leading class society within the gas fue...
2018-06-12 07:30:53
JMU wins MR2 tanker duo
Some Japanese ship operators turned out to have commissioned their compatriot shipbuilders to build new tankers. As a part of its fleet renewal program, according to a foreign media outlet, Nissen Kaiun placed an order at Japan Marine United (...
2018-06-12 07:22:49
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